Alliance Venture

Quick read

Alliance Venture is a multi-stage VC firm founded in 2001, headquartered in Oslo, Norway, with an additional office in Stockholm. The firm backs Nordic founders with global ambitions, focusing on enterprise software and tech across seed through later stages. Its 121-investment portfolio includes one unicorn (Oda) and notable exits including Oracle, Shift Technologies, and SquareTrade.

Key facts

Founded

2001

Employees

1-10

Sectors

enterprise, saas, generalist

Website

alliance.vc/

Investment thesis

Alliance Venture backs Nordic founders building companies with global ambitions, primarily at seed stage, with a focus on enterprise software, high tech, and enterprise infrastructure. The firm co-invests alongside Nordic peers such as Investinor, Viking Venture, and Northzone. (inferred from portfolio pattern)

Recent activity

• Jan 2026press
  Parsers.vc recorded Alliance Venture's last activity on 06 Jan 2026, with a portfolio of 60 companies tracked on that platform. parsers.vc
• 2025investment
  Alliance Venture co-led Steep's €1M pre-seed round alongside Inventure, with participation from The Nordic Web Ventures, Antler, and Greens. Steep is an analytics platform built around design, and the funds go toward product launch in European and US markets plus key hires. alliance.vc
• 2025investment
  Alliance VC joined existing investors Ferd, Arkwright X, DNB Ventures, and Squid in a 15 MNOK equity round for Kvist Solutions, a building environmental certification tool. alliance.vc
• 2025investment
  Alliance VC led the first funding round for Ciloo, a Dutch-Norwegian software company targeting internal eCommerce for global enterprises, joined by angel investors. alliance.vc
• Feb 2026press
  Tracxn data as of Feb 2026 shows Alliance Venture with 66 portfolio companies, 1 unicorn, and 1 new investment in the prior 12 months — most recently a Seed round in Hemi. tracxn.com
• Feb 2026investment
  Alliance Venture invested in Hemi (Seed round), a company in the clinics/outpatient services space — the firm's first investment of 2026. pitchbook.com
• Feb 2026investment
  The New Era of Shopping raised a $1.4M pre-seed round with Alliance Venture participating alongside Presto Ventures. tracxn.com
• 2025investment
  Alliance Venture made 3 investments in 2025, consistent with its 4-per-year average over the prior decade. tracxn.com
• 2025investment
  Alliance Venture invested in Odins.ai and Two, per PitchBook portfolio data. pitchbook.com
• 2025press
  Alliance VC ranked as a top-20 popular VC firm on Gilion's list of 2,500+ venture firms globally. linkedin.com
• 2025press
  A partner from Alliance VC represented the firm on a panel at Google Startup Day Oslo, debating against partners from Startuplab, Sondo Capital, and SNÖ Ventures. linkedin.com

Notable investments

• HemiSeed2025tracxn.com
• SteepPre-Seed2025alliance.vc
• Kvist SolutionsSeed2025alliance.vc
• CilooSeed2025alliance.vc
• SanitySeries C2024alliance.vc
• The New Era of ShoppingPre-SeedFeb 2026tracxn.com
• Odins.ai2025pitchbook.com
• Two2025pitchbook.com
• Odatracxn.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Anders (team member) · Partner / Investor
  LinkedIn
• Anders H. Lier · Co-founder & Managing Partner
• Johan Brand · Partner
• Christian Lindemann · Partner

Sources

• Alliance Venture Capital – Official Website
• Alliance Venture investment portfolio | PitchBook
• Alliance Venture - 2026 Investor Profile | Tracxn
• Alliance VC – Unicorn Nest Investor Database
• Alliance VC | LinkedIn
• Our investments – Alliance Venture Capital
• Meet the team – Alliance Venture Capital
• https://parsers.vc/fund/alliance.vc/

Other VCs in Norway

• Verdane Capital · Growth equity, Oslo·
• Idekapital · Early-stage VC, Oslo·
• Skyfall Ventures · Seed VC, Oslo

Explore VCs by sector

• Enterprise software in Norway
• SaaS in Norway

Globally

• Enterprise software worldwide
• SaaS worldwide

Frequently asked