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Investor profile

Northzone

Venture capital firm · Founded 1996 · Active in 2026

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32 Power Law outcomes Power Law Ranking #224 · Global · 32 Power Law outcomes · Active 2026
Unicorns ↑ 12% 5y
19
Decacorns ↓ 33% 5y
2
Thoroughbreds ↑ 120% 5y
24

Northzone is a venture capital firm based in UK, founded in 1996. The page below shows 32 Power Law outcomes from Northzone's portfolio — 19 unicorns ($1B+ valuation) and 9 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

Outcomes are concentrated in eCommerce & Marketplaces · Other B2B Software · Fintech; top portfolio geographies are Sweden · Germany · USA. Northzone ranks #224 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.

Portfolio analysis

The 32 Northzone Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. Sweden9
  2. Germany6
  3. USA5
  4. Norway2
  5. Italy1
  6. UK1
  7. Spain1
  8. Switzerland1
  9. Türkiye1
  10. Russia1
  11. Denmark1
  12. Netherlands1
By sectorCount
  1. eCommerce & Marketplaces9
  2. Other B2B Software5
  3. Fintech4
  4. Marketing4
  5. Other2
  6. Transportation2
  7. Health Tech & Medtech2
  8. Cybersecurity2
  9. Edtech1
  10. AI1
By stage enteredCount
  1. Series B+15
  2. Series A13
  3. Seed1
01 · Portfolio market map

Northzone's 32 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
32 of 32 Power Law outcomes
02 · Founder talent

Where Northzone's founders come from — and where they study.

91 founders across the 32 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Technical University Munich and Microsoft are the deepest single pipelines.

LocationCount
Germany46
Spain7
Russia4
Sweden3
Argentina3
South Korea2
United Kingdom1
Pakistan1
India1
View on app →
UniversityCount
Technical University Munich7
Ludwig Maximilian University of Munich6
WHU Otto Beisheim School of Management5
Harvard University4
Stockholm School of Economics3
Berkeley3
Temple University3
National Research Nuclear University MEPhI (Moscow Engineering Physics Institute)2
HKUST MBA2
Aarhus University2
+40 more →
Origin companyCount
Microsoft4
Stability AI4
Home243
Alphabet | Google3
Klarna3
OLX2
Zalando2
Next Insurance2
Footway2
Spotify2
+24 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.
03 · Key people

Key people at Northzone.

Senior investment team at Northzone has not been published on this profile yet.
Suggest the partner roster →
04 · Compare with peers

How does Northzone stack up?

Northzone in orange, your selection in blue and other colours. Pick from the global roster of 34 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns

Stage focus

Companies by entry stage and outcome tier

Sector focus

Companies per investor across the 10 highest-volume sectors
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.

Sentiment on X

What X is saying about Northzone

An AI-synthesized read of the highest-engagement posts about Northzone on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

In the news

Latest news about Northzone

Recent press, funding announcements, and portfolio moves mentioning Northzone — pulled live from Dealroom's news feed.

See all news

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