Northzone
London, UK · Invests in Europe; UK · Website
Check size
🔒 $•• – $••Thesis
Category-defining entrepreneurs building fundamental shifts that upend entire industries. Focus on disruptive business models in energy transition, healthcare, AI, and consumer. Thesis values human relationships and founder-centric partnerships over financial metrics alone.
Likely not a fit for
Not interested in pure hardware plays, early-stage biotech, purely consumer-centric companies, or niche market features. Avoids investments without category-defining potential.
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~2 weeks
- Warm intro
- Preferred
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Decision process
- Partnership vote
Partners & team
4 contacts on file
Portfolio
Spotify is a leading global audio streaming service with millions of users and subscribers. It offers access to millions of songs and podcasts.
iZettle, now known as Zettle, offers a customizable point-of-sale system for easy selling across various customer touchpoints. It provides secure payment solutions and flexible hardware for business growth.
Avito is a platform for buying and selling various goods and services, emphasizing security features like profile verification and two-factor authentication. It also connects businesses with potential clients and suppliers.
Spring Health offers data-driven mental health solutions, providing personalized care through a comprehensive network of providers. It aims to eliminate barriers to mental healthcare and improve outcomes.
Tandem Health is a Swedish company specializing in AI-driven solutions to reduce administrative burdens in healthcare, known for its ISO 13485 certification and CE marking as a medical device.
Flower.com offers nationwide same-day flower delivery. It provides various flower baskets and gifts.
Jasper.ai is an AI content automation platform for marketers, offering tools to create, automate, and scale content efficiently. It provides customizable AI solutions and resources for marketing teams.
Hopin is now RingCentral Events, providing features for hosting virtual, onsite, and hybrid events with custom branding and engagement tools.
Homa Games is a global mobile game developer and publisher that focuses on data-driven tools and human expertise for game creators. It operates a large mobile gaming engine and community.
Brickanta is an AI-driven platform for construction, aiming to improve pre-construction workflows and reduce errors. It highlights changes, risks, and opportunities, cutting corrections by up to 70%.
Sourcepoint is a data privacy platform offering consent management solutions to help businesses comply with privacy regulations.
Recent activity
- May 2026
Blitzy
Growth · Lead
- Apr 2026
spektr
Series A · Participated
- Apr 2026
OpenFX
Series A · Co-Lead
- Apr 2026
Sona
Series B · Participated
- Mar 2026
XBOW
Series C · Co-Lead
- Jun 2025
Tandem Health
Series A · Co-Lead
- Dec 2024
Brickanta
Seed · Lead
- Oct 2024
Flower
Series A · Lead
Northzone in the news
Fortune
AI productivity tools are overhyped and overfunded. Investors should look elsewhere
17 days ago
Tech Funding News
Ex-Nvidia architect’s AI coding startup Blitzy raises $200M led by Northzone at $1.4B valuation
4 months ago
Axios
Epic Charging's deal, Iceye eyes $5B valuation, and Blitzy nabs $200M
4 months ago
Fortune
Europe has the talent and funding to win at AI. First, it needs to break free from the Magnificent Seven
4 months ago
XBOW
XBOW Raises $120M to Scale AI Pentesting
5 months ago
Investment Monitor
EU shortlists companies in Sweden and UK for $5.8bn Scaleup Europe fund
6 months ago
Bloomberg.com
EU Shortlists Swedish, UK Firms to Manage €5 Billion Tech Fund
6 months ago
Sifted
Northzone and Lovable CEO back Swedish AI startup Brickanta with $8m
7 months ago
Tech.eu
Iconic raises $13M seed to build AI-native, voice-driven games on device
8 months ago
Reuters
AI boom fuels fresh wave of legal tech investments
9 months ago
Sifted
Northzone-backed vibe coding startup Riff raises $16m Series A: ‘Our retention rate is really good’
10 months ago
FinTech Global
Murphy raises $15m to disrupt debt servicing with AI
Jul 2025
Reuters
Venture capital is 'eating its own AI dog food', says Northzone's Molly Alter
Mar 2025
Crunchbase News
What Should Startups Look For From VCs After Investment?
Jan 2025
AlleyWatch
The AlleyWatch Startup Daily Funding Report: 4/16/2024
Apr 2024
Forbes
While U.S. VCs Accept Billions From Saudi Arabia, It's Only Publicly Backed One European Firm
Oct 2023
Lightspeed Venture Partners
Paul Murphy
Jul 2023
TechCrunch
Molly Alter leaving Index Ventures for Northzone
Jul 2023
UKTN
Northzone leads £1.5m investment in payments startup Statement
Jun 2023
Business Insider
Northzone: European VC Fund Brings in New Growth Equity Partner
Jan 2023
Private Equity International | PEI
Northzone raises €1bn
Sep 2022
NFTgators
UK Venture Firm Northzone Launches €1B Fund to Invest in Fintech and Web3 Startups
Sep 2022
TechCrunch
VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund
Sep 2022
venturecapitaljournal.com
As Europe heats up, Northzone raises record €1bn for 10th fund
Sep 2022
Crunchbase News
Northzone Closes On Fund 10, Its Largest At $1B
Sep 2022
The Block
UK venture firm Northzone eyes web3 startups with new €1 billion fund
Sep 2022
Business Insider
Early Spotify-Backer Northzone Raises Fresh $1 Billion Fund
Sep 2022
New Private Markets
In brief: Venture firm Northzone adds sustainability head
Sep 2022
Finovate
Qapital Raises $1.3 Million in Seed Round Led by Northzone
Dec 2014
Similar firms
Early stage venture fund investing in audacious founders building mission-critical capabilities across AI, SaaS, Fintech, Enterprise, Health, and Web3/Crypto.
Seed-stage, operator-first firm offering deeply embedded weekly working sessions and hands-on hiring, pricing and go-to-market support, backing non-central casting B2B founders using data/AI in fintech, vertical SaaS, healthcare.
Research briefRead more
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