This is Nordtech Group

We help Nordic software companies achieve their full potential while becoming part of a group to share experiences within.


We started Nordtech in 2020 after a long history of working as entrepreneurs and investors within software businesses. During this time, we saw the benefit for businesses to have access to additional individuals with relevant experiences and a network, meaning that founders aren’t left alone and holding all the risk. Here we believe that the right owner offers larger financial freedom and the ability to act as a sounding board and advisor for the next step of the journey.

As entrepreneurs ourselves we appreciate the importance of having owners who knows when to support you with knowledge and resources – and when to leave you alone. That is our driving force – to be the owners we would have wanted ourselves. That, together with building the greatest Group of strong software businesses in the Nordics.

Being the founder of a profitable software company, you’ve already achieved something that most people never would. However, we also know that the next step isn’t always straightforward. At this juncture, we have observed that the challenges for businesses of a certain size often involve the same areas:

  • Product strategy and pricing
  • Technical debt and strategy
  • Building a Sales & Marketing division
  • Finding the right talent

By acquiring and building a Group of successful software businesses, we are able to offer you as a founder the freedom to continue running your business while at the same time providing you with the benefits from being part of a Group with other businesses facing similar challenges. You make the decisions – but the Group is always available for sharing of experiences and community.

If you share our passion for happy customers, building great businesses and having fun along the way – welcome to Nordtech!

A selection of our investors

Nicklas Storåkers

CEO Pricerunner and former CEO Avanza Bank

Åsa Riisberg

Investor and former Partner EQT

Peter Dahlberg

Investor and former CEO Anicura

Österbahr Ventures
Österbahr Ventures

Founder Evolution Gaming

Kim Kallstrom
Kim Källström

former Professional Football player

Karl-Johan Persson

Chairman at H&M

Mikael Schiller
Mikael Schiller

Founder Acne Studios

Martin Randel
Martin Randel

Founder Unifaun and Vitamin Well


Investment firm

Our team

Pål is one of the founders to Nordtech and has more than 20 years of experience from private investments and as a corporate finance advisor, having been involved in businesses such as Gymgrossisten, Intellecta and Measure Connect Display. Pål has a M.Sc. in Business and Economics from Stockholm School of Economics.

Nils is one of the founders to Nordtech and has over 15 years of experience from running software businesses. As a CEO and board member, Nils has been involved in SaaS-businesses such as Reachmee, CatalystOne and Worldfavor. Nils has a M.Sc. in Business and Economics from Stockholm Business School.

Per is an Investment Manager at Nordtech with previous experience from McKinsey & Company. Per has a M.Sc. in Accounting and Financial Management from Stockholm School of Economics.

David Frykman styrelseordförande i Nordtech Group

David Frykman

David is the Chairman of Nordtech and has previous experience as both founder and CEO of multiple businesses. David is a General Partner at Norrsken VC and has a M.Sc. in Business and Economics from Stockholm School of Economics.

Connect with us on LinkedIn

Follow us on LinkedIn for updates on our businesses and new acquisitions

Contact us

+46 768 026 010

Norrlandsgatan 10
c/o Cecil Coworking
111 43 Stockholm