When was Iceland Venture Studio founded?

Iceland Venture Studio was founded in 2019.

Where is Iceland Venture Studio's headquarters located?

Iceland Venture Studio's headquarters is located in Reykjavik (Iceland).

How many companies has Iceland Venture Studio invested in?

Iceland Venture Studio has invested in 9 companies, including Expertrons & FLOWVR.

Which companies has Iceland Venture Studio invested in lately?

Expertrons & Soptle are the latest investments by Iceland Venture Studio.

Iceland Venture Studio - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Iceland Venture Studio's investment team?

Iceland Venture Studio has a team of 3.

1. Expertrons

Provider of upskilling programs and career acceleration for various domains. The company offers post-graduate certifications, self-paced courses, and placement assistance. Programs cover banking, finance, management, accounting, sales, HR, operations, marketing, and more. Career development offerings include resume building, interview preparation, and corporate readiness certifications.

Key facts about Expertrons

Founded Year: 2019
Location: Mumbai (India)
Annual Revenue: ₹5.03Cr as on Mar 31, 2025
Valuation: $*****
Stage: Seed
Total Funding till date: $6.27M
Employee Count: 5 as on Aug 31, 2025
Investors: Lead Angels, BlackSoil and 125 Others
Latest Funding Round: Seed, Aug 07, 2023, $*****
Highlight: Editors' Pick

2. FLOWVR

Developer of a virtual reality application that allows users to meditate. The application comprises of experiences that last for up to four minutes and features six modes namely breath, focus, movement, letting go, calm, and restore. It is compatible with VR systems like Oculus and Samsung.

Key facts about FLOWVR

Founded Year: 2016
Location: Reykjavik (Iceland)
Stage: Seed
Total Funding till date: $23K
Employee Count: 14 as on Jul 01, 2024
Investors: New Business Venture Fund, Katapult and 4 Others
Latest Funding Round: Seed, Jan 03, 2019, $*****

3. RetinaRisk

RetinaRisk is a decision support system for the management and follow-up of patients with diabetes or diabetic retinopathy offered by Risk Medical Solutions (RMS). It allows doctors to educate patients demonstrating how the improvement of modifiable risk factors like blood glucose, HbA1c, and blood pressure, etc. may significantly lower the risk of diabetic eye diseases. The platform also provides health risk assessment solutions for patients.

Key facts about RetinaRisk

Founded Year: 2013
Location: Reykjavik (Iceland)
Stage: Seed
Total Funding till date: $1.8M
Employee Count: 9 as on Jul 01, 2024
Investors: Iceland Venture Studio
Latest Funding Round: Seed, Jan 01, 2021, $*****
Highlight: Editors' Pick

4. Atlas Primer

Online platform providing multi-disciplinary learning courses. The platform offers a digital learning assistant to courses. The platform enables students to converse and practice on different subjects without human involvement. The platform also offers lectures, quizzes, games, FAQs, and more. Additionally, the platform also enables creating and sharing courses.

Key facts about Atlas Primer

Founded Year: 2019
Location: Kopavogur (Iceland)
Stage: Seed
Total Funding till date: $150K
Employee Count: 5 as on Jul 01, 2024
Investors: Entrepreneurs Roundtable Accelerator and Iceland Venture Studio
Latest Funding Round: Seed, Jan 09, 2023, $*****

5. indó

Digital bank for individuals. Its services include current accounts, prepaid cards for online/offline purchases, bill payments, money transfers, cash withdrawals, and more. It also provides a dashboard for income and expenditure management.

Key facts about indó

Founded Year: 2018
Location: Reykjavik (Iceland)
Stage: Seed
Total Funding till date: $5.61M
Employee Count: 8 as on Jul 01, 2024
Investors: Vidici Ventures, InfoCapital and 1 Other
Latest Funding Round: Seed, Feb 17, 2022, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Iceland Venture Studio has invested in 9 companies over the last 7 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Soptle and most recent follow-on round was in Expertrons.

Here are Iceland Venture Studio's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	0	0
2023	1	1	2
2022	0	0	0
2021	0	1	1
2020	1	1	2
2019	2	0	2

View all investments by Iceland Venture Studio

Iceland Venture Studio has made 4 investments in Seed stage with an average round size of $864K.

View all investments by Iceland Venture Studio

Iceland Venture Studio has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, EdTech and Financial Services. Notably, it has invested in 8 Tech companies, 6 Enterprise (B2B) companies, 6 Software companies and at least 4 companies focusing on Consumer (B2C).

Here are Iceland Venture Studio's investments by sector:

Sector	No. of Investments
Enterprise Applications	2
FinTech	2
Consumer	1
EdTech	1
Financial Services	1
Others	1

Note: We have considered here, only first round of investments

View all investments by Iceland Venture Studio

Iceland Venture Studio has made most investments in Iceland (2), followed by India where it has made 2 investments.

Here are Iceland Venture Studio's investments by geography:

Country	No. of Investments
Iceland	2
India	2

Note: We have considered here, only first round of investments

View all investments by Iceland Venture Studio

Iceland Venture Studio has not made any investment in 2026 so far.

Here are the most recent investments by Iceland Venture Studio:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 07, 2023	Expertrons	India	Seed	1403	Hindustan Media Ventures [+4]
Apr 26, 2023	Soptle	India	Seed	4747	Kube VC [+12]
Mar 12, 2021	Expertrons	India	Seed	9234	Venture Catalysts [+72]
May 28, 2020	Expertrons	India	Seed	2977	IvyCap Ventures Advisors [+2]
Mar 29, 2020	indó	Iceland	Seed	7485	-

See more recent investments made by Iceland Venture Studio

Iceland Venture Studio has a team of 3 members located in Iceland. Iceland Venture Studio's team does not sit on the board of any company as of now.

View team details of Iceland Venture Studio

Over the past 7 years, 139 investors have co-invested in Iceland Venture Studio's portfolio companies. This includes funds and angels.

Invested before Iceland Venture Studio: Katapult, SOON and 11 others have invested in rounds before Iceland Venture Studio. There is 1 company where Katapult has invested before Iceland Venture Studio and 1 company where SOON has invested before Iceland Venture Studio.
Top Co-investors of Iceland Venture Studio: 21 investors entered a company along with Iceland Venture Studio. These include investors like LetsVenture (1 company).
Invested after Iceland Venture Studio: A total of 105 investors have invested in Iceland Venture Studio's portfolio after their investments. Top Investors include Venture Catalysts (1 company) and Auxano Capital (1 company).