When was Northern.tech founded?

Northern.tech was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Northern.tech located?

Northern.tech is headquartered in Oslo, Norway. It is registered at Gaustadalléen 21 0349 OSLO.

Who is the current CEO of Northern.tech?

Thomas Ryd of Northern.tech. They have also founded 1 company.

How many employees does Northern.tech have?

As of Aug 31, 2026, the latest employee count at Northern.tech is 50.

Is Northern.tech a funded company?

Northern.tech is a funded company, having raised a total of $2.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 04, 2017.

When was the latest funding round of Northern.tech?

Northern.tech's latest funding was a $***** Grant (prize money) round on Aug 31, 2020, with participation from 1 investor.

What is the annual revenue of Northern.tech?

Annual revenue of Northern.tech is between $1M and $10M as on Dec 31, 2022

Where does Northern.tech rank among its competitors?

Northern.tech ranks 17th amongst 753 active competitors, of which 83 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Swarm Engineering, which secured $10M in Jun, 2026.

Who are the top competitors of Northern.tech?

Northern.tech's top competitors include Swarm Engineering, Afero and SEALSQ. Among them, Swarm Engineering secured the most recent funding round in June, 2026.

Northern.tech - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of software for managing connected device lifecycles and security. Products include tools for server configuration management, over-the-air software updates for embedded systems, and remote access solutions for troubleshooting fleets of connected hardware. These technologies facilitate the deployment, maintenance, and security of systems throughout their operational lifespan. The software supports automated configuration, compliance monitoring, and secure remote connectivity for various industrial and embedded applications.

Website: northern.tech
Social
Email ID: *****@Northern.tech
Registered Address: Gaustadalléen 21 0349 OSLO

Key Metrics

Founded Year

2017

Location

Oslo, Norway

Stage

Seed

Total Funding

$2.5M in 3 rounds

Latest Funding Round

Grant (prize money), Aug 31, 2020, $*****

Investors

Alliance Venture & 4 more

Ranked

17^th among 753 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2022

Employee Count

50 as on Aug 31, 2026

Similar Companies

Swarm Engineering & 843 more

View Northern.tech's full profile

Northern.tech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Northern.tech AS CIN: 892847282 , United States, Active	Jun 29, 2008	$1M - $10M (As on Dec 31, 2022)	15 (As on Dec 31, 2021)	-

Northern.tech has raised a total funding of $2.5M over 3 rounds. Its first funding round was on Dec 04, 2017. Its latest funding round was a Grant (prize money) round on Aug 31, 2020 for $*****. 1 investor participated in its latest round. Northern.tech has 5 institutional investors.

Here is the list of recent funding rounds of Northern.tech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2020	2432492	Grant (prize money)	1587790	8736572	9540747	4635751
Sep 01, 2018	3539299	Grant (prize money)	1014591	9661149	3257951	Europa
Dec 04, 2017	5936145	Seed	1777210	3623136	6870737	Investinor & 1 more

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View details of Northern.tech's funding rounds and investors

The founders of Northern.tech are Thomas Ryd, Eystein Maloy Stenberg and Nick Anderson. Thomas Ryd is the CEO of Northern.tech.

Here are the details of Northern.tech's key team members:

Thomas Ryd: Co-Founder & CEO of Northern.tech.
Contact Info: 2 email addresses
Eystein Maloy Stenberg: Co-Founder & CTO of Northern.tech.
Nick Anderson: Co-Founder of Northern.tech.
Contact Info: 1 email address

View details of Northern.tech's Founder profiles and Board Members

Northern.tech's employee count trend

Northern.tech has 50 employees as of Aug 26. Here is Northern.tech's employee count trend over the years:

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Top competitors of Northern.tech include Swarm Engineering, Afero and SEALSQ. Here is the list of Top 10 competitors of Northern.tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Swarm Engineering 2016, San Juan Capistrano (United States), Series A	Developer of an AI platform for operational decision-making and automation	$28.3M	S2G Investments, TERRA & 15 others	62/100
2nd	Afero 2014, Los Altos (United States), Series C	Provider of a cloud-based end-to-end IoT platform	$73.2M	Samsung Catalyst Fund, Crosspoint Capital Partners ... & 13 others	62/100
3rd	SEALSQ 2022, Cointrin (Switzerland), Public	Manufacturer of semiconductor chips, embedded firmware, and other products	-	-	62/100
4th	Salto 2019, Tel Aviv (Israel), Series B	Provider of application configuration management solution	$70M	Salesforce Ventures, Lightspeed Venture Partners ... & 3 others	61/100
5th	AtomBeam 2017, Moraga (United States), Series A	A data management and security company specializing in edge computing	$35M	Starburst, RABID INVESTMENTS	60/100
6th	Karamba Security 2016, Hod Hasharon (Israel), Series B	Platform offering cybersecurity solutions for vehicles	$27M	Fontinalis Partners, YL Ventures & 13 others	59/100
7th	Phosphorus 2016, Carlsbad (United States), Acquired	Provider of IoT devices security systems	$65M	MassMutual Ventures, Evolution Equity Partners ... & 5 others	58/100
8th	ScaleOps 2022, New York City (United States), Series C	Provider of automated Kubernetes resource optimization platform for cloud infrastructure	$210M	Lightspeed Venture Partners, NFX & 3 others	58/100
9th	Secure-IC 2010, Cesson Sevigne (France), Acquired	Provider of cybersecurity solutions for embedded systems and connected objects	$22.7M	Alliance Entreprendre, BNP Paribas Developpement ... & 2 others	58/100
10th	Resolve 2014, Campbell (United States), Series B	Developer of an agentic automation and orchestration platform for IT	$15.6M	Venture Catalysts, Solis Capital Partners ... & 2 others	57/100
17th	Northern.tech 2017, Oslo (Norway), Seed	Developer of software for managing connected device lifecycles and security	$2.5M	Alliance Venture, EIC Fund & 3 others	54/100