About Retailers sector in Norway
The Retailers sector in Norway comprises 145 companies, including 11 funded companies. Out of these, 15 are Series A+ funded.
Retailers sector in Norway has seen 14 acquisitions and 1 IPO. This represents almost 10.3% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
Top Retailers Companies in Norway
There are 145 Retailers startups in Norway which include NutraQ, PLATO, Elektroimportren, Gullfunn, Allianceoptikk. Out of these, 11 startups are funded, with 15 having secured Series A+ funding.
Notably, several of these startups have been founded by alumni of INSEAD and Wharton School.
Here is the list of top Retailers startups in Norway

1. NutraQ
Key facts about NutraQ
- Founded Year: 2002
- Location: Norway
- Stage: Acquired
- Tracxn Score: 35/100 What is this?

2. PLATO
Key facts about PLATO
- Founded Year: 1987
- Location: Sykkylven (Norway)
- Stage: Acquired
- Tracxn Score: 33/100 What is this?
Elektroimportren is a distributor of electrical products. Product catalogue includes switches, sockets, fuse boxes, LED lights, ventilation products, cables & accessories and others. The company is based in Oslo, Norway.
Key facts about Elektroimportren
- Founded Year: 1994
- Location: Oslo (Norway)
- Stage: Acquired
- Investors: Driv Kapital
- Tracxn Score: 30/100 What is this?
4. Gullfunn
Key facts about Gullfunn
- Founded Year: 1969
- Location: Lysaker (Norway)
- Stage: Funding Raised
- Investors: Jotunfjell Partners
- Tracxn Score: 29/100 What is this?
Provider of eye care services and eyewear products. This includes comprehensive eye examinations, the fitting and dispensing of eyeglasses and contact lenses, and related optical services. They offer a variety of lens options and frame styles to suit individual needs and preferences. A lens subscription service and eye insurance are also available. The company operates a network of physical stores and an online retail platform for convenient access to products and services.
Key facts about Allianceoptikk
- Location: Norway
- Stage: Unfunded
- Tracxn Score: 29/100 What is this?
Companies founded year-on-year in the Retailers sector in Norway
3 Retailers startups in Norway were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | 3 |
2020 | - |
2019 | - |
2018 | 2 |
2017 | 2 |
Stage-wise distribution of Retailers sector companies in Norway
Out of the total 145 Retailers companies in Norway, 11 have secured funding. Among them, 15 have reached Series A or higher, and 15 to Series B or beyond.
Founded - 145
Funded - 11
Series A+ - 15
Series B+ - 15
Series C+ - 15
Company Stage | No. of companies |
|---|---|
Founded | 145 |
Funded | 11 |
Series A+ | 15 |
Series B+ | 15 |
Series C+ | 15 |
Top Investors in Retailers in Norway
Jotunfjell Partners is the top investor in Retailers companies in Norway based on number of companies invested.
Here are some top investors in Retailers companies in Norway:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Oslo (Norway) | ||
Oslo (Norway) | ||
Stockholm (Sweden) | - | |
Oslo (Norway) | ||
Oslo (Norway) |
M&A activity in Retailers sector in Norway
In the year 2024, till March 2024, 1 acquisition happened in Retailers sector in Norway. Last year, in 2023, a total of 2 acquisitions happened in Retailers sector in Norway.
Here are some recent, important acquisitions in Retailers sector in Norway:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 11, 2024 | ||
Business Acquisition | Jun 16, 2023 | ||
Business Acquisition | Jun 16, 2023 | ||
Business Acquisition | Oct 06, 2022 | ||
Business Acquisition | Sep 08, 2022 |
Acquisition trends in Retailers sector in Norway
Here are the acquisition trends in Retailers sector in Norway:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | 2 |
2022 | 2 |
2021 | 2 |
2020 | 1 |
2019 | - |
2018 | - |
2017 | 2 |
Colleges which produce the most Retailers companies in Norway
Companies founded by alumni from top colleges in the Retailers in Norway
Most number of Retailers startups in Norway have been founded by alumni from INSEAD and Wharton School.
College | No. of companies |
|---|---|
INSEAD | 1 |
Wharton School | 1 |
