About Conor
Conor is a venture capital firm founded in 2005. It is primarily based out of Espoo, Finland. As of Nov 2024, Conor has invested in 21 companies. It primarily invests in Series A round in Finland based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series E round of TactoTek Overall, Conor portfolio has seen 1 unicorn, 1 IPO and 13 acquisitions including key companies like Neo4j, Tobii and Zervant. A lot of funds co-invest with Conor, with names like Northzone sharing a substantial percentage of its portfolio. Conor has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Series A, Seed & 2 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Conor's List of Top Investments
Conor has a portfolio of 21 companies, one of which is a Unicorn. Their most notable investments are in Neo4j and Neo4j.Their portfolio spans across Finland, Sweden, United States and 3 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 15 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Conor:1. Neo4j
Provider of graph database management system and graph analytics platform. It offers graph database as a service and self-managed graph database deployment. The company provides graph analytics as a service and self-managed graph algorithms with machine learning modeling. It also offers tools for graph visualization, exploration, and database instance management.
Key facts about Neo4j
- Founded Year: 2007
- Location: San Mateo (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $581M
- Employee Count: 1,054 as on Jul 31, 2026
- Investors: Creandum, Dawn Capital and 23 Others
- Latest Funding Round: Series F, Oct 2021, $*****
- Highlight: Editors' Pick
2. TactoTek
Key facts about TactoTek
- Founded Year: 2011
- Location: Oulunsalo (Finland)
- Annual Revenue: $1M - $10M as on Dec 31, 2023
- Stage: Series E
- Total Funding till date: $129M
- Employee Count: 83 as on Jul 31, 2026
- Investors: European Investment Bank, Ascend Capital Partners and 28 Others
- Latest Funding Round: Series E, Jan 09, 2025, $*****
- Highlight: Editors' Pick
3. Tobii
Provider of eye-tracking software and hardware. The technology enables one to detect eye orientation, and thus the object of the gaze. Using innovations in technology, the company's mission is to bring eye tracking into broader use in applications such as eye control interfaces for computers, design testing, and medical diagnostics.
Key facts about Tobii
4. Zervant
Zervant provides invoice management software for businesses. Its features include recurring invoice management, payment tracking, quotation management, invoice delivery note management, payment reminder, time tracking, and more. It is available for multiple subscription plans depending on the number of invoices and customers. It also provides an app-based platform for Android devices.
Key facts about Zervant
Blackwood Seven platform is a self-service platform where advertisers and agencies can plan and implement media campaigns across both offline and online media. The platform also includes an intelligent data-driven media planning system that provides advertisers and agencies with media recommendations and an execution engine to book and implement their campaigns directly from the platform. eBay, Telenor, Unibet, Volkswagen, and Verivox are some of its clients. Acquired Booming in June 2015.
Key facts about Blackwood Seven
- Founded Year: 2013
- Location: Copenhagen (Denmark)
- Annual Revenue: $1M - $10M as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $57.8M
- Employee Count: 36 as on Jul 31, 2026
- Investors: Kreos Capital, Cipio Partners and 8 Others
- Latest Funding Round: Series C, May 24, 2018, $*****
- Highlight: Acquired
Conor's Investments by Stage
Conor has made 9 investments in Series A stage with an average round size of $5.7M, 8 investments in Seed stage with an average round size of $2.01M, 2 investments in Series B stage with an average round size of $9M and 2 investments in Unattributed stage with an average round size of $1.26M.Stage of entry | No. of Investments |
|---|---|
Series A | 9 |
Seed | 8 |
Series B | 2 |
Unattributed | 2 |
Note: We have considered here, only first round of investments
Conor's Investments by Sector
Conor has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Semiconductors and Enterprise Infrastructure. Notably, it has invested in 19 Enterprise (B2B) companies, 18 Tech companies, 16 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
High Tech | 7 |
Consumer | 6 |
Semiconductors | 4 |
Enterprise Infrastructure | 2 |
Others | 22 |
Note: We have considered here, only first round of investments
Conor's Investments by Geography
Conor has made most investments in Finland (11), followed by Sweden where it has made 5 investments.Country | No. of Investments |
|---|---|
Finland | 11 |
Sweden | 5 |
United States | 3 |
United Kingdom | 2 |
Austria | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Conor's recent investments
Conor has not made any investment in 2026 so far.Here are the most recent investments by Conor:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 19, 2024 | Finland | Series E | 2156 | [+8] | |
Sep 21, 2021 | Finland | Venture Debt | 9725 | ||
Dec 2019 | Finland | Series B | 4693 | [+8] | |
Jun 13, 2019 | Finland | Series A | 3917 | [+2] | |
Jul 11, 2018 | Finland | Series B | 2675 | [+5] |
Unicorns in Conor's Portfolio
Conor has 1 unicorn in its portfolio - Neo4j. The most recent unicorn in their portfolio is Neo4j which became a unicorn in 2021, 11 years after Conor first invested in it.Here is a list of unicorns in Conor's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of graph database management system and graph analytics platform | 2007 | San Mateo | Series F | ibtjxvw |
IPOs and Publicly Listed companies in Conor's Portfolio
1 of Conor's portfolio company became public - Tobii. It got listed on the Nordic and Baltic regions (NASDAQ OMX), in Apr 2015 at marketcap of $30.4MHere are Conor's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 24, 2015 | Apr 11, 2013 | Series B | 9194 |
Acquired companies in Conor's Portfolio
13 companies from Conor's portfolio have been acquired. The most recent acquisition was Supponor in Aug 2024 by TGI Sport for $*****.Here are Conor's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 22, 2024 | Aug 28, 2008 | Series A | 6601 | |
Oct 26, 2022 | Jun 11, 2012 | Unattributed | 7867 | |
May 03, 2022 | May 10, 2011 | Seed | 1359 | |
Apr 25, 2022 | May 12, 2015 | Series A | 8746 | |
Sep 02, 2021 | Mar 04, 2015 | Seed | 2086 |
Team profile of Conor
Conor has a team of 2 members including 2 Partners located in Finland. Conor's team does not sit on the board of any company as of now.Co-investors of Conor
Over the past 20 years, 95 investors have co-invested in Conor's portfolio companies. This includes funds and angels.
- Invested before Conor: Businessfinland, Intel Capital and 16 others have invested in rounds before Conor. There are 2 companies where Businessfinland has invested before Conor and 1 company where Intel Capital has invested before Conor.
- Top Co-investors of Conor: 12 investors entered a company along with Conor. These include investors like Northzone (3 companies).
- Invested after Conor: A total of 65 investors have invested in Conor's portfolio after their investments. Top Investors include Europa (5 companies), Tesi (4 companies) and Creandum (2 companies).
Recent News related to Conor
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TactoTek Secures $60 Million in Funding Led by Virala GroupCision•Nov 19, 2024•TactoTek, Nidoco, Cornes Technologies, Elo and 8 others
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Verto Analytics Raises $16M in Third FundingFinSMEs•Jan 21, 2020•Verto Analytics, Conor, OpenOcean, Finnish Industry Investment and 3 others
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Blackwood Seven raises €17 million to support expansion of AI powered software platformAngel News•Jun 05, 2018•Blackwood Seven, Jolt Capital, Vaekstfonden, Sunstone and 2 others
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TactoTek secures EUR 18.5 million fundingGoodNewsfromFinland•Feb 15, 2018•TactoTek, Nanogate, Plastic Omnium, Conor and 6 others
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Zervant raises €6M for its invoicing software for small businessesretailnewsboard.com•Feb 12, 2018•Zervant, Northzone, NFT Ventures, Conor and 3 others
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BehavioSec Raises $17.5 Million in Series B Funding RoundFindBiometrics•Jan 29, 2018•BehavioSec, Cisco Investments, Abn Amro, Octopus Ventures and 2 others
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