Philosophy

Agile

While our companies are all about scale, our own operation is more of a boutique. Consciously focused on helping our companies, we are a small partnership and avoid raising large funds. With an average of one deal per year per partner, we believe we’re positioned to be entrepreneurs’ closest partners.

  • 5
    Investing Partners
  • 15
    Unicorns
  • 87
    Companies
  • 29
    Exits

Global Category Leaders

Truly great companies define and lead global categories. To help companies achieve this goal, we work closely with entrepreneurs to define their category and to expand globally. We have operated and invested across the globe for over 25 years, and have built relevant experience and support systems for companies looking to conquer the world.

Vast

From the first meeting with Renen, when he had only a few slides, we were impressed by his vision and plan to innovate and change the 30 years old storage industry. We have been close partners ever since. Vastdata raised its last round in 2021 at over $3B valuation.

iZettle

iZettle was founded by Magnus and Jacob in 2010. We invested early in the company’s trajectory to revolutionize mobile payments with the world’s first mini chip card reader and software for mobile devices. iZettle was bought by Paypal in 2018 for $2.2B.

Wolt

After months of analysis of food delivery in small-mid sized cities, we met Miki and his team at Wolt. They had built unique technology and a company culture, that ensured delivery economics could work in smaller and less competitive cities. in 2021 Wolt completed a $530M growth round.

Payoneer (NASDAQ: PAYO)

The Payoneer payment platform is trusted by millions of customers worldwide and chosen by leading marketplaces. 83North were the first institutional investor in the company and a close partner to its management team from 2007 when it raised its seed round.

Ebury

Ebury is one of the market leaders providing financial solutions to SMEs to simplify international trade. We led the Series A when there were offices in 2 cities. Ebury now operates in 20 countries and Santander acquired 50% of the business at approx 1B$ valuation in 2020, to help further accelerate its growth.

Mirakl

Philippe and Adrien founded Mirakl, with the ambition to enable the marketplace revolution that will transform the traditional e-commerce landscape. We invested early in the journey in 2015. Mirakl raised $555m at $3.5B valuation in 2021.

We build long-term relationships

Our founders remain our friends, advisors, and investors throughout the years — and many were friends, advisors, and investors before our work together. This makes our enterprise feel like a family, and creates a flywheel across our portfolio of success, advice, mentorship, and trust.

Juan Lobato

Co-CEO of Ebury and Venture Partner at 83North

We have known Juan since the early days of Ebury, where he is co-founder and co-CEO. Ebury is one of Europe fastest growing fintechs with revenues in excess of $100M. Ebury is now 50% owned by Santander (sold for approx. $1B valuation). Prior to Ebury Juan was CEO of Beam.ty (a digital distribution network sold to Carlyle private equity). Juan was also a consultant with Mckinsey & Co. in London. Juan is an angel investor in over a dozen tech companies across UK, Europe and the US. He is also a venture partner with 83North, specifically helping & co-investing in fintech related companies

Carsten Thoma

Founder of Hybris

We have known Carsten since 2007. He built Hybris from a start-up to a leading ecommerce s/w platform vendor, when it got acquired by SAP for over 1.5B$ (just before going public). Carsten then led SAP Hybris, SAP CRM & Commerce businesses. He has co-invested with us in many companies and sits on several boards. He splits his time between NYC and Switzerland and is considered a world expert in enterprise SW.

Nati Davidi and Uri Alter

Co-Founders of Vdoo

We know Uri and Nati since 2011. They founded Cyvera and grew the company all the way to its acquisition by Palo Alto Networks. Uri and Nati chose to work with us again when they founded VDOO which was successfully acquired by Jfrog in 2021. They are part of 83North’s extended family. This partnership goes far beyond financial investments. Uri and Nati help us assess new opportunities, invest with us and formed personal friendships with us.

David Buttress

Former CEO of Just Eat and Venture Partner at 83North

David was the CEO of JustEat, where 83North was an early investor. Through operational excellence and a series of global acquisitions, he consolidated its market leadership and took it public into what is now a 7B$ market cap leader in food delivery. After leaving Just Eat David joined 83North as a Venture Partner.

Mans Hultman

Partner at Zobito

We met Måns in 2003 when he was CEO of Qliktech. He was CEO 2000–2007, and Chairman between 2004–2009, the years that defined QlikTech’s strategy and momentum, leading to a very successful IPO in 2010. During Måns´ tenure as CEO, QlikTech’s sales grew from $2M to $153M. Later Måns co-invested with us and sat on the Board of Hybris. Today Måns is a partner at Zobito, investing in and advising tech companies.

Dov Moran

Managing Partner, Grove Ventures

Dov is one of Israel’s most famous entrepreneurs. He invented the USB drive and sold his company Msystems for 1.6B$ in 2006. Our relationship with him started in 2001 during that ride. Dov is now the managing partner of Grove, an early stage VC firm, and we invest and look at deals together. We also meet for coffee at the same cafe for many years where we tell each other the same jokes for almost 20 years.

Boaz Palgi

Serial Entrepreneur

We have known Boaz for over 20 years, from his first senior position in the storage industry. In 2011 we teamed up with Boaz as his core investors at ScaleIO and served on the board of the company until it was acquired by EMC in 2014.
We recently teamed up again as core investors in his new company.

Entrepreneurs First

We don’t tell entrepreneurs how to run their businesses. We believe that entrepreneurs are the ones changing the world, and should take center-stage as they define the future, while we give behind-the-scenes support — advice, connections, experience, and capital — across their journey, from seed to IPO.

"As a sophisticated European founder working with 83North is like wearing a beautiful non show-off watch: it is proven, reliable, guides you through good and bad times and you don't get any of the bullshit that you get from VCs who think they are the stars"

Adrien Nussenbaum, CEO & Co-Founder, Mirakl

“83North was intrigued and excited about our vision to revolutionize payments for mobile devices. We all knew this would be a long and hard road, but they supported us at every step.”

Magnus Nilsson, Co-Founder, iZettle

"While most investors stay above the fray, the ones at 83North jump into the trenches and help carry the load. They understand that's where real value is created."

Renen Hallak, CEO & Founder, Vast

“Boards could be a complete waste of time, or a source of inspiration - all depends on the people around the table. Best advice to entrepreneurs - choose your investors well...make your own DD....”

Rami Sass, Founder & CEO, Whitesource

"Life is Short, work with people that challenge you and make you laugh all the time"

Horacio Martos, Co-Founder, SocialPoint

"It's a real pleasure to work with 83North, and to have them on our board.
Their approach is always full of humility, constructive and supportive.
They have a rich experience and a real understanding of entrepreneurs’ issues and challenges for fast-growing start ups."

Philippe Corrot, CEO & Co-Founder, Mirakl