– Monterro, the Nordics’ largest B2B software investor, launched two new funds, M5 and G2, totaling €1.725 billion.
– Assets under management more than doubled to €3.1 billion, strengthening its leading position in Nordic software investing.
– Both funds were oversubscribed and closed in under four months, despite a difficult global fundraising climate.
– 26 new institutional investors joined from Europe, APAC, the US, and South America.
– Monterro remains the largest investor, contributing more than 10% of the total capital raised.
– About 50 entrepreneurs and executives from Monterro’s portfolio companies invested in the new funds.
– Strong interest reflects Monterro’s proven track record, with all funds among the best-performing in Europe.
– Majority of Monterro’s 70 employees have operational experience in building and managing software companies.
– Support for portfolio companies includes hands-on expertise, networks, and scaling guidance.
– Monterro has in-house AI specialists to improve efficiency and integrate AI into products.
– Monterro operates the Scandinavian Software Park in Vietnam with more than 150 developers for portfolio companies.
– Monterro offers an extensive community enabling knowledge-sharing and B2B software networking.
– These elements make Monterro a highly attractive partner for Nordic software entrepreneurs.
– In 2025, Monterro invested in six new software companies.
– Completed five add-on acquisitions.
– Opened an office in Helsinki.
– Expanded the team with 16 new hires.
– Strengthened presence across all Nordic countries.
– Lars Sveder, Co-founder & CIO, said the fundraise reflects Monterro’s leadership, consistent strong returns, and long-term vision as operational investors.
– Gustav Lagercrantz, CEO, said Monterro is proud of supporting growth journeys and can now help more Nordic companies scale internationally.
– Monterro was advised on the fundraise by Rede Partners and Andulf Advokat.
