# Verdensvev AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/verdensvev

- Industry: Internet
- Headquarters: Oslo, Norway
- Website: www.vev.design
- Total disclosed funding: $7.1M
- Latest round: Seed (May 27, 2021)
- Investors on record: 5

## About

Verdensvev AS is a technology company that offers a no-code platform enabling users from diverse sectors to create interactive web content seamlessly, thereby enhancing digital storytelling and engagement.Founded in 2017 and headquartered in Oslo, Norway, Verdensvev AS specializes in providing a no-code platform that simplifies the creation of interactive web content for enterprises and agencies. The founders include Fredrik Ekli, Michel Elings, Nicolay Thafvelin, and Tine Karlsen, with Michel Elings and Tine Karlsen serving as CEOs. The company has successfully raised EUR 5 million in a Seed funding round led by EQT on May 27, 2021, and has completed 4 total deals since its inception, with the latest round also marking the total amount raised.Vev provides a visual no-code platform that empowers various sectors, including enterprises, agencies, marketers, and publishers, to create interactive web content without requiring coding expertise. The platform includes a suite of design tools and an animation suite, allowing users to build engaging digital experiences such as e-commerce sites, editorial content, and data visualizations. Vev's flexible tools enhance digital storytelling and streamline content creation, appealing to a global customer base across North America, Europe, and Asia.In 2023, Verdensvev AS reported a revenue of EUR 2,208,887.60 with an EBITDA of EUR -2,520.50. The company operates on a subscription-based revenue model, offering various plans that cater to both individual users and larger organizations. By partnering with agencies and enterprises, Vev enhances its revenue streams while providing clients with robust tools for SEO performance and design.Following the EUR 5 million Seed investment led by EQT, Verdensvev AS plans to enhance its product offerings and expand its commercial team, focusing on growth and marketing initiatives. The funding will be utilized to publicly launch its platform and to accelerate product development. This strategy underscores the company’s ambition to enter new markets and further establish its presence in North America, Europe, and Asia by the end of 2024.

## Funding rounds

- Seed, May 27, 2021, $6.1M — EQT, Skyfall Ventures, Sagene Tech Ventures
- Seed, Jan 1, 2019 — DMZ Ventures
- Seed, Apr 18, 2018, $0.9M — NewMark Capital, Skyfall Ventures, Sagene Tech Ventures
- Seed, Feb 9, 2017, $0.1M — NewMark Capital

## Investors

- NewMark Capital (https://capitalatlas.ai/funds/newmark-capital) — Seed
- Skyfall Ventures (https://capitalatlas.ai/funds/skyfall-ventures) — Seed
- Sagene Tech Ventures (https://capitalatlas.ai/funds/sagene-tech-ventures) — Seed
- DMZ Ventures (https://capitalatlas.ai/funds/dmz-ventures) — Seed
- EQT (https://capitalatlas.ai/funds/eqt) — Seed