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Dico

Dico

Hørsholm, Denmark·Founded 1994··dico.dk

Dico is a privately held Danish venture capital firm founded in 1994 and based near Copenhagen (Horsholm) that invests its own balance-sheet capital in early-stage and growth technology companies, chiefly Nordic SaaS, e-commerce and B2B software. It typically commits DKK 2-10 million per company over a 4-6 year horizon and has been involved in more than 50 companies, with exits such as Jubii, DIBS, Phase One and LogPoint.

AUM
–
Funds
1
vintages 1994
Portfolio
14
Exits
8

Dico is a Hørsholm venture capital firm with 14 active companies and 8 exits.

Key takeaways
  • ·6 exits in the last 5 years · consistent DPI cadence.
  • ·Average hold across 8 realized deals: 7 years.
  • ·Top sector focus: SaaS (32% of portfolio).

Sector breakdown

22 companies
SaaS
7 · 32%
Fintech
2 · 9%
Mobility
2 · 9%
Data & Analytics
2 · 9%
Energy
1 · 5%
IT Services
1 · 5%
LegalTech
1 · 5%
HealthTech
1 · 5%

Key facts

HQHørsholm, Denmark
Founded1994
Employees4+
Websitedico.dk

Recent exits

Dico sold Junkbusters to Seenons in 2026 after 8 years.

Dico exited Publiczr in 2026 after 6 years.

Dico sold Pronestor to Sign In Solutions in 2022 after 3 years.

Dico sold Simplesite to One.com (group.one) in 2022 after 9 years.

Partners

Mikael KonnerupDirector and Co-founder
Jesper LohmannDirector and Co-founder
Casper KonnerupInvestment Manager

Coverage notes

1 fund tracked, 22 portfolio companies (14 active · 8 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Mikael Konnerup
Director and Co-founder
Jesper Lohmann
Director and Co-founder
Casper Konnerup
Investment Manager

Funds & portfolio

Every fund Dico has raised, with its portfolio companies. Hand-checked from public filings.

1 fund
DicoActive
VC199414 assets8 exits

Unrealized

14 held
CompanyEntry
Agillic
SaaS · Denmark
2013
Aqoola
Fintech · Denmark
2012
Axcess Nordic
SaaS · Denmark
2020
BA Technologies
Energy · Denmark
2023
Consortio IT
IT Services · Denmark
2020
Copyright Agent
LegalTech · Denmark
2022
Dentli
HealthTech · Denmark
2022
Freetrailer
Mobility · Denmark
2018
Hello Retail
E-commerce · Denmark
2018
Historian
Data & Analytics · Denmark
2024
Lumidron
Industrials · Denmark
2023
OMNI
Mobility · Denmark
2011
Vita Media Group
AdTech · Denmark
2019
Weply
SaaS · Denmark
2020

Realized

8 exits
CompanyEntryExitTypeBuyerMOIC
Junkbusters
Business Services · Denmark
20182026Trade SaleSeenons–
LogPoint
Cybersecurity · Denmark
20122021SecondaryDigital+ Partners–
Opoint
Data & Analytics · Denmark
20132016Trade SaleM-Brain–
Pronestor
SaaS · Denmark
20192022Trade SaleSign In Solutions–
Publiczr
SaaS · Denmark
20202026MBO––
Reepay
Fintech · Denmark
20142021Trade SaleBillwerk (PSG-backed)–
Simplesite
SaaS · Denmark
20132022Trade SaleOne.com (group.one)–
Telefaction
SaaS · Denmark
20122020Trade SaleAxcess Nordic–

Frequently asked questions

What investment strategy does Dico focus on?
Dico focuses on VC, Growth strategies in the private equity space.
How many portfolio companies does Dico have?
Dico has 14 active portfolio companies and 8 completed exits and 1 fund tracked on GP Intel.
Where is Dico headquartered?
Dico is headquartered in Hørsholm, Denmark.
When was Dico founded?
Dico was founded in 1994.
What sectors does Dico invest in?
Dico invests across Software, TMT, Financials.
What are Dico's recent exits?
Recent realized exits by Dico include: Junkbusters (2026) to Seenons; Pronestor (2022) to Sign In Solutions; Simplesite (2022) to One.com (group.one); LogPoint (2021) to Digital+ Partners; Reepay (2021) to Billwerk (PSG-backed); Telefaction (2020) to Axcess Nordic; Opoint (2016) to M-Brain.
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Last updated August 2026 · Sourced from public filings · Report an issue