Investment company of Ari Korhonen, one of the longest-standing angel investors in Finland. Invests into software companies. His sweet spot for initial tickets is €50-100k, other sizes are doable on a case-by-case basis.
Ari grew his original company Komartek to an internationally successful one, sold it to WM-data in in 2004, and served as a Vice President of WM-data. WM-data is nowadays known as CGI.
Within the last 14 years, Ari has made angel investments in 39 companies. In those he has participated totally to 128 investment rounds. The companies invested in include MariaDB, DealDash, Klevu, Miradore and Sympa. Of these investments, he has had six successful exits; Small Giant Games, Severa, Paytrail, Octo3, In4mo and The Switch.
Ari is also an investor in venture capital and buyout funds which include Seedcamp, 500 Startups, True Global Ventures, Spintop Ventures, Evli Growth Partners and KJK Capital. Of these investments, he has had one successful exit; Seedcamp fund II. In Spintop Ventures he is also a Senior Advisor and in Evli Growth Partners a Growth Partner. Ari is also Advisory Board member in Finnish Industry Investments (Tesi) and LUT University.
Ari was elected by FiBAN (Finish Business Angels Network) as Business Angel of the Year in Finland in 2014. He is a co-founder and honorary member of FiBAN and Vice Chairman of the Board during 2010-2012. Ari has been an EBAN (European Business Angels Network) board member and Vice-President during 2012-2016. He was awarded EBAN Lifetime Achievement Award in 2015. He is also an active member in many international business angel networks, like EstBAN, NordicBAN, Global Super Angels Club, etc… Ari has been featured by EU-Startups as one of the top 40 of Europe’s most active and most influential angel investors.
Ari was awarded Honorary Doctorate in Economics and Business Administration by LUT University in 2017. He holds a Master of Science degree in engineering from LUT University.
Ticket size: €25k-€200k, sweet spot €75k, maximum allocation with follow-on investments €500k per company