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Bjorn Stray, Partner at Northzone

Bjorn Stray

Partner @ Northzone

Oslo, Norway

Bjorn Stray is a Series A investor at Northzone in Oslo focused on FinTech and Software. Bjørn Stray co-founded Northzone in 1996. His primary areas of focus are ecommerce, consumer internet, infrastructure, and SaaS, and he spearheads the firm’s efforts in e-recruitment, gaming, and telecom services. His portfolio includes Behaviosec, Seriously, Supponor, Sqore, Zervant, and PlayRaven. Bjørn has over the years also invested inStepstone, Nextgentel, MCP.

Total investments:
11
Last investment:
Lead investor:
55%

Last updated:

Industries Bjorn Stray invests in

FinTechSoftwareMobileFinancial ServicesFilm

Stages Bjorn Stray invests in

Series ASeries BSeries CSeries D

Countries Bjorn Stray invests in

FinlandUnited StatesSwedenUnited Kingdom

Investment Focus

Industry

  • FinTech 3 (27%)
  • Software 3 (27%)
  • Mobile 2 (18%)
  • Financial Services 2 (18%)
  • Film 1 (9%)
See all 22 industries →

Stage

  • Series A 5 (45%)
  • Series B 3 (27%)
  • Series C 1 (9%)
  • Series D 1 (9%)

Country

  • Finland 2 (18%)
  • United States 2 (18%)
  • Sweden 1 (9%)
  • United Kingdom 1 (9%)

Investments

CompanyDescriptionRoundLinks
Zervant Zervant
- Zervant offers a market leading online invoicing platform with integrated payment and financial products for micro enterprises across Europe. - Zervant was founded back in 2010 and is based in Espoo (Finland). - Zervant's current core markets are Finland, Sweden, the UK, France, Germany, Belgium, and Austria. $6.6M / Series B / Feb 13, 2018
iZettle iZettle
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world useiZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding $15.9M / Series D / Sep 11, 2016
Zervant Zervant
- Zervant offers a market leading online invoicing platform with integrated payment and financial products for micro enterprises across Europe. - Zervant was founded back in 2010 and is based in Espoo (Finland). - Zervant's current core markets are Finland, Sweden, the UK, France, Germany, Belgium, and Austria. $4.4M / Series A / Aug 16, 2016
Supponor Supponor
Supponor is an innovative sports media and technology company whose DBRLive technology is revolutionizing perimeter advertising in sports. We replace traditional perimeter advertising in sports broadcasts with virtual, digital content. Fans across the world watching a live sporting event see live TV feeds identical in every way – but withpitch-side advertisements relevant to them.There are three core elements to what Supponor does:• We manage and operate DBRLive, a technically innovative and operationally robust media platform which integrates with live broadcasts • We create new value for rights holders by enhancing and acquiring packages of their perimeter billboard inventory • We deliver marketing opportunities to brands around the world looking to engage specific sports audiences with relevant marketingSupponor’s headquarters are in the UK, and our operations teams are continually on the road, working with local partners as specialists at live sporting events across the globe.Supponor’s highly skilled software engineers in the research and development team in Espoo, Finland, work constantly to refine and further develop the technology underpinning DBRLive, pushing boundaries to create new value for our clients and partners.Supponor is a privately-held company, owned by management, private investors and VC funds – Sports Investment Partners, Northzone, and Conor. $9.9M / Series B / Apr 29, 2016
iZettle iZettle
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world useiZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding $63.7M / Series D / Aug 28, 2015
Seriously Seriously
Seriously is a developer and manufacturer of mobile games for ios and android platforms. They combine a world-class creative team with a mobile=first experience to develop brands that can make a difference. It builds global entertainment franchises that come to life first as best-in-class mobile games.It was founded in 2013 and is based in SantaMonica, CA. USA. $18M / Series A / Aug 04, 2015
PlayRaven PlayRaven
Independent game development studio founded in 2013 by five veterans with AAA console, mobile and free-to-play experience from famous studios such as Remedy Entertainment, Wooga and Digital Chocolate. In the past, we have shipped 50+ game titles, including the cult hit Alan Wake (over three million copies sold). $4.1M / Series A / Dec 10, 2014
BehavioSec BehavioSec
BehavioSec is the industry’s pioneer and technology leader for behavioral biometrics and continuous authentication, safeguarding millions of users and billions of transactions today. Deployed across Global 2000 companies to dramatically reduce fraud, friction, threat and theft, BehavioSec verifies and protects human digital identities byunderstanding how we uniquely type and swipe across our ever-changing devices. Whether used in the Cloud or on-premises, BehavioSec delivers the superior user experience, precision and scale needed by organizations to keep customers engaged while catching evasive, real-time attacks other solutions miss. Founded in the Nordics in 2008 out of groundbreaking research, BehavioSec works with organizations like DARPA, is recognized as a Gartner Cool Vendor and RSA Innovation Sandbox Finalist, and has earned investment from leading firms like Forgepoint Capital, Cisco, ABN AMRO, Conor Ventures, and Octopus Ventures. Headquartered in San Francisco, CA with offices worldwide, BehavioSec is ready to help you reduce risk, improve compliance and digitally transform your distributed workforce and customer experience. $5.3M / Series A / Dec 08, 2014
iZettle iZettle
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world useiZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding $47.8M / Series C / May 09, 2014
iZettle iZettle
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world useiZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding $32M / Series B / Jun 15, 2012
See all 11 investments →

Co-Investors

Northzone

About Northzone

VC Fund · London, United Kingdom

Northzone is a multi-stage venture capital fund that seeks to invest in the healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming industries.

Northzone Contacts

NameEmailPhoneSocials
Justin Cooke
Justin Cooke Advisor
Michiel Kotting
Michiel Kotting General Partner
Bjorn Stray
Bjorn Stray Partner
Deepka Rana
Deepka Rana Investment Manager

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FAQ

What does Bjorn Stray invest in?

Bjorn Stray invests primarily in FinTech, Software and Mobile startups, most often at Series A and Series B stage. Most of the 11 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Bjorn Stray last invest?

The most recent investment recorded for Bjorn Stray closed in Feb 2018. Shizune tracks 11 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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