Unicorns in Norway
Dealroom tracks 11 unicorns headquartered in Norway — companies that reached a verified $1B+ valuation — worth $42.4B combined, plus 10 thoroughbreds generating $100M+ in annual revenue. Updated September 2026.
Every unicorn in Norway
All 11 companies headquartered in Norway that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Visma | Fintech | Oslo | 1996 | $21B | Private |
| 2 | Scatec | Energy | Oslo | 2007 | $5B | IPO 2014 |
| 3 | Autostore | Transportation | Vindafjord | 1995 | $4.9B | Private |
| 4 | Sbanken | Fintech | Bergen | 2000 | $4B | IPO 2015 |
| 5 | Kahoot! | Edtech | Oslo | 2012 | $2B | IPO 2019 |
| 6 | Opera | AI | Oslo | 1995 | $1.5B | Private |
| 7 | Link Mobility | Marketing | Oslo | 2007 | $1.1B | Private |
| 8 | Gelato | eCommerce & Marketplaces | Oslo | 2007 | $1.1B | Private |
| 9 | Remarkable | Consumer Services | Oslo | 2013 | $1B | Private |
| 10 | Dune Analytics | Fintech | Oslo | 2018 | $1B | Private |
| 11 | Nykode Therapeutics | Biotech & Life Sciences | Oslo | 2007 | $82M | IPO 2020 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 10 Norway companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | B2 Impact | Fintech | Oslo | 2011 | $1.3B | IPO 2016 |
| 2 | Tibber | Energy | Sunnfjord | 2016 | $726M | Private |
| 3 | ECIT | Fintech | Bærum | 2011 | $646M | IPO 2021 |
| 4 | Zaptec | Transportation | Stavanger | 2012 | $417M | IPO 2020 |
| 5 | Aker Horizons | Energy | Bærum | 2020 | $184M | IPO 2021 |
| 6 | Otovo | Energy | Oslo | 2016 | $97M | IPO 2021 |
| 7 | Oda | eCommerce & Marketplaces | Oslo | 2013 | $47M | Private |
| 8 | Ultimovacs | Biotech & Life Sciences | Oslo | 2011 | $35M | IPO 2019 |
| 9 | Aker BioMarine | Biotech & Life Sciences | Norway | 2002 | — | Private |
| 10 | Artec Aqua | Energy | Ålesund | 2002 | — | Private |
Frequently asked questions
How many unicorns are there in Norway?
Dealroom tracks 11 unicorns headquartered in Norway as of September 2026, worth $42.4B combined. 1 of them are valued at $10B or more.
What are the biggest unicorns in Norway?
The three most valuable are Visma, Scatec, Autostore. Oslo is the top hub with 9 of them.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.