Ardoq announced raising NOK 60M.

Norway Investments 25 June 2020
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Ardoq, an Oslo, Norway-based SAAS of a documentation platform, completed a NOK 60M ($6.3M) capital investment round.

The funding was provided by new and existing investors, including Bertel O. Steen Kapital, Geir Førre, Gunnar Evensen and Idea Capital.

Ardoq, founded in 2013 and led by CEO Magnus Valmot, developed a dynamic, data-driven tool for Enterprise Architecture which they sell as a SAAS in order to help customers to capture and visualize how both sides of the organization’s processes and systems depend on one another. Ardoq has offices in Oslo, London, NYC and Copenhagen and had NOK 26.6 million ($2.8M) in turnover in 2019.