Ardoq Raises $125M in Sequence D Funding


Ardoq, an Oslo, Norway-based SaaS Enterprise Structure firm, raised $125M in Sequence D funding.

The spherical, which is topic to customary situations and approvals and anticipated to shut in March 2022, was led by EQT Progress with participation from One Peak. Victor Englesson, Companion inside EQT Progress’s Advisory Workforce, will be part of Ardoq’s Board of Administrators.

The corporate intends to make use of the funds to proceed growth because it invests additional in its industrial platform, product providing and grows its crew.

Based in 2013 by Magnulf Pilskog and Erik Bakstad, Ardoq is a SaaS firm for structure digital enterprise. The corporate’s dynamic, data-driven EA platform is designed to plan and execute main change initiatives through a software that gives a digital twin of a company’s folks, processes, methods, knowledge, and infrastructure. With Ardoq, CIOs can ship digital transformations, and IT leaders could make know-how selections primarily based on real-time data.

The corporate has round 250 prospects worldwide, together with Carlsberg, Condé Nast and the US Federal Communications Fee.


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