CVX Ventures Online Partner meeting
At this partner meeting, a number of companies will be presented that you can join as advisory board members and/or invest in. The companies will be announced progressively.
Read About the Cases
Geil
Geil sells and develops proprietary products within intimate and sexual health, spanning contraceptives, sexual enhancement, and intimate care. Geil challenges the incumbent oligopoly with a brand and portfolio that aligns with the modern consumer, designing a Scandinavian brand with international appeal. The Geil-team spans product developers, management consultants, senior branding experts, and industry sales veterans.
The product has gained significant momentum with its availability at fourteen retailers across Norway and Sweden, which notably includes Lyko among its distribution partners. Additionally, a strategic collaboration with a leading Spanish distributor is in the pipeline, set to be unveiled during the upcoming fall season, further expanding its market presence into Spain.
Geil is searching for Knowledge and network related to International Expansion. As a consumer brand, they’re looking to expand our reach with competencies spanning: Specialized knowledge of individual European markets (pricing, audience, etc.) Setup of regional distribution and sales infrastructure Building organizational sales excellence.
BookBoost
Bookboost is a guest communication software for the hospitality sector based in Sweden. The company provides a modular customer experience solution to help hotels build lasting relationships with their customers. Continuing its growth trajectory in 2022-23, Bookboost doubled its revenues year-over-year, while maintaining a 98.4% retention rate. It reported SEK 8.4m in contracted ARR in December 2023 and 58 clients, representing 168 properties across markets.
Bookboost doubled its revenues between 2022 and 2023 through proactive customer acquisition and maintaining a high retention rate of 98.4%. The customer base expanded from 38 to 58, primarily in the DACH region, reflecting an average of 2 new customers per month. The company focused on enhancing Average Revenue Per Account (ARPA) by targeting larger establishments, including mid-market independent hotels and chains. Throughout 2023, Bookboost demonstrated a robust Compound Monthly Growth Rate (CMGR) of 5.3%. top-line growth was supported by gross margin expansion leveraging services such as Amazon Web Services (cloud computing) and Twilio (cloud communications). There was acorresponding increase in operating costs, driven by consulting expenditures for tech.
Bookboost has already secured SEK 5 million from existing investors, with an additional SEK 7 million remaining open for CVX partner-investments for a pre-Money valuation of 85m SEK. The funds raised will be allocated towards marketing efforts, expanding the team through new hires, and forming sales partnerships.
SC-Tronics
Introducing SC-Tronics, a company focused on climate sensors. Their expertise lies in optimizing indoor climate, ventilation, light, and heating. But what sets them apart is their approach. They don’t just provide sensors; they offer a comprehensive solution, where they have an integrated software solution that helps with energy efficiency and management for their customers.
SC-Tronics is owned by Sawux and has achieved an annual revenue of 286,000 DKK. Notably, they’ve garnered attention from significant clients such as Bestseller and prominent real estate developers in Germany. They have showed their potential in Denmark and are looking to further their development in Germany and Sweden.
SC-Tronics are looking for expertise in B2B sales within Scandinavia, particularly in the realm of commercial real estate development. Our focus is on leveraging market opportunities within the Scandinavian region to drive successful commercial projects.
Wood Tube
Wood Tube has developed a stud made out of recycled paper to replace steel studs when building interior walls, and by doing so, saving 90% CO2 emissions. The product is light weight, easy to cut, and does not become sharp, thus improving the working environment for carpenters. Wood Tube will build the future with recycled paper.
Wood Tube showcases a wealth of experience and expertise in the construction industry, and have completed 40+ projects. Each project represents a milestone in their journey, reflecting their commitment to innovation and sustainability. Their track record speaks volumes about our ability to deliver exceptional results and drive meaningful change in the world of construction.
Wood Tube is seeking candidates with experience in the construction industry or properties/real estate, along with knowledge in distribution, sales, and product development. Additionally, expertise in fundraising is valued.
Gozee Content
Gozee Content is a dynamic marketplace platform, where burgeoning startup brands and enterprising solo entrepreneurs can easily connect with content creators and get easy access to content. It serves as a vital hub where visionary individuals can access a diverse array of tailor-made user-generated content sourced from talented content developers around the globe. With an emphasis on quality and relevance, Gozee Content empowers businesses to enrich their social media platforms and websites with compelling content that resonates with their target audience. Whether it’s captivating visuals, engaging blog posts, or attention-grabbing videos, entrepreneurs can find the perfect content to enhance their online presence and drive meaningful engagement.
Gozee Content has gained traction through partnerships with notable brands like Wood Bullu, teemvideo, and Saving Grace. These collaborations highlight Gozee Content’s appeal across different industries and its ability to provide tailored user-generated content to enhance brand presence and engagement.
Gooze is seeking candidates that have demonstrated experience in navigating the B2B SMV market. Furthermore Gozee is looking for candidates that are capable of building strong teams that can help shape their future. Gozee is also looking for candidates that have experience in fundraising.
NADMED
NADMED Oy (“NADMED”) is a Finnish medtech spinout from the University of Helsinki founded in 2022. It has devised and patented a technology aiming to change the way we measure metabolic health through NADs, a coenzyme which has generated huge interest in the scientific and longevity communities and popularized by the likes of David Sinclair, Andrew Huberman and Bryan Johnson. NADMED’s product is currently the only CE-marked device for measurement of NAD with 90 paying customers in 26 countries/4 continents. They have run over 40K tests, generated EUR 183K in 2023 and have a 168% YoY growth between 2023 and 2024. In the first 4 months of 2024, NADMED has already generated revenues of EUR 260K, significantly outpacing their 2023 figures and on track to reach over EUR 1M in 2024.
NADMED has experienced a year-over-year growth of 168% from 2023 to 2024, serving 90 customers across 26 countries, half of whom are based in the USA. The company boasts a 95% rate of repeat customers, prominently featuring pharmaceutical companies (75%), the National Institute of Health, and top-tier universities like Harvard, Cambridge, and Oxford. The primary revenue sources are American pharmaceutical companies and major German clinical laboratory chains, with active involvement in 13 clinical trials for various medical conditions.
NADMED is looking for funding through CVX’ Partners. Potential investment amount is EUR 500K as part of an SPV. One member of the syndicate will volunteer to administer the vehicle. Total round size: EUR 2 M of which EUR 1.5M is already secured.
RocketLabs
RocketLabs is a web agency deeply committed to digital excellence. With a strong foundation in web development, UX design, e-commerce, SEO, digital strategies, and Linux, they are empowering businesses in the digital realm. At RocketLabs, their approach revolves around collaboration and innovation. They have developed Ignite, a platform designed to spark creativity and drive meaningful outcomes. By combining advanced technology with strategic insights, Ignite helps our clients navigate the complexities of the digital world and unlock their full potential.
RocketLabs has been quietly building their impressive community, with 35,000 users spread across 75 companies. This widespread adoption speaks volumes about the trust and value RocketLabs brings to the table, solidifying its position as a global player in the digital space.
Rocket Labs are looking for individuals with expertise in B2B sales focused on the Scandinavian market, marketing, and business strategy. These roles are crucial as they expand their operations and enhance their services in web development and digital solutions.
SHFT Run
SHFT redefines the running experience by blending innovative technology with personalized coaching insights. Using two intelligent pods, it accurately tracks and analyzes your running style and performance metrics in real-time. This data is then translated into practical, easy-to-understand coaching instructions aimed at helping you run more efficiently and with reduced risk of injury. Whether you’re a seasoned runner or just starting out, SHFT provides valuable guidance to enhance your technique and enjoyment of running, empowering you to reach your goals at your.
SHFT Run’s momentum is propelled by a seasoned team of 12 individuals who bring a wealth of expertise to the table. Their collective efforts have firmly established SHFT Run in the competitive landscape of the United States. Additionally, their strategic vision has attracted notable ambassadors like Ray Lewis, a former Olympian, who lend his credibility and passion to represent SHFT Run. This combination of a dedicated team and influential ambassadors underscores SHFT Run’s growing traction and its ability to resonate with both athletes and enthusiasts alike.
SHFT Run is looking for candidates with these skills to propel our growth strategy. In today’s dynamic market, scaling SaaS companies requires strategic expansion into key demographics. One such lucrative segment is sales to athletes, particularly in the vibrant North American network. Leveraging the influence and purchasing power of athletes not only boosts revenue but also enhances brand visibility and credibility. By tapping into this niche market, SaaS companies can effectively scale their operations, driving growth and maximizing market penetration within North America and beyond.
