ER

Ergo Ventures

VC
Stockholm, SwedenWebsite
How to approach: cold outreach ok
Stage

Pre-Seed, Seed

Check Size

$100K – $500K

Portfolio

4+ companies

Team

4 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Ergo Ventures focuses on investing in early-stage European startups in HR Tech and B2B SaaS, with specific attention to marketplaces innovating talent acquisition.

Meet the Team

AN

Anders Nilsson

Managing Partner

HR Tech
Marketplace
AA

Anoop Aryal

Partner

SaaS platforms
IoT hardware
media platforms

Anoop Aryal’s background is in leveraging hardware and software technology to optimize processes and workflows. Since 1999, Anoop has been involved in building SaaS platforms to scale what used to be traditional, offline small businesses. One of the SaaS platforms that was built under his leadership is in use across the world in over 130 languages. Since 2008, Anoop has been involved in a variety of startups ranging from building massively scalable media platforms to startups in IoT hardware for smart homes. Anoop is a graduate of Miami University (OH) and has a BSc. and MSc. in Computer Science.

JU

Jeff Urgo

Partner

LESA Automotive
digital automotive business
media businesses

Jeff Urgo built a $30M+ revenue, 30%+ net margin, and 30%+ annual growth digital automotive business from scratch at Gannett (NYSE: GCI) transitioning the legacy print business to a digital video & tech-enabled media business. Jeff oversees Ergo Advisers’ I Do Holdings LLC investment in LESA Automotive. Jeff is a highly successful entrepreneur and business operator with twenty-five years of experience in automotive and online media. Jeff’s skills, background, and track record are in building and managing new revenue models, sales teams and products, and growing them into substantial media businesses. Jeff launched a niche auto photo publication in partnership with Chicago Tribune Company in 1993 which rapidly grew to $8M+ in revenue in the Chicago market. Jeff then built, trained, and managed the initial Cars.com independent contractor sales teams for Tribune Company in Chicago, Orlando, and South Florida for approximately two years before transitioning these sales forces back to Tribune. From 1995 through the present, Jeff has continued to operate his own auto-related media and vehicle inventory ventures and also provided consulting services and worked in partnership with major media companies including Tribune Publishing, Comcast, and Vehix. Jeff got his start as a porter at a Ford dealership in the Chicago area and worked his way up to become the General Manager of the dealership.

TL

Tim Landon

Partner

SmartReal.com
digital networks
venture portfolio

Born in Buffalo, former Future Farmer of America, a graduate of the University of Chicago, and fisherman, Timothy Landon led the building of Apartments.com, CareerBuilder.com, Cars.com, and other online businesses. He oversees our investment in SmartReal.com. Among many board and advisory roles, Tim was also a member of the board of directors of American Public Education, Inc. (NASDAQ: APEI), a leading provider of online post-secondary education focused primarily on serving the military and public service communities, for 10+ years. Tim began as a college intern in 1985 at Tribune Company and had a variety of operating and strategic roles over 20+ years, including participating in the early AOL investment and operating partnership, the building of the Tribune venture portfolio, and initial conceptualization, capital raise, launch and leadership of a number of digital networks, including Apartments.com, CareerBuilder.com, and Cars.com. Tim holds a bachelor’s degree in political science and a master’s degree in business administration from the University of Chicago.

Industry Focus

Invests In

SaaS
Marketplace
Other

Does Not Invest In

Media
Consumer

Portfolio Companies (4)

Other

HI

HireFlow

Recruitment Tech
SA

SaaSify

B2B SaaS
LE

LESA Automotive

"Discovered via firm_website (high confidence)"

SM

SmartReal.com

"Discovered via firm_website (high confidence)"

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