Millum's SaaS-based Procure-to-Pay platform streamlines processes, simplifies the information flow and enhances commerce efficiency.

Company details

Date of investment
Financial-Administrative Software
Fund strategy

Attractive product market and international scalability

Millum AS was founded in 2002 by Knut Øksby, Bjørn Anskau and Roberto Padin as main founders (together with two main investors) in Norway and is based at Fornebu, outside Oslo. Millum is a software company providing the preferred procurement system for hotels, restaurants and staff restaurants in the Nordics. The solution simplifies the procurement process for actors in the food service industry. The total trading volume through Millum’s solution was NOK 11 billion in 2023.

The experts in this software group

Teamwork is at the heart of everything we do - we work together and share insights across borders, just as we do with our portfolio companies.

Wessel Ploegmakers
Partner & Head of Nordics
Jonas Bäckman
Senior Investment Manager
Daniela von Koskull
Senior Associate

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