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Acting as an advisor to Profilence Oy and its founding partners

June 20, 2024

Finland
Finland
Finland
Profilence has started a partnership with the venture capital firm Nordic Option. In the recently executed arrangement, Nordic Option becomes a significant minority owner of Profilence, while the early-stage investors who were involved in the initial phases are exiting the company. We acted as an advisor to Profilence Oy and its founding partners.

Partner Kirsi Karvonen was responsible for the assignment. The team also included Senior Associate Rosa Junttila and Associate Arttu Liipo.

Profilence is an IT company based in Oulu. The company's software solutions are designed to analyze and optimize the stability, performance, and energy consumption of Android-based devices.

Nordic Option is a venture capital fund investing in growth companies in Northern Finland, with major shareholders including Arvo Investment Cooperative, Partnera Plc, and the City of Oulu.

Read more on Profilence Oy’s website. 
The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Key contacts

kirsi.karvonen@eversheds.fi

Kirsi Karvonen

Partner

Oulu, Finland

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