.png)
.png)
Total amount raised
$24M
Latest funding date
2025-05-05
Location
Omada has successfully raised funds over four rounds, with the latest being a Venture - Series Unknown. The company is backed by 12 investors, including P+ and Kirk Kapital A/S.
What Is Omada?
Omada is a software company based in Copenhagen, Hovedstaden, Denmark, specializing in identity management and access governance applications. The company operates in various industries, including compliance, information technology, project management, and risk management.
With a workforce of 251–500 employees, Omada has established itself as a market leader in identity governance and administration solutions. The company combines AI, automation, and best practices to simplify complexity and align security with business goals.
How Much Funding Has Omada Raised?
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: June 2011
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and develop its initial product offerings.
- Series Unknown (Minority Equity Investment)
- Amount Raised: USD 24,000,000
- Date: May 2015
- Lead Investors: C5 Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support Omada's expansion beyond Continental Europe into the UK and United States, and fund sales, marketing, and R&D.
- Corporate Round (Majority Stake Acquisition)
- Amount Raised: Not publicly disclosed
- Date: October 2018
- Lead Investors: CVC Capital Partners (Growth Fund), GRO Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: CVC Growth Partners and GRO Capital took a majority stake in Omada, with C5 Capital fully exiting. Capital was deployed to accelerate product innovation and growth.
- Series Unknown (Majority Ownership Change)
- Amount Raised: Not publicly disclosed
- Date: April 29, 2025
- Lead Investors: GRO Fund III (lead), Kirk Kapital; co-investors include J.P. Morgan Asset Management (Private Equity Group) and P+
- Valuation at Round: Approximately DKK 1 billion (per Børsen reporting); deal terms not officially disclosed
- Motivation Behind the Round: GRO Fund III and Kirk Kapital acquired a majority ownership position in Omada, providing a full exit to CVC Growth Funds and GRO Fund II. Funds to accelerate global growth, AI-driven product innovation, go-to-market expansion, and strategic M&A.
Total Amount Raised: At least $24 million based on disclosed funding (additional rounds had undisclosed amounts).
Current Valuation: Not publicly disclosed; estimated approximately DKK 1 billion as of the April 2025 transaction per press reporting.
Key Investors
- GRO Capital (GRO Fund III)
- Details: GRO is a leading Northern European private equity firm focused on small and medium-sized mature B2B software companies. With approximately EUR 1.2bn AUM across four funds, GRO has made over 20 platform investments since 2015. GRO Fund III is the current lead investor in Omada.
- Investment Focus Areas: B2B software, technology, growth investments.
- Notable Investments: Omada.
- Kirk Kapital A/S
- Details: Kirk Kapital is a family-owned Danish investment company (established by the Kirk Johansen family, descendants of LEGO founder Ole Kirk Christiansen) managing approximately EUR 3.5bn AUM, with a long-term focus on strategic minority investments in market-leading Scandinavian companies. Kirk Kapital holds 17 active strategic investments.
- Investment Focus Areas: Long-term investments, Scandinavian market leaders, various sectors.
- Notable Investments: Omada.
- CVC Capital Partners
- Details: CVC Capital Partners is a global private equity and investment advisory firm. Through its Growth Fund, CVC held a majority stake in Omada from 2018 until its full exit in April 2025 via the GRO Fund III and Kirk Kapital transaction.
- Investment Focus Areas: Technology, healthcare, consumer goods.
- Notable Investments: Omada (exited April 2025).
- C5 Capital
- Details: C5 Capital specializes in investing in cybersecurity, space, and energy security sectors. C5 Capital made a USD 24 million minority equity investment in Omada in 2015 and fully exited as part of the 2018 CVC/GRO transaction.
- Investment Focus Areas: Cybersecurity, space, energy security.
- Notable Investments: Omada (exited 2018).
- J.P. Morgan Asset Management (Private Equity Group)
- Details: The Private Equity Group of J.P. Morgan Asset Management participated as a co-investor in the April 2025 Omada majority ownership round alongside GRO Fund III and Kirk Kapital.
- Investment Focus Areas: Private equity, technology, financial services.
- Notable Investments: Omada.
- P+
- Details: P+ is a Danish pension fund that participated as a co-investor in the April 2025 Omada round alongside GRO Fund III, Kirk Kapital, and J.P. Morgan Asset Management.
- Investment Focus Areas: Pension and institutional investments.
- Notable Investments: Omada.
What's Next for Omada?
Omada stands at the cusp of significant growth, bolstered by strategic investments from CVC Capital Partners and GRO Capital. With this new capital, the company is poised to expand its market presence in Europe and North America, tapping into the growing demand for identity governance and administration solutions. The increasing importance of regulatory compliance and cybersecurity further amplifies the potential for Omada's software and services.
Future fundraising opportunities appear promising, as the involvement of major investors positions Omada well for additional rounds of funding. This financial backing could attract more high-profile investors, enabling the company to enhance its product offerings and explore new markets. However, Omada will need to navigate challenges such as competition from other providers and rapidly changing regulatory requirements.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Omada and gather other critical business insights.
Sign up for free to start exploring the wealth of information available at your fingertips and gain a competitive edge in your sales efforts.
