plindell

Peter Lindell

Rite Ventures

Member Profile:

Peter Lindell holds a MSc in Industrial Engineering and Management from the Linköping Institute of Technology, Sweden. He began his career as a software developer, and founded the PC reseller Turn-Key Data in 1981. Two years later Peter formed Nordic Datadistribution, a leading distributor of PC products in Sweden. In 1991, the company was sold to the listed British company, P&P Plc. Peter has been a Senior Partner at ITP Invest since 1995 and is a member of several boards including Unibet, Allt för föräldrar, Nebula Oy and Verkkokauppa.com. Peter has been an early investor in companies such as Owell (IPO 1994, acquired by WM Data 1995), Voru Cheese, Estonia (IPO 1998), Kentor (acquired by Telecomputing 2007), Unibet (IPO 2004), Neonet (IPO 2001, merger Orc Software 2010) among others.

Company Profile:

Founded in 2007, Rite Ventures is a venture capital firm based in Stockholm, Sweden. We primarily invest in Nordic internet companies in their start-up or expansion phases but can be opportunistic when we find compelling opportunity. We involve ourselves actively in our portfolio companies and support the entrepreneurs in their work. We invest for the long-term, not for ’quick flips’ and we look for entrepreneurs with a similar perspective. Our focus is on companies headquartered in the Nordics so we can keep our level of involvement and service high.

Member nationality:

Sweden

Company nationality:

Sweden