Ardoq Raises $125 Million in Series D  

by Kay Aloha Villamor in March 10th, 2022

Ardoq, an Oslo, Norway-based SaaS company reinventing Enterprise Architecture for today’s digital enterprise, announced a $125 million Series D funding round. 

The round is led by EQT Growth, the growth equity strategy of the global investment organization EQT, which invests in and partners with Europe’s most innovative tech companies to the point they are beginning to scale. 

The Series D will fund Ardoq’s continued global expansion as it invests further in its commercial platform, best-in-class product offering, and growing its team.

Company: Ardoq AS

Raised: $125.0M

Round: Series D

Funding Month: March 2022

Lead Investors: EQT Growth

Additional Investors: 

Company Website:

Software Category: Enterprise Architecture Software

About the Company: Founded in 2013 by Magnulf Pilskog and Erik Bakstad and Ardoq is a SaaS company reinventing Enterprise Architecture for today’s digital enterprise. Ardoq is one of the world’s leading vendors of cloud-native Enterprise Architecture software, with a truly global customer base and top-tier clients such as Carlsberg, Condé Nast, and the United States Federal Communications Commission. Ardoq’s software platform is the engine for driving digital business execution, which supports how customers’ business can transform in a world of increasing IT complexity, cloud migration, and the proliferation of applications. The company’s dynamic, data-driven EA platform is designed to plan and execute major change initiatives. The tool provides a digital twin of an organization’s people, processes, systems, data, and infrastructure. With Ardoq, CIOs can confidently deliver digital transformations, and IT leaders can make better technology decisions based on real-time information. The company has grown to a team of 170 professionals with further offices in Copenhagen, London, and New York. Driven by this passionate and market-leading team, headquartered in Oslo, Norway.




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