# Evli Growth Partners

Evli Growth Partners is a Private Equity based in Helsinki, Finland.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Helsinki, Finland
- **Region:** Europe
- **Address:** Helsinki, Finland
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** www.egp.fi
- **LinkedIn:** https://www.linkedin.com/company/evli-growth-partners

## Regulatory record

- **Reports private funds:** No

## About

Evli Growth Partners is a Finnish venture capital firm investing in Nordic and Baltic companies at Series A and Series B. They have made 19 investments, including a Series D investment in refurbed on October 22, 2025. Evli Growth Partners has facilitated two portfolio exits, with Athos Commerce exiting on January 13, 2025.

## Sectors

- Enterprise Software
- Marketplace & eCommerce
- Consumer
- EdTech
- Mobility & Transportation
- Digital Health
- InsurTech

## People

- Riku Asikainen — Managing Partner
- Tero Tuominen — Partner
- Mikael Hed — Growth Partner
- Mikko Kuitunen — Growth Partner
- Kim Väisänen — Growth Partner
- Ari Korhonen — Growth Partner
- Juuso Koskinen — Associate Partner

## Questions

### Who runs investment decisions at Evli Growth Partners?

Investment decisions are driven by the partnership team led by Managing Partner Riku Asikainen, alongside Partners including Tero Tuominen and a group of Growth Partners such as Mikael Hed, Mikko Kuitunen, Kim Väisänen, and Ari Korhonen. The firm emphasizes a consensus-oriented approach rooted in the operating experience of its partners.

### How does Evli Growth Partners source proprietary deal flow?

The firm relies heavily on the personal networks and operating reputations of its Growth Partners, many of whom are former European founders and CEOs. By leveraging decades of entrepreneurial experience and the relationships built through building and exiting companies, the team identifies and accesses Series B opportunities before they reach broad auction processes.

### Does Evli Growth Partners participate in fund commitments or only direct deals?

Evli Growth Partners makes direct investments, primarily leading or co-leading growth rounds. The firm's public materials do not indicate an active fund-of-funds or LP commitment strategy; its model centers on deploying its own program capital directly into later-stage venture-backed companies.

### What investment stages and check sizes does Evli Growth Partners typically target?

The firm primarily targets Series B rounds, occasionally participating in Series A deals. It deploys an initial check of roughly €10 million per investment, with a total targeted program size of €300 million.

### Which geographies does Evli Growth Partners focus on?

The firm concentrates most of its sourcing and investment activity in the Nordics and Baltics but evaluates opportunities across all of Europe. Portfolio companies like Bob W, Planity, Perlego, and TIER Mobility reflect this pan-European reach.

### How is Evli Growth Partners related to the broader Evli financial group?

Although the 'Evli' name is shared with the publicly listed Finnish financial services group Evli Plc, Evli Growth Partners operates as a distinct, independent growth equity platform. The firm's team and investment program are managed separately, without public indication of operational integration into Evli Plc's asset management business.

## Related profiles

- [Evio VC](https://altss.com/profile/evio-vc)
- [EVM Capital](https://altss.com/profile/evm-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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