Viking Growth announces its third Finnish portfolio company by investing in Jamix, a software company that helps professional kitchens manage their operations. The investment will support Jamix’s expansion in the US and innovation in making kitchens work more efficiently.
Trondheim, Norway – December 18th, 2024
Helping Professional Kitchens Run More Efficiently With Higher Quality And Control
– We are happy and excited getting Viking Growth onboard our growth journey. From day one we felt that we not just found an investor but also an excellent partner. Our decades long knowledge in professional kitchen systems combined with Viking Growth’s experience in helping multiple SaaS companies to boost their growth – is a perfect match, says Mikko Jaatinen, CEO and founder of Jamix.
Operating a professional kitchen is a highly complex process with numerous different stakeholders. These kitchens typically produce and serve more than 10,000 meals every single day, and with hundreds of employees are involved in the process. Having a kitchen management software is therefore crucial for ensuring quality, control, efficiency and sustainability in the operations.
Impressive Growth In the United States
– We are really excited to invest in Jamix. The company’s unique product and skilled team have resulted in an impressive growth journey and an already strong customer base in the US. We believe now is the perfect timing to partner up and scale further in the US, and look forward to the journey ahead, says Eirik Brænd Hjelmeland, Senior Investment Manager at Viking Growth and the coming Chairman of the Board in Jamix.
After being the market leader in Finland for several years, Jamix started working towards the US market in late 2016. Since then Jamix has seen a strong growth in the US professional kitchen software market, especially within the colleges and universities segment. Of the more than 350 customers in total close to 40 customers are in the US, with prestigious universities like Yale, UCLA and Berkeley on the customer list. Jamix expects to see an ARR growth in the US north of 60% in 2024.
Jamix is a Finnish software company and a leading system provider for commercial kitchens. For 35 years, Jamix has been developing innovative digital solutions for professional kitchen management. The Jamix system helps save time and money in the kitchen, ensures consistent quality, and supports sustainable operations, particularly in managing food waste. In Finland, its customers include foodservice providers in both the public and private sectors. In the United States, Jamix’s customer base is growing especially in the college and university sector. The company is headquartered in Jyväskylä, Finland, and it has a subsidiary in the United States.
Viking Growth is a leading Nordic-based software investor, specializing in scaling B2B software companies. With over 20 years of experience, Viking Growth focuses on helping innovative software companies achieve international growth. Based in Trondheim, Norway, Viking Growth partners with ambitious software companies by providing capital, strategic expertise, and operational support to accelerate their journey. Viking Growth’s mission is to create lasting value by investing in and nurturing the next generation of software leaders.
Press contact:
Mikko Jaatinen
CEO
[email protected]
+358 400 478 784
Eirik Brænd Hjelmeland
Senior Investment Manager
[email protected]
+47 472 54 135
