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Radar · Enterprise Infrastructure in Iceland

Best Enterprise Infrastructure Companies in Iceland

The 40 best Enterprise Infrastructure companies in Iceland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Lucinity.

40companies tracked
$40.3Mdisclosed funding
0unicorns
6have raised
Sources & further reading
  • 📊 Egypt led the North Africa enterprise infrastructure market in Q3 20
FLIAR INTELLIGENCE · ENTERPRISE INFRASTRUCTURE × ICELAND

Our analysis of 459 Enterprise Infrastructure companies

$69.2b in tracked funding; 97% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

459companies analysed
97%cloud-native stacks
2025funding peak (by rounds)
66unicorns
2019median founding year

Ranked: Best Enterprise Infrastructure companies in Iceland

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Lucinity
Provider of a platform for financial crime investigation and prevention
$26M49 mo agoSeries BGudmundur Kristjansson
Founder & CEO
2018PrismicApple iCloud MailMicrosoft 365+27—
2Authenteq
Networked automatic customer identity verification platform for marketplaces
$6M91 mo agoAcquired—2015——
3AwareGO
Cloud-based security awareness training solution
$3M80 mo agoSeedRagnar Sigurdsson
Founder & CEO
2007WordPressMySQLPHP+28—
4Taktikal
Identity verification management solutions for businesses
$2M55 mo agoSeedBjarki Ingason
Co-Founder
2017WebflowCloudflare TurnstilereCAPTCHA+13—
5Nanitor
Provider of continuous threat exposure management platform for IT infrastructure
$2M51 mo agoSeedGunnar Leo Gunnarsson
Co-Founder & CEO
2013Node.jsAmazon Web ServicesAzure+222 partnerships · 2 awards
6Trell
System automation made easy
$568K155 mo agoAcquiredTrent Peterson
Founder
2012——
7Scaled Sense
Cloud based platform offering infrastructure monitoring solutions
$500K48 mo agoSeed—2022——
8Men&Mice
Cloud-based DNS management software provider
—108 mo agoAcquiredJon Adalsteinsson
Co-Founder
1990——

Top 8 Enterprise Infrastructure companies in Iceland

#1
Series B · Reykjavik, Capital Region · founded 2018 · 71 employees
$26Mraised
▾

Provider of a platform for financial crime investigation and prevention. The platform offers case management, an AI agent, customer data integration, and regulatory reporting tools. It facilitates transaction monitoring and configuration of financial crime systems. The platform automates evidence gathering, analysis, and narrative creation. It also streamlines the generation and submission of regulatory reports.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 37.4% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jul 2022Series B$17M
  • Jul 2020Series A$6.1M
  • Jan 2020Grant (prize money)—
  • Jun 2019Seed$2M
Founders & team
Gudmundur KristjanssonFounder & CEO
Investors
Keen Venture Partners, Crowberry Capital, Karma Ventures, Byfounders, Experian, Venturing Tech
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCore-JsFacebook PixelFullstory
#2
Seed · Kopavogur, Capital Region · founded 2013 · 20 employees
$1.7Mraised
▾

Provider of continuous threat exposure management platform for IT infrastructure. The platform offers visibility, prioritization, and solutions for assets and compliance. It streamlines inventory, guidance, filtering, health scoring, and software management. The platform collects data on assets in real-time, filtering it through technical policy and compliance frameworks. It compiles information on security issues, providing a visual overview.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 11.7% of this cohort's audience
Activity: 2 partnerships · 2 awards (incl. Gridheart AB) announced in 12 mo
Funding rounds
  • May 2022Seed$1.7M
  • 2018Seed—
Founders & team
Gunnar Leo GunnarssonCo-Founder & CEOAlfred HallCo-Founder
Investors
Brunnur Ventures
Tech stack
Amazon SesAmazon Web ServicesAzureCloudflareCloudflare Bot ManagementCookiehub
#3
Seed · Medina, Ohio · founded 2022 · 2 employees
$500Kraised
▾

Operator of a cloud infrastructure management company intended to deploy and manage enterprise-scale cloud computing. The company's platform uses advanced technology to translate the application portfolio into cloud architecture, paired with an optimized infrastructure cost model, enabling users to reduce organizational risks and visualize production workloads to ensure that the business is driving maximum value.

Funding rounds
  • Sep 2022Seed$500K
#4
Seed · Reykjavik, Capital Region · founded 2017 · 12 employees
$2Mraised
▾

Identity verification management solutions for businesses. It helps businesses to automate onboarding processes, KYC, and regulatory compliance changes. It also helps companies redesign and automate processes to reduce operational risk and improve the customer experience. It provides digital signature solutions that offer options for sending the signed document via email, download, or integration with other systems.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 10.1% of this cohort's audience
Funding rounds
  • Jan 2022Seed$2M
Founders & team
Bjarki IngasonCo-FounderJon StefanssonCo-FounderValur GunnarssonCo-Founder & CEO
Investors
Brunnur Ventures, Startup Reykjavik
Tech stack
CloudflareCloudflare Bot ManagementCloudflare TurnstileGoogle Tag ManagerGoogle WorkspaceHsts
#5
Acquired · Reykjavik, Capital Region · founded 2015 · 12 employees
$6.5Mraised
▾

Networked automatic customer identity verification platform for marketplaces. It verifies the identities of users and sellers for transactions on marketplaces. ID verification is done automatically using its proprietary technology by comparing the ID and a recent photo with face recognition technology.

Funding rounds
  • Jan 2019Series A$5M
  • Nov 2017Seed$1.3M
  • 2015Seed$166K
  • 2015Seed$23K
Investors
Draper, Capital300, Initial Capital, Cavalry Ventures, Startup Reykjavik, Startupbootcamp
Tech stack
Amazon Web ServicesHstsAmazon CloudfrontHttp/3
#6
Seed · Reykjavik, Capital Region · founded 2007 · 26 employees
$3Mraised
▾

AwareGO is a cloud-based security awareness training solution. It offers ready-made training programs in multiple languages. Its features include quizzes to reinforce learning, progress tracking, readymade programs, LMS integrations, compliance qualified, and more. It works on a subscription-based revenue model.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 8.1% of this cohort's audience
Founders & team
Ragnar SigurdssonFounder & CEO
Investors
Eyrir Invest, Kvika, Eyrir Venture Management, Eyrir Voxtur
Tech stack
WordpressMysqlPhpCentosOpensslWpbakery
#7
Acquired · Portland, Oregon · founded 2012
$568Kraised
▾

Trellis is an app development company that makes automation tools for enterprises to use. It provides products that can automate processes to reduce the development time and the time to market. Its first product built on this technology is AppThwack, a web service that allows mobile app developers to rapidly test apps on real devices quickly. AppThwack supports Android, mobile web, and iOS.

Funding rounds
  • Sep 2013Seed$25K
  • Mar 2013Seed$525K
  • Oct 2012Seed$18K
Founders & team
Trent PetersonFounderPawel WojnarowiczFounder
#8
Acquired · Kopavogur, Capital Region · founded 1990 · 143 employees
—raised
▾

Men & Mice is a cloud-based DNS management software provider. It provides a unified management interface and IP database system that provides unique, real-time information of network and control and administration of the network environment. The solutions are sold as an integrated package in which each module is delivered through a licensing platform deployed independently. It is operational in the US and Europe.

Founders & team
Jon AdalsteinssonCo-Founder
Investors
EIC Fund, Europa, New Business Venture Fund
Tech stack
PrismicNode.JsReactVercelNext.JsLinkedin Insight Tag

Funding & investor landscape

$40.3Mtotal disclosed funding
7companies funded
13disclosed rounds
0rounds last 90 days
Most active investors
Brunnur Ventures2 rounds
Startup Reykjavik2 rounds
3VC Seed1 rounds
Byfounders1 rounds
Capital3001 rounds
Cavalry Ventures1 rounds
Crowberry Capital1 rounds
Draper1 rounds
EIC Fund1 rounds
Europa1 rounds

Notable founders

Gudmundur Kristjansson
Founder & CEO · Lucinity
Gunnar Leo Gunnarsson
Co-Founder & CEO · Nanitor
Alfred Hall
Co-Founder · Nanitor
Bjarki Ingason
Co-Founder · Taktikal
Jon Stefansson
Co-Founder · Taktikal
Ragnar Sigurdsson
Founder & CEO · AwareGO
Trent Peterson
Founder · Trell
Pawel Wojnarowicz
Founder · Trell
Jon Adalsteinsson
Co-Founder · Men&Mice
Prism market signals · Iceland · country-scoped Prism corpus, 689,892 docs

Market landscape — 10 sub-themes by coverage

Share of Enterprise Infrastructure coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Iceland

How research on Cloud Computing is moving in Iceland

A read on the academic research around Cloud Computing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 6 Iceland-affiliated papers.

top research entities
  • University of Iceland3
  • Reykjavík University2
  • Directorate of Health1
leading researchers
Pedram Ghamisi · Richard Gloaguen · Peter M. Atkinson · Jón Atli Benediktsson · Behnood Rasti · Bjarnhéðinn Guðlaugsson · M. Hočevar · Matej Sečnik
▲ Breakthroughs1 · 17%
0%→0% share
0 median citations100% since 2021mostly methods-led
Breakthroughs are cooling (0%→0% of field), led by Honeypot.
rising sub-themes (early→recent)
  • Honeypot1
  • Context (archaeology)1
  • Botnet1
  • Intrusion detection system1
  • Server1
◆ Advancements3 · 50%
0%→0% share
0 median citations100% since 2021mostly methods-led
Advancements are cooling (0%→0% of field), led by Software deployment.
rising sub-themes (early→recent)
  • Software deployment1
  • Hydropower1
  • Renewable energy1
  • Wind power1
  • Energy (signal processing)1
▼ Concerns1 · 17%
0%→0% share
2 median citations100% since 2021mostly empirical
Concerns are cooling (0%→0% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security1
  • Cloud service provider1
  • Internet privacy1
Landmark Assessing the adoption of security policies by developers in terraform across different cloud providers · 2 cites
RESEARCH HOTSPOTS · Iceland

Where cloud computing is researched across Iceland

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Reykjavik6 · +0.42

Common questions

How many Enterprise Infrastructure companies are there in Iceland?
Radar tracks 40 indexable Enterprise Infrastructure companies headquartered in Iceland that meet our profile-completeness bar.
What is the total funding raised by Enterprise Infrastructure companies in Iceland?
The Enterprise Infrastructure companies in Iceland on this list have raised a combined $40.3M in disclosed equity funding across 7 funded companies.
Which is the highest-funded Enterprise Infrastructure company in Iceland?
Lucinity is the highest-funded Enterprise Infrastructure company in Iceland, with $26M in disclosed equity funding.
How many Enterprise Infrastructure companies in Iceland are funded?
7 of the 40 Enterprise Infrastructure companies in Iceland on this list have disclosed at least one equity funding round.
How many Enterprise Infrastructure unicorns are there in Iceland?
None of the Enterprise Infrastructure companies in Iceland on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Iceland Enterprise Infrastructure companies?
The most active investors in Iceland Enterprise Infrastructure companies on this list include Brunnur Ventures, Startup Reykjavik, 3VC Seed, Byfounders, Capital300.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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