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Jenz raises €540k: Evertrace spotted Jo Schou Sandåker 138 days earlier

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Jenz raises €540k: Evertrace spotted Jo Schou Sandåker 138 days earlier

Jenz has raised €540k in pre-seed funding from Antler and Ada Ventures. The Oslo-based company builds an AI platform that automates operational work for retailers.

Evertrace spotted Jo Schou Sandåker, co-founder of Jenz, 138 days before the funding announcement.

Before the round

The timeline
Evertrace detected the signal5 June 2026
Funding announced21 October 2026
Time before the announcement138 days

On 5 June 2026, Evertrace detected the first signal of company formation for Jo Schou Sandåker. That was 138 days before Jenz's funding announcement.

Jo Schou Sandåker founded Jenz with Remi Bjørnestad and Natnael Belete Seifo. The team won the Norway AI Hackathon in June 2026.

What they’re building

Retailers keep their data in many separate tools. Jenz brings data from online stores, point-of-sale, inventory, accounting and marketing tools into one structured layer.

Its AI agent analyses sales and inventory, forecasts demand, evaluates pricing and marketing, and automates routine work. Pilot customers have given it more than 3,000 tasks across more than 20 back-office systems.

The round

Antler and Ada Ventures invested in the €540k pre-seed round. Jenz also received a NOK 1m grant from Innovation Norway. The company plans to expand beyond the Nordics, starting with a launch in the UK.

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