# Thomas C. Holst

> Thomas C. Holst is a Norwegian-American business architect, investor, and entrepreneur who built Huddly - a Norwegian deep tech computer vision company - from a four-person startup into a publicly listed global enterprise with offices in Oslo, Palo Alto, London, Austin, Washington, and Bangalore. With a career spanning management consulting (A.T. Kearney), private equity (Reiten & Co, Orkla Finance), and deep tech venture building, he has collaborated with Amazon, Intel, Microsoft, Google, and Zoom. After departing Huddly, he co-founded Northscaler - a B2B tech venture firm connecting Nordic startups with global corporations - and became a Partner at ICON Asset Management AG in 2024.

- **Role:** Founding Partner at Northscaler; Partner at ICON Asset Management AG
- **Organizations:** Northscaler, ICON Asset Management AG, Pratexo, ECN AS, Huddly (former CEO), Reiten & Co (former), Orkla Finance (former), A.T. Kearney (former)
- **Nationality:** Norwegian
- **Education:** European CFA / Finance, Norwegian School of Economics (NHH), MBA, Management and Finance, San Diego State University, Bachelor of Science, German university (unspecified)
- **Known for:** Grew Huddly from 4 employees to a publicly listed global company on Euronext Growth Oslo, Raised over $20M in venture funding for Huddly (Series A and B rounds), Guided Huddly's IPO on Euronext Growth Oslo in February 2021 - 15x oversubscribed, raising NOK 697M

## Career timeline

- **1989-1990** — MBA at San Diego State University
- **1997-2000** — European CFA studies at Norwegian School of Economics (NHH)
- **Early career** — Management Consultant at A.T. Kearney
- **Mid-career** — Partner at Orkla Finance
- **2000s** — Partner at Reiten & Co, Norwegian private equity
- **2009** — Founding Partner & Board Member at ECN AS (Engineering Consultants Norway)
- **2015** — Joined Huddly as CEO to accelerate fundraising and global expansion
- **2017** — Huddly raises $10M Series B; launches products with Google and NEC
- **2018** — Huddly launches product with Cetron at Microsoft Ignite
- **2019** — Co-founded Northscaler (B2B tech venture capital, Austin/Oslo)
- **2020** — BD Advisor and Co-founder at Pratexo (edge computing platform)
- **2021** — Huddly lists on Euronext Growth Oslo (ticker HDLY), raising NOK 697M
- **2024** — Partner at ICON Asset Management AG (since September 2024)

## Achievements

- Grew Huddly from 4 employees to a publicly listed global company on Euronext Growth Oslo
- Raised over $20M in venture funding for Huddly (Series A and B rounds)
- Guided Huddly's IPO on Euronext Growth Oslo in February 2021 - 15x oversubscribed, raising NOK 697M
- Established Huddly offices across Oslo, Palo Alto, London, Austin, Washington, and Bangalore
- Partnered with Amazon, Intel, Microsoft, Google, NEC, and Zoom at Huddly
- Co-founded Northscaler to connect Nordic startups with global corporations
- Co-founded Pratexo, an edge computing and distributed cloud platform
- Holds BS, MBA, and European CFA credentials across Germany, US, and Norway

## Latest updates

- **2024-09** — Became Partner at ICON Asset Management AG, integrating technology with traditional wealth management
- **2024** — Continued as Advisor and Co-founder at Pratexo, focused on intelligent edge computing
- **2024** — Huddly (company he helped build) appointed Rosa Stensen as new CEO following leadership transition

## Links

- Website: https://www.northscaler.com/thomas-holst
- LinkedIn: http://www.linkedin.com/in/thomas-c-holst-a03a7513a
- Twitter/X: https://twitter.com/huddlyinc
- Facebook: https://facebook.com/huddlyInc/

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Profile page: https://yespress.io/thomas-holst
Published by YesPress — https://yespress.io
Last updated: 2026-05-14