Torben Frigaard Ramussen

Business Angel

Named Business Angel of the Year 2019

Danish Business Angel 2019

In 2019, Torben received the award as Denmark’s best Business Angel – a title he received because he had managed to increase revenue in a number of companies so significantly in a short time that it was beyond comparison. For example, he managed to 22-fold his investment in MIR in just a few years, and at E-conomic he managed to go from 10,000 to 110,000 customers in the company’s accounting program.

One of the things that stands out about Torben’s leadership is that he is able to change the mindset of the companies he enters, and he is good at focusing on what adds value. In his acceptance speech when he received the award, he said: “It takes the right people to lead a company for it to be successful, and there also needs to be a greater purpose to what the company produces”.

DanBAN | Investments in Danish and foreign start-ups

Danish Business Angels is Denmark’s strongest network of more than 300 private investors who invest in start-ups at national and international level. In addition to 300 active investors, they also form a partner circle consisting of the country’s leading financial companies, accounting firms, law firms and innovation environments.

DanBAN and its members have made hundreds of investments in both Danish and foreign startups. The latest figures from the member survey show that DanBAN’s 300 members have invested DKK 365 million in startups – that is, investments corresponding to an average of DKK 1 million per day in 2020.