Establishment of KRING Data & kontorcenter in Kalundborg by Karsten Kring. Acquired by Jesper Kring in 1994 and changed its name to KRING Office A/S.

Employees: 2

Developed Denmark’s first office-supply e-procurement solution “Smartkøb” to help customers streamline their procurement process integrated with direct day-to-day delivery system from a central warehouse.

Significantly strengthened customer satisfaction, margins, and reduction of local inventory.

Employees: 20

Establish KRING IT Development A/S in Slagelse with the focus of designing and developing customer centric ebusiness solutions and websites with first customers as Quartz, Bahne, Gant, Harboe.

Employees: 26

Establishment of Offshore Development Center in India for in-house use in KRING IT Development A/S.

Employees: 36 thereof 10 offshore

Founding KRING Technologies A/S pioneers in offshore development models from India. Winner of Junior Chamber “Grangia Award”.

Employees: 80 thereof 50 offshore

Establisment of offshorecenter in Ukraine, Aquired management consultancy unit from Developmate A/S and establishment of SAPstation.com.

First edition of the magazine “GLOBAL SOURCE” is published in 32.500 copies.
Winner of “Årets ejerleder”.

Employees: 120 thereof 80 offshore

Founding of KRING Tellabs India plt. — a joint venture with Tellabs, a global network technology provider, Nasdaq: TLAB.

Initto Joint venture with Tellabs
Establishment of KRING Global Advisory — developing global source strategies for eg Danske Bank. eBusiness unit is seperated into KRING
eBusiness Consulting A/S.

Employees: 170 thereof 120 offshore

KRING Technologies A/S get CMMI 3 certified (The Capability Maturity Model Integration)

Offshore setup in India
Establishes kindergarten to employees in India. KRING Office A/S acquired. Establishes near shore setup in Slagelse. Office establish in Norway.

Employees: 230 thereof 180 offshore

KRING Technologies A/S changes its name to Initto A/S (in it together) & Saxo Bank becomes partner.

Expand capacity to 400 employees.With offices in Slagelse, Copenhagen, Delhi, Kiev and Oslo.

Employees: 270 thereof 230 offshore

Saxo Bank aquires Initto A/S being a key platform in the bank’s future growth capacity with the goal of more than 500 employees.

KRING eBusiness Consulting changes name to KRING & Co. focusing on digital business innovation and transformation:

Employees: 350 thereof 310 offshore

Based on experience from 350+ eBusiness projects, joint ventures and co-creation projects the human centric Speedbooting innovations process (Think Big, Start Small, Scale fast) are born.

Employees: 15 thereof 0 in ventures

Establish the first Rise & Shine seminar for top executives with an innovation and sustainability agenda.

Establish GreenBlue Society — an incubation model for green transition in Region Zealand using the Speedbooting approach.

Employees: 17 thereof 0 in ventures

The Digital based ”Value Loop” for customer experience based innovation and business development are co-created with DSV.

It was rolled out in the first four contries in only 90 days! With the Speedbooting approach.

Employees: 20 thereof 0 in ventures

Supporting Pernille Kruse Madsen in Developing and Co-founding the Impact fond Human Practice Foundation

Employees: 23 thereof 3 in ventures

Establishing the first ventures pree.to, Enova A+ and
Bolighed.dk that is aquired by Nykredit, AL Bank, Spar Nord and Sydbank.

Establishing the first strategic venture partnership with KMD developing Relabee.dk and Testaviva.dk

Employees: 43 thereof 20 in ventures

First Speedbooting fund with 10 bold investors are established supporting the Think big and start small phase of the the Speedbooting innovation process.

Employees: 58 thereof 35 in ventures

Initiating the DanSing Fintech bridge between Singapore and Denmark executed by Copenhagen Fintech and The danish forign ministery with Dorte Vizard as lead.

Employees: 65 thereof 39 in ventures

New Speedbooting fund established 100% comitted to support the UN Development Goals with focus on SDG #3 Healthcare & Wellbeing and #7 Energy.

Employees: 80 thereof 65 in ventures

The KRING impact venture Valified co-founded with PKA and Ørsted pivot’s into a strategic platform for the data-driven acceleration of the sustainable transition and competitiveness in value-chains – helping companies be superior in attracting customers, talent, and capital.

Employees: 90 thereof 75 in ventures

We are now creating a larger fund for 2022 that will provide a substantially larger deal flow while keeping the high momentum for a longer period of time and with an ability to keep investing in the most successful companies through several funding rounds.
This, we believe, will create superior value to the investors.