Who Owns NordVPN?
Updated onExplore the ownership hierarchy of NordVPN. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
NordVPN
NordVPN is a consumer virtual private network (VPN) service, launched in 2012 and developed by Nord Security, that provides encrypted internet connections and privacy tools for users worldwide, is privately held, and has its Basic plan starting around $2.99 per month on a two-year subscription as of late 2025.
Starts at $2.99 / month
Nord Security
Nord Security is a private cybersecurity company that develops digital privacy and security products such as NordVPN, NordPass, NordLocker, NordLayer, and related tools for consumers and businesses worldwide.
Tesonet
Tesonet is a Lithuanian venture builder and tech accelerator that supports, funds, and scales cybersecurity, AI, EdTech, SportTech, and other digital startups globally.
NordVPN
NordVPN is a consumer virtual private network (VPN) service, launched in 2012 and developed by Nord Security, that provides encrypted internet connections and privacy tools for users worldwide, is privately held, and has its Basic plan starting around $2.99 per month on a two-year subscription as of late 2025.
Starts at $2.99 / month
Nord Security
Nord Security is a private cybersecurity company that develops digital privacy and security products such as NordVPN, NordPass, NordLocker, NordLayer, and related tools for consumers and businesses worldwide.
Tesonet
Tesonet is a Lithuanian venture builder and tech accelerator that supports, funds, and scales cybersecurity, AI, EdTech, SportTech, and other digital startups globally.
Major Shareholders
NordVPN
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Nord Security (Nordsec B.V.) Parent company and controlling corporate owner of the NordVPN service, widely reported as owning NordVPN / nordvpn S.A. within the Nord Security (also referred to as Nordsec B.V. / Cyberspace B.V.) group. Exact equity and voting stakes in nordvpn S.A. are not publicly disclosed. Sources: | Corporate | — | Nov 2025 |
Nord Security
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Tomas Okmanas (Tom Okman) Lithuanian entrepreneur who co-founded Nord Security and serves as co‑CEO; widely described as a principal owner‑manager of the group. | Founder | — | Sep 2023 |
Eimantas Sabaliauskas Co‑founder and co‑CEO of Nord Security, with a long‑standing leadership role in the Tesonet/Nord ecosystem and generally treated as a major shareholder. | Founder | — | Sep 2023 |
Jonas Karklys Listed by Nord Security as a co‑founder alongside Tomas Okmanas and Eimantas Sabaliauskas, indicating a direct founder equity position. | Founder | — | Sep 2023 |
Warburg Pincus Global growth private‑equity firm that led Nord Security’s $100M funding round in September 2023 at a $3B valuation, taking a significant minority stake and gaining board representation. | Institutional | — | Sep 2023 |
Novator Partners (Novator Ventures) London‑based alternative investment firm; lead investor in Nord Security’s first external $100M round in April 2022 at a $1.6B valuation and a participating investor in the 2023 $100M round, making it one of the company’s largest financial shareholders. | Institutional | — | Sep 2023 |
Burda Principal Investments Growth‑capital arm of Hubert Burda Media; participated in Nord Security’s $100M financing in 2022 and in the follow‑on $100M round in 2023, holding a notable minority position. | Institutional | — | Sep 2023 |
General Catalyst US venture‑capital firm that invested in Nord Security’s first external $100M funding round in April 2022, becoming an institutional minority shareholder. | Institutional | — | Apr 2022 |
BaltCap Baltic private‑equity fund that joined the April 2022 $100M financing round alongside Novator Ventures, General Catalyst and Burda Principal Investments, taking a direct minority stake. Other disclosed minority shareholders from that round include angel investors Ilkka Paananen, Miki Kuusi and Matt Mullenweg. | Institutional | — | Apr 2022 |
Tesonet
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Tomas Okmanas Co-founder of Tesonet; described by Lithuanian business publication TOP500 and government/media reports as a Tesonet (Tesonet Global) shareholder and one of the group's main owners. Public company registry aggregators report that Tesonet Global, UAB has three corporate shareholders, but their names and exact stakes are not freely disclosed. | Founder | — | Jun 2024 |
Eimantas Sabaliauskas Co-founder of Tesonet; identified alongside Tomas Okmanas as a major shareholder of the Tesonet group in Lithuanian rich list coverage and official patronage announcements. | Founder | — | Jun 2024 |
Jonas Karklys Co-founder of Tesonet and Nord Security; described in Lithuanian business press as a smaller (minority) shareholder of Tesonet. | Founder | — | Aug 2025 |
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