Ari Korhonen

Ari Korhonen

Boardman partner

Ari Korhonen

Professional history and Board experience

Ari Korhonen, founder at Lagoon Capital is an entrepreneur and angel investor based in Finland.

With an average of a 20-year stint that developed Komartek Oyj into a successful international business enterprise. The company exports to ten different countries.

The acquiring of Komartek Oyj in 2004 by WM-Data (the current CGI) was one of Ari’s major milestones. He served as Vice President, Energy & Utilities in WM-Data. This achievement gave Ari the tenacity to invest more in start-ups, primarily as full-time business angel investor.

Ari has invested in 40 companies during the last 15 years. In those, he has participated in a record 135 investment rounds. Among the companies he has invested for example in DealDash, MariaDB, Miradore ja Klevu. Of these investments, he has had eight successful exits; Small Giant Games, Sympa, Severa, Paytrail, Galton Voysey, Octo3, In4mo and The Switch.

Ari is also an investor in venture capital funds, which include Evli Growth Partners, Spintop Ventures, Seedcamp, 500 Startups, GP.Bullhound, True Global Ventures ja KJK Capital. In Spintop he is also a Senior Advisor. He operates also as a Growth Partner in Evli Growth Partners. Ari is also a member of Tesi’s (Finnish Industry Investment Ltd) Advisory Board.

In 2014 Ari received the coveted title of Business Angel of the Year in Finland. The award was presented by the Finnish Business Angels Network (FiBAN). He co-founded FiBAN and was its Board Vice Chairman in 2010-2012.

Ari has equally been an active board member of the European Business Angels Network (EBAN) and Vice-President in 2012-2016. He was awarded EBAN Lifetime Achievement Award in 2015. He is also an active member of EstBAN, NFBAN, Global Super Angels Club and NordicBAN among other major angel networks.

Having graduated with a Master of Science degree in engineering from LUT University and being featured by EU-Startups as one of the top 40 most active and most influential angel investors in Europe in 2017, Ari was awarded an Honorary Doctorate in Economics and Business Administration by the same university in 2017. Ari is also a member of LUT University’s Advisory Board.


Activities in Boardman

  • Member of the Development Forum “Ownership Competence”, 2015


  • Growth companies
  • Internationalization
  • Sales and marketing
  • Financing
  • Exit