Kevin Magnussen becomes co-owner of Intellis

The Danish Formula 1 driver strengthens his collaboration with the software company Intellis and becomes co-owner of the fast-growing developer and supplier of e-procurement solutions.

Earlier this year, Kevin Magnussen announced an extended partnership with the Danish provider of e-procurement solutions. Now, this collaboration is further strengthened as the Danish Formula 1 driver becomes co-owner of the Danish software company.

“Through our collaboration with Kevin Magnussen, we have gained a spectacular ambassador who has made us visible from a new and broader perspective. Kevin operates in a world where constant seriousness and detail-oriented perfectionism make a huge difference, and as such, he perfectly reflects the values we cultivate at Intellis,” says Stig Larsen, CEO and Co-Founder of Intellis.

With Kevin Magnussen’s co-ownership also comes a seat on the company’s board, where the Formula 1 driver will help shape the future direction of Intellis’ development. The software company, headquartered in Ørestad, Copenhagen, provides services ranging from consulting to the development and delivery of e-procurement solutions and has more than 50 public companies on its client list, with a strong focus on expanding into the private sector.

“Alongside my job as a Formula 1 driver, I have developed an interest in recent years in investing in companies where I can contribute to their growth with my knowledge. My field is incredibly tech-driven, as you know, and my curiosity about Intellis, the way they work, and the products they develop has grown through our partnership. I am happy and humbled to be welcomed into the ownership circle and look forward to being part of the work and helping Intellis make a breakthrough in the private market,” says Kevin Magnussen.

About Intellis

Intellis is a Danish SaaS company focused on simplifying e-procurement. We help organisations and businesses with their purchasing processes, keeping contracts organised, and meeting their sustainability and spending targets. We develop our platform with clear, user-friendly tools that keep everything transparent and compliant, so procurement teams can make better decisions without unnecessary headaches.

At Intellis, we’re all about shifting procurement from a routine chore into a strategic, data-backed process. We help organisations and businesses create real value, cut through the complexity, and support efforts toward a more sustainable world.