Press release
- 26. June 2025
Intellis expands ownership group and strengthens board
Intellis board expansion sees Entrepreneur and business executive Mads Peter Veiby join as a co-owner and board member.
At Intellis, we’ve seen substantial interest and positive feedback from our initial private-sector customers, who are already actively testing Intellis’ Contract Lifecycle Management platform. This confirms there’s considerable untapped potential and significant value in rolling out our solution more broadly across the private market in the Nordics. Particularly, our upcoming sustainability module has emerged as a powerful and vital tool for businesses aiming to achieve and document ambitious sustainability goals.
That’s why we’re delighted to welcome Mads Peter Veiby as a new co-owner and board member. Mads brings extensive experience from various IT businesses, including telecom company M1 and CEGO. Additionally, he has broad board experience, having served on the boards of both publicly listed and private companies, as well as charitable organisations. Intellis’ ownership now includes Stig Larsen (founder), Kevin Magnussen, Lars Sneftrup Pedersen and Mads Peter Veiby.
“We are taking a crucial step into the private market, and it’s vital we have the right people at the table. Mads’ entrepreneurial experience and his extensive network will be pivotal in creating new opportunities and growth within the Nordic private market,” says CEO and co-founder Stig Larsen.
I’m very excited to become an active part of Intellis’ next chapter. It’s an exciting company with great potential. My focus will be on opening the right doors within the private sector, helping accelerate growth and delivering even stronger results.
– Mads Peter Veiby, Board Member, Intellis
With Mads on board, the Intellis board now consists of Lars Sneftrup Pedersen, Stig Larsen, Kevin Magnussen, Christian Thomsen and Mads Peter Veiby.
“I look forward to working with Mads. I’m confident we have the right team in place to develop the company and create robust, sustainable growth,” concludes Chairman Lars Sneftrup Pedersen.
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.
