Frank Mogensen
About

Twenty-six years, three companies, one habit.

I look at what a business is counting and ask whether it is the right unit. Three times that turned into a company, and all three were sold.

Frank MogensenFrank Mogensen
Copenhagen
Alpha IT Group · founded September 1999 · sold 2007

By the late nineties companies were paying more for IT every year and could not say what the next year would cost. Infrastructure was configured by hand, by consultants, by the hour, so the bill grew with the complexity rather than with the value.

We built an automated hosting platform, and then sold something nobody was selling yet: infrastructure and operations at a fixed rate per employee per month. Per-seat pricing, roughly a decade before the industry settled on it. The platform existed to make the pricing possible, not the other way round.

Mondo acquired it in 2007 and I stayed on as their chief technology officer.

Computerworld, June 2007
FoundedSept 1999
SectorHosting
RoleFounder, CEO/CTO
Sold2007, Mondo A/S
PriceDKK 30M
Voopii · founded 2013 · sold 2014

Mobile data roaming was priced so badly that most companies simply switched it off when their people travelled. They had bought a capability and then instructed staff not to use it, which is the clearest signal a market can give that its pricing is wrong.

We assembled a global roaming service across several operators, so a company could work at local rates anywhere in the world, and sold it to enterprises and airlines. Twelve people, €4M of annual revenue within two years. Gigsky acquired it in 2014 and I ran their EMEA operations afterwards.

Founded2013
SectorTelecoms
People12
Revenue€4M in 2 yrs
Sold2014, Gigsky
Cloudeon · founded 2016 · sold 2021

Consulting for large enterprises, I kept meeting the same thing. It took three to five years to get from an idea that would help a customer or an employee to something actually running in production. By the time it arrived the idea was outdated, and the person who had it had usually left the company.

That is not a delivery backlog. It is an operating model with a cycle longer than the shelf life of its own ideas. Fixing it needed cloud as the foundation and a different way of working on top, which we built, and then ran, for large enterprises. Days or weeks instead of years.

TDC took a 40% stake two years in. I was chief executive from the start; about a year before the sale I handed that over and became chief technology officer, in order to build the Lithuanian organisation myself: fifty people across Vilnius and Kaunas doing 24×7 operations, cloud service development and SaaS innovation.

Devoteam acquired the company in 2021, at around a hundred people across four offices in two countries. I stayed as CTO of Devoteam M Cloud Denmark until mid-2022.

DLA Piper, Aug 2018 · Computerworld, Sept 2021
Founded2016
People~100
Offices4, two countries
Revenue€13M in 5 yrs
RaisedTDC, 40%, 2018
Sold2021, Devoteam
The parts that did not work

Not everything sold. CloudAjour was founded and closed within 2023. I stepped back for personal reasons, and there is also a break in the second half of 2022 for the same reason. I list both because they are on my public record and a committee will find them anyway, and because a career with three exits and no gaps in it has been edited. That period is behind me, which is why I am now looking for one board seat rather than several.

Since then

CBS Executive board exam

A six-month examined programme at Copenhagen Business School, 2023–24.

Agency AI Solutions

Chairman and investor, 2025–26. Agent infrastructure.

Workofo

Board member and investor. AI workforce scheduling.

Nordio AI

Helped start it. It has its own chief executive; I am not in daily operations.

BrainEon

A business memory that answers with its sources and says so when it does not know.

Education

Information Technology, Technical University of Denmark. Danish, English, German.