About ABBYY

Karl-Magnus S. Karlsson

Karl-Magnus S. Karlsson

Board Director

Karl Karlsson has served on the board of ABBYY since 2006. Karl is a serial entrepreneur that conceived his first technology startup Scoop Inc. while still in graduate school and took it from idea to NASDAQ listing. He has been instrumental to the success of many global tech companies both as founding entrepreneur and as investor. Highlight projects include 3721.com sold to Yahoo and rolled in to Alibaba yielding $40+ billion value creation for Yahoo. Karl was Co-Founder and Chairman of Pickit.com and a Senior Advisor on the advisory board of Monster Inc. Karl is currently a Venture Partner at Insight Venture Partners. He focuses on working with Insight’s European and Asian investments and serves as first point of senior contact with prospective portfolio companies identified by the investment team in Europe. Philanthropic ventures include conceiving of, co-organizing and participating in Prince Albert II of Monaco's dog sledding expedition to the North Pole benefitting the World Wildlife Fund, having served as Chairman of Sir Richard Branson's Virgin Oceanic Explorers and as Senior Expedition Advisor to Virgin Oceanic. He is a BP Fellow of the World Scout Foundation, member of Travelers Club and a Fellow of The Explorers Club. Karl holds an MBA from the American Graduate School of International Management, Glendale Arizona and a BA in communications from California State University, Fullerton California.