About
Built, run and scaled, then invested.
ACAP ehf. is the investment holding company of Arnar Laufdal Ólafsson. It brings together decades of building and running businesses in Iceland and selling from Iceland to the world.
ACAP
An investment company that works like a research house
ACAP ehf. invests its own capital and runs a research-intensive operating model: every decision starts with data, public sources and a written analysis, in Icelandic and English.
ACAP works across three areas: investment, advisory on strategy and AI adoption, and in-depth research on markets and companies. It also takes part in selected development projects, including urban development with the consulting and development firm APH.

The founder
Arnar Laufdal Ólafsson
Founder and managing director of ACAP. Arnar has built and led companies in software, hospitality and finance, and mentors Icelandic founders through KLAK VMS.
Career
- Today
ACAP ehf.
Founder and managing director: investment, advisory on strategy and AI adoption, and research.
- 2023–
KLAK VMS
Volunteer mentor to Icelandic startups through KLAK VMS and accelerators such as Startup SuperNova.
- 2009–2021
Kaptio
Founded Kaptio, software for the travel industry, in 2009; full-time from 2012 and CEO for about a decade. Revenue reached ISK 850 million in 2020, more than 95% of it from customers abroad. Stayed on the board after a new CEO took over in 2021.
- 2001–2010
Broadway, Hótel Ísland
Acquired and ran Broadway, a restaurant and entertainment venue with one of Iceland’s largest kitchens. Staged about twelve shows with artists and employed more than 200 people.
- Earlier
Landsbanki Íslands
Account manager in corporate banking: sales to larger companies, including new derivative and loan products.
Contact
Start a conversation
Whether you are weighing an investment, preparing your company for AI or building something new, we are glad to talk.