Tomas Okmanas

Last updated

Tomas Okmanas
Tomas Okmanas 2 by Augustas Didzgalvis.jpg
2022
Born
Tomas Okmanas

(1987-11-05) 5 November 1987 (age 37)
Vilnius, Lithuania
Education Vilnius University
Mykolas Romeris University
Known forTesonet; Nord Security; NordVPN
Titleco-founder of Tesonet and Nord Security [1]
Okmanas in 2020 Tomas Okmanas by Augustas Didzgalvis.jpg
Okmanas in 2020

Tomas Okmanas (born 5 November 1987) is a Lithuanian entrepreneur and investor. [2] He co-founded Tesonet, a venture capital firm with stakes in gaming, adtech, AI, retail, and deep tech. [3] He co-founded and is co-chief executive officer of Nord Security, which operates the virtual private network service NordVPN. He sits on the supervisory board of Šiaulių Bankas, one of the biggest banks in Lithuania [4] [5] . In 2024, Okmanas’ net worth was estimated to be €1.2 billion. [6]

Contents

In 2022, Okmanas became a part-owner of EuroLeague team BC Žalgiris [7] two years later, he bought the BC London Lions. [8]

Early life

Okmanas was born and raised in Vilnius. He earned a bachelor's degree in history at Vilnius University and later earned a master's degree in e-business management at Mykolas Romeris University. [9]

Career

Okmanas founded Tesonet with Eimantas Sabaliauskas in 2008. [10] [11] After trying 34 projects and ideas, from computer games to web hosting solutions, they finally focused on network security, business hosting, and big data solutions. [12] [13] Both individually and through the Tesonet accelerator, Okmanas invested in more than 50 projects and ventures. [14] [15] He mentors Lithuanian startups and helped launch an association to nurture them. [16] [17]

Tesonet helped develop the web intelligence platform Oxylabs, the hosting provider Hostinger, and the cybersecurity firm Surfshark, three companies ranked among Europe's fastest-growing by The Financial Times in 2024. [18] [19] Tesonet is a shareholder of Šiaulių Bankas, one of the biggest banks in Lithuania, [4] where Okmanas holds a seat on the supervisory board. [5]

He is a limited partner in other venture capital funds, including Creandum, Plural, and Moonfire. [20]

In 2012, Okmanas co-founded the VPN service company NordVPN. [9] He contributed to the development of the solution, significantly reducing the time required for TCP packets to travel between the client, the VPN server, and their ultimate destination. [21] Okmanas is listed as one of the inventors of this method in the US patent office database. [22]

In 2017, Okmanas co-founded Nord Security, an umbrella company for several cybersecurity solutions both for clients and businesses, like NordVPN, NordLayer, and NordPass. [23]

Since 2020, Okmanas has been a member of the Forbes Technology Council. [24]

He is a member of the board of trustees at the Vilnius University Institute of International Relations and Political Science, along with the eighth President of the Republic of Lithuania Dalia Grybauskaitė and other prominent Lithuanian figures. [25]

In January 2025, Okmanas announced the launch of nexos.ai, intended to help enterprises adopt AI. [26] [27] He said that the idea came to him on October 28, 2024, and the product was ready in 30 days. [28]

Advocacy

Okmanas is a member of the board of directors of the Internet infrastructure coalition (i2Coalition) [29] , which aims to ensure that those who build the infrastructure of the internet have a voice in public policy. In 2019, i2Coalition and six leading VPN service providers launched an VPN Trust Initiative (VTI) [30] , which the following year released a set of principles for VPN providers. [31]

In 2023, Okmanas and fellow Tesonet shareholder Eimantas Sabaliauskas helped raise one million euros for Ukraine in an hour, then doubled the donation. [32] For their philanthropy, Okmanas and Sabaliauskas were named National Patrons of Lithuania. [33]

References

  1. "Leadership at Nord Security". Nord Security. Retrieved December 17, 2024.
  2. "Tomas Okmanas". World Economic Forum.
  3. "Tom Okman investor portfolio, rounds & team". map.startuplithuania.lt. Retrieved December 3, 2024.
  4. 1 2 "Tesonet announces agreement to invest in Siauliu Bankas". Tesonet. December 23, 2021.
  5. 1 2 "Bank's Supervisory Council". Šiaulių bankas. Retrieved December 2, 2024.
  6. ELTA (November 26, 2024). "The list of the richest people in Lithuania has been published: V. Germanas takes the 19th place". MadeinVilnius.lt. Retrieved December 4, 2024.
  7. "Tesonet invests in Zalgiris Kaunas". Tesonet. Retrieved December 2, 2024.
  8. "London Lions announce new ownership and Zalgiris partnership". Basket News. August 19, 2024.
  9. 1 2 Gewirtz, David. "Meet NordSec: The company behind NordVPN wants to be your one-stop privacy suite". ZDNet. Retrieved August 9, 2021.
  10. March 2020, TechRadar Pro 31 (March 31, 2020). "Moving the VPN industry forward: a Q&A with NordVPN". TechRadar. Retrieved August 9, 2021.{{cite web}}: CS1 maint: numeric names: authors list (link)
  11. "Tesonet Foundation Launch: Not Just Charity—Strategy". Yahoo! Finance. February 28, 2025. Retrieved October 28, 2025.
  12. "The Story of Tesonet | We are Tesonet". October 30, 2017. Retrieved August 9, 2021.
  13. "Okmanas: If We Want More Unicorns, We Need to Invest in Youth Education and the Modernisation of Spaces". Vilnius University. Retrieved August 27, 2021.
  14. March 2020, TechRadar Pro 31 (March 31, 2020). "Moving the VPN industry forward: a Q&A with NordVPN". TechRadar. Retrieved August 9, 2021.{{cite web}}: CS1 maint: numeric names: authors list (link)
  15. "Pixevia Scoops $1.18 Million to Develop AI-based Smart Retail Store". AiThority. August 6, 2020. Retrieved August 27, 2021.
  16. "Tesonet - Accelerating the digital future and innovation | We are Tesonet". April 30, 2021. Retrieved August 9, 2021.
  17. "Lithuania hopes for new unicorns this year". DELFI. Retrieved August 27, 2021.
  18. "FT 1000: the eighth annual ranking of Europe's fastest-growing companies". March 1, 2024. Retrieved December 2, 2024.
  19. James Capell (May 30, 2024). "Hostinger becomes the world's fastest growing web hosting company". TechRadar. Retrieved December 2, 2024.
  20. Novakova, Natalie (October 9, 2023). "Tech Wrap Oct. 9: Lithuanian VC Leads Pre-seed Round of Germany-based Climate Tech Startup, Estonian VC Firm Backs AI-based Content Moderation Platform". Icebreaker. Retrieved December 3, 2024.
  21. "Moving the VPN industry forward: a Q&A with NordVPN". TechRadar. March 31, 2020. Retrieved August 9, 2021.
  22. US 11050587,Norbutas, Emanuelis; Okmanas, Tomas& Briedis, Marijus,"Multi-part TCP connection over VPN",issued February 4, 2020, assigned to 360 IT UAB
  23. Prakash, Prarthana (January 9, 2025). "From bootstrapped to billions: How Nord spent 'hundreds of millions' getting customers to use controversial VPNs, and became Lithuania's tech darling". Yahoo! Finance. Retrieved October 28, 2025.
  24. "Tom Okman". Forbes Councils. Retrieved August 9, 2021.
  25. "Board of Trustees". TSPMI. Retrieved August 9, 2021.
  26. Sawers, Paul (January 17, 2025). "Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production". TechCrunch. Retrieved July 11, 2025.
  27. "nexos.ai emerges from stealth to launch an AI orchestration platform for the enterprise with funding led by Index Ventures". nexos.ai. January 13, 2025. Retrieved July 11, 2025.
  28. Nord's Tomas Okmanas on why he had to launch an AI startup - Startup Europe — The Sifted Podcast. February 21, 2025. Retrieved July 11, 2025 via podcast.sifted.eu.
  29. "Tom Okman". i2Coalition. Retrieved August 9, 2021.
  30. Castro, Chiara (September 28, 2023). "Top VPN providers get recognized as secure and ethical products". TechRadar. Retrieved September 14, 2024.
  31. "VPN Trust Initiative releases VPN principles for providers and users". securitybrief.asia. Retrieved August 9, 2021.
  32. "Lithuanians raised €1m in one hour for Ukraine – and IT company doubled it". lrt.lt. February 6, 2023. Retrieved December 4, 2024.
  33. administrator (June 13, 2024). "Tesonet Global Shareholders Named National Patrons for Donation to Ukraine". Lithuania. Retrieved December 4, 2024.