HomeSwedenStravito Raises €12.4M in Series A Funding

Stravito Raises €12.4M in Series A Funding

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stravito

Stravito, a Stockholm, Sweden-based knowledge management solution to enable access to market research and insights, raised €12.4m ($14.6m USD) in Series A funding.

The round was led by Endeit Capital with participation from existing investors HenQ, Inventure and Creades. In addition to the funding, Elaine Rodrigo, Chief Insights & Analytics Officer at Reckitt Benckiser, joined its board of directors.

The company, which has raised €20.1m ($23.7m USD) in total funding, intends to use the funds to accelerate product development and to expand globally, with a particular focus on the US market.

Founded in 2017 by Thor Olof Philogène, CEO, Stravito prtovides organizations with an automated cloud service to centralize internal and external data sources, organize research and data, and quickly generate the findings that organizations need to power growth.

Users include global organizations such as Carlsberg, Edwards Lifesciences, Pepsi Lipton, Danone, Electrolux and Comcast.

FinSMEs

02/09/2021

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