Optio, an Oslo, Norway-based provider of B2B SaaS equity compensation solutions, raised an undisclosed amount in Series A extension funding.
The round, which brought the total amount to NOK45M, saw participation from CCAP. Earlier this year, Optio completed its series A from Nordic investors Futurum Ventures, Skyfall and Bent Skisaker.
The company intends to use the funds to continue its expansion strategy and to penetrate new markets including Germany, Switzerland, the Netherlands and southern Europe while setting up the organization for further international expansion.
Led by CEO Christoffer Herheim, Optio combines software and deep expertise to manage equity compensation plans for companies of all sizes, at every stage, from initial development to the public market. The solution simplifies complexities associated with employee incentive programs, enabling companies to stay compliant, manage equity, report costs effectively, and maximize the programs benefits. Today, the company manages over 1,000 equity programs worldwide for private and publicly listed clients.
FinSMEs
11/07/2023