Quantfolio raising in excess of 15 Mnok growth capital

by Jan Aage Skaathun, on 16 October 2020 15:15

So, 
we´ve been through some special 8 months with huge challenges for many corporates and startups alike. For us at Quantfolio it has definitely been a challenging, but mixed experience as we saw many of our expected projects and deliveries being postponed with Covid 19, forcing us to make organizational changes and revisit our strategy and product offerings. (Read more about this here)

The «good» thing with a crisis, in lack of a better word, is that it can bring out the best in you, unify the organization and ultimately make you come out stronger on the other side. 

In the  aftermath of Covid 19, digital initiatives have been accelerated to create a perfect «demand storm», further fueled by regulatory changes and opportunities within the savings and investment field. At Quantfolio this has lead us to closing our largest ever client this September, in addition to an all time high sales pipeline.

To further fuel our growth aspirations we are extremely happy to announce that we have onboarded a dream team of investors and raised more than 15Mnok in equity to further grow in the Nordics and and expand internationally. 

These are all cutting edge professionals within finance and the round was lead by former Skagen Funds Co-founder Åge Westbø and Filip Weintraub and supplemented with investments from Stavanger based Venture fund, Link VC. These are all seasoned investors which will provide insight, network and growth experience to our company and we are delighted to start a renewed growth journey with fresh and existing owners. 

Read the full story in Shifter here: (Norwegian)
or Finextra here: (English)

Sincerely 
The Quantfolio team!