[Exclusive] Sweden-based Younium raises an additional €2.7M for its B2B subscription management software

Niclas Lilja, founder and CEO, sees a promising trajectory ahead, emphasising plans to strengthen Younium’s presence in existing strongholds while exploring opportunities in emerging markets. Lilja says, “Last year saw significant growth and the acquisition of new clients in 15 countries, accompanied by substantial internal expansion.” “With the latest financing, we envision the chance to strengthen our position as a global leader, expanding our presence in both Europe and North America and achieving positive cash flow.” Younium claims to have secured a foothold in the Nordic market with clients like Quinyx, Superoffice, and Topdesk. As per Younium, subscription-based businesses, particularly in SaaS, offer recurring revenue and customer retention benefits but can pose challenges in financial tracking and growth management. Founded in 2017, Younium streamlines subscription management, invoicing, and financial reporting to ensure accurate metrics and seize revenue opportunities for businesses. Currently, the company employs around 60 individuals and operates in the Nordics, Western Europe, and North America, with offices in Stockholm (HQ), Malmö, Amsterdam, and Philadelphia.