Stockholm-based Gilion secures €10 million equity round to fuel expansion of its growth platform
Summary
The new round includes a mix of existing investors reaffirming their belief in our vision, such as Annika Falkengren, former CEO at SEB and former Managing Partner at Lombard Odier, as well as new investors who share our enthusiasm for reshaping funding for tech companies. “In today’s economy, founders increasingly require diverse funding options tailored to their unique needs. “Securing this new round of funding for Gilion, in the current market climate, is a huge testament of trust in our business and that we’re on the path of building something special.” Gilion empowers tech companies by providing access to always updated insights into their historical and future performance. “Our innovative tools, including pre-made SaaS dashboards, benchmarking, advanced AI forecasting, cohort- and retention analysis, level the playing field for startups – empowering them to achieve long-term success while retaining ownership.” “The pace of innovation that Gilion has shown over the past two years is truly remarkable, and I believe their product suite is a game-changer in debt financing and the wider startup funding ecosystem,” commented Andrew Konopelski, Investor and former Head of EQT Credit. “With more flexible financing options, tech companies around the globe will be able to access critical programmatic funding that is designed for the specific needs of their business and will fuel innovation in ways that haven’t existed before.” Gilion (formerly Ark Kapital) is backed by LocalGlobe, Creandum, former Blackstone Co-head, John McCormick, banking veteran Annika Falkengren of SEB and Lombard Odier, and seven unicorn founders including Hjalmar Winbladh of Epidemic Sound and founding partner of EQT Ventures, Jacob De Geer of IZettle, Timo Soininen of Small Giant Games, Ilkka Paananen of Supercell, Sebastian Knutsson of King, Riccardo Zacconi of King, and Steve Anavi of Qonto.