Swedish growth and funding platform Gilion closes €10M equity funding round: Know more
Summary
The investment for Gilion comes after a “strong” year of growth, with revenue quadrupling year-over-year and an 8x increase of companies on the platform. This is very strategic for all companies.” “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,” adds Werner. Konopelski says, “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.” “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.” Founded in 2021 by Oliver Hildebrandt, Axel Bruzelius and Henrik Landgren, Gilion has developed a platform enabling real-time access and analysis of all key company data, offering a novel approach to evaluating and identifying fundamentally strong startups. Co-founder Landgren says, “With our growth analytics platform, we’re dedicated to democratising access to the analytics resources traditionally reserved for larger companies.” “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.” Gilion is supported by investors like LocalGlobe, Creandum, former Blackstone Co-head John McCormick, banking veteran Annika Falkengren, and seven unicorn founders including Hjalmar Winbladh, Jacob De Geer, Ilkka Paananen, Sebastian Knutsson, Riccardo Zacconi, and Steve Anavi. In 2023, Gilion expanded its operations to include Sweden, Germany, Denmark, and Finland and raised its capital pool to €400M, which is available to European founders and tech companies.