Grid completes a $1M angel investment round for a SAAS tool.

Funding Rounds

Summary

Grid, a Reykjavik, Iceland-based startup working on a software as a service solution transforming excel files into web applications, completed a $1M investment round. The money was provided by a range of angels and early stage investors, including Ari Helgason, Anthony Deighton, Kristín Pétursdóttir, Investa, Futuristic vc; Brunnur Ventures and 1/0 Capital. Grid was founded in 2018 by CEO Hjálmar Gíslason with the aim to make it easy to turn spreadsheets into modern and easily manageable web applications. The product is still in the works and the funding will be used to get to a 1.0 version and take it to market.

$ Funding

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Amount $1.0M Total raised
Date October 31, 2018 Announcement date
Investors - Lead investors
Company http://grid.is/ Funded company

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