Red Flag raises SEK 15M more, wants to launch an accounting service by the end of 2017.
Red Flag, a Stockholm, Sweden-based startup raised SEK 15M ($1.9M) in a fresh investment round. The money comes from new and existing investors and will be used for launching and finding product-market fit.
Red Flag, founded in 2016 by Niklas Derouche, Mattias Söderhielm and CEO Mikael Pawlo, is working on an all-in-one digital admin solution for freelancers and small business. The service is expected to be launched in the second part of 2017.