Adfenix secures SEK 50M for growing its real estate tech solution.

Sweden Investments 24 October 2017
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Adfenix, a Gothenburg, Sweden-based company providing a technology solution for the real estate sector, announced closing a SEK 50M ($6M) investment round for taking the company the next level.

The backers include institutional partners, such as Industrifonden, Notion Capital, Starbright Invest and Goodfellows.

Adfenix, founded in 2014 and led by CEO André Hegge, has developed a service that allows brokers to target residential ads on social media much more precisely and thus increase the number of visitors to their views.

The company has already a portfolio of customers, including Erik Olsson, Fastighetsbyrån, Länsförsäkringa fastighetsförmedling, Sotheby’s, RE/MAX or Harcourts and expects to register SEK 40M ($5M) in revenues at the end of 2017.