Boostified raised SEK 10M from existing investors.

Boostified, a Malmö, Sweden-based company operating a network for social influencers, secured SEK 10M ($1M) in capital investment.

The funding was provided by existing investors, following a SEK 7M ($800k) capital raise made in October 2019.

Boostified, founded in 2016 by Nathalie Lameri and CEO Imad Ibrahim, developed a digital tool that helps brands access and work with so-called micro-influencers. The company is yet to be profitable, at a 2019 turnover of SEK 7.1 million.

Prior to this round, Boostified raised about $1.6M.