Fonn in a NOK 55 million equity raise from Idekapital, Skagerak Maturo, Investinor and Aidiom.
Fonn, an Oslo, Norway-based software developer of a field management tool for construction projects, raised fresh funding in a round closed at NOK 55 million ($6.2M).
The money was raised locally from Norway, from investors including Idekapital, Skagerak Maturo, Investinor and Aidiom.
Fonn, founded in 2016 and led by CEO Jan Tore Grindheim, developed a SAAS software-based field management tool for construction projects, with inclusive usability for all tech skill levels. The tool enables all users in a construction project, with up-to-date information and all communication in one place. The company says that in 2021 it handled 45,000 projects and 25,000 users, with customers including BoligPartner, Nordbohus and Drømmekjøkkenet. Brinkman and Roche Constructor.
Fonn previously raised about $7 milliom, $2.3 million in 2021, $3.4 million in 2020 and $1 million in 2019.