Fyndiq pulls out SEK 31M in fresh equity funding.
Fyndiq, a Stockholm, Sweden-based e-commerce company, raised SEK 31M ($3.6M) in fresh investment funding. The money comes from the existing investors, namely Northzone, Industrifonden and a range of local angel investors including Jan Carlzon and Karl-Johan Persson.
Fyndiq, founded in 2009 and led by CEO Dinesh Nayar, provides an ecommerce platform that aggregates and lists cheap bargains for gadgets. The company works with almost 2000 suppliers providing those deals and recorded sales of almost $40M in 2015.
Prior to this investment, Fyndiq raised about $13M in risk capital.