Heartpace gets SEK 4M and a new investor, Söderberg & Partners.
Heartpace, a Stockholm, Sweden-based company providing a SAAS platform for employee management, announced in a press release that it received a SEK 4M ($490k) investment.
The deal was made with Söderberg & Partners, which gets 30% of the company and includes the Heartpace's offer into its commercial services.
Söderberg & Partners, founded in 2004, is one of Sweden's leading financial advisors and intermediaries of insurance and financial products. The company was formed at the end of 2004 with funding from Per-Olof Söderberg, by a group of pension advisors led by Gustaf Rentzhog, who left the investment bank Carnegie to start their own business.
Heartpace, founded in 2012, developed a digital platform that can handle and manage all employees internal communication.
The company was breakeven in 2016, with almost SEK 18M ($2.2M) in sales.