Lavendla raised $2 million in a round led by Bonnier Ventures and Eequity.

Sweden 07 May 2020
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Lavendla, a Stockholm, Sweden-based company providing funeral services, secured a SEK 20M ($2M) capital increase in the company.

The money was provided by existing investors, including Bonnier Ventures and eEquity.

Lavendla, founded in 2014 and led by CEO Jakob Nordström, sells funeral services via the internet. The company is not profitable at a 2019 turneover of SEK 39 million ($4M) and expects sales of SEK 60M for 2020.

Lavendla raised about $3M from professional investors prior to this round.

Total investments received (USD): 5.13M

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