Lysa in a SEK 350 million equity raise backed by Nicklas Storåkers, SEB and Ramsbury.

Lysa, a Stockholm, Sweden-based company providing financial services, secured an equity round closed at SEK 350M ($34M).

The money was raised locally from investors from Sweden, including Nicklas Storåkers, SEB and Ramsbury.

Lysa, founded in 2016 by CEO Patrik Adamson, Henrik Littecke and Emilie Andersson, developed an automatic investment service, based on which it provides asset management services. The company says it handles business for roughly 100,000 customers and has SEK 18 billion ($1.76 billion) assets under management.

Prior to this round, Lysa raised a total of roughly $13 million, with a last round announced in 2020.