Lysa receives SEK 40M in capital investment from a range of Swedish angel investors.
Lysa, a Stokcholm, Sweden-based startup providing asset management services based on a technology that uses robot advising, announced securing SEK 40M ($4.4M) in capital investment.
The backers include Swedish private investors Christer Gardell, who contributed with the most part of funding, Anders Borg, Ernström & Co, Nicklas Storåkers, Mikael Schiller, Michael Storåkers, and Carl Wilsson.
Lysa, founded in 2016 by CEO Patrik Adamson, Henrik Littecke and Emilie Andersson, developed an automatic investment service, based on which the company provides asset management. Lysa AB is a securities company listed Financial Supervisory Authority Supervision from Sweden and has about SEK 1bn in assets under management.
Priro to this deal, Lysa received investment funds of SEK 20M in 2017.