My Telescope raised €2.5 million in seed funding led by Vendep Capital and Trind VC.

My Telescope, a Stockholm, Sweden-based SAAS startup developing a tool for marketing analytics, announced completing a €2.5 million ($2.8M) seed funding round.

The money was raised from investors led by Vendep Capital and Trind VC, and will be used as the company aims expanding the business in the USA.

My Telescope, founded in 2018 by Andreas Harju, Frederique Pirenne and CEO Rodrigo Pozo Graviz, uses Share of Search analytics to measure and predict the long-term impact of market trends, brand strength, and campaign effectiveness. Customers include marketers and media agencies.

My Telescope previously raised around $700k.