Passendo adds more capital from InQvation

Passendo, a Copenhagen, Denmark-based company providing email marketing services, announced in a press release securing capital investment from the Danish invetsment company InQvation.

Following the investment, Claus Zibrandtsen, the CEO of InQvation, joined Passendo’s board. The funding will be used to to expand outside of Scandinavia.

Passendo, founded in 2016 by Anders Rantzau Rasmussen and Andreas Jürgensen(CEO), helps publishers and advertisers build new unique advertising strategies for email and cross channels, reach new audiences and unlock uncapitalised revenue.

The company is headquartered in central Copenhagen and with offices in Dubai & Belgrade.