PE Accounting raised SEK 23M more from Alfvén & Didrikson, which becomes the largest investor of the company.

PE Accounting, a Stockholm and Malmö-based company providing a digital accounting solution, raised SEK 23M ($2.7M) in fresh equity funding. The money comes at a SEK 100M ($11.5M) valuation from the existing investors, Alfvén & Didrikson, which also becomes the largest investor in the company.

PE Accounting, founded in 2011 and led by CEO Olle Rydqvist, offers a combination of proprietary software and consulting services for automated accounting and works with a range of small and medium-sized 300 customers.

In 2016, PE Accounting raised SEK 15M ($1.8M) in funding.