Sigmastocks completes a $800k investment round.

Sweden Investments 22 May 2019
Share on FacebookShare on Twitter

Sigmastocks, a Gothenburg, Sweden-based company operating a digital investment tool, completed a SEK 7.3M ($800k) capital investment round.

The funding was supported by Swedish investors led by Collector Ventures, which contributed with most of the money.

Sigmastocks, founded in 2014 by Nanna Stranne, Mai Thai and Carl Lindberg, provides an investment service based on software algos that include historical analysis of Swedish, European and American listed companies. The company works with about 3,000 customers in Sweden and is yet to be profitable, as in 2018 it had sales of SEK 2.3M ($240k).

Prior to this investment deal, Sigmastocks raised about $1M from investors including Bo Mattsson, Chalmers Ventures, Lena Apler, Stena Finans and Rytu Invest.