Simp to get $800k from Bramare AS

Norway Investments 28 February 2019
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Simp, a Bergen, Norway-based company providing online marketing services, secured NOK 7M ($800k) in capital investment.

The money was provided by the investment company Bramare, headed by Bjørn LG Braathen, brother of Per G. Braathen, who runs the investment company Braganza. In addition, they have received NOK 4 million in loans through Innovation Norway and DNB.

Simp, founded in 2015 and led by CEO Tor Henning Endresen, built a platform that collects visitors data from locations such as shopping malls and hotels to digital profiles, usually via the wifi spots. The company works with 250 customers and tracks one million unique users on the platform.