Stepler announced raising an angel investment round.

Stepler, a Karlstad, Sweden-based startup developing a mobile app for fitness purposes, secured a capital funding of SEK 2M ($230k).

The money was raised from local angel investors from Sweden, including Jonas Bonde, Filip Tysander and Ola Lauritzson.

Stepler, founded in 2018 by Semir Hadiahmetagic and Niklas Frisk, built a mobile app providing users with promotional rewards based on their physical activities. The system is based on points for the number of steps which can be exchanged for products, services and experiences.