Stockholm-based invoice service Billogram raises SEK 13M

Sweden Investments 09 November 2016
Share on FacebookShare on Twitter

According to the Billogram's COO, Tim Ohman Cirillo, the fund raising is opportunistic, as the existing shareholders were interested in consolidating their equity position in the company.

Billogram was funded in 2010 and provides a B2B platform for invoicing. Earlier, in September 2016, Billogram swap equity in total value of SEK 10 million in exchange for media space from Aggregate Media.

To date, the company raised approximately $5.4M.

Original story