Stravito secured $6.3M in capital investment from henQ, Inventure and Creades.
Stravito, a Stockholm, Sweden-based provider of a competitive intelligence SAAS for the CPG industry, announced securing capital funding of EUR 5.7M ($6.3M).
The investment round was led by the Dutch VC henQ, and included the existing investors Inventure and Creades. This late seed round will be used to further expand the company’s mission to improve the use of market intelligence in consumer goods companies.
Stravito, founded in 2017 by CEO Thor Olof Philogène, Andreas Lee, Anders Örbom and Sarah Lee, built a market intelligence platform that works as an internal search engine for making sales and marketing intelligence accessible for CPG companies.
In just 18 months, Stravito onboarded seven global consumer goods companies, including French dairy giant Danone. The company has 20 employees across its offices in Stockholm (head office), Malmö and Amsterdam.
Prior to this deal, Stravito raised $2.3M from Nordic venture investors Inventure and Creades in 2018.