Team Tailor to get $5.2M from Sprints Capital.

Teamtailor, a Stockholm, Sweden-based developer of a SAAS for human resources departments, announced in a press release the completion of an capital investment raise of SEK 50 million ($5.2M).

The money was provided by investors including Sprints Capital.

Teamtailor, founded in 2013 by Erik Andersson, David Wennergren and Richard Johansson, developed an all-inclusive software tool helping with marketing, candidate relationship management and recruitment. The tool is in use by more than 2,500 companies including Daniel Wellington, Boozt, Izettle and Kry, which in 2018 generated a turnover of SEK 43.5 million ($4.5M).