Upodi secured capital investment from Susanne Brønnum

Denmark Investments 25 September 2019
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Upodi, an Aarhus, Denmark-based developer of subscription management software solutions, announced adding Susanne Brønnum as an investor of the company.

The deal, which has the financial details undisclosed, involves that Susanne Brønnum will join the chairman and co-owner Mogens Elsberg and Rasmus Foged in the board of directors.

Upodi, founded in 2015 and led by CEO Rasmus Foged, built a cloud platform that automates the management and financial transactions of companies with subscription-based business models. The company has 10 employees and works with 60 customers using their subscription solution in different industries.

Upodi is backed by SEED Capital, which funded the company in 2017.