Younium raises SEK 34 million from Partinc Capital

Younium, a Stockholm, Sweden-based software startup developing a SAAS solution used for handling advanced customer subscriptions, subscription invoicing as well as subscription products and pricing, announced completing a SEK 34 million ($3.8M) equity raise.

The money was raised from local investors from Sweden Partinc Capital and will be used primarily for international expansion.

Younium, founded in 2017 by CEO Niclas Lilja and Fredrik Spira, developed a subscription and billing management software platform heloing other companies handle the full life cycle of their subscriptions. The tool streamline subscription management, invoicing/billing, financial reporting, and data insights and enable users to have full control of subscriptions. Customers include Kognity, Technia and Quinyx.