Zebrain to raise SEK 27 million from Sweden-based investors WiT Ventures.

Zebrain, a Stockholm, Sweden-based B2B SAAS provider of an educational service platform, announced completing a capital raise round closed at SEK 27 million ($3M).

The money was raised locally from Sweden from Wit Ventures.

Zebrain, founded in 2020 by Jessica Huge, Janne Sandgren, Gustaf Karling and CEO Anna Bloth Karling, developed a mobile platfom sold as a B2B SAAS and used for finding access to personal coaching courses. The service, which was launched at the beginning of 2021, consists of subscription-based software (SaaS) that employers offer their employees. The development is supported through individualized exercises and access to a matched coach via a self-developed video solution and chat. Zebrain's selected coaches are matched with the employees through their own behavioral algorithms for rapid confidence building and development, according to the company. It also says in 2021 it produced sales of roughly SEK 7 million ($770k).

Zebrain previously raised $1 million from local angel investors from Sweden, including Erik Selin, Anders Söderström, Simon Edström, Simon Gustafson and Pierre de Boer.