Led · Equity · May 2026

PlayReplay develops electronic line-calling technology for tennis tournaments and has received backing from the USTA. Its system has earned the International Tennis Federation’s silver status required for second-tier tournaments. The USTA announced that all men’s and women’s hard-court tournaments on its entry-level ITF World Tennis Tour are using PlayReplay’s technology. PlayReplay’s pricing has been reported at about $3,500 per indoor court per year, positioned as a lower-cost alternative to systems like Hawk-Eye, which can cost nearly $100,000 to set up for one court. The company recently raised $12 million in a funding round led by Alfven & Didrikson with participation from Centre Court Capital, ExM Investment Partners and others. The articles do not provide additional operating metrics, revenue figures, or founding year.

Led · Equity · Jan 2025

Open Payments is a Swedish open banking platform that aggregates multiple bank APIs and ISO-based payment integrations into a single interface embedded in ERPs, payment providers and other financial applications. Its platform supports domestic and cross-border payments, account reconciliation, cash management, and same-day settlements. Recent product launches include cross-border payment capabilities with lower exchange rates and real-time access to rates to streamline bookkeeping. In 2024 the company achieved full coverage of the Dutch B2B banking landscape, forming a foundation for broader European expansion. Open Payments serves clients such as Monitor ERP, Treasury Systems, Juni Technologies, Bjorn Lunden and Speedledger. The company raised new funding to support continued growth, product development, and further expansion across Europe. Open Payments offers an Open Banking platform that shifts online banking functionality from banks to customers’ business systems and interfaces, enabling end users to approve and make secure, direct payments without logging into their online bank. The platform connects to commercial banks via API technology to enable services such as payments, account reconciliation, and cash management, and is designed to be embedded in client applications like ERP systems, payment providers, and fintechs. Its product is developed based on the European PSD2 directive. The company focuses on business-to-business (B2B) transactions and aims to support embedding online-banking functionality directly into clients' systems. Open Payments was founded in 2017 and is based in Stockholm and Vasteras, Sweden; CEO Louise Brandt previously held senior positions at Zettle by PayPal (formerly iZettle). The company plans to use recent funding to expand its European business reach and advance product development. Open Payments provides a modular Open Banking Platform that offers PSD2 API aggregation through a single, secure API, enabling businesses to integrate with banks and other financial services via pure APIs. The company is an FSA-licensed Payment Institute and allows third-party providers and business partners to develop products under their own brand while owning the user journey. Open Payments has launched services in Sweden and Finland and supports an ecosystem where partners can further enhance platform development. The company is led by CCO Louise Brandt and CEO Jonas Kjellin. It raised €3M in seed funding led by Industrifonden, with participation from existing investors Brightly Ventures, Luminar Ventures and angel investors. The firm plans to use the funds to grow the team and establish the platform across the Nordics and broader European market by the end of the year. Open Payments, founded in 2017 and based in Stockholm, has developed a PSD2 aggregated platform that initiates account-to-account payments and retrieves account information and transaction history on behalf of third-party providers with end-customer consent. The company exposes this functionality via a single API and provides a white-label development portal where third-party providers and business partners can build and deploy products under their own brand. Open Payments plans to grow its team and launch the platform across the Nordic and wider European markets. Its strategy emphasizes building an ecosystem of third-party providers and partners to enhance the development portal over time. Co-founders include former iZettle executive Louise Brandt (CCO) and Jonas Kjellin (CEO). The company raised seed capital to support team growth and market launch.

Participated · Equity · Apr 2023

Paligo is a cloud-native Component Content Management System (CCMS) that enables customers to author, manage, translate and publish technical documentation and knowledge assets. The product targets software, manufacturing, finance and insurance, and healthcare verticals and emphasizes reuse of structured content from a single source of truth. Paligo highlights architectural and deployment advantages that drive fast time-to-value, scalability, omni-channel publishing, collaboration and workflow features, and strong UI/UX. The company was founded in 2015 and serves enterprise and mid-market customers from offices in Sweden, Ireland and the United States. Paligo has grown quickly since inception and now has over 100 employees and serves 450+ customers globally. It plans to accelerate its product vision, expand its organization, and pursue international growth while embarking on an operational excellence path. Paligo provides an all-in-one, cloud-based content management and authoring platform for technical documentation. Its solution enables technical writers to collaborate globally and reuse content to ensure consistent, accurate documentation and reduce time to market. The company was founded in 2015 by Anders Svensson and Frank Arensmeier and also maintains an office in Ireland. Paligo received a growth investment from Alfvén & Didrikson; the amount was not disclosed. The funding is intended to ramp up sales, marketing, and customer success and to accelerate development of more innovative features. Tiyam Afshari and Ken Liebkind of Alfvén & Didrikson led the investment and will join the company’s board of directors.

Participated · Series C · Jul 2022

Founded in 2018 by Rob Jolly and Dannan O’Meachair, Onto is a London-based electric car subscription service. Its monthly subscription is all-inclusive of insurance, breakdown cover and free public charging at over 11,000 UK charging points. The service offers a wide range of electric cars, including models from Renault, Peugeot, Volkswagen, Audi and Tesla. Subscription prices start from £399 per month with no deposit and month-to-month flexibility to swap cars or end the subscription. With over 7,000 electric cars, Onto is the largest electric car fleet in the UK and is described as Europe’s leading electric car subscription service. The company plans to continue expanding its UK fleet with the latest electric car models. Onto offers an all-inclusive electric car subscription that lets motorists access EVs on a monthly basis. The subscription includes insurance, servicing and maintenance, 750 miles per month, and free public charging at more than 12,500 points via partners Shell Recharge, BP Pulse, InstaVolt and Tesla Supercharger. The company currently offers 18 models with subscriptions starting from £489 per month. In 2020 Onto launched Onto for Business; more than 100 companies now have over 600 vehicles via that subscription. Onto was founded in 2017 by Rob Jolly and Dannan O'Meachair and is based in London, UK. The company raised $60M in equity in a Series C to consolidate UK leadership and support expansion into Europe, beginning with Germany. Onto operates an all-inclusive electric vehicle subscription service in the U.K., offering home delivery, insurance, servicing and access to charging via partners such as BP Pulse, Tesla Supercharger, InstaVolt and Shell Recharge. The company currently rents out 12 EV models across partnerships with 10 car brands and runs a fleet of about 3,000 vehicles. Onto says it plans to double its fleet size every three to six months and will use new vehicles as collateral for financing. The business aims to expand within the U.K. and enter new markets, potentially including Sweden, per investor commentary. Pricing varies across the fleet (roughly £330–£1,299 per month depending on model) and Onto says it is very nearly profitable. The service is positioned as an alternative to ownership, bundling taxes, insurance and maintenance into a single subscription fee.

Led · Series C · Jun 2022

Mentimeter is an audience engagement platform (AEP) that turns passive audiences into active contributors through polls, comments, reactions and tools for the prepare, engage and follow-up stages of presentations and meetings. The product supports in-person, remote and hybrid settings and is used to boost inclusivity, productivity and decision-making. The company reports more than 280 million people have used the platform and cites 178% sales growth over the past two years alongside a more than 400% increase in enterprise customers. Mentimeter emphasizes anonymous engagement as a core value proposition, noting 71% of meeting participants want anonymous ways to engage. The company plans to invest the new funding into product development, enterprise sales and marketing and to expand into new geographic markets, including the United States.