Participated · Equity · Sep 2019

Capcito provides an automated digital platform offering factoring, invoice discounting and business loans to SMEs. Its credit assessment is automated and calculates available credit instantly using real-time data from invoice or accounting software. The platform has connected about 6,000 businesses, giving them access to pre-approved credit facilities. Approximately €80m has been paid out to businesses through the automated financing platform. The company plans to use new funding to drive international expansion and further sharpen its digital product. Capcito was founded to streamline SME access to working capital through automation and integrations with accounting tools.

Led · Debt Financing · Feb 2017

24 Storage operates a digital marketplace for customers to find and rent storage units. The company plans to further digitize its service so customers can complete the entire rental process online. Management says the funds will be used to expand operations in Sweden and to improve the company’s platform. The raise consisted of both venture capital and bank financing, strengthening the company’s financial position for domestic growth. CEO and co‑founder Michael Fogelberg framed the round as a major milestone that will help the company become much bigger in Sweden. No operating metrics were disclosed in the article.