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8 investors discuss Stockholm s maturing startup ecosystem

Sweden's initially laissez-faire approach to controlling COVID-19 might have helped its tech ecosystem ride out the uncertainty. Several people we spoke to said they saw green shoots regarding revenue growth and retention in their portfolio companies as founders adapted to the pandemic. Areas that are benefitting include digital health and remote work for obvious reasons, but given Sweden's strength in fintech and gaming, those sectors are both well positioned to thrive.

Sweden s Insurely raises €2 5 million, preparing open insurance trend

Swedish open insurance platform Insurely said it ha s raised 2.5 million euros in a funding round led by local venture capital firm Luminar Ventures to support its continued growth by recruiting new talent and expanding operations to more markets in Europe. Insurely says its mission is to digitize the insurance market in Sweden and beyond by introducing innovative API’s and easy-to-use solutions for Open Insurance. With Insurely’s solutions, companies can create effective services for switching insurance contracts, as well as enabling insurance in their personal finance management apps and more. “With Open Insurance taking off, I expect us to grow our business by as much as five times this year alone. We´re also looking to double our team with new recruits,” said

8 investors discuss Stockholm s maturing startup ecosystem – TechCrunch

8 investors discuss Stockholm’s maturing startup ecosystem All in all, tech is in a good position In the realm of European startup ecosystems, Sweden largely Stockholm ranks very close to the behemoths of London, Paris and Berlin. And with 10 million people, the nation certainly punches above its weight, having produced unicorns such as Spotify and Klarna, to name only two. As a result, the eight investors we surveyed are characteristically bullish about the future, despite a pandemic strategy that became more restrictive in the second half of last year. Sweden’s initially laissez-faire approach to controlling COVID-19 might have helped its tech ecosystem ride out the uncertainty. “Sweden is more open and is ahead of the pandemic curve, so more people are coming here than the other way around,” said Jacob Key, founding partner with Luminar Ventures.

Swedish Open Insurance platform Insurely secures €2 5 million in new funding

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Swedish Open Insurance platform Insurely secures €2.5 million in new funding 18 February 2021 Source: Insurely Insurtech company, Insurely striving for global leadership within Open Insurance announces it has successfully secured EUR 2.5 million in new funding. The financial round was led by well-renowned Swedish Venture Capital firm, Luminar Ventures. The new funding will support Insurely s continued growth by recruiting new talent and expanding operations to more markets in Europe. Insurely is on a mission to digitize the insurance market in Sweden and beyond by introducing innovative API’s and easy-to-use solutions for Open Insurance. With Insurely’s solutions, companies can create effective services for switching insurance contracts, as well as enabling insurance in thei

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