Portfolio Review Q1 2020

Investment Activity

Two new investments were made during Q1: into Taimer and into Jeff App.

Taimer is an all-in-one business management solution with solid track record with Finnish professional services companies like marketing agencies, engineering firms, consultancies, and law firms. The company will use the raised funds to drive its international expansion. The round was syndicated with a group of angel investors and Trind VC.

Jeff App is a FinTech company, banking the unbanked in South East Asia. As a winner of the sTARTUp Day funding program, the company received an investment from a syndicate of international angel investors.

In addition, two follow-up investments were made into Innomost and OGOship.

Portfolio Highlights

OGOship, a company offering the full life-cycle management for outsourced logistics from order pick&pack processes to warehousing and returns, closed 1.5 mEUR funding from Maki.vc to expand its worldwide network for e-commerce. You can read more about the round here.

Oppobot, a digital concept testing tool that gets you valid answers overnight, rebranded itself and became Cambri.

PromoRepublic, a company helping brands to connect with local audiences on social media, hit 1 mUSD annual recurring revenue.

Electric mobility company Skand was ranked 13th in the Deloitte Technology Fast 50, a list of the 50 fastest-growing technology companies in Finland.

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