Stravito, a Stockholm, Sweden-based knowledge tech company, raised €5.6M in late seed funding.
Backers included henQ, Inventure and Creades.
The company intends to use the funds to further expand adoption of its solutions.
Founded in 2017 by iZettle executives Thor Olof Philogène, previously Growth and Chief Revenue Officer at iZettle and part of iZettle’s management team, and Sarah Lee, previously Business Lead, Card Payments and Commerce at iZettle, Stravito provides a SaaS based solution for global consumer packaged goods companies to gather and structure all their market intelligence.
Employees can work efficiently with insights and knowledge remains intact within the company even when employees move on.
Stravito’s SaaS solution is subscription-based and packaged in a consumer-level experience. The technical innovation behind the service uses natural language processing (NLP) and machine learning (ML) to quickly categorize and present relevant information.
The company, which had previously raised €2.1M, has 20 employees across its offices in Stockholm (head office), Malmö and Amsterdam.