Freespee Closes €3.3M Financing

Freespee, a Uppsala, Sweden-based provider of call-based advertising technology and services, has closed a €3.3m financing round.

The round has been led by Sunstone Capital, with participation from existing investor Inventure.

The company intends to use the funding to continue to grow by adding customer development and support resources, establishing commercial headquarters in London, and expanding its development center in Uppsala, Sweden.

Founded by CEO Carl Holmquist, Freespee provides advertisers and developers with click-to-call analytics solutions for converting mobile audiences into revenues.
The company, which is already present in 15 countries (it also has offices in Helsinki) reaching over 35,000 business advertisers, is now launching Freespee Ads, a tool that connects enterprises and business owners with mobile consumers in real time.

In conjunction with the funding, Nikolaj Nyholm, Partner at Sunstone, has also joined Freespee’s board of directors.

The company is currently hiring (



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