Limina, a Stockholm, Sweden-based company which specializes in cloud-native investment management solutions, raised $3M in Series A funding.
The round was led by Industrifonden with participation from STOAF SciTech, Vidici Ventures, Almi Invest and Justin Wheatley.
The company intends to use the funds to further product development and strengthen its expert-led services organization that complements its technology solution.
Led by founder Kristoffer Fürst and CEO Ulf Svensson, Limina provides a customizable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, which provides order-raising workflows, pre-trade compliance and real-time portfolio insights.
The company has delivered triple digit growth since 2019, with new client contracts including Alquity and Lannebo.