Sunday, December 15, 2024

Funnel: Closes $47M Series B Funding Round

Funnel: Closes $47M Series B Funding Round

  • Funnel, a Stockholm, Sweden-based provider of a marketing data platform for businesses, raised $47 in Series B funding
  • Leading the round is Eight Roads Ventures and F-Prime Capital, with participation from existing investors
  • The company intends to use the funds to accelerate its plans in the U.S., invest in its teams
  • The company has 140 employyes in Boston and Stockholm
  • It also will invest in its technical teams to further its vision of “creating a single source of truth of marketing, sales and other commerce data”
  • Founded in 2014 by Fredrik Skantze and Per Made, who are also behind Facebook advertising tool Qwaya

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