Fundrella secures venture capital funding

Fundrella, the fund reporting platform, today announced that it has secured funding from VEQ, a venture capital firm. The injection of capital will play an important role in accelerating the company’s growth.

The company says that the recent funding round of SEK 7 million, led by venture capital firm VEQ, reflects the market’s recognition of Fundrella’s innovative platform. The additional capital will be used to accelerate the company’s global expansion, enhance functionalities and expand the team.

Fundrella was launched in 2019 in a bid to streamline standardised reporting by fund companies to professional investors. It has since evolved into a qualitative fund information platform to support the fund selection process between fund companies and professional investors. “We are very excited to announce this significant milestone for Fundrella. This investment is a testament to the potential of our platform and our vision to completely disrupt the way new connections are made between professional investors and asset managers. With this new capital, we will be able to rapidly scale our team, enhance our technology and expand our user
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