Tech Company Financing Transactions
Onomondo Funding Round
Onomondo, based in Copenhagen, raised $21 million from Verdane Capital and Maersk Growth.
Transaction Overview
Company Name
Announced On
7/5/2022
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Investors
Verdane Capital (Lead Investor) (Pål Malmros)
Proceeds Purpose
The funding will accelerate the company's growth in Europe with plans to triple Annual Recurring Revenue (ARR) in 2022 and 2023 to expand its customer base, which currently includes the likes of Bosch, Carlsberg, and Maersk.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
Gothersgade 14
Copenhagen, 1123
Denmark
Copenhagen, 1123
Denmark
Phone
Website
Email Address
Not Recorded
Overview
Onomondo helps new and existing IoT solutions to grow with seamless, global cellular connectivity and innovative IoT tools. Future-proof your solution with full data transparency, unparalleled flexibility, and no third parties. Streamline IoT development and operation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Karlsen
Chief Technical Officer
Henrik Aagaard
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