Tech Company Financing Transactions
Montonio Funding Round
Montonio closed a $11.9 million Series A funding round on 4/12/2022. Investors included Index Ventures, ff Venture Capital and Tera Ventures.
Transaction Overview
Company Name
Announced On
4/12/2022
Transaction Type
Venture Equity
Amount
$11,900,000
Round
Series A
Investors
Proceeds Purpose
Part of the fresh capital will go towards the company's launch of its offering in Poland and adding to its existing presence in Estonia, Latvia and Lithuania. Montonio also is planning to expand its workforce across Europe.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Staapli tn 12-13
Tallinn, 10412
Estonia
Tallinn, 10412
Estonia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of e-commerce and in-store point of sales solutions software designed for transparency in customer financing. The company's software uses technology to make it convenient to apply for hire purchases on the web and in the shop, enabling businesses to reduce lost sales, save service time, and speed up the on-demand application process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Markus Lember
Chief Marketing Officer
Rasmus Vaino
Chief Operating Officer
Karel Nappus
Chief Technical Officer
Kristofer Turmen
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About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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