Hypertype, a Stockholm, Sweden-based martech startup, has secured SEK 7 million in funding. 

Investors 

The round was led by Butterfly Ventures and Bust, with participation from other investors like Bling Capital and notable angels including Margaux Dietz and Baltsar Sahlin. 

Butterfly Ventures, founded in 2012, is a seed-stage focused venture capital firm in the Nordics. With offices in Helsinki, Oulu, Stockholm, Tallinn, and Copenhagen, they specialize in investing in pre-seed and seed-stage startups across the Nordics and Baltics. 

Founded in 2022, Bust is a family-office-backed VC investment firm based in Stockholm. The firm is an early-stage investor and brand builder in the Nordics. 

Hypertype Use of Funds 

The company plans to scale operations, enhance its technology, and broaden its market reach. 

About Hypertype 

Founded in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype specializes in AI-powered automation for customer communication. Their technology focuses on enhancing interactions between customer support representatives and clients by simplifying the process of accessing and utilizing company-specific information. As of now, Hypertype already has over 200 paying companies.

Funding Details        

Company: Hypertype AB  

Raised: SEK 7.0M                                

Round: Unknown    

Funding Month: July 2024                                                                                                        

Lead Investors: Butterfly Ventures, Bust  

Additional Investors: Bling Capital, Margaux Dietz, Baltsar Sahlin  

Company Website: https://www.hypertype.co/   

Software Category: Customer Communication  

Source:  https://tech.eu/2024/07/03/swedish-martech-hypertype-scores-600-000/