Viio, a Copenhagen, Denmark-based intelligent spend management platform, has raised over €3.3 million in funding.
Investors
The round was led by North Ventures, with participation from notable figures including Christian Kromann, CEO of SimCorp; Klaus Holse, Chairman of the Board at Danish Industry; Susanne Bechmann Holse; Ulrik Bo Larsen, former CEO of Brandwatch; and Ole Andersen, former Nordic Director of Apple.
Founded in 2019, North Ventures is a venture capital investment firm based in Copenhagen, Denmark, that assists experienced and ambitious entrepreneurs in building innovative businesses. The firm prefers to invest in Danish growth companies.
Viio Use of Funds
The company will use the funding to accelerate its ambitious growth plans and support its expansion goals, particularly in the UK and across Europe.
About Viio
Founded in 2020 by Michael Fornander, Oliver Quittek, Morten Christoffersen, and Karsten Bek Hurup, Viio provides an intelligent spend management platform designed to help businesses optimize their software and SaaS (Software as a Service) spending. Viio also offers consultancy services to negotiate better prices and select which licenses to cancel. Their clients include Convex Insurance and Populous. The company’s mission is to redefine how businesses plan, manage, and optimize their software investments.
Funding Details
Company: Viio Technologies ApS.
Raised: €3.3M+
Round: Unknown
Funding Month: June 2024
Lead Investors: North Ventures
Additional Investors: Christian Kromann, Klaus Holse, Susanne Bechmann Holse, Ulrik Bo Larsen, Ole Andersen
Company Website: https://viio.io/
Software Category: Spend Management
Source: https://www.eu-startups.com/2024/06/copenhagen-based-viio-raises-over-e3-3-million-to-tackle-unnecessary-software-subscriptions/