About Findity
Findity is a company based in Stockholm (Sweden) founded in 2011 by Jens Joffer, Patrick Olsson, and Per Einarsson.. Findity has raised $15 million across 2 funding rounds from investors including Creades, Johan Blomquist and Niklas de Besche. Findity offers products and services including Expense API, White label expense management, Expense claims, and Mileage tracking. Findity operates in a competitive market with competitors including Ramp, Navan, Brex, Spendesk and Concur, among others.
- Headquarter Stockholm, Sweden
- Founders Jens Joffer, Patrick Olsson, Per Einarsson
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Sectors
Travel & HospitalityTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$10.04 M (USD), Series B
Aug 10, 2022
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Investors
Creades
& 2 more
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Employee Count
Employee Count
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Products & Services of Findity
Findity offers a comprehensive portfolio of products and services, including Expense API, White label expense management, Expense claims, and Mileage tracking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
API for building custom expense management integrations.
Platform for launching branded expense apps quickly.
Tool for real-time reporting and approval of expenses.
Service to automatically calculate and track mileage.
Unlock access to complete
Funding Insights of Findity
Findity has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10.04 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $10.0M
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First Round
First Round
(16 May 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series B - Findity | Valuation |
investors |
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| May, 2022 | Amount | Angel Round - Findity | Valuation | Johan Blomquist , Niklas de Besche |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Findity
Findity has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Creades, Johan Blomquist and Niklas de Besche. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments in SMEs are managed by the firm.
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Founded Year | Domain | Location | |
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JB
Johan Blomquist |
Angel investor focusing on Indian startups, background in tech and finance.
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Founded Year | Domain | Location |
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ND
Niklas de Besche |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Findity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Findity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Findity Comparisons
Competitors of Findity
Findity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ramp, Navan, Brex, Spendesk and Concur, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Spend management and accounts payable solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
Corporate travel and expense management are facilitated through SaaS platform.
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| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Corporate travel expenses and invoices are managed via SaaS platform.
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| domain | founded_year | HQ Location |
SaaS expense management solutions for business travel are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Findity
Frequently Asked Questions about Findity
When was Findity founded?
Findity was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is Findity located?
Findity is headquartered in Stockholm, Sweden.
Who is the current CEO of Findity?
Patrick Olsson is the current CEO of Findity. They have also founded this company.
Is Findity a funded company?
Findity is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $4.96M, raised on May 16, 2022.
What does Findity do?
Findity was established in 2011 in Stockholm, Sweden, within the financial software sector. Cloud-based tools for accounting and expense management are delivered to support business operations. Key services encompass payroll processing, expense tracking and reporting, mileage computation and claims, alongside card-based solutions. These offerings are designed to handle routine financial tasks across various company sizes.
What products or services does Findity offer?
Findity offers Expense API, White label expense management, Expense claims, and Mileage tracking.
Who are Findity's investors?
Findity has 3 investors. Key investors include Creades, Johan Blomquist, and Niklas de Besche.