About Froda
Froda is a company based in Stockholm (Sweden) founded in 2015 by Martin Roxland, Marcus Mossberg, Olle Lundin, and Oliver Mohseni.. Froda has raised $25.15 million across 3 funding rounds from investors including Svea Ekonomi, Incore Invest and CNI Nordic. Froda offers products and services including Företagslån and Sparkonto.
- Headquarter Stockholm, Sweden
- Founders Martin Roxland, Marcus Mossberg, Olle Lundin, Oliver Mohseni
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Froda Ab
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Annual Revenue
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Net Profit
$-1.5 M (USD)-286as on Dec 31, 2021
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EBITDA
$-1.5 M (USD)-286as on Dec 31, 2021
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Total Equity Funding
$25.15 M (USD)
in 3 rounds
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Latest Funding Round
$22.7 M (USD), Series B
Apr 23, 2025
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Investors
Svea Ekonomi
& 2 more
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Employee Count
Employee Count
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Products & Services of Froda
Froda offers a comprehensive portfolio of products and services, including Företagslån and Sparkonto. 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.
Offers tailored business loans with transparent pricing and quick approvals.
Provides savings accounts for secure business funding options.
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Funding Insights of Froda
Froda has successfully raised a total of $25.15M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $22.7 million completed in April 2025. 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 3
- Last Round Series B — $22.7M
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First Round
First Round
(03 Oct 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Froda | Valuation | Incore Invest |
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| Feb, 2022 | Amount | Seed - Froda | Valuation | CNI |
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| Oct, 2017 | Amount | Seed - Froda | Valuation |
investors |
| 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 Froda
Froda has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Svea Ekonomi, Incore Invest and CNI Nordic. 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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Growth stage investments are facilitated by Incore Invest.
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Founded Year | Domain | Location | |
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Late-stage investments are focused on Nordic tech startups.
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Founded Year | Domain | Location | |
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Business and consumer loans are provided to clients.
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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 Froda
| 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 - Froda
| 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 |
Froda Comparisons
Competitors of Froda
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Froda
Frequently Asked Questions about Froda
When was Froda founded?
Froda was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Froda located?
Froda is headquartered in Stockholm, Sweden.
Who is the current CEO of Froda?
Olle Lundin is the current CEO of Froda. They have also founded this company.
Is Froda a funded company?
Froda is a funded company, having raised a total of $25.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.45M, raised on Oct 03, 2017.
What does Froda do?
Provider of an online platform for business loans. It provides an online platform for applying for and checking loan rates. Enables businesses to make early repayment of loans. Offers loans to retailers, cafés and restaurant owners, hairdressers, and more.
What products or services does Froda offer?
Froda offers Företagslån and Sparkonto.
Who are Froda's investors?
Froda has 3 investors. Key investors include Svea Ekonomi, Incore Invest, and CNI Nordic.