Finnish market intelligence startup raises €350k seed round

Statzon, a Finnish market intelligence startup, has announced that it has completed a €350k seed funding round. The company raised investments from early-stage investors like Gorilla Capital and Aikainen, as well as angel investors, along with a loan from Nordea Startup & Growth.

Statzon was founded in 2018 as a computer software company with a focus on robotics and automation. With an aim to help customers make better strategic plans and faster decisions, the company provides access to up-to-date data, forecasts and insights quickly and in a cost-efficient way. Statzon’s unique subscription-based market intelligence platform enables access to 200+ trusted industry and technology data and insight providers using a single platform while giving the user access to +1M datasets, market reports and company profiles on around 8,000 topics, industries and technologies globally.

Kimmo Kuokkanen, co-founder and CEO of Statzon, said that they had a great 2021 and they are now ready to start growing faster. He also added that their team is super motivated to continue working towards their long-term goal, which is “building the easiest and quickest way to access necessary market information and to become the global market leader by 2030”.

With a highly scalable business model, Statzon got great traction from the market

According to one of Statzon’s new angel investors, Markus Halttunen, the company got great traction from the market in 2021 and it has a highly scalable business model. He also added that he believes in the team’s vision to build a solution to help people find high quality and profound market information easily and quickly.

Otso Laakkonen, the founder of Aikainen, has commented: “The importance of data is increasing, and Statzon has an interesting model in selling this ‘new oil’. After discussions with Kimmo, I was convinced that besides selling data, they also base their decisions on data and it was easy to commit to the funding round.

About the funding round, Laura Kaunisto, who is responsible for Nordea Startup & Growth customers, has stated that Nordea Startup & Growth is happy to leverage this fresh funding round and they see several scalable business possibilities going forward on top of the existing target sectors, regarding the data network. Kaunnisto also added:

“Statzon has strong business competence and its overall history supports future prospects.”

Originally published on ArcticStartup : Original article

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