Stravito Raises €12.4M in Series A Funding
- Stravito, a Stockholm, Sweden-based knowledge management solution to enable access to market research and insights, raised €12.4m in Series A funding
- The round was led by Endeit Capital with participation from existing investors HenQ, Inventure and Creades
- In addition to the funding, Elaine Rodrigo, Chief Insights & Analytics Officer at Reckitt Benckiser, joined its board of directors
- The company, which has raised €20.1m ($23.7m USD) in total funding, intends to use the funds to accelerate product development and to expand globally
- The company prtovides organizations with an automated cloud service to centralize internal and external data sources, organize research and data
- Users include global organizations such as Carlsberg, Edwards Lifesciences, Pepsi Lipton, Danone, Electrolux and Comcast
