Gilion, a Stockholm-based company, has raised €10 million in equity funding, bringing their total raised funds to €40 million. Their investors include both existing supporters like Annika Falkengren and new backers such as Oscar Werner, Göran and Henrik Garvner, and Andrew Konopelski. Gilion’s core mission is to support tech companies by providing them with insights into their performance and offering long-term, non-dilutive loans. With this new funding, Gilion plans to enhance its platform and expand its reach, aiming to revolutionize tech company financing with more flexible options and drive innovation worldwide.
“In today’s economy, founders increasingly require diverse funding options tailored to their unique needs. By adding debt to their cap table founders get an additional, and different, funding partner that can reduce dilution of the best companies, and provide funding in times equity owners may not. This is very strategic for all companies.”, says Oscar Werner, CEO at Gilion. “Securing this new round of funding for Gilion, in the current market climate, is a huge testament of trust in our business and that we’re on the path of building something special.”
Gilion, formerly Ark Kapital, provides tech companies with updated insights into their historical and future performance through their proprietary analysis tool, Gilion Scores. This allows them to offer long-term, non-dilutive loans to growth-stage companies, with flexible repayment options. In 2023, Gilion expanded its operations to include Sweden, Germany, Denmark, and Finland. The company aims to democratize access to analytics resources for startups, offering tools like pre-made SaaS dashboards, benchmarking, advanced AI forecasting, cohort- and retention analysis. Backed by notable investors, Gilion’s innovative product suite is seen as a game-changer in debt financing and the wider startup funding ecosystem, providing critical funding tailored to the specific needs of tech businesses to fuel innovation.
“With our growth analytics platform, we’re dedicated to democratizing access to the analytics resources traditionally reserved for larger companies,” says Henrik Landgren, CPTO, and co-founder at Gilion. “Our innovative tools, including pre-made SaaS dashboards, benchmarking, advanced AI forecasting, cohort- and retention analysis, level the playing field for startups – empowering them to achieve long-term success while retaining ownership.”
“The pace of innovation that Gilion has shown over the past two years is truly remarkable, and I believe their product suite is a game-changer in debt financing and the wider startup funding ecosystem,” says Andrew Konopelski, Investor and former Head of EQT Credit. “With more flexible financing options, tech companies around the globe will be able to access critical programmatic funding that is designed for the specific needs of their business and will fuel innovation in ways that haven’t existed before.”
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