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Thursday, May 19, 2022

Caroline Farberger joins Swedish financial services company Wellstreet

Caroline Farberger, a well-known executive in the finance industry, is joining Wellstreet, an important early-stage investor with a significant impact on the Nordic startup scene.

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Wellstreet

Wellstreet is a Swedish financial services company that was founded in 2016. The company focuses on investing in promising startups during their early-stages. The company has played a role in the successes of Tibber, DanAds, Regily, Scrive, and roughly 30 more companies.

With its launch of Scandinavia’s largest tech and innovation hub in Stockholm and announcing its planned expansion to Gothenburg, the company shows its dedication to establishing itself as an important name in the Nordic tech scene. Also, with this new appointment, we can see Wellstreet’s dedication to growing and expanding in its field.

Caroline Farberger is now joining Wellstreet as partner and working chair. She will take up her new position later this spring in connection with the Annual General Meeting. Farberger said that it has an exciting portfolio that it has already established. Then she added: “I look forward to raising the level of ambition, growing our network with a special emphasis on inclusion and diversity in ownership, as ownership is the very basis of power in business.

Farberger will play a role in broadening Wellstreet‘s business network

Caroline Farberger has more than 30 years of experience in the financial services sector. After starting her career in McKinsey & Company, a management consulting firm serving worldwide, Farberger had senior positions in important companies in Sweden. Then in 2016 she became the CEO of ICA Insurence. She is now becoming one of the members of Wellstreet’s leadership team, where she will play a prominent role in the expansion of the company’s business network.

About this new appointment and their new member of the leadership team, Mikael Wintzell, the co-founder and CEO of Wellstreet, has stated that Farberger possesses two important traits that an entrepreneur should have: courage and persuasion. Then he went on to add:

“When combined with her solid experience leading operations and strategies, she brings to Wellstreet a new dimension that will enable us to better support growth-stage companies.”

Check out other Funding News!

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Sena Konakci
Sena Konakci
A true free spirit, Sena (she/her) spent a substantial part of her life travelling the world and was working for successful startups in many different fields along with writing for local newspapers and magazines for over two decades. With a knack for detecting promising businesses and years of experience under her belt, Sena has decided to focus her attention on writing about startups. Aside from following the newest developments in the startup scene of the Nordic countries, she loves volunteering and camping in her spare time.

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