Gilion secures €10m equity to expand Growth & Funding Platform
By Gloria Methri
Gilion, the Swedish Growth & Funding platform, has closed a €10 million equity funding round, bringing the total equity raised to €40 million.
The new round includes a mix of existing investors, such as Annika Falkengren, former CEO at SEB and former Managing Partner at Lombard Odier, as well as new investors.
Notable among the newcomers are Oscar Werner, recently appointed CEO at Gilion, Göran and Henrik Garvner, investors and founders of SignUp Software, and Andrew Konopelski, investor and former Head of EQT Credit.
“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 the dilution of the best companies and provide funding in times when equity owners may not. This is very strategic for all companies,” said 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 empowers tech companies by providing access to always-updated insights into their historical and future performance. Its proprietary analysis, Gilion Scores, and predictions serve as the engine enabling Gilion to provide access to long-term, non-dilutive loans to growth-stage companies. The company can offer Growth Loans with up to 2 years of interest-only periods before amortization starts and up to 6 years to repay the loan. In 2023, Gilion expanded its operations to include Sweden, Germany, Denmark, and Finland.
“With our growth analytics platform, we are dedicated to democratizing access to the analytics resources traditionally reserved for larger companies,” said 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.”
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