NEWS2 September 2021

Funding for knowledge management business Stravito

Europe FMCG News Technology

SWEDEN – Knowledge management company Stravito has raised €12.4m (approximately $14.6m) in a Series A funding round and appointed Reckitt Benckiser’s Elaine Rodrigo to its board.  

thor olof philogene

Stockholm-based Stravito plans to use the additional capital to develop more products and expand globally, with a focus on the US market.

Founded in 2017, Stravito’s platform is used to centralise and organise organisations’ internal and external market research and data. Clients include Carlsberg and Danone.

Endeit Capital led the funding round with additional investment from existing investors HenQ, Inventure and Creades.

Endeit Capital partner Jelle-Jan Bruinsma also joins the company’s board of directors along with Elaine Rodrigo, chief insights and analytics officer at Reckitt Benckiser.

Bruinsma said: “The company has developed a world-class platform that enables employees to leverage research and insights to make better business decisions.”

Thor Olof Philogène, chief executive and co-founder, Stravito (pictured), said: “We are pleased to welcome Jelle-Jan and Elaine to the Stravito board. I’m confident their expertise will help us as we continue to pursue our goal of simplifying knowledge discovery.”