Zevoy announced raising €3.8 million from Maki VC and Brightly Ventures
Zevoy, an Espoo, Finland-based SAAS startup developing a B2B expense management solution, announced the completion of a €3.8 million ($4.5M) capital funding round.
The money was raised from VCs from the Nordic countries, namely Maki VC from Finland and Brightly Ventures from Sweden.
Zevoy, founded in 2020 by Ron Lindqvist, Aage Reerslev, Joakim Lundborg, Jonas Strahl and CEO Christoffer Rosqvist, develops a service for other companies combining an expense business card with a receipt scanning app and administration portal. The service is sold as a SAAS expense management solution.
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Brightly Ventures is backed by The Swedish Venture Initiative. The Swedish Venture Initiative is an initiative created by cooperation between Sweden and the European Investment Fund and financed under European Structural and Investment Funds.