Swedish Pre-Launch Startup Juni Raises €2M From Cherry Ventures
- E-Commerce , Investment
- 20.11.2020 09:57 am
Juni, banking tailor made for the marketing and e-commerce ecosystem, has just secured €2M in seed round filled almost in its entirety by Cherry, an early stage venture fund that champions founders in Europe. As a partner, Cherry will bring years of expertise in evolving e-commerce and fintech startups like Zalando and spotify.
In addition to Cherry, Juni has finished up its funding round with two more angel investors: Jarno Vanahatapio, founder of NA-KD.com, and Johan Bendz, founding team and responsible for communications at iZettle.
Positioning itself as a financial companion for digital entrepreneurs, Juni was founded in 2020 by Anders Orsedal (CTO) and Samir El-Sabini (CEO). Core functions of it include:
● Track your funds and cash flow in one dashboard;
● Get daily financial updates to your Slack or email;
● Reduce workload by fetching invoices from Facebook Ads, Google Ads and your Gmail and match them with your transactions;
● 0,75% cashback;
● Card credit based on total balance and incoming revenue.
Juni is set to launch completely in 2021. Meanwhile, you can signup for the waiting-list to be first in line at launch.