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.

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