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Exabel Raises $4.7m in Seed Funding

Oslo, Norway based financial monitoring startup has raised $4.7m in its second seed round. Investors include Vatne Equity, Andenæsgruppen, Sanden, Melesio Capital, Axan Invest, First Partners Holding 5, Holta Invest, and LT Invest.

“We are happy and grateful for the support,” says Founder & CEO Øyvind Grotmol. “We now have a strong foundation for taking Exabel to the next stage, with solid financing, a great team and the core technology in place. We look forward to stepping up our user-facing activities, starting with our pilot program launch this fall.”

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capital markets, financings