Junipeer raises a further 5 million sek to fuel growth and innovation
Stockholm 2024-12-18: No more than 7 months since the last capital round Junipeer has added another 5 MSEK in capital to its coffers; providing the firm with further fuel to drive innovation and the delivery of new features, as well as international expansion plans.
The funds comes from a new investor in addition to Anders Lundström who made his first investment in Junipeer and sister company Nordic Web Team in January 2023. As of now our new private investor wants to remain anonymous.
The new funds will be invested in further growth and expansion into new markets.
Founded in march 2020, Junipeer offers a range of e-commerce industry integrations and services that help clients including A Retro Tale, Varsity Headwear, Bread & Boxers, Blaest, We are Glas, Rauma Garn, Holzweiler, MinoMarket, A-DSGN, Hestra connect various systems such as ERP, CRM, and payment solutions, ultimately streamlining their technology stack and overall operations.
Junipeer saw a steep growth in sales in 2024 with a steady stream of new customers all year. Norway became our second best market with a lot of amazing fashion brands joining Junipeer.
Except for a large number of new customers and partners the platform evolved and now include all the leading ERP's, payment providers and e-commerce platforms in the Nordics.
On the new capital, CEO Jonas Wärngård commented:
“This latest investment positions Junipeer for even stronger growth in 2025, with our platform being established as the most effective solution on the market in Scandinavia to seamlessly integrate systems with minimal effort.”
The new funds will be invested in further growth activities in new and existing markets and more development of the Junipeer platform.
More info:
Mikael Olsson
Head of SEO, Marketing, PR, Partnerships & Growth
mikael@junipeer.io