Market Intelligence Startup Statzon Raises a 350k Seed Round
January 26, 2022
A Finnish startup operating in market intelligence, Statzon, has successfully secured a €350k seed funding round. The funding will be used for global expansion, scaling to new verticals and product development.
The round includes equity funding from new and existing investors, as well as a loan from Nordea Startup & Growth. The company raised investments from early-stage investors like Gorilla Capital and Aikainen, as well as angel investors.
Statzon has developed a unique subscription-based market intelligence platform, which enables access to market information and data from a large number of trusted research providers with a single search using a single platform. The company launched its platform at the end of 2020, initially with a vertical focus on robotics and automation industries, and its customers currently include many of the world’s top industrial automation and robotics companies.
“In 2021 Statzon got great traction from the market. They have a highly scalable business model, which is why I wanted to join this venture as an investor. I believe in the team’s vision to build a market leading solution to help people find the highest-quality and the most profound market information easily and quickly,” commented Markus Halttunen, co-founder of Small Giant Games and one of Statzon’s new angel investors.
“The importance of data is increasing, and Statzon has an interesting model in selling this ‘new oil’. After discussions with Kimmo, I was convinced that besides selling data, they also base their decisions on data and it was easy to commit to the funding round,” comments Otso Laakkonen, founder of Aikainen and a FiBAN angel.
“We had a great 2021 and found a scalable business model with our initial vertical focus on robotics and automation. We are now ready to start growing faster and scale our unique model to new verticals. Our team is super motivated to continue working towards our long-term goal – building the easiest and quickest way to access necessary market information and to become the global market leader by 2030,” says Kimmo Kuokkanen, CEO and co-founder of Statzon.