Winningtemp, a Gothenburg, Sweden-based employee engagement startup, raised €15.1M in Series B funding. The round was co-led by London’s Frog Capital and Stockholm-based Bonnier Ventures. In conjunction with the funding, Shirin Dehghan, Frog Capital Operating Partner, joined as Chairperson and will sit on Winningtemp’s board.
“We are experiencing unprecedented demand,” said Pierre Lindmark, CEO, who co-founded Winningtemp in Gothenburg in 2014. “We have a strong competitive edge given our AI and science-based approach. Employee engagement is only going to grow in importance, with companies coming out on top over competitors because of their approach to culture and by building a team of people who feel passionate about who they work for. Frog Capital and Bonnier Ventures have really understood this and will be a great support with our next phase of expansion.”
The company intends to use the funds to accelerate international expansion, specifically to the United States.