Claimlane, a Copenhagen, Denmark-based returns and claims management platform for furniture and lifestyle brands, raised €1.8 million in seed funding.
Investors
The round was led by Vendep Capital, with participation from existing angel investors including Nicolaj Reffstrup, the founder and former CEO of GANNI.
Vendep Capital is a Finnish venture capital firm investing in early-stage B2B SaaS companies across the Nordics and Baltics. The firm manages assets of over €111 million and is dedicated to supporting startups that create innovative platforms with the potential to transform their respective industries.
Claimlane Use of Funds
The company will use the funds to support its international expansion, particularly into Europe and the UK, and enhance its platform's integration with brands' backend systems to automate processes and save time.
About Claimlane
Claimlane provides a returns and claims management platform designed for furniture and lifestyle brands. The company aims to automate communication and processes throughout the entire value chain. Claimlane has recently opened its UK office, hired the first boots on the ground, and secured its first UK customers, including FFX, The Hut Group, and Cult Furniture.
Funding Details
Company: ClaimLane ApS
Raised: €1.8M
Round: Seed Round
Funding Month: May 2024
Lead Investors: Vendep Capital
Additional Investors: Nicolaj Reffstrup
Company Website: https://www.claimlane.com/
Software Category: Environmental Transition Solutions
Source: Emil Dalgaard