Hypertype, a Stockholm, Sweden-based martech startup, has secured SEK 7 million in funding.
Investors
The round was led by Butterfly Ventures and Bust, with participation from other investors like Bling Capital and notable angels including Margaux Dietz and Baltsar Sahlin.
Butterfly Ventures, founded in 2012, is a seed-stage focused venture capital firm in the Nordics. With offices in Helsinki, Oulu, Stockholm, Tallinn, and Copenhagen, they specialize in investing in pre-seed and seed-stage startups across the Nordics and Baltics.
Founded in 2022, Bust is a family-office-backed VC investment firm based in Stockholm. The firm is an early-stage investor and brand builder in the Nordics.
Hypertype Use of Funds
The company plans to scale operations, enhance its technology, and broaden its market reach.
About Hypertype
Founded in 2021 by Teenie Fung and Beatrice Baltscheffsky, Hypertype specializes in AI-powered automation for customer communication. Their technology focuses on enhancing interactions between customer support representatives and clients by simplifying the process of accessing and utilizing company-specific information. As of now, Hypertype already has over 200 paying companies.
Funding Details
Company: Hypertype AB
Raised: SEK 7.0M
Round: Unknown
Funding Month: July 2024
Lead Investors: Butterfly Ventures, Bust
Additional Investors: Bling Capital, Margaux Dietz, Baltsar Sahlin
Company Website: https://www.hypertype.co/
Software Category: Customer Communication
Source: https://tech.eu/2024/07/03/swedish-martech-hypertype-scores-600-000/