EQT Ventures leads $16.1m series-B for Verto Analytics

Existing investors also re-upped in the funding round, with Conor Venture Partners, Open Ocean Capital, Vison+ and Finnish Industry Investment investing alongside EQT. The round brings the total funding raised by Verto to $23.9m.

As part of the investment, EQT Ventures' Henrik Landgren will join the board of Verto. The series-B is EQT Ventures' first investment since formally announcing – and holding a final close of – the inaugural EQT Ventures fund, which closed on €566m earlier in 2016.

Previous investment
The Espoo and New York-based company previously raised a two-part series-A in 2014, totalling $7.8m.

Company
Founded in Espoo, but with offices in New York, San Francisco and London, Verto Analytics is an audience measurement tool developer for cross-platform analysis.

People
EQT Ventures – Henrik Landgren (analytics partner).
Verto Analytics – Hannu Verkasalo (CEO).

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• Topics
• Expansion
• Nordics
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• Venture
• EQT Ventures
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• Finnish Industry Investments