Cherry Ventures backs Hedvig in SEK 30m round

Angel investor Khaled Helioui also took part in the round. The startup raised its first seed round earlier this year from Swedish angel investors Sophia Bendz, Spotify's former global marketing head; tycoon Sven Hagströmer; and tech investor Nicklas Storåkers. All three also invested in Hedvig's latest funding round.

The latest capital investment is intended to help promote the startup's growth.

Company
Founded in 2016 and launched in May 2018, Stockholm-based Hedvig is a software startup that offers insurance for both rental and owned apartments, as well as for travel and property.

People
Cherry Ventures – Filip Dames (founding partner).
Hedvig – Lucas Carlsen, John Ardelius, Fredrik Fors (co-founders).

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