Firstminute leads €3.5m seed round for Good Monday

Current investors Creandum, Seed Capital and Preseed Ventures also took part in the funding round. 

The company will use the proceeds to aid product development and expansion into new markets. The startup has, at the same time as the deal, announced that it has opened a new office in London. 

Good Monday has so far raised €6.2m in seed funding and aims to raise series-A funding in 2021, according to eu-startups.com.

According to the report, the company's revenues last year saw a 230% increase and a 430% surge in customers. 

Previous funding
In April 2018, Good Monday raised DKK 3m in its first seed funding round from PreSeed Ventures. In November that year, it raised DKK 12m from Creandum.

Company
Established in 2018 and based in Copenhagen, Good Monday is an HR technology company that provides businesses with a digital office management platform. It currently serves 150 clients and has recently opened an office in London. The company has 11-50 staff, according to its LinkedIn page. 

People
Good Monday – Mik Stroyberg (founder, CEO).
Firstminute Capital – Brent Hoberman (co-founder, chairman).

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• Topics
• Early-stage
• Nordics
• Technology
• SEED Capital
• Creandum
• Nordic venture