Atomico and Creandum in $5.5m series-A for Wrapp

Creandum co-invested in the round, which is intended to support development and a product launch in the US and UK markets.

Earlier this year, the company received seed funding from Creandum to allow for a test run of the product and commercial launch in Sweden.

Company
Wrapp is an electronic gift voucher exchange service aimed at social media and smartphones. The company was founded in 2011 and is based in Stockholm, Sweden.

People
Niklas Zennström managed the investment for Atomico. Partner Johan Brenner worked on the deal for Creandum. Hjalmar Winbladh is the founder of Wrapp.

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• Topics
• Nordics
• Early-stage
• Technology
• Sweden