# Cardboard AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cardboard

- Industry: Software
- Headquarters: Oslo, Norway
- Website: www.cardboard.inc/
- Total disclosed funding: $2.1M
- Latest round: Seed (Aug 27, 2024)
- Investors on record: 3

## About

Based in Oslo, Norway, and founded in 2022 by Chief Executive Officer Stein Magnus Jodal, Chairperson Lars Syse Christiansen, Chief Growth Officer Vidhi Kumar, Chief Operating Officer Andreas Royrvik, and Chief Technology Officer Jakob Gerhard Martinussen, operates as a developer of a SaaS spend and subscription management software that offers automating accounting, tracking subscriptions, and automatically gathering receipts. In August 2024, Cardboard AS raised EUR 1.9 million in seed funding led by Skyfall Ventures, with participation from RunwayFBU and Sondo Capital. 

Cardboard AS developed a SaaS-based platform, that manages software subscriptions and online marketing expenses for businesses. The company’s platform provides unique virtual payment cards for each subscription, supporting businesses manage budgets, avoid unauthorized charges, and reduce operational risks. In addition, the firm’s tool automates receipt collection for tracking expenses and exported to accounting software. It also provides insights and automated notifications handling SaaS subscriptions in various professional roles. 

The company generates revenue based on a subscription model and charges EUR 85 monthly for starter package. The firm charges EUR 175 monthly for Pro package and EUR 370 monthly for enterprise package.

## Funding rounds

- Seed, Aug 27, 2024, $2.1M — Skyfall Ventures, Sondo Capital, RunwayFBU

## Investors

- Skyfall Ventures (https://capitalatlas.ai/funds/skyfall-ventures) — Seed
- Sondo Capital (https://capitalatlas.ai/funds/sondo-capital) — Seed
- RunwayFBU (https://capitalatlas.ai/funds/runwayfbu) — Seed