# Colego

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

- Industry: Internet
- Headquarters: Copenhagen, Denmark
- Website: www.colego.dk
- Total disclosed funding: $5.5M
- Latest round: Series B (Jun 1, 2015)
- Investors on record: 1

## About

Colego is a Danish company specializing in connecting consumers with contractors for construction and renovation projects, offering comprehensive support and information to ensure successful project execution.Founded in 2012 and headquartered in Copenhagen, Denmark, Colego facilitates connections between clients and skilled contractors for various home improvement tasks. The company has engaged in 2 deals, with its most recent funding round being a Series B amounting to DKK 23 million on June 1, 2015, led by NorthCap Partners.Colego provides extensive support and information for individuals seeking contractors for construction and renovation projects. Their offerings include guidance on evaluating contractor qualifications and addressing various home improvement topics such as roofing, window installation, and landscaping, catering to homeowners and property managers in Denmark and potentially other European regions.Colego operates on a transaction structure, generating revenue through service fees charged for facilitating connections between consumers and contractors. The company’s B2C model allows clients to receive tailored quotes and service options, while contractors gain increased visibility and potential client acquisition. In the most recent fiscal year of 2022, Colego recorded an EBITDA of -DKK 74,754.60.Colego aims to utilize the DKK 23 million raised in its Series B financing for strategic expansions and product enhancements. Plans include the development of new services and potential entry into additional European markets, leveraging their existing operational framework. The company anticipates launching these initiatives following their recent funding round.

## Funding rounds

- Series B, Jun 1, 2015, $3.4M — NorthCap Partners
- Series A, Mar 10, 2015, $2.2M — NorthCap Partners

## Investors

- NorthCap Partners (https://capitalatlas.ai/funds/northcap-partners) — Series A, Series B