# Doconomy

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

- Industry: Financial Services
- Headquarters: Stockholm, Sweden
- Website: www.doconomy.com/
- Total disclosed funding: $54M
- Latest round: Series B (May 6, 2024)
- Investors on record: 9

## About

Based in Stockholm, Sweden, and founded in 2018 by co-founders Mathias Wikström (CEO), Fredrik Lagerträd, Jacob Odqvist, Johan Pihl, Nathalie Green, and Helena Mueller, Doconomy AB operates as a provider of impact measurement platforms, offering environmental and financial tools to support sustainable practices for banks, financial institutions, and their clients. In May 2024, Doconomy AB raised SEK 395 million in Series B funding co-led by UBS Next and Commerzbank, with participation from S&P Global Ventures, Motive Partners, PostFinance, and Tenity.

The company provides an impact measurement platform that offers environmental and financial tools. The platform's services include tracking CO2e impact, assessing environmental footprints, and providing educational content for sustainable lifestyles. Moreover, the firm offers solutions such as goal-based savings tools for financial well-being and behavior shaping.

The company plans to use its proceeds from May 2024 funding for expansion across North America.

## Funding rounds

- Series B, May 6, 2024, $37M — UBS Wealth Management, Commerzbank, S&P Global Ventures, PostFinance, Motive Partners, Tenity
- Series D, Sep 24, 2021, $17M — Commerzbank, Ålandsbanken, Mastercard Incorporated, Wiklof Holding AB

## Investors

- Commerzbank (https://capitalatlas.ai/funds/commerzbank) — Series D, Series B
- Ålandsbanken — Series D
- Mastercard Incorporated — Series D
- Wiklof Holding AB — Series D
- UBS Wealth Management — Series B
- S&P Global Ventures (https://capitalatlas.ai/funds/s-p-global-ventures) — Series B
- PostFinance — Series B
- Motive Partners (https://capitalatlas.ai/funds/motive-partners) — Series B
- Tenity (https://capitalatlas.ai/funds/tenity) — Series B