# Greta & Friends

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/greta-friends

- Industry: Internet
- Headquarters: Stockholm, Sweden
- Website: http://www.greta.io
- Total disclosed funding: $1.1M
- Latest round: Series A (Sep 12, 2017)
- Investors on record: 2

## About

Greta & Friends AB is a technology company focused on enhancing digital communication and collaboration through innovative cloud-based solutions. Their offerings are designed to streamline workflows and improve operational efficiency for various sectors.Founded in 2015 in Stockholm, Sweden, Greta & Friends AB specializes in digital communication solutions. The company has successfully secured a total of USD 1.10 mn across funding rounds, with the latest being a Seed round led by BlueYard Capital on September 12, 2017. The firm has completed 3 deals to date.Greta.io specializes in a suite of innovative solutions designed to enhance digital communication and collaboration across various industries. The company's core offerings include cloud-based platforms that facilitate team collaboration, real-time project management, and comprehensive data analytics. These products cater to enterprises seeking to improve operational efficiency and streamline workflows, addressing common challenges such as fragmented communication and information silos. Greta.io serves a diverse client base that spans technology, education, and healthcare sectors, providing tools that empower organizations to optimize their processes. The products are primarily marketed in North America and Europe, where the demand for collaborative technology tools is rapidly growing in tandem with the shift towards remote work and digital transformation.In the most recent year of 2023, Greta.io reported a revenue of USD 0 mn and an EBITDA loss of USD 3,343.2 mn for 2024. The company generates revenue through a structured subscription model, allowing clients to access their products on a tiered pricing basis. This model enables businesses to select plans that align with their specific needs and scale as they grow. Typical transactions involve direct subscriptions, where clients pay on a monthly or annual basis for access to Greta.io’s platform, along with add-on services for enhanced features such as advanced analytics and additional storage. The company's flagship products are designed with scalability in mind, catering to both small businesses and large enterprises, thereby diversifying the revenue stream. Partnerships with various industry players further support revenue generation by integrating Greta.io’s solutions into larger ecosystems, enhancing overall value for end-users.Greta & Friends AB aims to launch new products designed for enhanced collaboration and data analytics by the end of 2024, targeting the expanding market for digital solutions in Europe and North America. The recent Seed funding of USD 1.10 mn will be utilized to accelerate product development and facilitate market entry strategies, focusing on improving their technology offerings. The company also plans to explore additional markets within Asia by 2025, further expanding its geographical footprint.

## Funding rounds

- Series A, Sep 12, 2017 — Heavybit
- Seed, Aug 30, 2016, $1.1M — BlueYard Capital

## Investors

- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Series A