# Growblocks

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

- Industry: Software
- Headquarters: Copenhagen, Denmark
- Website: www.growblocks.com
- Total disclosed funding: $6.4M
- Latest round: Seed (Feb 8, 2023)
- Investors on record: 2

## About

Based in Copenhagen, Denmark, and co-founded by Toni Hohlbein (CEO), Olafur Palsson (COO), and Andrew Dahl (CTP/CPO) in 2021, Growblock operates as a software-as-a-service (SaaS) company offering revenue planning and execution platform. In February 2023, the firm raised EUR 6 million in seed funding led by investor Project A Ventures, with participation from investor Headline.

The company’s B2B (business to business) SaaS platform helps startups and SMEs (small and medium enterprises) achieve revenue growth based on sales budgeting, quarterly audits, monthly and quarterly business reviews (MBR and QBR), and performance monitoring. The platform also offers early warning signs and notifications when things change and affects the client's ability to hit the target as well as helps find its root cause or areas of the revenue engine that are not performing to the plan.

Growblock generates its revenue by offering its SaaS platform under different subscription plans including the Essential plan at  USD 999 per month, the Professional plan at USD 2499 per month, etc.

The company plans to utilize its February 2023 funding to increase its sales.

## Funding rounds

- Seed, Feb 8, 2023, $6.4M — Headline, Project A

## Investors

- Headline (https://capitalatlas.ai/funds/headline) — Seed
- Project A (https://capitalatlas.ai/funds/project-a) — Seed