# Prion

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

- Industry: Internet
- Headquarters: Stockholm, Sweden
- Website: www.prionapp.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Sep 23, 2019)
- Investors on record: 2

## About

Prion AB specializes in providing a platform designed for preschools, focusing on streamlining administrative tasks and enhancing communication between educators and families through user-friendly technology.Founded in 2015 and headquartered in Stockholm, Sweden, Prion AB develops software tailored for early childhood education. The company has completed three deals, with the most recent funding round being a Seed round where they raised SEK 4 million on September 23, 2019, led by Icebreaker with participation from STING Capital. Fredrika Bernadotte serves as both CEO and founder, bringing her insights from previous entrepreneurial ventures. Prion operates without any known subsidiaries or parent companies.Prion offers a comprehensive platform designed specifically for preschools, focusing on simplifying administrative tasks through user-friendly interfaces. The platform includes a variety of functional modules such as documentation, attendance tracking, and scheduling, tailored to meet the unique needs of early childhood education providers. Compatible with iPhone, Android, and tablet devices, the application facilitates ease of use for educators and parents alike. The primary target users include preschool staff, parents, and guardians, enhancing communication and documentation processes across various municipalities in Sweden.In the most recent year, 2024, Prion reported a revenue of SEK 208,983.4, with an EBITDA of SEK 107,339.4. The company's revenue model is based on subscription services provided to educational institutions, primarily preschools, structured as annual subscriptions that grant access to a suite of features supporting documentation, communication, and compliance with educational standards.Prion is focused on developing and launching new product features aimed at enhancing user experience and expanding market reach. The company plans to enter additional municipalities in Sweden by the end of 2024, leveraging the SEK 4 million raised in their latest funding round to support these initiatives. This funding will facilitate the development of new functionalities within their platform and bolster marketing efforts to attract new users. The recent investment in September 2019, led by Icebreaker, underscores the company’s commitment to growth and innovation in the early childhood education sector.

## Funding rounds

- Seed, Sep 23, 2019, $0.4M — STING, Icebreaker

## Investors

- STING (https://capitalatlas.ai/funds/sting) — Seed
- Icebreaker (https://capitalatlas.ai/funds/icebreaker) — Seed