SaaS scaleup Funnel, the leading Data Platform for Marketing, has closed a Pre-IPO investment of $66 Million USD of primary capital to fund the continued rapid expansion of the business. The investment is led by The Fourth Swedish National Pension Fund (AP4) and Stena Sessan, with participation from existing investors, including Balderton Capital, Eight Roads, F-Prime, Oxx, and Industrifonden. The closing marks the last round of private funding before Funnel’s planned initial public offering (IPO) on Nasdaq Stockholm.
This is an impressive achievement! The only problem was that Funnel didn't have a means to share the news far and wide. This is why they contacted PRLab. With news this share-worthy, we set out to write and distribute a press release for their news to be broadcasted across the Swedish and Global media.
