Trondheim-based Ei Options, a tech firm serving to business actual property house owners decreasing threat and enhance inexperienced potential of their properties via simplification and automation of EU-taxonomy due diligence, has efficiently raised €1.2 million in 2024 whereas attaining excessive income progress. This funding is a mixture of two funding rounds, buyer income, and assist from Innovation Norway.
Among the many traders are gamers from the true property sector akin to Bane Nor Eiendom and PWS Eiendom, in addition to enterprise teams like Styx, Spike Enterprise, and angel traders akin to Trond Riiber Knudsen, Thomas Falck, and Isak Oksvold. The corporate has obtained grants from Innovation Norway via an Innovation Contract and startup loans.
On the identical time, the corporate’s instruments have been well-received by the market. The startup has surpassed €260k in income in 2024, and by September, the corporate expects to succeed in an annual recurring income (ARR) of simply over €430k, marking a 733% progress since December 2023.
Gustav Haaland, CEO and co-founder of Ei Options, expressed nice satisfaction with the completion of the funding spherical: “We owe an enormous thanks to all our supporters, and it’s extremely thrilling to be previous the so-called pre-seed section! What we’re most happy with is the curiosity we’ve obtained from the market. In the end, it’s the shoppers in the true property {industry} who determine which instruments survive, and with regards to sustainability, it’s the sensible options that matter.”
Progressive Resolution in a Fragmented Market, and Clear Indicators of High quality Trond Riiber Knudsen, an angel investor and early supporter of the corporate, praised Ei Options’ improvement: “The marketplace for ESG options has lengthy been unclear, however Ei has managed to face out, discover its area of interest, and is now serving to to form a completely new class of industry-specific instruments. The corporate has firstly proven large progress, the place the business curiosity the corporate has garnered at this stage speaks for itself. When prospects select to speculate themselves, it exhibits that the workforce has hit the mark with an answer that the market eagerly adopts.”
The funding spherical was accomplished in two tranches, with the bigger half closing in July. Already through the first section of the spherical, which concluded earlier than Christmas, the corporate needed to flip down a number of traders. Now, Ei Options is as soon as once more experiencing important curiosity from each new and present traders.
Marit Bjerkreim, co-founder and energetic chair of the board, commented on the elevated curiosity: “With the expansion we will now showcase, and with what now we have within the pipeline, we’re seeing nice curiosity from traders, each Norwegian and worldwide. In the end, nothing beats traction.”
With the success of this spherical, Ei Options continues to achieve momentum and is positioning itself for additional progress. The corporate is onboarding new prospects this fall, getting ready for a serious product launch, and present process a whole rebranding.
