Finland

[Funding alert] Finnish-based iInfluencer Marketing Platform Boksi Raises €7 million in Series A Round Funding

Oct 19, 2023 | By Startup Rise EU

Finland-based Boksi secures €7 million in series A funding. In addition to previous investors Trind Ventures, Aikainen Ventures, Business Finland, and several angel investors, the round was led by 3TS Capital Partners in partnership with Nexit Ventures.
Team - Boksi

Finland-based Boksi secures €7 million in series A funding. In addition to previous investors Trind Ventures, Aikainen Ventures, Business Finland, and several angel investors, the round was led by 3TS Capital Partners in partnership with Nexit Ventures.

The additional cash will help Boksi enter the Central European market. It is currently preparing to go into the German market and will continue to keep that market in mind as it enters the DACH region.

Read also - Edinburgh-based Venture Capital firm Par Equity launching £100 million Fund

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Boksi CEO Lasse Laaksonen said, "We’ve built a platform that improves the efficiency of working with the creator economy tremendously, as he scopes out potential acquisition targets in Germany to fast-track Boksi’s growth in the region".

Pekka Mäki said, "With the influencer marketing landscape expanding rapidly, it's the technology-forward players, like Boksi, who have the competitive edge and are poised to dominate the market,” Managing Partner at 3TS Capital Partners".

Through its web platform, the company links social media influencers and brands so that brands may purchase photos, videos, and influencer advertising from artists.

Read also - Google has Pay German Content Creators €3.2 million Annually to Publish their Works on its News Search Engine.

In order to improve its services to companies and creatives, Boksi earlier this year acquired the Finnish platform Monochrome.

Read also - Italy-based Startup Data Masters Secures €200K in Funding

About Boksi

Boksi was founded in 2018. It should be simple to get involved with the creator economy. Being creators ourselves, They are aware that starting is the most difficult and frightening step.

Read also - Berlin-based Kodex AI Secures €1.6 million in Funding

It takes guts to expose yourself to the gaze of the public. But you ought to constantly follow your heart. And as business owners and marketers, They are aware of how amazing it is to see consumers' adoration for certain brands, but doing so requires a separate business endeavor.

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