Swedish Fintech Startup Ankor Secures $1.3Million In Pre-Seed Round
Jun 24, 2025 | By Kailee Rainse

Swedish fintech startup Ankor has announced a $1.3 million pre-seed funding round to support its execution-first platform for e-commerce operations.
SUMMARY
- Swedish fintech startup Ankor has announced a $1.3 million pre-seed funding round to support its execution-first platform for e-commerce operations.
Founded by former pro athlete and tech expert Kyle Rowley, Ankor was inspired by his experience working closely with finance teams and speaking with more than 75 e-commerce founders.
These conversations uncovered a common challenge: even the most skilled teams struggled with disconnected systems and limited visibility, leading to excessive manual work and inefficiencies.
"I met smart operators who knew exactly what needed to be done, but they were drowning in manual reconciliation," said Kyle Rowley, CEO of Ankor."We realised there was a more viable path forward to free them for high-impact work."
RECOMMENDED FOR YOU

Italian publishing House Zanichelli Editore Launches €60 Million To Support EdTech Startups
Kailee Rainse
Jun 23, 2025

Spotler Group Acquires Let’s Get Digital to Strengthen Event and Marketing Solutions
Kailee Rainse
May 2, 2025
The global e-commerce operations software market has long focused on analytics that highlight problems without solving them. Ankor is changing that with an execution-first approach that removes operational friction, helping teams concentrate on growth and gaining a competitive edge.
Read Also - Denmark Biotech Startup Cellugy Secures €8.1Million Funding
At the heart of Ankor’s platform are Accelerators—AI agents built specifically to tackle key operational challenges. Unlike general AI tools, these Accelerators work within set parameters using clear, auditable business logic. They spot issues and take action with little need for human input.
One example is Ankor’s Payment Reconciliation Accelerator, which tracks everything from order to payout. It automatically detects mismatches between store data and payment providers, ensuring financial accuracy—no more digging through spreadsheets.
The impact on productivity is immediate. BÆRskin’s CTO Gus Fune stated: "Ankor didn’t just save us time, it gave us our sanity back. We cut over 30 hours monthly on reconciliation down to less than 2."
The funding round saw support from Upfin, Bust, Torq Partners, and industry veterans from Juni, Pleo, Moss, and Klarna.
"The best platforms start by solving real pain, not pitching grand visions. Kyle went deep into operations, earned genuine trust from operators, and now Ankor has both the data advantage and operator relationships to become an impactful player in the space," said Oliver Sjöstedt, Managing Partner at Upfin.
"In 10 years of supporting growing companies with finance operations, we haven't seen proper solutions for revenue reconciliation—especially for businesses that don't need full ERPs," commented Roman Finke, Managing Partner of Torq Partners.
"Ankor fills a critical gap in an underserved but rapidly evolving market."
Ankor’s platform connects seamlessly with leading e-commerce platforms like Shopify and Centra, as well as payment processors, bank accounts, and accounting tools.
"We’re not here to give you another dashboard. We’re here to give you your time back," Rowley emphasised. "When you remove the busy work, you free up cognitive space for high-impact thinking that moves the business forward."
"We believe the operators closest to e-commerce problems are uniquely capable of building solutions—they just need tools that remove the friction holding them back," Rowley said. "That's exactly what we're building."
Ankor is currently running a private beta with a select group of e-commerce businesses using Shopify and Centra.
About Ankor
Founded by former pro athlete and tech expert Kyle Rowley, Ankor was inspired by his experience working closely with finance teams and speaking with more than 75 e-commerce founders.