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Doconomy raised €34M in a Series B funding led by UBS Next and CommerzVentures to accelerate expansion in North America.

PRIVATEMay 30, 2024

Amount Raised

€34 Million

Round Type

Series B

StockholmFinancial Services

Investors

Post FinanceMotive VenturesS&P GlobalCommerz VenturesUBS Next

Description

Doconomy, the impact fintech company, raised €34M in Series B funding. The round was led by UBS Next and CommerzVentures with participation from S&P Global, Motive Ventures, and PostFinance. The company intends to use the funds to accelerate its expansion in North America and enhance its product suite.

Quick answer

Doconomy raised €34 Million in a Series B round, dated May 30, 2024. Investors: Post Finance, Motive Ventures, S&P Global, Commerz Ventures and UBS Next. Doconomy is based in Stockholm, Stockholm County, Sweden.

How much did Doconomy raise?
Doconomy raised €34 Million in a Series B round on May 30, 2024.
Who invested in Doconomy?
Post Finance, Motive Ventures, S&P Global, Commerz Ventures and UBS Next are named as investors in this round.
What does Doconomy do?
Doconomy is a Stockholm, Sweden-based impact fintech company founded in 2018 by Mathias Wikström and Johan Pihl.
Where is Doconomy based and how big is it?
Doconomy is based in Stockholm, Stockholm County, Sweden.
Who are the decision-makers at Doconomy?
Fundz holds 1 contact at Doconomy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Doconomy that raised within 45 days of this round, from Fundz verified event records.

  • Partior raised $60M (Series B) on July 12, 2024.
  • AppTech Payments Corp raised $1M on July 11, 2024.
  • lemon.markets raised $13M (Funding Round) on July 11, 2024.
  • Earned Wealth raised $200M (Funding Round) on July 11, 2024.
  • Tread.fi raised $3.5M (Pre-Seed) on July 10, 2024.
  • MetaWealth raised $2.2M (Pre-Series A) on July 9, 2024.

Who to call at Doconomy, and when

A new round usually means Doconomy is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Doconomy

Location

Stockholm, Stockholm County, Sweden

About

Doconomy is a Stockholm, Sweden-based impact fintech company founded in 2018 by Mathias Wikström and Johan Pihl. The company provides applied impact solutions to empower individuals and corporations to assume responsibility for their environmental footprint, fostering a sustainable lifestyle for all. It serves over 100 clients in 35 different markets and has established key partnerships with organizations such as the United Nations Framework Convention on Climate Change (UNFCCC), Mastercard, S&P Trucost, and World Wildlife Fund (WWF).

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Doconomy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.