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Stockholm's Polar secures $10M in seed funding led by Accel to support AI-native SaaS businesses with billing solutions.

PRIVATEJun 18, 2025

Amount Raised

$10 Million

Round Type

Seed

StockholmSoftwareFintechSaaS

Investors

Harley FinkelsteinTobi LütkePaul CopplestoneAnton OsikaThomas Paul MannMichael GrinichGuillermo RauchJared PalmerJorn Van DijkKoen BokZeno RochaSteven TeySébastien ChopinAlexandre ChopinAccel

Description

Stockholm-based Polar has secured $10M in seed funding, led by Accel. The round attracted participation from notable angel investors including Guillermo Rauch and Tobi Lütke. Polar offers a payments infrastructure aimed at AI-native SaaS businesses, helping simplify billing and sales tax. Their customer base includes innovative companies like Bolt AI and Midday.

Quick answer

Polar raised $10 Million in a Seed round, dated June 18, 2025. Investors: Harley Finkelstein, Tobi Lütke, Paul Copplestone, Anton Osika, Thomas Paul Mann, Michael Grinich, Guillermo Rauch and Jared Palmer. Polar is based in Stockholm, Stockholm County, Sweden.

How much did Polar raise?
Polar raised $10 Million in a Seed round on June 18, 2025.
Who invested in Polar?
Harley Finkelstein, Tobi Lütke, Paul Copplestone, Anton Osika, Thomas Paul Mann, Michael Grinich, Guillermo Rauch and Jared Palmer are named as investors in this round.
What does Polar do?
Polar is a payments infrastructure company founded in 2022, focused on providing tools for billing implementation tailored for AI-native SaaS businesses.
Where is Polar based and how big is it?
Polar is based in Stockholm, Stockholm County, Sweden. Fundz records about 36 employees.
Who are the decision-makers at Polar?
Fundz holds 1 contact at Polar. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fintech and SaaS around the same time

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

  • Keye raised $5M (Seed) on July 29, 2025.
  • AccordX raised $141K (Pre-Series A) on July 17, 2025.
  • Cashfeed raised $1.5M (Funding Round) on July 10, 2025.
  • Flexi Software raised an undisclosed amount (Corporate Round) on July 8, 2025.
  • Groundley raised $1.1M (Seed) on June 3, 2025.
  • Rillet raised $25M (Series A) on May 28, 2025.

Who to call at Polar, and when

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

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Company Information

Company

Polar

Location

Stockholm, Stockholm County, Sweden

About

Polar is a payments infrastructure company founded in 2022, focused on providing tools for billing implementation tailored for AI-native SaaS businesses. The platform simplifies billing integration, allowing developers to concentrate on product development instead of dealing with sales tax complexities. Polar's Merchant of Record solution can be set up in under a minute, and it has amassed over 18,000 customers globally. The company aims to empower developers by offering open-source solutions and innovative APIs and SDKs.

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