November 8, 2016

Finnish Sympa secures EUR 4.4 million funding

Sympa offers a fully integratable, global, cloud-based HR system that supports the entire employee life cycle.
Sympa offers a fully integratable, global, cloud-based HR system that supports the entire employee life cycle.
istock.com/Jirsak

Cloud-based HR solutions provider Sympa is targeting growth in the Nordic and wider European markets after landing a capital boost from Nordic growth investor Alfvén & Didrikson.

The announcement represents the first time that the Sweden-based growth investor has invested in a Finnish company. Alfvén & Didrikson specialises in finding and backing companies with high-growth capacity.

(L to r) Maria Åhr (CEO, Alfvén & Didrikson), Keijo Karjalainen (CEO and founder, Sympa) ja Ken Liebkind (CFO, Alfvén & Didrikson)

(L to r) Maria Åhr (CEO, Alfvén & Didrikson), Keijo Karjalainen (CEO and founder, Sympa) ja Ken Liebkind (CFO, Alfvén & Didrikson)

Sympa

“We seek to invest in pioneering, forward-thinking companies with great customer satisfaction,” says Alfvén & Didrikson CEO Maria Åhr. “What we saw in Sympa was an agile, next-generation HR technology company with a game-changing product, a SaaS model that’s perfect for its market, and it can be delivered to all devices, including mobiles.”

Sympa is using the investment to further develop its cloud and mobile-based platform and to accelerate growth in the Nordic and wider European markets.

The news comes as Sympa announces yet another major partnership, with Amesto, a Pan-Nordic accounting, payroll and HR services company. Amesto will act as a Sympa reseller in Norway, Sweden and Denmark.

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