Ulobby raises new funding round and prepares for further expansion – horizontally and vertically
After a strong performance in 2021, which saw both profitable months and growth in ARR by more than 44 %, Ulobby kicked off 2022 by closing a funding round to enhance further expansion deeper into the Nordics and into more business intelligence for Public Affairs.
Copenhagen, 1 of February 2022: Ulobby, the leading platform for Public Affairs and Stakeholder Management in the Nordics is targeting expansion both horizontally and vertically in 2022.
“We had a strong 2021 both on the product side, but also in regards to our unit economics. We will continue to grow in 2022 and our aim is to become profitable by the end of the year. This is also why we have raised a small round to invest in more growth, simply because we see it just in front of us and we want to speed up our hiring,” says Anders Kopp Jensen, founder and CEO of Ulobby.
Ulobby completed a funding round in January and plans to recruit more skilled developers and data scientist to support a new growing business intelligence product.
“Besides our platform growth we are currently also seeing increasing demand for our data insights & business intelligence stream. We launched it in November 2021, and it just exploded from there. Our new capabilities in sentiment analysis based on advanced language models are especially creating new unique insights for clients,” says Anders Kopp Jensen.
The funding round was mainly covered by existing investors, including the largest non-founder investor, Cullen International, but the new round also welcomed a new Ulobby investor in Michael Ulveman, CEO of agency Ulveman & Børsting.
Ulobby was established in 2016 by CTO Bertel Torp and Anders Kopp Jensen and is a SaaS (software-as-a-service) platform for Public Affairs and Stakeholder Management. Ulobby has 15 employees spread across five destinations in Europe.
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