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Folio

Folio

Private

Last Round

VC Round

Jun 17, 2022

Total Funding Raised

$4.63M

Company Overview

Folio is a fintech company that provides a digital business banking platform with integrated accounting and expense management tools for small and medium-sized businesses in Norway.

Sector

FinTech

Verticals

Accounting & Expense, Digital Banking, Workflow Automation, Corporate Banking

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

business accountbedriftskontobusiness neobankexpense managementautomated bookkeepingspend managementaccounting integrationcorporate cardsmall business bankingreceipt captureSaaS subscriptionB2B fintech

Historical Pricing

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Caplight Momentum Score

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Folio Comparables

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Folio comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Holvi
76%
Systima AS
74%
Conta
74%

Folio Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundJun 17, 2022
VC RoundOct 22, 2020
Convertible DebtJun 23, 2018
SeedJun 23, 2018

Key People

Founding team and executive leadership

Wilhelm Joys Andersen

Co-founder CTO

Founding Team

Dag Olav Norem

CEO

Executive Team

Ingrid Folvik

CFO

Executive Team

Karl Henning Kalvø

Chief Operating Officer

Executive Team

Folio Investors

Notable investors and investment history

Folio investors
InvestorRounds
Sparebanken VestVC Round, Convertible Debt, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 22, 2020

    $1.3M round with participation from Martin Kværnstuen

  • Jun 23, 2018

    $3.1M round led by Sparebanken Norge and Sparebanken Vest.

Folio Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Folio Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Folio's valuation, stock price, and market status.

Firmographic Details

HeadquartersOslo
Employee Range27
Year Founded2017
Last FundingJun 17, 2022

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