Universal Avenue

Stockholm, Sweden · Founded 2014 · $21.0M raised

Headquarters
Stockholm
Employees
51–200
Founded
2014
Business Model
Marketplace
Total Funding
$21.0M
Last Round
$6.0M Convertible NoteNov 2018
Rounds
3

About

Universal Avenue is a global on-demand sales platform headquartered in Stockholm, Sweden, founded in 2014 with investment from the company behind the Angry Birds game. The company connects growing and established brands with a community of Brand Ambassadors who provide on-demand sales and customer acquisition services. Universal Avenue has raised $17 million in total capital, including a $10 million Series A round from Eight Roads Ventures, and acquired Swedish digital agency Varvet in 2018 to strengthen its technical platform.

Summary

Universal Avenue is a marketplace company based in Stockholm, Sweden, founded in 2014. It has raised $21.0M in total across 3 rounds, most recently a $6.0M Convertible Note round in Nov 2018. Investors include Northzone, MOOR and Eight Roads Ventures.

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Funding History

ConvertibleConvertible NoteNov 2018
$6.0M

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Investors

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