Fieldly brings in $1.8M in angel investment.
Fieldly, a Malmö, Sweden-based software developer for construction companies, completed a capital raise of SEK 17M ($1.8M).
The funding was backed by angel investors, including Lars Christer Dahlén and Manuel Salvisberg. Fieldly's former CEO, Daniel Krusenstråhle, becomes the company's new product manager (CPO) and takes the role of chairman of the board. New CEO becomes Anders Boman.
Fieldly, founded in 2013 by Daniel Krusenstråhle, developed a digital project management tool adapted for the construction industry. The company has 181 construction companies as paying customers today, expecting sales of approximately SEK 7 million ($700k) in 2019.