A Danish legal tech startup, Whistleblower Software, has grabbed $3 million in seed funding for their platform. The financing round came from UK-based VC firm West Hill Capital (that backed Denmark-based nanotech ATLANT 3D) and angel investors, including Silicon Valley executive Morten Brøgger.
The investment has come just 18 months after the company’s debut and it is aimed at the growth of the whistleblower platform. Notably, Whistleblower Software aims to expand to new markets with this investment.
“Securing this deal is a massive boost to our organisation as we’ve managed to close it at a time where others are struggling to seal deals without taking valuation cuts. It ensures we’re all geared up for the upcoming growth phases and ready to expand into new markets,” said Jakob Lilholm, founder and CEO of Whistleblower Software.
In addition to the investment, Silicon Valley executive, Morten Brøgger, has joined Whistleblower Software’s board of directors, along with IT consultancy CEO Brian Jeppesen. Brøgger is the former CEO of Wire, a secure communications platform used by various G7 governments, making him an expert on secure and compliant B2B SaaS products.
“In a legaltech startup there is little to no room for failure as you need to live up to certain compliance regulations in order to gain and retain new and existing customers. In a very short amount of time, Whistleblower Software have proven their ability to do...
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