Momail Raises First Round

Momail, a Stockholm, Sweden-based mobile email startup, has raised SEK 35 million ($5.4m) in first-round funding. Participants included the Swedish 6^th Pension Fund, Bonnier Invest and several individual angels. 

PRESS RELEASE

Momail announced today  the successful closure of its first round of funding, valued at  SEK 35 million ($5.4 million). Proving the broad appeal of the Momail mobile email solution, investors include respected institutions such as the Swedish 6th Pension Fund and Bonnier Invest, as well as individual investors from Sweden, England, Russia and South Africa.

” We are grateful and proud of our investor's confidence despite uncertainties in the financial markets.   As mobile email is a quickly growing segment of the market, and Momail offers a unique and easy solution for this market with its patented in-house server-side technology, the company attracts many interested parties in the market,” says Roger Gr