Norway
Cardboard, founded in 2022, is a Norwegian startup that aims to streamline financial management for businesses by helping them gain better control over their SaaS expenditures and automating accounting processes. Their innovative solution includes features for tracking subscriptions, automatically collecting receipts, and using virtual cards to manage spending.
The company’s approach addresses a growing need for efficient spend management in the digital age, where businesses often face challenges managing numerous software subscriptions. Cardboard’s tagline, "Get control of your SaaS spends and automate accounting," perfectly encapsulates its mission.
In its latest funding round, the company secured a seed investment of kr22.32M on 01 August 2024, backed by notable investors such as Skyfall Ventures, RunwayFBU, and Sondo Capital. This capital infusion is expected to fuel product development and expand market reach, indicating promising growth potential for future investors.
