Gilion Company Profile
Background
Overview
Founded in 2021 and headquartered in Stockholm, Sweden, Gilion is a precision financing company dedicated to empowering technology businesses through AI-driven growth forecasting and non-dilutive funding solutions. The company's mission is to provide entrepreneurs with powerful AI-driven insights and funding options that break barriers and fuel progress. By integrating advanced predictive models, Gilion enables startups and scale-ups to achieve sustainable growth while maintaining control and ownership.
Key Strategic Focus
Core Objectives
- Non-Dilutive Funding: Offering growth loans and seasonal credit tailored to the unique needs of technology companies, ensuring founders retain equity and control.
- Growth Intelligence: Providing a platform that delivers real-time growth metrics, benchmarking, forecasting, and investor matching to optimize business performance.
Specialization and Technologies
- AI-Driven Forecasting: Utilizing artificial intelligence and machine learning to predict future revenue and cash positions, enabling precise financial planning.
- Data Analytics: Leveraging comprehensive data analysis to assess business health and design customized financing solutions.
Primary Markets
Gilion primarily targets technology startups and scale-ups across Europe, focusing on sectors such as SaaS, e-commerce, and fintech. The company has expanded its services to countries including Sweden, Denmark, Finland, the Netherlands, and the UK.
Financials and Funding
Funding History
- Seed Round (March 2022): Raised $182 million to support initial operations and platform development.
- Early Stage VC (April 2024): Secured $43.4 million to expand operations and enhance development efforts.
Notable Investors
- EQT Credit: Provided debt financing to support Gilion's growth initiatives.
- Angel Investors: Including industry leaders such as Annika Falkengren, former CEO of SEB, and Hjalmar Winbladh, co-founder of Sinch and Epidemic Sound.
Utilization of Capital
The funds have been allocated towards expanding Gilion's operations, enhancing its AI-driven platform, and entering new European markets.
Pipeline Development
Key Products
- Growth Loan: Long-term, non-dilutive financing designed to support sustained growth while ensuring founders retain control.
- Seasonal Credit: Flexible credit solutions tailored for companies with predictable, cyclical cash flow patterns.
- Growth Intelligence Platform: A comprehensive tool offering real-time metrics, benchmarking, forecasting, and investor matching to optimize business performance.
Development Milestones
- November 2022: Launched the AI-driven forecasting platform to the public, enabling founders to predict future cash positions and master the shift towards profitability.
- November 2023: Introduced the Forecasting Studio, enhancing the platform's capabilities in growth prediction and financial planning.
Technological Platform and Innovation
Proprietary Technologies
- AI-Driven Forecasting Models: Developed by a team with experience from Spotify, EQT Ventures, and Klarna, these models analyze vast datasets to provide accurate growth predictions.
Scientific Methodologies
- Data Analytics: Utilizing comprehensive data analysis to assess business health and design customized financing solutions.
AI-Driven Capabilities
- Predictive Analytics: Employing machine learning algorithms to forecast revenue and cash flow, enabling precise financial planning.
Leadership Team
- Oscar Werner: Chief Executive Officer. Appointed in February 2024, bringing extensive experience from leading technology companies.
- Henrik Landgren: Co-Founder & Chief Product and Technology Officer. Former VP of Analytics at Spotify and founding partner at EQT Ventures.
- Elin Bäcklund: Chief Technology Officer. Joined Gilion with a background in leading tech development teams.
- Andreas Hedlund: Chief Financial Officer & Deputy CEO. Appointed in June 2024, bringing financial leadership experience to support Gilion's growth.
- Axel Bruzelius: Co-Founder & Chief Operating Officer. Veteran banker with a focus on operational excellence.
- Lidia Oshlyansky: Chief Product Officer. Joined in January 2024, with prior experience as CPO at ManyPets and Dreams.
- Alexandra Stolt: General Counsel. Oversees legal aspects of Gilion's operations.
- Alexandre Hökfelt: Head of Funding. Leads funding strategies and partnerships.
Leadership Changes
- February 2024: Oscar Werner appointed as CEO, succeeding the founding leadership team.
- June 2024: Andreas Hedlund appointed as CFO and Deputy CEO.