Swedish UGC startup Flowbox raises EUR 7.5 million – gears up Europe expansion

Nordic venture capital firm Viking Venture invests EUR 7.5 (SEK 80 million) in SaaS company Flowbox. With the raised capital, Flowbox will gear up their ongoing expansion in Europe to take a leading position on the market of User-Generated Content. Stockholm-based Flowbox, founded in 2016, has developed a platform that enables companies to use their customers' social media content in their own channels, so-called User-Generated Content (UGC). The company, which until now has been fully bootstrapped, already has almost 400 customers across ten countries. Annual recurring revenue (ARR)