Copenhagen-based Passendo, a startup that provides email marketing services, announced that it has raised €2.3M in its pre-Series A round of funding. The investment was led by Amsterdam-based VC Newion and UK-based early-stage funding investor FirstPartyCapital.
Newion Partner John Sjölander says, “There are teams that create the opportunities of tomorrow, and then there are teams that transform the world of yesterday. Passendo is doing both: enabling the next generation of advertising for the oldest and largest application on the internet – email. We’re very excited to back this experienced team, our first of many investments to come in Denmark!”