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// Workers AI · dad joke modeWhat did Universal Avenue say to the street? "You're always on my road to success.

From Wikipedia, the free encyclopedia
Universal Avenue
Type of businessPrivate
FoundedJune 16, 2014 (2014-06-16)
Headquarters
CEOJohan Lilja
IndustrySales as a Service
URLwww.universalavenue.com
Current statusActive

Universal Avenue is a global on demand sales platform headquartered in Stockholm, Sweden. It was founded in 2014 with investment from the company behind the Angry Birds game.[1] The company has to date raised $17m in total capital, most recently a $10m Series A investment in 2016 from London's Eight Roads Ventures.[2]

In 2018, Universal Avenue has acquired Swedish digital agency Varvet. The deal is a strategic move aimed at improving Universal Avenue's technical platform. Universal Avenue also raised €5.3 million in Series B funding through convertible bonds from MOOR Capital.[3]

References

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  1. "Sales meets the Sharing Economy as Universal Avenue picks up $2 Million from MOOR Capital". 27 April 2015.
  2. O'Hear, Steve (11 July 2016). "On-demand sales force Universal Avenue closes $10M Series A". TechCrunch. Retrieved 2016-09-30.
  3. Loritz, Mary (2018-11-23). "Swedish startup Universal Avenue, a digitisation platform for SMEs, scales up with the acquisition of Varvet". EU-Startups. Retrieved 2023-03-07.
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