Every Friday we will feature an Investment and aim to break it down as closely as we can so our audience will get an idea of where the money comes from.

Sopima, a Finnish company building an online contract bank that aims to enable productivity improvements into the way organizations manage their contracts secured a €1m funding just a while ago.

Sopima is developed for all sizes of companies to keep their contracts in order, be able to manage all commitments made. As a web service Sopima enables you to do this together with your business partners, regardless where they are located. With Sopima every party has the entire contract constantly at arms length, and thus the contract becomes integral part of the daily business.

We dug a bit deeper to see where a web startup like Sopima would get its funding in Finland.

Continue reading »