Younium's Rise in the Subscription Management Space

March 17, 2024, 2:06 pm
Younium - The Subscription Hub for B2B Companies
Younium - The Subscription Hub for B2B Companies
Location: Sweden, Stockholm
Employees: 51-200
Founded date: 2017
Total raised: $2.96M
Younium, a Stockholm-based B2B subscription management and billing software company, recently secured an additional €2.7 million in funding, solidifying its position in the European market. With a growth rate of 860% over the past four years, Younium is poised for further expansion and success. Despite the challenges of 2023, the company reported a recurring revenue of SEK 55 million and achieved 60% growth, extending its reach to 15 countries. Founder and CEO Niclas Lilja is optimistic about the future, with plans to strengthen Younium's presence in existing markets and explore opportunities in emerging ones. With a focus on becoming a global leader, Younium aims to expand its footprint in Europe and North America, building on its success in the Nordic market. By offering a comprehensive solution for managing B2B subscriptions, including subscription management, billing, financials, metrics & reporting, and connectors & API integration, Younium is well-positioned to meet the needs of SaaS businesses seeking to streamline their operations and drive revenue growth. With a dedicated team and a clear vision for the future, Younium is set to make a significant impact in the subscription management space.