Norvestia strengthens its Growth Equity portfolio by participating in Digital Workforce’s funding round

25/01/2017
Norvestia participates in a EUR 2 million funding round of Digital Workforce, a robotic process automation (RPA) growth company. The funding is used to expand international operations and accelerate growth. Investors participating in the funding round are Norvestia Oyj (now part of the CapMan Group) and earlier seed investors Leena Niemistö and Lifeline Ventures.

Digital Workforce provides digital workers as a service, and is the only company purely specializing in RPA services in the Nordics. Digital workers automate the routine and rules-based tasks of knowledge work, freeing up human resources for more productive tasks. Digital Workforce’s customers include major banking and insurance companies as well as healthcare and public organizations in Finland and Sweden.

With the new EUR 2 million capital, Digital Workforce strengthens its market position in Sweden and expands its operations into the other Nordic countries. The investment allows the company to continue to innovate and create new products within automation of knowledge work and robotics.

“Digital Workforce has an extremely talented and productive team and a clear vision. Automation of knowledge work is a megatrend and the company develops unique solutions to address it. We look forward to supporting this growth story,” says Juha Mikkola, Senior Investment Director at Norvestia.

“We have grown rapidly with the markets and exceeded the goals set for our first year. We offer our customers the most extensive network of RPA professionals in the Nordics. Our objective is to employ more than 100 top consultants by the end of this year. With the new capital, we can accelerate our growth and develop new, innovative and global services,” summarizes Heikki Länsisyrjä, one of the founders of Digital Workforce Service.



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