Cling Overview
- Year Founded
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2016
- Status
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Acquired/Merged
- Employees
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4
- Latest Deal Type
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M&A
- Latest Deal Amount
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$762K
Cling General Information
Description
Developer of an electronic signature tool designed to create custom quotations for the craft industry. The company's application lets its users create professional quotes with templates and monitor the effectiveness of quotes on consumer behavior, enabling clients to create, edit, and send unlimited quotes directly on computers, tablets, and phones and improve product branding.
Contact Information
Website
www.cling.se(Operating Subsidiary)
Corporate Office
- Offerta Group AB, Linnégatan 89
- 115 23 Stockholm
- Sweden
Corporate Office
- Offerta Group AB, Linnégatan 89
- 115 23 Stockholm
- Sweden
Cling Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 01-Nov-2022 | $762K | Completed | Generating Revenue | ||
| 4. Early Stage VC | 26-May-2019 | Completed | Generating Revenue | |||
| 3. Seed Round | 01-Jan-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2018 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 14-Oct-2016 | Completed | Generating Revenue |
Cling Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary |
Cling Comparisons
Industry
Financing
Details
Cling Competitors (1)
One of Cling’s competitors is Scrive, a Private Equity-Backed company based in Stockholm, Sweden.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Scrive | Private Equity-Backed | Stockholm, Sweden |
Cling Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Cling Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cling Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| CG Partners | Venture Capital | Minority | ||
| KTH Innovation | Accelerator/Incubator | Minority | ||
| KTH Ventures | Venture Capital | Minority | ||
| Stockholm Innovation & Growth | Accelerator/Incubator | Minority | ||
| Virben Invest | Venture Capital | Minority |
Cling FAQs
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When was Cling founded?
Cling was founded in 2016.
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Where is Cling headquartered?
Cling is headquartered in Stockholm, Sweden.
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What is the size of Cling?
Cling has 4 total employees.
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What industry is Cling in?
Cling’s primary industry is Business/Productivity Software.
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Is Cling a private or public company?
Cling is a Private company.
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What is the current valuation of Cling?
The current valuation of Cling is .
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What is Cling’s current revenue?
The current revenue for Cling is .
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How much funding has Cling raised over time?
Cling has raised $404K.
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Who are Cling’s investors?
CG Partners, KTH Innovation, KTH Ventures, Stockholm Innovation & Growth, and Virben Invest have invested in Cling.
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Who are Cling’s competitors?
Scrive is a competitor of Cling.
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When was Cling acquired?
Cling was acquired on 01-Nov-2022.
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Who acquired Cling?
Cling was acquired by Fortnox.
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