Danish Startup Good Monday Raises $4m to Expand Operations

June 2, 2020
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The Danish startup company Good Monday has raised $4 million thanks to investment from London based venture capital firm firstminute Capital, who have previously invested in portals such as Zoopla and Trulia, as well as from existing investors Creandum, Seed Capital, and Preseed Ventures. 

With the fresh investment of capital Good Monday plans to expand operations to London as well as fuel product development. Founded in Copenhagen in 2018 by Mik Strøyberg, Good Monday is a workspace management platform with an integrated marketplace of office services and according to firtminute’s Brent Hoberman, the company’s offering will only increase in demand as offices will need a point of difference to entice workers to return:

“COVID-19 has changed the office space as we know it. As lockdown eases, it will be more important than ever for office environments to offer something compelling enough to compete with the benefits of working from home”

Over the course of  2019, Good Monday saw a 230% growth in revenue and a 430% growth in the customer numbers. With this latest capital injection, the startup has now received close to $7M in less than 2 years, and will be looking to get series A funding next year.

June 2, 2020
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

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