Viking Venture, the Nordic Software Investor, is happy to announce it’s latest investment in the Swedish digital marketplace company Studentvikarie AB. Studentvikarie AB which was founded in 2015, uses advanced technology to match the need for temporary teachers in education with motivated and competent students.

– Our vision is to provide high quality temporary teachers and high quality education in schools even when the regular teacher is absent, says co-founder and CEO Gustav Bild. Studentvikarie has undergone rapid growth in Sweden reaching 48 mSEK revenues in 2018. We are happy to welcome Viking Venture as investor in order to help us to continue our growth both in Sweden and abroad.

– The strong Studentvikarie team has impressed us with their advanced platform, their deep market understanding and consistent rapid growth. We think they are ideally positioned to be the number one player in Sweden and new geographical markets, commented Eivind Bergsmyr, partner at Viking Venture and newly elected chairman of the board of Studentvikarie.

Viking Venture holds 40% of the shares of Studentvikarie after the investment while founders Kristoffer Persson and Gustav Bild continue as major shareholders together with the rest of the management team.

– We are happy to announce our 47th investment since 2001 and the first software investment headquartered in Sweden, says Erik Hagen, Managing Partner of Viking Venture. Viking Venture is the leading investor in Nordic growth stage software companies. Our large portfolio of software companies creates an efficient ecosystem for sharing of best practice among companies.