We are happy to introduce the fourth team member of Blq Invest – Karin Bjerde, our Company Builder! Put simply, Karin will be overall responsible for assisting our portfolio companies transition from startups to scaleups. Having spent her previous 4+ years at a Swedish SaaS startup turned scaleup, Kognity, she’s lived through this transition and will now use her experience and knowledge to guide our companies operationally.
Not an ordinary investor
What makes blq Invest different is that we are not simply an investor – we are company builders! Our expertise is to help our portfolio companies go from start-ups to scale-ups. Through our blq Box approach, we help our companies identify what needs to be done within 4 key areas – scale, stickiness, storytelling, and team – and then work side-by-side with them to bring these changes into reality. Strong execution is the motto we live by.
What is a company builder?
This blq Box process is what Karin as a company builder will be responsible for. Karin works with the founders and management of the companies on a weekly basis to ensure they are taking the right steps to scale their business. This can for instance be setting a clear company strategy, company steering to ensure the entire team is pulling in the same direction, improving the commercial functions based on best practices within SaaS, and identifying and executing on recruitment needs.
What is Karin’s motivation?
Put simply, she loves connecting the dots between the top-down big picture trends, and the bottom-up execution of those trends. Further, she also believes Sweden (where we have our HQ) has a unique opportunity to take a leading role globally through its values, entrepreneurial ecosystem thanks to companies like Spotify, Skype, and Klarna, and societal structure enabling entrepreneurship. Nurturing Sweden’s ecosystem of start-ups alongside governments, academia, and large corporations can position Sweden at the forefront of global development, we just have to ensure that we provide all the right pathways to deliver on that opportunity.
Many times, grand plans and visions fail due to execution. Under Karin and the rest of the blq team’s guidance, blq Invest’s portfolio companies will hopefully navigate the tricky path from startup to scaleup in a grander fashion.
New investment: Quickchannel
Blq invests 6,75 MSEK in streaming tech company Quickchannel. Quickchannel’s ambition is to facilitate digital collaboration and become the leading streaming provider globally.
Quickchannel helps their customers collaborate and communicate globally. The company quickly became leading within streaming of city council meetings and quickly helped some of the biggest public clients in Sweden such as Telia, Office Management and Skanska. Today Quickchannel is a full fledged SaaS company with over 150 clients in 9 markets and steady growth in public and private clients.
Quickchannel’s vision is to help our customers save time, money and work for a greener planet through streamed video. Webinars and live streamed meetings and events are now happening through our technology and we want to help organisations through video whenever, wherever.
Since the Covid-19 outbreak, Quickchannel has seen over 700 percent growth in their service, since organisations need to readjust into digital workplaces. Covid-19 has forced us all to adapt digitally incredibly quickly. CEO town halls, events and distance learning have all been popular among Quickchannel’s clients for a long time, but during Covid-19 new applications such as press conferences, virtual board meetings and distance training through gyms have become just as popular.
This spring has forced us to change our behaviour and we believe we will see a pre and post Covid effect in digital collaboration and communication.
Welcome to the blq family!
Ingrid, the delivery experience platform.
Reshaping the world of e-commerce.
Blq (building legacy quota) invests 12,25 M SEK in delivery experience platform Ingrid. Founded in Stockholm 2015 with the idea of improving e-commerce deliveries, Ingrid is a platform for merchants that want to increase their margins and offer consumers smarter deliveries, all in one go. Today Ingrid handles 10% of the Swedish e-com market and continually expanding in new markets together with the customers.
By aggregating the delivery options best suited for every individual order during checkout, consumers are guaranteed a better delivery experience. Simplifying the purchase process improves conversion and builds loyalty for merchants.
Shopping online should be as simple and convenient as traditional retail used to be. Ingrid is eliminating consumer anxiety one purchase at a time, leading the way to the best delivery experiences.
With a strong B2B2C focus, Ingrid has created a platform that will transform the way we view e-commerce today. Ingrid is Swedish engineering at its best.
The technology is, to say the least, validated by the market when 10 percent of the packages on the Swedish e-commerce market delivers through Ingrid’s platform. Ingrid is ready to scale globally with sales and marketing.
Welcome to the blq family!
CEO: Piotr Zaleski
Founders: Piotr Zaleski
E-commerce clients: 20+ including Adlibris, Babyshop, iDeal of Sweden & NA-KD
#Countries: Available in over 20 markets, handling order from consumers in 107 countries
Feature in Dagens Industri
Blq invest is investing 200MSEK in early-stage start-ups. SEB, Lena Apler, Lars Backsell and Noel Abdayem are some of the investors. Blq invest is featured in Dagens Industri.
Read the full article here.