EUR 4m for Business Intelligence Firm Steep

In Stockholm, natural language query software firm Steep has announced a EUR 4m seed round of funding, which will be used to accelerate product development and expand the company's global reach.

Steep users can set up catalogs of metrics for easy access and detailed analysis by a range of users, including non-technical. Along with the funding, the company says it is launching an AI-enabled interface to help intuitive exploration of data, and the sharing and saving of reports and charts. The firm was founded in 2021 by Johan Baltzar and Nino Höglund (pictured), who had previously worked as Analytics and Design leaders at Spotify, iZettle, PayPal and Kry.

The round was led by Connect Ventures, joined by existing investor Inventure, plus Alliance VC, Antler and Greens.

Co-founder and CEO Baltzar comments: 'We built Steep to allow everyone to leverage data like they have the full support of a data analyst. To better support their organizations, data teams like the one at Voi, are moving off legacy tools and choosing Steep to make data accessible and truly useful for everyone. The feedback has been incredibly positive'.

Steep is online at www.steep.app . Thanks to www.tech.eu for content.