Innovation, Startups and Venture Capital in Iceland

SalesCloud secures a $4M funding round led by SaltPay

Helgi Andri Jónsson, CEO SalesCloud

The Icelandic fintech startup SalesCloud has secured a $4M funding round led by SaltPay and a group of Icelandic investors.

SalesCloud’s software provides SMBs increase sales in-store and online with actionable insights and solutions. According to a company press release, the company has been growing steadily over the past few years and their system handled over 4 million transactions.

“I’m thankful for the trust investors put in us. This capital increase allows us to double down on our product development, such as marketplaces, invoicing, self-service and more.” says Helgi Andri Jónsson, CEO at SalesCloud. Along with increased product development the company intends to use the funds to grow abroad.

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