Webrock Ventures publishes Year-End Report – Q4 2024
Financial resultThe period January – December 2024 (January – December 2023) Operating profit amounted to SEK -388.1 million (-144.6), whereof change in value of financial assets amounted to SEK -365.1 million (-128.3) Investments during the period amounted to SEK 30.5 million (99.3) Net profit amounted to SEK -387.2 million (-144.6) Profit per share amounted to […]
Webrock Ventures’ financial technology company Lara is partnering with Dental Office, one of Brazil’s largest ERP platforms for dental care
Webrock Ventures is pleased to announce that its portfolio company, Lara, has entered into a strategic partnership with Dental Office, one of the largest ERP (Enterprice Resource Planning) platforms for dental professionals in Brazil. This partnership will integrate Lara’s credit point-of-sale platform directly into Dental Office’s ERP platform, granting Lara access to over 45,000 dental […]
Webrock Ventures’ portfolio company Brazil Finance Group secures SEK 30.6 million (USD 2.8 million) investment
Webrock Ventures AB (“Webrock” or the “Company”) is pleased to announce that its portfolio company, Brazil Finance Group (“BFG”), has successfully raised SEK 30.6 million (USD 2.8 million) in a funding round led by a Brazilian fintech unicorn and hedge fund Atlant Fonder. The transaction values BFG at a pre-money valuation of SEK 400 million […]
Webrock Ventures InsureTech portfolio company Olik signs partnership with Brazil’s leading ticket provider, Guichê Web
Webrock Ventures today announces that its portfolio company Olik has entered into a partnership with Guichê Web, Brazil’s leading ticket provider. Within the first month of collaboration, Olik has successfully sold over 12,000 insurance policies. “Olik exemplifies the type of innovation and scalability we seek in our portfolio companies that underpins our business model. We […]
Webrock Ventures fintech company Lara partners with Brazil’s largest dental association, BR Clin, with over 3,000 independent clinics in its network
Webrock Ventures today announces that its portfolio company Lara has initiated a collaboration with BR Clin to leverage Lara’s credit point-of-sale platform. The partnership is expected to generate approximately SEK 175 million in new annual loan volume, corresponding to around SEK 75 million in annual revenues from interest and service fees. Webrock Ventures owns 44.5 […]
Webrock Ventures fintech company Lara partners with Brazil’s largest dental franchise chain, Odontocompany with over 2,000 clinics
Webrock Ventures today announces that its portfolio company Lara has initiated a collaboration with Odontocompany to leverage Lara’s credit point-of-sale platform. The partnership is expected to generate approximately SEK 190 million in new annual loan volume, corresponding to around SEK 80 million in annual revenues from interest and service fees. Webrock Ventures owns 44.5 percent […]
Webrock Ventures publishes Interim Report – First Nine Months of 2024
Financial result The period January – September 2024 (January – September 2023) Operating profit amounted to SEK -165,7 million (-98,6), whereof change in value of financial assets amounted to SEK -150,9 million (-88,2). Investments during the period amounted to SEK 28,4 million (94,0). Net profit amounted to SEK -165,8 million (-98,6). Profit per share amounted […]
Webrock Ventures’ portfolio company FinanZero achieves profitability, poised for accelerated growth in 2025
Webrock Ventures AB (“Webrock” or the “Company”) is pleased to announce that its portfolio company, FinanZero, Brazil’s leading credit marketplace, has achieved profitability for the first time in September 2024, marking a significant milestone in the company’s operational journey. The achievement comes two months ahead of its original target of November 2024, underscoring FinanZero’s strong […]
Webrock’s portfolio company FinanZero reaches 15 million customers and 50 million loan applications
Webrock Ventures today announces that its portfolio company, FinanZero, has achieved two key milestones: reaching 15 million registered customers and processing over 50 million loan applications. By partnering with over 70 financial institutions, FinanZero is revolutionizing Brazil’s loan comparison market with tailored solutions for millions of Brazilians. “We’re thrilled to share exciting news from our […]
Webrock Ventures publishes Interim Report – First Half of 2024
Financial resultThe period January – June 2024 (January – June 2023) Operating profit amounted to SEK -157,3 million (-13,4), whereof change in value of financial assets amounted to SEK -147,3 million (-6,1) Investments during the period amounted to SEK 26,1 million (9,1) Net profit amounted to SEK -157,3 million (-13,4) Profit per share amounted to […]