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Home FINTECH

Finland’s Remod Oy eyes expansion with new investment to strengthen IT solutions

Arctic Startupby Arctic Startup
January 23, 2025
Reading Time: 6 mins read
in FINTECH, SCANDINAVIA&BALTICS
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Remod Oy, an IT and information management services company based in Oulu and Tampere, has secured €700,000 in funding to support its growth. The company provides IT solutions, including remote support and on-site services, to clients across Finland. With this investment, Remod aims to enhance and scale its offerings, focusing on creating more standardized and scalable services. The funding will also allow the company to make key hires and strengthen its decision-making capabilities. The investors— Korpun Siemen Oy, Ääkköset Oy, and E Corp Oy—bring expertise in various sectors, including cybersecurity, and are expected to play a significant role in guiding Remod’s development. The company intends to use the investment to further innovate and maintain a strong focus on high-quality and secure IT services.

Remod Oy has grown strongly and is known for its exceptionally broad and high-level expertise considering the size of the company. The company offers its customers comprehensive IT and information management services, the latest of which is 24/7 support, which meets even the most demanding needs of its customers. Although most of the work in the field can now be done remotely, it is also possible to go on site if necessary – whether it is in Helsinki or Utsjoki.

“We don’t settle for maintenance – we put the customer’s business at the center and continuously and cutting-edgely develop the customer company’s IT around it. Information security and high-quality work are a given for us, and we want to show the entire industry how things are done right ,” says Ville Jussila, CEO of Remod Oy.

With the funding, Remod will develop its services to be even more productized and scalable, so that an ever wider customer base can benefit from the company’s expertise. In addition, the funding will enable the implementation of strategically important recruitments and support the company’s ability to make timely decisions.

“We have the ambition, courage and ability to challenge the entire industry. This funding gives us more tools to do just that ,” the CEO continues.

The investors participating in the financing round are industry leaders and have been carefully selected to support Remod’s growth goals. The personal networks and industry business ties that come with the investors provide valuable additional frameworks for Remod’s growth.

Korpun Siemen Oy is founded by investors who have combined their early-stage investment activities and have extensive experience in start-up, growth and family businesses in different industries. We offer both industry expertise and board work through our owner investors in the company’s different phases.

Matias Itkonen, a member of the company’s board, comments: “We have been following Remod’s development and growth for several years and now the company is ready to take the next growth leap in its story. Remod combines strong expertise and a bold vision, which makes it an excellent investment target in a growing market.”

Ääkköset Oy focuses its investments on impact-oriented and market-challenging cybersecurity companies and acts as an integral part of the Oulu cyber expertise ecosystem. The expertise of Ääkköset’s cybersecurity entrepreneurs supports Remod’s goals.

“Cybersecurity is developing rapidly, Remod’s willingness and ability to challenge the old and build security into customers’ systems and operating methods in a fresh and efficient way has already impressed us during our previous cooperation. Responsibility is also important to us, Remod’s culture has also included selfless volunteer work and participation in cyber exercises and other community activities in the field that are important to our society ,” Ääkköset’s Marko Laakso describes the investment.

E Corp Oy ‘s Tapio Haapala is the founder of F Solutions Oy, which, in addition to its own business operations, is actively growing and supporting companies that want to grow.

“We thank our investors for their trust. Their expertise and vision will help us take Remod to the next level – and at the same time the entire IT industry forward ,” says the CEO.

Remod doesn’t just follow the industry’s development – ​​it leads it. The company’s principle is to do things right and safely, and it believes that its growth benefits the entire customer base and the IT industry.

Click to read more funding news.

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Read the orginal article: https://arcticstartup.com/remod-raises-e700k/

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