Swedish tech firm CheckProof secures investment for global expansion from Viking Venture

The CheckProof team. Image credit: Press photo.

In Stockholm, CheckProof—a tech firm specializing in digital upkeep and HSEQ management for the construction materials sector—reportedly received substantial financing from Viking Venture. The funds will fuel the Swedish startup’s expansion into North America and Europe, bolstering its platform to enhance client operational efficiency, preventative maintenance, and regulatory compliance efforts.

Following Viking Venture’s investment, with Granitor as a principal shareholder, CheckProof is prepared for significant growth and advanced projects in line with its plans.

Stockholm startup streamlines maintenance

The Swedish technology company offers a user-friendly, comprehensive digital platform designed specifically for the construction materials industry. The platform revolutionizes maintenance and HSEQ management, streamlining tasks like quality checks, maintenance routines, defect tracking, deviation management, and incident reporting. By bridging the gap between frontline operations and the office, it significantly improves availability and productivity.

CheckProof’s user-friendly platform simplifies reporting by gathering data from various teams and locations, consolidating it into one convenient hub. This centralized system eliminates the hassle of managing multiple systems. By leveraging data-driven techniques, it improves uptime through proactive maintenance, thereby cutting down on administrative tasks. Most importantly, it prioritizes on-site personnel safety throughout these processes.

Viking Venture is committed to forging a lasting partnership and providing steadfast support to fuel CheckProof’s bold growth strategies spanning North America and Europe.

“The investment from Viking Venture confirms the strength of our product proposition and the incredible growth potential within our segment,” states Håkan Holmgren, Viking Venture’s CEO.

Adding to that, Joar Welde, Partner at Viking Venture and new chairman for CheckProof, made this comment. “With industry-leading international companies already on their customer list, CheckProof has gained a unique market position to further roll out their product. We see great growth potential and are excited to support their expansion.”

Techarenan News/Monok

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