FundedByMe Crowdfunding Sweden AB announced that it has received SEK 6 million in funding from Frontier Consulting.

On March 24, 2014, FundedByMe closed the transaction. The company raised SEK 5,996,280 (€677,000) in the transaction. The company offered 12.36% of the shares in the transaction.

A new investor, Frontier Consulting invested in the transaction. The transaction was raised at post money valuation of SEK 48,109,900 (€5,400,000). The conversion is made by www.oanda.com as on March 28, 2014.