Cronvall Raises €3.9 Million in Funding
Cronvall, a Helsinki, Finland–based technology company digitalising industrial procurement, has raised €3.9 million in funding.
Backed by Greencode Ventures, Stephen Industries, Innovestor, and several leading industrial family offices.
The funding will support Cronvall’s international expansion and the further development of its platform to improve efficiency, transparency, and sustainability in industrial procurement.
Founded by Walter Masalin, Cronvall provides a digital procurement platform for industrial and construction companies. Its platform offers full transparency and streamlines processes across supply chains, enabling companies to manage critical purchases, compare prices from more than 150 vetted suppliers, and track orders through delivery. Headquartered in Helsinki, Finland, Cronvall serves more than 8,000 industrial and construction clients—from SMEs to publicly listed firms. The company aims to become a leading European platform for industrial procurement, connecting thousands of suppliers and buyers in a single, transparent, data-driven network.
Funding Details
Company: Cronvall, Oy
Raised: €3.9M
Round: Undisclosed
Funding Date: November 2025
Investors: Greencode Ventures, Stephen Industries, Innovestor, and leading industrial family offices
Company Website: https://www.cronvall.com/
Software Category: Industrial Procurement / Supply Chain Software