100 mSEK valuation

100 mSEK valuation

March 16. 2021 | Andreas Wickberg

Magnus Carlsson, investor in primarily real estate and currently CEO of the Husman Group with a portfolio of 6 billion SEK has invested 10 million SEK at a 100 million SEK valuation in Plusius. The investment itself is not the first outside real estate even though they are very rare.

Plusius revenue to date comes from consulting of companies around their monetary strategies and also supplying technology expertise to be able to fully automate and scale.

February 2021 Plusius got its own, very special, financial license which opens up doors that still remain closed to many other Financial Institutions and Banks.

Pre-revenue on financial income(the big news) and post-license, Plusius planned to open a round to raise 10 million SEK at a 100 million SEK evaluation - within the first days of the "would be" campaign to raise the capital we were done. Magnus Carlson as the sole investor committed to the full amount of 10 million SEK.

Magnus comment:
I have followed the stock market, financial companies, IT companies closely for years and they are very different from what I traditionally invest in. Sometimes these combined tech and financial companies can grow and make fantasy sized business. I have followed the entrepreneurs behind Plusius for 10 years and know how they do business - when I understood the case, the impact on the industry and added the factors of the entrepreneurs and what they are capable of. I invested.