Blok raises funding from Bonnier Ventures

Bonnier Ventures and Lifeline Ventures invest in Blok, alongside previous investors Alexander Samwer-backed Picus Capital and former Supercell executive Erlend Christoffersen.

Blok – the digital-first real-estate broker – offers a new home-selling experience to match the high expectations set by today’s tech-savvy consumers.

 Founded by former Slush Conference team members Rudi Skogman, Olli Gunst, Samu Hautala and Juha Jokela, Blok applies technology paired with human assistance to handle all steps of a residential real-estate transaction.

Blok started selling homes in Helsinki in June 2017 and has since seen strong growth within all major city centers across Finland. In the first six months of business, the company saw close to 100 completed sales handled by their system, predominantly properties in urban neighborhoods popular with young buyers and sellers. The new financing comes on the back of high demand for the service and will be used to support continued expansion of the business and to recruit top talents.

“I have followed Blok since January 2017 when the company was founded and I am very impressed by their progress. We are very excited about supporting the team. They bring a customer-centric technology approach to the real-estate brokerage market – a large industry that we think is poised to undergo significant change over the coming years”, says Victor Bodin, Investment Director at Bonnier Ventures.

“We were approached by many investors at Slush and throughout our fundraise, but when we met with Bonnier Ventures we instantly liked the guys. They felt honestly impressed by us and showed their enthusiasm right away. We know that Bonnier has a good media reach and knowledge about the sector, which will be very helpful as we grow the business further. We are very excited to have Bonnier Ventures join as a shareholder”, says Rudi Skogman, CEO & Co-founder of Blok.

Bonnier Ventures