LeaseCloud
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
LeaseCloud was a Stockholm-based fintech startup providing a cloud platform that digitized and standardized IT equipment leases for micro and small companies. Its platform cut transaction costs in leasing, gave businesses full visibility into equipment and costs, and enabled instant credit decisions, fraud screening and automated procurement; its subscription-based leasing service, Perm00e5nad, was used by thousands of businesses in Sweden and Norway.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Founded in 2016 in Stockholm to digitize the leasing process for small-ticket IT equipment.
- Seed round
Raised a kr10.35M seed round in December 2021 as its platform served around 2,300 customers.
- Acquired by 3stepIT
Acquired by 3stepIT, which integrated LeaseCloud's platform into its circular-IT offering for small and medium-sized companies.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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