Apr 25, 2024 | Daxap
Daxap AS, a social entrepreneur in the IT and Software as a Service (SaaS) sector, has successfully completed a capital raise of 4.05M Norwegian Kroner (NOK), exceeding the financing goal by over 1M NOK. The capital is earmarked for the internationalization of Daxap and its SaaS products, including the multilingual communication platform Kiddy.
“I am incredibly proud of how far we have come since our inception in 2021,” says founder and CEO, Kubilay Kartal. “We had a dream to simplify communication and break down language and cultural barriers, and now we have the opportunity to do this on an even larger scale. We greatly appreciate the investors who have seen our vision and believe that we can improve society with unique and safe digital solutions.”
SaaS product for the public and private sectors
Kubilay Kartal and co-founder Emirhan Sözan moved from Turkey to Norway in 2018 and experienced significant challenges with language and cultural barriers, especially concerning young children and inclusion in daycare. This was something they wanted to address, leading to the creation of Daxap in 2021. Since then, they have experienced exponential growth with their IT services and the development of their own SaaS products in the public and private sectors. Additionally, Daxap has provided career opportunities for several individuals with immigrant backgrounds.
The capital raise is led by Limex Ventures from the U.S., with further support from Lectus AS in Norway, as well as a group of North American-based angel investors. All new and current shareholders will continue to be active contributors to Daxap’s goal of creating digital solutions for a better and more inclusive society.
“We look forward to collaborating closely with our new shareholders,” says chairman of the board Anders Krohn, who himself invested in Daxap through the company Lemmus Lemmus LLC in 2022. “Daxap has two bottom lines: financial success and social impact. On both fronts, we can show positive results, and the investors have already created significant value for us.”
More about Daxap:
- Focus on global expansion:
The communication platform Kiddy is already used by over 3,000 users in Norway, the Netherlands, Germany, and the United Arab Emirates – and the focus for 2024 is global expansion. With automatic translation in 19 languages, Kiddy is a solution that can operate on a global basis.
- Collaboration with research communities:
SINTEF’s study on Kiddy in 2023 showed that Kiddy contributes to better communication, relations and understanding between employees and parents.
- ISO 27001 certified:
Daxap has also obtained ISO 27001 information security certification. Security is an important area of focus for Daxap, both with its own SaaS products and in the development of IT solutions for their customers.
Feb 21, 2024 | Daxap
We are delighted to welcome Jan Tveterås as the newest member of the Board of Directors at Daxap AS! Jan brings with him an impressive background and a strong commitment to innovation and social change.
“Daxap is an incredibly exciting company, with an impressive team that creates a positive social impact both through their own products and as an IT supplier to other social entrepreneurs. I look forward to contributing as a board member to the company’s continued growth, both in terms of revenue and the number of people positively impacted by their solutions.”
Background and Experience: Jan has a long and varied career in impact investing, innovation, and collaboration between the public and private sectors. In the last 10 years, he has worked as a consultant through his own company (Ephori Impact). Through Ephori Impact, he has worked for several municipalities, the Norwegian Labor and Welfare Administration (NAV), impact investors, the accelerator program Impact Startup, foundations, and startup companies. In 2018, he founded the travel company Cabin Campers alongside his daily work as a consultant. The company was sold to new owners in 2021. In the last 3-4 years, he has also invested in several startup companies.
As an advisor to Norwegian municipalities, Jan has been a driving force for innovation and collaboration with social entrepreneurs. He has worked closely with companies in Impact Startup to help them measure the social impact of their projects. He has also been involved in projects such as EffektLab and the Nordic mapping of barriers and opportunities for collaboration between impact startups and the public sector.
Engagement and Development: In addition to his work with startups through Impact Startup and his own investments, Jan has also been contracted as the secretariat for the Norwegian Association for Impact Investments, NorNab. He holds a Master’s degree in Management with a specialization in Social Enterprise and has experience from international social investment environments, including the Social Investment Lab in Portugal and participation in the Social Impact Bond Research Program.
A Valuable Resource:
With his extensive experience and passion for social change, Jan is a valuable addition to our team. We look forward to benefiting from his insights and expertise as we continue to develop innovative digital solutions that contribute to a better world.
Welcome, Jan! We look forward to working with you and benefiting from your expertise in the future.
Read more about Jan and Ephori Impact here: https://www.ephori.no/
See Jan’s LinkedIn profile: https://www.linkedin.com/in/jan-tveteras/
Feb 19, 2024 | Daxap
We are proud to welcome our new board member, Oddbjørn Sve, to the Daxap AS family. Oddbjørn is a dedicated social entrepreneur with a passion for solving societal challenges, and we are incredibly excited to have him on board!
“I am very pleased and grateful for the opportunity to work with the team at Daxap. I find the people in the company to be value-oriented, dedicated, and highly competent. They are innovative, professional developers, testers, marketers, and project managers. The team is passionate about improving people’s lives and making businesses more efficient by developing high-quality digital solutions that also strengthen societal sustainability.”
Background and Experience:
Oddbjørn brings with him an impressive set of skills and experiences. With a background as an officer and education from the Norwegian Armed Forces, along with studies in economics, administration, and management from the University College of Nord-Trøndelag, he has a versatile and solid platform to take on the role of board member. He has also founded Euroskolen, a business recognized as a Gazelle company, and has been a key figure in JobLoop AS, which was recently named the Social Entrepreneur of the Year by Ferd AS in partnership with the Confederation of Norwegian Enterprise (NHO).
Oddbjørn shares our vision of using digital solutions to make society better. As the chairman of JobLoop AS, he has been involved in the use of gaming and interactive activities in schools, as well as in developing digital talent in collaboration with schools, the labor market, and the Norwegian Labour and Welfare Administration (NAV).
We look forward to benefiting from Oddbjørn’s extensive experience as a founder, top executive, and chairman in various companies and organizations. His insights into organizational development, business development, and employee engagement will be invaluable for Daxap AS as we continue our work in creating innovative, professional, and sustainable digital solutions.
Oddbjørn shares our enthusiasm for making a positive impact on society, and we look forward to collaborating with him to strengthen our commitment to social entrepreneurship. Welcome to Daxap, Oddbjørn!
For more information about Oddbjørn’s background and engagement, visit: https://lectus.no/om-lectus/