Swedish Version Lens receives €1.5M to pioneer innovative tools for product managers
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Version Lens, a Stockholm-based company, has secured €1.5 million in pre-seed funding from investors like People Ventures, Curiosity, and Pitchdrive. The company is on a mission to address the lack of dedicated tools for product managers, offering the world’s first co-pilot for them. This tool, focusing on Product Operations, automates tasks, extracts valuable insights, and empowers product managers to prioritize innovation over administrative burdens. The funding will be used to enhance their product roadmap, introducing new features and propelling the company toward greater efficiency and innovation in the field of product management.
In recent years, there have been lots of new tools dedicated to make work smarter and improve performance across company functions. DevOps has for long been a must-have and in the last few years, RevOps has become an important enabler for commercial teams to accelerate, scale, and focus on the right things.
Despite this, there’s been a gap when it comes to tools built for product managers. This means product teams, especially product managers, end up spending too much time on tasks that don’t contribute to the core of their job.
“Product development is the heart of any company, making it hard to understand why we haven’t seen the same rise of solutions dedicated to enabling product teams. After all, anyone who’s been part of a product team knows that way too little time goes into building and too much into putting out fires, endless Slack threads, stand-ups, and maintaining an ever-growing backlog.” says Fredrik Stockman, Co-Founder and CEO at Version Lens.
Fredrik, Pascal, and Pontus, the founders of Version Lens, have all experienced these struggles firsthand throughout their careers while building companies such as Krea, Virkesbörsen, and Freebee. Inspired by their experiences, Version Lens is building the world’s first co-pilot for product managers. The tool is all about Product Operations, making work easier by automating and streamlining tasks, extracting valuable insights from existing data, and empowering product managers to focus on innovation and strategic planning instead of overhead. The team stands at the forefront of a shift toward greater efficiency and innovation in product management. It’s now time for product managers to focus on the aspects of their role that generate real impact, not just managing overhead tasks.
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