Scaling Europe

← Scaling Europe16. Sept. · 17 Min.

Gustav Bang, Co-founder & CEO of Complir: BREAKING: Complir raised $11m Seed

Gustav Bang, Co-founder & CEO of Complir: BREAKING: Complir raised $11m Seed16. Sept.17 Min.

<p>Complir just raised an $11m Seed led by General Catalyst, with new and existing investors joining the round, just eight to nine months after its pre-seed round. They are growing rapidly and the revenue has grown 40% month over month for the last six months.</p><p><br></p><p>Gustav Bang is Co-founder and CEO of Complir. It helps retailers and brands sell physical products anywhere in the world, handling the compliance work that would otherwise fall on the retailer itself.</p><p><br></p><p>The Scaling Europe show is presented by Deel. Check them out here: <a href="https://get.deel.com/ruynb7o4lfjk">https://get.deel.com/ruynb7o4lfjk</a></p><p><br></p><p>Sponsors:</p><p><br></p><p>SurrealDB: <a href="https://surrealdb.com/">https://surrealdb.com/</a></p><p><br></p><p>Airwallex: <a href="https://www.airwallex.com/uk">https://www.airwallex.com/uk</a></p><p><br></p><p>Lovable: <a href="https://lovable.dev/">https://lovable.dev/</a></p><p><br></p><p>Parloa: <a href="https://www.parloa.com/">https://www.parloa.com/</a></p><p><br></p><p>Conveo: <a href="https://conveo.ai/">https://conveo.ai/</a></p><p><br></p><p>NatWest: <a href="https://www.natwest.com/">https://www.natwest.com/</a></p><p><br></p><p>WWT: <a href="https://www.wwt.com/">https://www.wwt.com/</a></p><p><br></p><p>Timestamps:</p><p><br></p><p>0:00 Introduction<br>0:07 The $11m Seed round and what Complir does<br>1:14 Building the product inside Flying Tiger&#39;s offices<br>4:00 Quadrupling revenue at YC<br>6:43 Lessons from Legora and picking bold bets<br>8:53 Why General Catalyst led the round<br>11:10 Becoming the compliance layer for global commerce<br>12:37 Expanding into the UK and Germany<br>14:14 The pivot to enterprise and the path to a Series A</p>