Image - 3 July 2024

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Contacts

Gustav Lagercrantz

Press contact CEO of Monterro At Monterro, Gustav is Chairman of the Board of Matilda Foodtech, TimeEdit, and PLAYipp. He is a board member at Umbraco. gustav.lagercrantz@monterro.com +46 70 734 74 11

The demand for pay transparency and pay equity solutions is increasing in the EU. Now, the Swedish pay equity platform Pihr expands internationally with software growth investor Monterro.

Monterro has acquired a majority stake in the Swedish SaaS company Pihr, which offers a platform that identifies and resolves pay gaps to ensure fair compensation in workplaces. The partnership allows Pihr to accelerate its growth journey in Europe, a market with high growth potential as the EU's new pay transparency directive imposes increased requirements on full pay transparency and pay equity.

We turn Nordic software companies into global players.

Monterro is not your typical investment firm. We combine entrepreneurial spirit, business experience and personal networks to support the management teams it partners with. Based in Stockholm, Monterro is a hand-on growth investor targeting software companies in the Nordic region. Unlike other firms, who only invest other people’s money, the Monterro partners have a personal stake in each and every investment. We have skin in the game.