Press release | 12 April 2021

Erik Syrén, CEO of Swedish SaaS company Lime joins Monterro

Erik S News

Leading Nordic growth investor in B2B software companies, Monterro, strengthens its strategic and operational expertise by recruiting Erik Syrén, outgoing CEO of fast-growing CRM SaaS company Lime Technologies.

- “Monterro’s mission goes beyond providing capital: we exist to give B2B software companies the hands-on support they need to grow. The addition of Erik Syrén will enable us to do this even more effectively. We’re so pleased to have him on our team,” says Gustav Lagercrantz, Monterro’s CEO.

The team at Monterro has extensive experience of building and managing successful SaaS companies such as Episerver, Orc Software and Pointsec. Erik Syrén brings more than 20 years experience in various positions at Lime Technologies—a company focused on sustainable long-term growth, which achieved an average yearly growth of 20% and an EBITA margin of 25%. Lime Technologies has been through several ownership structures during its growth and was listed on Nasdaq Stockholm (Midcap) in 2018.

- “Erik’s knowledge and experience at Lime Technologies will be invaluable, both to Monterro and our portfolio of companies which are on similar growth journeys,” continues Gustav Lagercrantz.

- “I’m really looking forward to sharing my experience—both strategic and operational—with Monterro’s portfolio of companies. Monterro is unique among growth investors: in addition to actively supporting software companies, 30% of its invested capital comes from its employees. This approach suits me perfectly,” says Erik Syrén.

BACKGROUND 11

About Monterro 

Monterro is a hands-on growth investor. Our mission is to turn Nordic B2B software companies into market leaders – by contributing our time, experience, know-how, and networks. And yes, we provide capital too. We are previous founders, entrepreneurs, and executives who now support our portfolio companies in all aspects of growth.

And by investing our own capital, we are personally committed to our mutual success. Monterro is headquartered in Stockholm with offices in Oslo, Copenhagen, and our own software development centre in Hanoi. Learn more at monterro.com.

Press Contact

The growth excellence team

Gustav Lagercrantz

CEO and Portfolio Chair