Investment app Stack by Me plans to raise NOK 6 million in new equity, less than a year after the company raised NOK 10.5 million. The company signals a push into crypto, Sweden and a digital investment adviser.
Stack by Me is built as a social, mobile-first investment platform with a stated goal of reducing the disparity in saving and investing power between women and men, by combining investment, learning and community.
In a previous Kaupr case, entrepreneur and CEO Madeleine Bjørnestad Røed told how the company, after raising NOK 10.5 million in new capital, should grow further in product breadth, functionality and markets, with particular emphasis on lowering the threshold for long-term savings. According to Stack by Me, the new issue is now being carried out following strong growth in users, capital and revenue, and as a next step in the growth plan outlined in the previous round. Stack by Me is led by Madeleine Bjørnestad Røed (pictured).
In a new email to interested investors, Stack by Me states that the company will now raise NOK 6 million in fresh equity, and that the recipients will have the opportunity to subscribe before the issue is opened wider. The company says that it has already committed NOK 1.7 million through 54 subscription forms in the ongoing round, which means that a significant part of the target is in place before the campaign is launched. The issue is presented as an opportunity to become part of a shareholder community that already counts around 1300 owners, while the company points to a target of an IPO around 2028 - specifying that this is an ambition and not a promise.
In the email, Stack by Me highlights what they describe as strong operational development over the past year. Operating income from mutual funds, consultancy and consultancy should be up more than 400 per cent from last year, without absolute levels of income or profit being included in the report. The company also states that it has over 25,000 registered users, more than 8,000 active app users in the last 30 days, over 5,000 fund customers and around NOK 180 million on the platform, giving a snapshot of current activity and volume.
The new issue is also used to outline the next phase in product development. Stack by Me reports that they are launching an investment advisor feature in February, dubbed “choose a fund for me,” that will make fund selection easier for users who want guidance rather than putting together portfolios themselves. According to the email, a “soft launch” is already underway, with a wider rollout in the coming weeks. The company also plans to launch crypto and to enter Sweden during the second quarter of 2026, writing that both ventures are already well underway, which will test how well the social investment model can scale beyond the Norwegian market.
The invitation to become co-owner builds on Stack by Me's community-oriented profile, where users are not only customers, but can also gain ownership. It relates to the same themes Røed described earlier about reducing gaps in savings, knowledge and financial leverage by giving more people the opportunity to participate on the ownership side. For investors and observers alike, it raises familiar questions: how quickly such a platform can translate user growth and engagement into sustainable and regulated revenues, and how a shareholder base dominated by small savers will respond through market and earnings cycles
