FundedIQ
Software Development

Polar: Funding, Investors & Team (Oct 2026)

Polar is a platform for open-source supporters and maintainers that offers subscription services, as well as tools for data processing and integration. Established in 2022, Polar is based in Stockholm, Sweden.

polar.sh LinkedIn Stockholm, Sweden 11-50 employees
Open Source Software Subscription Service
Total raised
$10.0M
Rounds
1
Latest
Seed
Jun 2025

Polar has raised $10.0M across 1 funding round on record, the most recent a Seed of $10.0M announced in Jun 2025.

That round is above the $3.6M median round size for Software Development companies tracked on FundedIQ over the last two years.

Polar Company Profile and Key Stats

Total funding raised
$10.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$10.0M in Jun 2025
Employees
11-50
reported band
Headquarters
Stockholm, Sweden

Latest funding round on record: Jun 2025.

Polar Funding Rounds

Date
Round
Amount
Seed
$10.0M

Polar Founders and Leadership Team

Name
Role
Contact
Birk Nilson
Founder
Locked

Contact details for the Polar team: 1 of 1 has an email address on file.

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Polar Funding Compared to Other Software Development Startups

Segment
Companies
Median round
695
$4.5M
16,970
$3.1M

Polar's latest round of $10.0M is above the median round in Software Development. Medians cover the last 24 months of disclosed rounds.

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Polar Funding FAQs

What does Polar do?

Polar is a platform for open-source supporters and maintainers that offers subscription services, as well as tools for data processing and integration. Established in 2022, Polar is based in Stockholm, Sweden.

How much funding has Polar raised?

Polar has raised $10.0M across 1 round on record. The most recent is a Seed of $10.0M announced in Jun 2025.

When did Polar last raise funding?

Polar's most recent funding round on record is a Seed of $10.0M, announced in Jun 2025.

Who founded Polar?

FundedIQ lists Birk Nilson (Founder) at Polar.

Where is Polar headquartered?

Polar is based in Stockholm, Stockholms Lan, Sweden.

How many employees does Polar have?

Polar is in the 11-50 employee band.

How does Polar's funding compare to other Software Development startups?

Polar's latest round of $10.0M is above the $3.6M median round size for Software Development companies on FundedIQ across 228 tracked companies over the last two years.

About FundedIQ's Polar Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Polar is left off this page rather than filled in.

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