Gilion appoints Andreas Hedlund as new CFO and Deputy CEO
STOCKHOLM – June 19, 2024 – Gilion (formerly Ark Kapital), the Swedish Growth & Lending platform, today announced the appointment of Andreas Hedlund as its new CFO and Deputy CEO. The appointment of a new CFO and Deputy CEO comes just months after the company secured a new €10 million equity funding round to gear up for the next phase in making debt mainstream in tech.
Riding the wave of a disruptive trend in the finance industry, Andreas joins Gilion alongside existing investors and heavy hitters in banking including Annika Falkengren, former CEO at SEB; John McCormick, former co-head of Blackstone; and Andrew Konopelski, former Head of EQT Credit. Together with Gilion, they recognize the inevitable shift from static, outdated data to real-time insights, how AI will amplify human ability to identify solid business opportunities, and how this combination will fundamentally change the credit decision process for founders and early-stage tech startups.
Gilion CEO, Oscar Werner says:“Andreas’ extensive experience in international finance and financing, encompassing debt and equity at firms like Trill Impact, Danske Bank, EQT, and Goldman Sachs, uniquely positions him to transform Gilion’s Finance team into a formidable force. He's one of the few with such international experience emerging from the Nordics. Andreas’ previous roles including his tenure during Trill Impact’s rapid growth underscores his capability to support founders worldwide with innovative financing solutions. I am thrilled to collaborate with him to strategically position Gilion for its next exciting phases of growth.”
Andreas Hedlund most recently served as Partner, CFO and Head of Financing at Trill Impact – a pioneering Impact House with around EUR 1.2 billion in assets under management across their Impact Private Equity, Impact Ventures and Microfinance investment strategies. Andreas has more than 20 years of professional experience in private equity and leveraged finance. Prior to joining Trill Impact, Andreas was the Head of Leveraged Finance Sweden at Danske Bank. His previous positions also include: Partner & Head of Fundraising at Brunswick Real Estate; Investment Advisory Professional and Investor Relations Director at EQT; and Analyst at Goldman Sachs in London.
"I’ve worked with many fintech teams in my professional career, but Gilion offers a compelling proposition and opportunity with its combination of a disruptive business idea, cutting-edge technical platform, and a highly experienced, passionate, and smart founding team. I am very excited to contribute to the next steps in the company's successful development and transform how tech companies grow and fund themselves," says Andreas Hedlund, new CFO and Deputy CEO at Gilion.
Gilion empowers tech companies by providing access to always updated insights into their historical and future performance. Our proprietary real-time analysis and predictions serves as the engine enabling Gilion to provide access to long-term, non-dilutive loans to growth stage companies. Given Gilion understands the underlying performance better, we can offer access to Growth Loans with up to 2 years interest only periods before amortization starts, and up to 6 years to repay the loan. In 2023, Gilion expanded its operations to include Sweden, Germany, Denmark and Finland.
Gilion (formerly Ark Kapital) is backed by LocalGlobe, Creandum, former Blackstone Co-head, John McCormick, banking veteran Annika Falkengren of SEB and Lombard Odier, Andrew Konopelski, former Head of EQT Credit, and seven unicorn founders including Hjalmar Winbladh of Epidemic Sound and founding partner of EQT Ventures, Jacob De Geer of IZettle, Timo Soininen of Small Giant Games, Ilkka Paananen of Supercell, Sebastian Knutsson of King, Riccardo Zacconi of King, and Steve Anavi of Qonto.
To learn more about Gilion, including our loans and unrivaled growth forecasting, head over to www.gilion.com.