What is Miti?
Founded in 2014, Miti has established itself as a pivotal digital platform within the global trade finance ecosystem. By integrating SWIFT connectivity, advanced APIs, and proprietary Artificial Intelligence, the company enables seamless execution of trade transactions. Its platform is currently utilized by a diverse array of commodity traders and major financial institutions, allowing them to optimize capacity and pricing in an increasingly volatile global market. Miti serves as a bridge between traditional banking infrastructure and the digital-first requirements of modern enterprise trade.
How much funding has Miti raised?
Miti has raised a total of $26.5M across 3 funding rounds:
Other Financing Round
$5.7M
Other Financing Round
$9.8M
Other Financing Round
$11M
Other Financing Round (2018): $5.7M with participation from Fort Knox and MOOR
Other Financing Round (2019): $9.8M led by Kaj Hed, Johan Andersson, and Fort Knox
Other Financing Round (2023): $11M, investors not publicly disclosed
Key Investors in Miti
MOOR
Moor Holding is a Stockholm-based family office owned by Kaj Hed, focusing on long-term investments in digital innovation and private equity.
Fort Knox
A private investment entity providing strategic capital to support the growth and scaling of high-potential technology firms.
Kaj Hed
A prominent serial entrepreneur and investor known for his significant contributions to the Nordic technology and digital innovation landscape.
What's next for Miti?
The recent capital injection positions Miti to accelerate its technological roadmap and expand its footprint in the international trade sector. As the company transitions into a more mature phase of enterprise-level operations, the focus will likely shift toward deepening its AI-driven analytics capabilities and expanding its network of partner banks. By leveraging its existing infrastructure, Miti is well-positioned to capture further market share, providing the necessary liquidity and transparency that global trade participants demand in an era of rapid digital transformation.
See full Miti company page
