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Danish startup Keepit raises $30m

Cloud-based backup-as-a-Service startup Keepit has raised $30 million from growth investor One Peak, with the goal of increasing momentum both in Europe and the US.

The round is the single largest SaaS investment in a bootstrapped company in Nordic, according to Crunchbase.

Keepit is a Backup-as-a-Service provider, specialising in protecting data from SaaS solutions such as Microsoft 365, Salesforce, Dynamics 365, and G Suite.

“We are incredibly excited to back Keepit and its founders as we share their view that there is a huge global opportunity in data protection and recovery, driven by the accelerating move to the cloud,” says David Klein, Managing Partner at One Peak.

“Keepit has a unique technology stack, a strong infrastructure footprint, and is led by two world-class repeat entrepreneurs – Morten and Frederik – who have multiple successful exits on their CV and a proven ability to execute.

“We are thrilled to partner with the One Peak team. The cloud backup market is a market with a few, but large, global players, and we need to build awareness and trust for our future customers, which is now possible with the support of One Peak,” says Frederik Schouboe, CEO and Co-founder of Keepit.

With the investment from One Peak, Keepit expects to double the numbers of employees in its offices in Copenhagen, Denmark and Lviv, Ukraine, as well as their satellite offices around the world, including the US, with the goal of spreading awareness of Keepit’s solutions globally.

“We believe that we have the most secure, most agile and scalable solution in the market when it comes to data protection of cloud data. With the support of One Peak, we can continue our amazing growth journey in Europe and in the US where we just signed our biggest client yet, protecting its more than 30,000 employees,” adds Frederik Schouboe.