University of Jyväskylä

UNIFUND JYVÄSKYLÄ LTD: Humap Software Ltd, new investment of Unifund

Unifund continues to invest in research-based companies. Unifund participates in the investment round of Humap Software Ltd, one of Finland’s hottest start-up companies in the field of working life development. Humap Software has collected growth funding worth 1.3 million euros and aims to quickly internationalise its REAL service, a tool for strategy development and change management.

With the help of the funding, the start-up star from Jyväskylä will expand the REAL service to organisational development and change management. REAL enables better strategy development and change management, including mergers and acquisitions, better personnel commitment and collaboration. REAL is used by more than one hundred customers in about one thousand projects – in more than ten countries.

In addition to Unifund, nine business angels were involved in the funding round, which enables Humap Software to accelerate its growth and internationalisation. The local venture capital fund Midinvest Ltd is also part of the funding syndicate. Certain part of funding comes from Tekes, the Finnish Funding Agency for Innovation, which granted almost 600,000 euros to accelerate the growth.

REAL is the right answer to challenges that organisations are facing right now. We want to support the change of organisational life and consultation business, make digitalisation an essential part of ordinary life in organisations and increase the impact of development and consultation, says Ilkka Mäkitalo, the managing director of Humap Software.

Humap Software has very close connections with the University of Jyväskylä. About half of the personnel of Humap Software have studied at the university either as master’s or doctoral students. The development of REAL was started in the University of Jyväskylä’s information technology research centre. Humap Software has collaborated diversely with various faculties and departments (e.g. the Department of Communication and the Finnish Institute for Educational Research). The REAL strategy service is widely used at the University of Jyväskylä. The strengths of the university, namely pedagogics, communication, information technology and psychology, are combined in the services of Humap Software.

We are grateful to the university for strong competence, which is the basis of the REAL tool. We would like to further develop this close cooperation and research collaboration. Although we are aiming at international growth, our roots will stay deeply in Jyväskylä, says Mäkitalo.

Additional information:

Ilkka Mäkitalo
Humap Software Ltd
Managing director
+358 50 558 6648
ilkka.makitalo@humapsoftware.com

Hanna Liimatainen
Humap Software Ltd
Communications
+358 40 737 1039             
hanna.liimatainen@humapsoftware.com                    

Vesa Kupari
Unifund Jyväskylä Ltd
Managing director
+358 400 616 940
vesa.kupari@jyu.fi

 

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