Finnish SaaS startup Swarmia secures €10 million to power engineering productivity

Helsinki-based Swarmia, an SaaS company building a software engineering intelligence platform, has raised €10 million in new funding to provide real-time insights into product development.

The round was led by DIG Ventures and Karma Ventures, with participation from notable angel investors, including Open AI’s Head of Developer Experience Romain Huët and Cal Henderson, Co-founder and former CTO of Slack.

“All companies are now looking for profitability and growth. Sustainable growth starts with a well-oiled team of engineers, who work toward a shared goal and deliver world-class products to the market effectively”, says Otto Hilska, Founder and CEO of Swarmia.

“Swarmia helps organisations master the three pillars of engineering effectiveness. These three pillars, business outcomes, developer productivity, and developer experience, all directly contribute to how any company can grow and succeed. With Swarmia, engineering leaders can align work with business goals, managers can streamline development processes, and developers can focus on high-value tasks with fewer interruptions,” he adds.

Founded in 2019 by serial entrepreneur Otto Hilska, Swarmia helps software engineering teams improve developer productivity and experience. The platform provides real-time insights into product development, enabling data-driven decision-making, streamlined reporting, and smoother cross-team collaboration.

“Most developer tools today simply display data. While data visualisation serves a purpose, the real challenge lies in helping engineering teams interpret this data and act on it effectively. Swarmia provides engineering teams with actionable recommendations to drive better business outcomes and profitable growth,” Hilska says.

Software engineering intelligence is an emerging category. According to Gartner, the adoption of these tools is expected to grow from 5% to 70% of companies in the coming years. The growth reflects a major shift in managing engineering organisations; engineering leaders now focus on creating systems that help teams prioritise work and deliver customer value more efficiently.

However, Swarmia says that many organisations struggle to adopt modern practices due to insufficient data and challenges in applying it strategically. Swarmia aims to address this challenge by combining carefully selected quantitative metrics with qualitative survey data.

“We’re thrilled to enter this next growth phase. We already support several Fortune 500 companies that rely on our platform not just to process their large quantities of data, but also to receive real-time recommendations for the actions they should take,” Hilska adds.

Swarmia’s client portfolio includes leading global companies such as Docker, Webflow, Engine, Miro, Trustpilot, and Pleo. Swarmia is expected to expand its presence in the US market as well.

“Swarmia is redefining software engineering intelligence at a time when adoption is moving into the mainstream, and we’re really excited to partner with them. It’s inspiring to see a leader in the space emerging from Europe. What really stood out in our conversations with Swarmia customers was the ease of adoption and the genuine relief of engineering leaders in top-tier software companies, finally having a unified data source to confidently lead their engineering teams,” says Kristjan Laanemaa, Founding Partner at Karma Ventures.

The post Finnish SaaS startup Swarmia secures €10 million to power engineering productivity appeared first on EU-Startups.