GP Bullhound is excited to announce its investment in the Swedish marketplace app Tiptapp and to join their journey in creating an impactful logistics solution.

The app allows users find people to help them move things in and out of their homes, letting them decide together what the fee will be.

"We are super happy to get the backing from a renowned investor such as GP Bullhound," said Tiptapp co-founder and CEO Tim Bjelkstam.

“With their support we feel confident that we now can take Tiptapp to the next level and prepare the business for growing outside of Sweden.”

GP Bullhound has been following the team for over a year and has been impressed by the passion and sophistication with which they built their business.

"We are excited to support the Tiptapp team who have built a fantastic and unique customer experience,” said Robert Ahldin, chief investment officer and partner at GP Bullhound.

“We look forward to continuing to build our relationship with Tiptapp and helping them realise their long-term vision."