About Accountor
Accountor is a company based in Espoo (Finland) founded in 1944 was acquired by Aspia in June 2024. It operates as a Professional Services. Accountor offers products and services including Financial Management Services and HR Services. Accountor operates in a competitive market with competitors including ADP, UKG, Bullhorn, Randstad and Insperity, among others.
- Headquarter Espoo, Finland
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Sectors
Business Services
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Phone
*********
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Website
*********
- Legal Name Accountor
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Products & Services of Accountor
Accountor offers a comprehensive portfolio of products and services, including Financial Management Services and HR Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financial management services are provided for business accounting needs.
HR services are offered to support employee management tasks.
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Funding Insights of Accountor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Accountor
Accountor has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include KKR, Digia and Aspia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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Growth equity investments are directed toward expanding startups across sectors.
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Advania is recognized as a leading IT service provider in Northern Europe.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Accountor
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Accountor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Accountor Comparisons
Competitors of Accountor
Accountor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADP, UKG, Bullhorn, Randstad and Insperity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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Provider of HR and payroll & workforce management solutions
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Cloud-based ATS and CRM systems are offered for staffing agencies.
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HR consulting, recruitment, and outsourcing services are offered worldwide.
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HR outsourcing services are provided to businesses by Insperity.
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HR, insurance, and liability services are provided by Alera Group.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accountor
Frequently Asked Questions about Accountor
When was Accountor founded?
Accountor was founded in 1944.
Where is Accountor located?
Accountor is headquartered in Espoo, Finland.
What is the annual revenue of Accountor?
Annual revenue of Accountor is $9.04M as on Dec 31, 2021.
What does Accountor do?
Accountor is established as a trusted provider of financial, payroll, and HR management services across Northern Europe. Services are offered in Finland, Denmark, Ukraine, Netherlands, Sweden, and Norway under the Accountor and Aspia brands. The company is supported by over 3,100 professionals and focuses on delivering actionable business insights, modern digital tools, and personalized support. Operations are conducted as part of the Aspia Group since July 2024, targeting startups to established enterprises to streamline administrative tasks and foster business growth.
Who are the top competitors of Accountor?
Accountor's top competitors include Randstad, Alera Group and UKG.
What products or services does Accountor offer?
Accountor offers Financial Management Services and HR Services.
Who are Accountor's investors?
Accountor has 5 investors. Key investors include KKR, Digia, Aspia, Advania, and Vitruvian Partners.
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