About Accountor
Accountor is a company based in Helsinki (Finland) founded in 1944 was acquired by KKR in July 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 Azets, XTM, Norian, InfoSync and Mortimer Childe, among others.
- Headquarter Helsinki, Finland
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Sectors
Business Services
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Phone
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Website
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Social
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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.
Funding Insights of Accountor
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Private Equity Round - Accountor | Valuation |
investors |
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Accountor
Accountor has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include KKR, Vitruvian Partners and Sponsor Capital. 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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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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A Finnish private equity firm focused on majority investments.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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 Azets, XTM, Norian, InfoSync and Mortimer Childe, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online accounting, tax, and audit management services for small businesses
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| domain | founded_year | HQ Location |
On-demand payment solutions are provided for service industry businesses.
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| domain | founded_year | HQ Location |
RPA consulting, implementation, and delivery services are offered by Norian.
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| domain | founded_year | HQ Location |
Accounting, payroll, and reporting services for restaurants are provided.
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| domain | founded_year | HQ Location |
Offers payroll solutions for contractors, ensuring compliance, payments, and support services.
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| domain | founded_year | HQ Location |
Human capital management solutions are delivered to enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Accountor
When was Accountor founded?
Accountor was founded in 1944 and raised its 1st funding round 71 years after it was founded.
Where is Accountor located?
Accountor is headquartered in Helsinki, Finland.
What does Accountor do?
Accountor is established as a trusted provider of financial, payroll, and HR management services across Northern Europe. Services are offered under the Accountor brand in Finland, Denmark, Ukraine, and the Netherlands, and under the Aspia brand in Sweden, with a dual branding approach in Norway. The company, part of Aspia Group since July 2024, operates in six countries with over 3,100 professionals. Solutions are tailored to support businesses at various growth stages, providing modern digital tools, actionable insights, and personalized expert advice to streamline operations and enhance employee satisfaction.
Who are the top competitors of Accountor?
What products or services does Accountor offer?
Accountor offers Financial Management Services and HR Services.
Who are Accountor's investors?
Accountor has 4 investors. Key investors include KKR, Vitruvian Partners, Sponsor Capital, and Sequent Invest.