Acubiz

Copenhagen, Denmark Founded: 2005 • Age: 21 yrs Acquired By Visma
Cloud-based expense management solutions are offered for businesses.
Annual revenue - Latest available
Total funding $117.7M 8 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Acubiz

Acubiz is a company based in Copenhagen (Denmark) founded in 2005 was acquired by Visma in December 2021. Acubiz has raised $117.72 million across 8 funding rounds from investors including Visma. Acubiz offers products and services including Expense Management Software, Invoice Management, and Time Registration. Acubiz operates in a competitive market with competitors including Ramp, Brex, Navan, Spendesk and Concur, among others.

  • Headquarter Copenhagen, Denmark
  • Stage Soonicorn
  • Sectors
    Travel & Hospitality
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Visma Acubiz A/S
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $117.72 M (USD)

    in 8 rounds

  • Latest Funding Round
    $22.46 M (USD), Series B

    Oct 30, 2017

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Visma

    (Dec 13, 2021)

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Products & Services of Acubiz

Acubiz offers a comprehensive portfolio of products and services, including Expense Management Software, Invoice Management, and Time Registration.

Product name locked
Category locked
Primary

Platform for tracking business expenses and receipts

Product name locked
Category locked
Locked

System for handling invoices and payments efficiently

Product name locked
Category locked
Locked

Tool for logging work hours and absences

People of Acubiz

Headcount 10-50
Employee Profiles 26
Employee Profiles
People
Jan B. Junker Nielsen
Sales Executive / Central South Jutland & Funen
People
Anders Friis
Commercial Director
People
Edda Davidsdottir
Director Of Finance And Operations
People
Andrea Brønnum - Hyttel
Student Helper

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Funding Insights of Acubiz

Acubiz has successfully raised a total of $117.72M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $22.46 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Acubiz

Acubiz has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Visma.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based ERP software is provided for business management across segments.
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Investor details for Acubiz

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Acubiz

Investments
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Investment portfolio details for Acubiz

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Financial Statements - Acubiz

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Detailed financials for Acubiz

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  • Profit trends
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Acubiz Comparisons

Acubiz Primary company
Description
Cloud-based expense management solutions are offered for bus...
Location
Copenhagen, Denmark
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Acubiz

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Competitors of Acubiz

Acubiz 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 Ramp, Brex, Navan, Spendesk and Concur, among others.

Company Name Domain Founded year HQ Location Description
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Spend management and accounts payable solutions are delivered to businesses.
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SaaS-driven credit card and spend management solutions platform for businesses
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Corporate travel and expense management are facilitated through SaaS platform.
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Provider of prepaid cards for financial benefits of employees
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Corporate travel expenses and invoices are managed via SaaS platform.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Acubiz

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Latest news on Acubiz

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Complete news archive for Acubiz

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Frequently Asked Questions about Acubiz

Acubiz was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Acubiz is headquartered in Copenhagen, Denmark.

Acubiz is a funded company, having raised a total of $117.72M across 8 funding rounds to date.

Acubiz was founded in 2005 in Copenhagen, Denmark, and operates in the financial software sector. Cloud-based solutions are provided to automate the entry of employee expenses, internal reminders, and credit card transaction imports. Integration with ERP and payroll systems is supported, enabling cost reductions and efficiency improvements in expense handling. Manual procedures for various expense types are streamlined across business operations.

Acubiz's top competitors include Navan, Ramp and Brex.

Acubiz offers Expense Management Software, Invoice Management, and Time Registration.

Acubiz has 1 investor. Key investors include Visma.

The valuation of Acubiz is $995.9M as of Oct 2017.

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