About Ageras
Ageras is a company based in Philadelphia (United States) founded in 2012 by Rico Andersen and Martin Hegelund was acquired by Investcorp in March 2017. Ageras has raised $232.57 million across 10 funding rounds from investors including Canadian Imperial Bank of Commerce, Lazard and Centripetal Capital Partners. Ageras has completed 5 acquisitions, including Billy, Employes and Shine. Ageras offers products and services including Invoicing, Accounting, Banking, Taxes, and Reporting. Ageras operates in a competitive market with competitors including Business.com, Semutong, QuiqPro, Tax Itda and Organisse, among others.
- Headquarter Philadelphia, United States
- Founders Rico Andersen, Martin Hegelund
- Stage Minicorn
- SectorsTechnology
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website ageras.com/us
- Social LinkedIn X Facebook
- Acquired by Investcorp (Mar 2017)
- Legal Name Ageras A/S
- Annual Revenue$15.82 K (USD)48as on Dec 31, 2021
- Net Profit-$27.39 K (USD)-162as on Dec 31, 2021
- EBITDA-$27.33 K (USD)-169as on Dec 31, 2021
- Total Equity Funding$232.57M (USD)
in 10 rounds
- Latest Funding Round$87.87M (USD), Series D
Apr 2024
- InvestorsCanadian Imperial Bank of Commerce
& 8 more
- Investments & AcquisitionsBilly
& 4 more
- Acquired byInvestcorp
(Mar 2017)
Products & Services of Ageras
Ageras offers a comprehensive portfolio of products and services, including Invoicing, Accounting, Banking, Taxes, and Reporting.
Streamlines billing with professional invoices and automated payments.
Tracks expenses and reconciles accounts for small businesses.
Offers free business accounts and real-time transfers.
Automates VAT submissions and minimizes tax-related fines.
Provides real-time overviews of business performance data.
Facilitates invoice financing and credit lines for businesses.
Handles payroll calculations and employee tracking simply.
Funding Insights of Ageras
Ageras has successfully raised a total of $232.57M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $87.87 million completed in April 2024. 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.
- Total Funding $232.57M
- Total Rounds 10
- Last Round Series D — $87.87M
- First Round $1.28M
(May 2015)
- Investors Count 9
All 10 funding rounds of Ageras with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $87.87M | Series D | – | Investcorp | |
| Aug 2022 | $35.93M | Debt – Conventional | – | – | |
| Jul 2022 | $3.28M | Series C | – | – | – |
| Dec 2021 | $35.87M | Series C | – | Centripetal Capital Partners | |
| Feb 2021 | $80.31M | Series C | $151.98M | Lugard Road Capital | – |
| Jun 2020 | $3.64M | Series B | $48.24M | Rabo Frontier Ventures | – |
| Aug 2019 | $11.03M | Series B | $••••• | – | – |
| Apr 2018 | $3.68M | Series A | $••••• | – | – |
| Mar 2017 | $5.6M | Series A | $••••• | – | – |
| May 2015 | $1.28M | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2021 | $151.98M | •••••••• |
| Jun 2020 | $48.24M | •••••••• |
| Aug 2019 | $••••• | •••••••• |
| Apr 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of Ageras
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $151.98M (Feb 2021). 9 investors in total: 8 institutional and 1 angel.
Investors in Ageras
Ageras has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Lazard and Centripetal Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services are offered to early-stage technology and impact companies. | – | centricap.com | Stamford, United States | |
Private equity, real estate, and credit investments are managed globally. | – | investcorp.com | New York, United States | |
Venture capital focused on internet, software, consumer, and technology sectors | – | lugardroadcapital.tcc.mode | New York, United States | |
VC firm focused on fintech & agtech startups | – | rabofrontierventures.com | Utrecht, Netherlands | |
Commercial banking services are provided to individuals and businesses. | 1867 | cibc.com | Toronto, Canada | |
Roos Neon is engaged in signage and printing solutions. | – | roosneon.net | Malmö, Sweden | |
Folketrygdfondet is tasked with managing Norway's pension fund assets. | 1967 | folketrygdfondet.no | Oslo, Norway | |
Diversified investment management is focused on middle-market advisory. | 1848 | lazard.com | New York, United States | |
SE Saeid Esmaeilzadeh | Swedish-Iranian entrepreneur, angel investor, and co-founder of Serendipity Group. | – | unknown_90d89bc51d664e5f8 | - |
Investor details for Ageras
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ageras
5 people are tracked at Ageras (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Rico Andersen | Co-Founder & CEO | Leadership |
Martin Hegelund | Co-Founder & CMO | Leadership |
Nick Pfeyffer | Director, Netherlands | Leadership |
Markus Frank | Director, Germany | Leadership |
Marthe Friedrich | Senior Client Consultant | Team |
Complete people profiles for Ageras
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Ageras
Ageras has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Billy, Employes and Shine.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based HRMS solutions are delivered for enterprises and SMBs. | employes.nl | Amsterdam, Netherlands | 2016 | Jul 2025 | •••• | |
Bookkeeping is automated for online stores via integrated platforms. | storebuddy.io | Copenhagen, Denmark | 2015 | Feb 2025 | •••• | |
Shine is recognized as an online professional banking service. | shine.fr | Paris, France | 2017 | Jun 2024 | •••• | |
Invoice management software is provided for businesses. | zervant.com | Espoo, Finland | 2010 | Sep 2021 | •••• | |
Accounting software is offered for freelancers and small businesses. | billy.dk | Copenhagen, Denmark | 2009 | Aug 2019 | •••• |
Complete acquisition details for Ageras
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Ageras
10 dated milestones of Ageras across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Ageras is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Investcorp.
- Acquisition Acquires Billy.
- Acquisition Acquires Zervant.
- Funding Latest funding round, Series D, of $87.9M.
- Acquisition Acquires Shine.
- Acquisition Acquires Storebuddy.
- Acquisition Acquires Employes.
Competitors of Ageras
Ageras 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 Business.com, Semutong, QuiqPro, Tax Itda and Organisse, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| business.com | 1999 | Waltham, United States | $61M | 386 | Accounting and invoice software comparison platform for small businesses | |
| semutong.com | 2015 | Anyang, South Korea | – | – | A platform for comparing and selecting tax accountants. | |
| quiqpro.com | 2019 | Elk Grove, United States | – | – | A community platform connecting clients with professionals. | |
| edda.kr | 2019 | Seoul, South Korea | – | – | Serves as a platform for comparing tax options for businesses and individuals. | |
| organisse.com.au | 2018 | Sydney, Australia | – | – | Serves as an online marketplace for discovering finance professionals and related jobs. | |
| top5payrollservices.com | 2019 | – | – | – | Provides expert reviews and rankings of payroll service providers. | |
| taxprovider.com | 2010 | Colorado Springs, United States | – | – | Online platform connecting users with tax preparers and related services worldwide. |
Detailed competitors of Ageras
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ageras
The website of Ageras (ageras.com) receives about 36.7K visits a month and ranks #854,919 among all websites worldwide, #9,131 in Financial Planning and Management.
- Monthly visits36.7K
▲ 0.7% vs previous month
- Unique visitors15.2K
per month
- Global rank#854,919
among all websites
- Category rank#9,131
Finance · Financial Planning and Management
- Bounce rate42%
- Pages per visit1.9
- Average visit42 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Ageras. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
finovion.nl | finovion.nl | 100% | – | #2,162,880 | – |
companeo.co.uk | companeo.co.uk | 98% | – | #9,881,600 | – |
dealmaker.nl | dealmaker.nl | 97% | – | #977,230 | – |
steuerberater.de | steuerberater.de | 80% | – | #1,547,943 | – |
| rsm.global | 70% | 347.8K | #155,138 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Ageras
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 22 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Ageras
Complete news archive for Ageras
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Ageras
10 companies that operate in the same segment as Ageras (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Ageras
Ageras was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Ageras is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Rico Andersen is the current CEO of Ageras. They have also founded this company.
Ageras is a funded company, having raised a total of $232.57M across 10 funding rounds to date. The company's 1st funding round was a Seed of $1.28M, raised on May 2015.
Annual revenue of Ageras is $15.82K as on Dec 31, 2021.
Ageras was established in 2012 and is headquartered in Philadelphia, United States. An online marketplace is operated by the company, where small businesses are matched with accountants and bookkeepers. Services focus on facilitating connections for financial advisory needs across multiple regions. The platform is led by co-founders Rico Andersen as CEO and Martin Hegelund as CMO, with operations centered on streamlining accounting procurement for users.
Ageras's top competitors include Business.com, Semutong and QuiqPro.
Ageras offers Invoicing, Accounting, Banking, Taxes, and 3 more products and services.
Ageras has 9 investors. Key investors include Canadian Imperial Bank of Commerce, Lazard, Centripetal Capital Partners, Saeid Esmaeilzadeh, and Investcorp.
The valuation of Ageras is $151.98M as of Feb 2021.
Ageras operates through Ageras A/S.