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
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ageras A/S
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Annual Revenue
$15.82 K (USD)48as on Dec 31, 2021
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Net Profit
-$27.39 K (USD)-162as on Dec 31, 2021
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EBITDA
-$27.33 K (USD)-169as on Dec 31, 2021
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Total Equity Funding
$232.57 M (USD)
in 10 rounds
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Latest Funding Round
$87.87 M (USD), Series D
Apr 30, 2024
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Investors
Canadian Imperial Bank of Commerce
& 8 more
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Employee Count
Not available
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Investments & Acquisitions
Billy
& 4 more
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Acquired by
Investcorp
(Mar 15, 2017)
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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.
People of Ageras
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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.
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 |
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Investment services are offered to early-stage technology and impact companies.
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Private equity, real estate, and credit investments are managed globally.
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Venture capital focused on internet, software, consumer, and technology sectors
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Investor details for Ageras
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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.
Investment portfolio details for Ageras
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Shine is recognized as an online professional banking service.
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Locked | Locked | 2017 | Locked | |
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Cloud-based HRMS solutions are delivered for enterprises and SMBs.
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Locked | Locked | 2016 | Locked | |
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Bookkeeping is automated for online stores via integrated platforms.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Ageras
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Financial Statements - Ageras
Detailed financials for Ageras
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Ageras Comparisons
Peer comparison for Ageras
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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 year | HQ Location | Description |
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| Locked | Locked | Locked |
Accounting and invoice software comparison platform for small businesses
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A platform for comparing and selecting tax accountants.
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| Locked | Locked | Locked |
A community platform connecting clients with professionals.
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| Locked | Locked | Locked |
Serves as a platform for comparing tax options for businesses and individuals.
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Serves as an online marketplace for discovering finance professionals and related jobs.
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Detailed competitors of Ageras
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Latest news on Ageras
Complete news archive for Ageras
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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.
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.