About ePassi
ePassi is a company based in Espoo (Finland) founded in 2007 by Risto Virkkala and Tommy Sarja was acquired by TA in August 2023. ePassi has raised $45.39 million across 1 funding round from investors including Warburg Pincus, ActiWay and Bregal Milestone. ePassi has completed 7 acquisitions, including ActiWay, Alleo and Eudaimon. ePassi offers products and services including Epassi App and EpassiBIKE. ePassi operates in a competitive market with competitors including Flutterwave, PayU, Sodexo, CyberSource and Wirecard, among others.
- Headquarter Espoo, Finland
- Founders Risto Virkkala, Tommy Sarja
-
Sectors
HealthcareTravel & Hospitality Financial Services Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$45.39 M (USD)
in 1 rounds
-
Latest Funding Round
$45.39 M (USD), Series C
Sep 30, 2019
-
Investors
Warburg Pincus
& 4 more
-
Employee Count
Not available
-
Investments & Acquisitions
ActiWay
& 6 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ePassi
ePassi offers a comprehensive portfolio of products and services, including Epassi App and EpassiBIKE.
App for redeeming employee benefits like meals and transportation.
Service for managing bike-related employee benefits and commuting.
People of ePassi
Unlock access to complete
Funding Insights of ePassi
ePassi has successfully raised a total of $45.39M through 1 strategic funding round. The most recent funding activity was a Series C round of $45.39 million completed in September 2019. 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 ePassi
ePassi has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, ActiWay and Bregal Milestone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
European growth private equity firm focused on software champions.
|
Locked | Locked | Locked | |
|
Venture capital investments are made in early-stage tech startups.
|
Locked | Locked | Locked | |
|
Multi-stage private equity investments are pursued across diverse sectors.
|
Locked | Locked | Locked |
Investor details for ePassi
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ePassi
ePassi has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include ActiWay, Alleo and Eudaimon.
Investment portfolio details for ePassi
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Compensation and benefits platform is provided for employee personalization.
|
Locked | Locked | 2021 | Locked | |
|
Employee performance management services are provided by Vip District.
|
Locked | Locked | 2010 | Locked | |
|
Employee health and fitness management tool
|
Locked | Locked | 2005 | Locked |
Complete acquisition details for ePassi
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ePassi
Detailed financials for ePassi
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Epassi Comparisons
Peer comparison for ePassi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of ePassi
ePassi 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 Flutterwave, PayU, Sodexo, CyberSource and Wirecard, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of payment processing solutions for businesses
|
|
| Locked | Locked | Locked |
Online payment processing and credit solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
Employee benefits payment cards are provided via an online platform.
|
|
| Locked | Locked | Locked |
Global e-commerce payment processing and security services are managed.
|
|
| Locked | Locked | Locked |
Payment processing solutions are provided for businesses and merchants.
|
Detailed competitors of ePassi
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Epassi
Complete news archive for ePassi
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.
Frequently Asked Questions about ePassi
ePassi was founded in 2007 and raised its 1st funding round 12 years after it was founded.
ePassi is headquartered in Espoo, Finland.
Pekka Rantala is the current CEO of ePassi.
ePassi is a funded company, having raised a total of $45.39M across 1 funding round to date.
ePassi provides online payment solutions for businesses. It features solutions for employee payments including, meals, transportation, healthcare, training, etc, and mobile payments for merchants via QR code scanning. ePassi app, and POS integration.
ePassi's top competitors include PayU, Flutterwave and Sodexo.
ePassi offers Epassi App and EpassiBIKE.
ePassi has 5 investors. Key investors include Warburg Pincus, ActiWay, Bregal Milestone, First Fellow Partners, and TA Associates.