About Finmatics
Finmatics is a Technology company based in Wien (Austria) founded in 2016 by Patrick Sagmeister and Christoph Prieler, and was acquired by Visma in April 2025. Accounting workflows and document management are automated by AI software. Finmatics has raised $7.6 million across 2 funding rounds from investors including Visma, Mangrove Capital Partners and eQventure. Its website finmatics.com draws about 23 thousand monthly visits. Finmatics offers products and services including Automated Invoice Processing, Booking Suggestions, and Rechnungsfreigabe. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its legal entity is Finmatics GmbH.
Company details
Finmatics was founded in 2016 in Wien, Austria, as a developer of AI software focused on the financial sector. Automation is provided for accounting workflows, including digital input, capture, pre-accounting, and sorting of documents. Multi-level approval processes are supported through a mobile application, ensuring transparency. The softwares modular design and open interfaces enable integration with existing accounting systems.
Products & Services of Finmatics
Finmatics offers a comprehensive portfolio of products and services, including Automated Invoice Processing, Booking Suggestions, and Rechnungsfreigabe.
Automates digitalization of invoices and documents for faster processing.
Generates AI-based proposals for accurate bookkeeping entries.
Manages multi-step invoice approvals to minimize errors and delays.
Apps and channels of Finmatics
its YouTube channel Finmatics has 6 subscribers and 30 videos.
Videos from Finmatics
The most watched videos on Finmatics's YouTube channel, Finmatics (6 subscribers). Click a video to play it here.
More on Finmatics.
Funding Insights of Finmatics
Finmatics has successfully raised a total of $7.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.43 million completed in March 2023. 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 $7.6M
- Total Rounds 2
- Last Round Series A — $6.43M
- First Round $1.17M
(Aug 2017)
- Investors Count 2
All 2 funding rounds of Finmatics 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 |
|---|---|---|---|---|---|
| Mar 2023 | $6.43M | Series A | – | Mangrove Capital Partners, EQventure | – |
| Aug 2017 | $1.17M | Seed | – | EQventure | – |
3 investors in total: 3 institutional.
Investors in Finmatics
Finmatics has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Visma, Mangrove Capital Partners and eQventure.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward tech sectors. | mangrove.vc | Luxembourg, Luxembourg | ||
eQventure is involved in unspecified business activities. | eqventure.com | Graz, Austria | ||
Cloud-based ERP software is provided for business management across segments. | 1996 | visma.com | Oslo, Norway |
Investor details for Finmatics
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 Finmatics
2 people are tracked at Finmatics (2 in leadership).
| Name | Role | Group |
|---|---|---|
Patrick Sagmeister | Co-Founder & Managing Director | Leadership |
Christoph Prieler | Co-Founder & Managing Director | Leadership |
Complete people profiles for Finmatics
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.
Timeline of Finmatics
4 dated milestones of Finmatics across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Finmatics is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $6.4M.
- Exit Acquired by Visma.
Web traffic of Finmatics
The website of Finmatics (finmatics.com) receives about 23.3K visits a month and ranks #859,658 among all websites worldwide, #2,132 in Accounting and Auditing.
- Monthly visits23.3K
▲ 3.4% vs previous month
- Unique visitors6.9K
per month
- Global rank#859,658
among all websites
- Category rank#2,132
Finance · Accounting and Auditing
- Bounce rate48%
- Pages per visit5.6
- Average visit7 min 19 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with Finmatics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
stotax.de | stotax.de | 100% | #2,586,264 | – | |
| brutkasten.com | 60% | #422,067 | View details | ||
| finway.de | 60% | 28.5K | #759,025 | View details |
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Related news about Finmatics
Complete news archive for Finmatics
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Frequently Asked Questions about Finmatics
Finmatics was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Finmatics is headquartered in Wien, Austria. It is registered at Wien, Wien, Austria.
Finmatics is a funded company, having raised a total of $7.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.17M, raised on Aug 2017.
Finmatics was founded in 2016 in Wien, Austria, as a developer of AI software focused on the financial sector. Automation is provided for accounting workflows, including digital input, capture, pre-accounting, and sorting of documents. Multi-level approval processes are supported through a mobile application, ensuring transparency. The softwares modular design and open interfaces enable integration with existing accounting systems.
Finmatics offers Automated Invoice Processing, Booking Suggestions, and Rechnungsfreigabe.
Finmatics has 3 investors. Key investors include Visma, Mangrove Capital Partners, and eQventure.
Finmatics operates through Finmatics Gmbh.
Yes. Finmatics was acquired by Visma in April 2025.