About Previse
Previse is a company based in London (United Kingdom) founded in 2016 by Paul Christensen, Giulio Rossi, and Philipp Schoenbucher. It operates as a SaaS (Software-as-a-Service), and Professional Services. Previse has raised $46.61 million across 7 funding rounds from investors including Tencent, Mastercard and Bessemer Venture Partners. The company has 28 employees as of December 31, 2020. Previse offers products and services including SmartPay, SmartAccept, and SmartPlan. Previse operates in a competitive market with competitors including Azets, Esker, Tradeshift, Apron and Crezco, among others.
- Headquarter London, United Kingdom
- Employees 28 as on 31 Dec, 2020
- Founders Paul Christensen, Giulio Rossi, Philipp Schoenbucher
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Previse Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.61 M (USD)
in 7 rounds
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Latest Funding Round
$18 M (USD), Series B
Apr 22, 2022
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Investors
Tencent
& 8 more
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Employee Count
28
as on Dec 31, 2020
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Products & Services of Previse
Previse offers a comprehensive portfolio of products and services, including SmartPay, SmartAccept, and SmartPlan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven virtual card solution enhances working capital benefits.
Supports B2B card acceptance with economic value quantification.
Enables ERP data analysis for card program planning.
Funding Insights of Previse
Previse has successfully raised a total of $46.61M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in April 2022. 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 Total Funding
- Total Rounds 7
- Last Round Series B — $18.0M
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First Round
First Round
(17 Jun 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - Previse | Valuation | Tencent | |
| Aug, 2020 | Amount | Grant - Previse | Valuation |
investors |
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| Nov, 2019 | Amount | Series B - Previse | Valuation | Reefknot Investments , Mastercard |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Previse
Previse has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Mastercard and Bessemer Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in fintech startups
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Founded Year | Domain | Location | |
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High-growth technology startups in supply chain are supported.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Previse
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Previse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Previse Comparisons
Competitors of Previse
Previse 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 Azets, Esker, Tradeshift, Apron and Crezco, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online accounting, tax, and audit management services for small businesses
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| domain | founded_year | HQ Location |
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based source-to-pay management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Business invoices are sorted, paid, and reconciled through a platform.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses via account-to-account methods.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Previse
Frequently Asked Questions about Previse
When was Previse founded?
Previse was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Previse located?
Previse is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Previse?
Pieter Berkelaar is the current CEO of Previse.
Is Previse a funded company?
Previse is a funded company, having raised a total of $46.61M across 7 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on Jun 17, 2017.
How many employees does Previse have?
As of Dec 31, 2020, the latest employee count at Previse is 28.
What does Previse do?
Previse is engaged in providing AI-powered solutions for financial transaction automation and data harmonization. The company serves enterprises, financial institutions, and fintechs by streamlining operations, enhancing decision-making, and reducing manual labor through its platform. Solutions offered include supply chain resilience, cash flow management, fraud detection, and supplier enablement, leveraging no-code plugins and real-time analytics to transform fragmented data into actionable insights across multiple sectors.
Who are the top competitors of Previse?
Previse's top competitors include Tradeshift, Esker and Mimo.
What products or services does Previse offer?
Previse offers SmartPay, SmartAccept, and SmartPlan.
Who are Previse's investors?
Previse has 9 investors. Key investors include Tencent, Mastercard, Bessemer Venture Partners, Scottish Enterprise, and Founders Factory.
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