Semine

Oslo, Norway Founded: 2015 • Age: 11 yrs Acquired By Rydoo
AI-driven accounting process automation for businesses
Annual revenue - Latest available
Total funding $11.8M 3 rounds
Employees 39 Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Semine

Semine is a company based in Oslo (Norway) founded in 2015 by Robert Kristiansen was acquired by Rydoo in July 2025. Semine has raised $11.8 million across 3 funding rounds from investors including Rydoo and Kistefos. The company has 39 employees as of December 31, 2021. Semine offers products and services including Capture, AI Engine, PO Matching, Mobile App, and Workflows. Semine operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Oslo, Norway
  • Employees 39 as on 31 Dec, 2021
  • Founders Robert Kristiansen
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Semine As
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3 M (USD), Series B

    Jul 09, 2022

  • Investors
    Rydoo

    & 1 more

  • Employee Count
    39

    as on Dec 31, 2021

  • Acquired by
    Rydoo

    (Jul 15, 2025)

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Products & Services of Semine

Semine offers a comprehensive portfolio of products and services, including Capture, AI Engine, PO Matching, Mobile App, and Workflows.

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Primary

Captures invoice and PO data accurately for processing.

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Processes invoices using AI for full automation.

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Matches invoices with purchase orders for verification.

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Enables on-the-go invoice approvals via mobile devices.

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Creates automated approval processes for efficiency.

People of Semine

Headcount 50-200
Employee Profiles 31
Employee Profiles
People
Arun Deep
Chief Technology Officer
People
Daniel Karlsen
Chief Commercial Officer
People
Geir Wiksén
Chief Operating Officer
People
Adam Arelsen
Software Test Automation

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Funding Insights of Semine

Semine has successfully raised a total of $11.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in July 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.

Investors in Semine

Semine has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Rydoo and Kistefos.

All
Venture Fund
Investor Description Founded Year Domain Location
A private investment company managing diversified portfolios is operated.
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AI and SaaS platform for business expense management is provided.
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Investor details for Semine

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Semine

Investments
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Investment portfolio details for Semine

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  • Transaction dates
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Financial Statements - Semine

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Detailed financials for Semine

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  • Profit trends
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Semine Comparisons

Semine Primary company
Description
AI-driven accounting process automation for businesses
Location
Oslo, Norway
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
39
As of 2021
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Peer comparison for Semine

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Competitors of Semine

Semine 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 Intuit, Visma, Xero, Wave and FreshBooks, among others.

Company Name Domain Founded year HQ Location Description
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Detailed competitors of Semine

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Latest news on Semine

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Complete news archive for Semine

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  • Older coverage
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Frequently Asked Questions about Semine

Semine was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Semine is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Semine is a funded company, having raised a total of $11.8M across 3 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Semine is 39.

AI-driven accounting process automation for businesses. It allows businesses to automate the accounting processes and financial data through data-driven insights. It can be integrated with the existing accounting system to perform document management and invoice handling processes. It also provides insights on invoice overview, cost analysis, supplier cost development, and the status of an invoice inflow.

Semine's top competitors include Intuit, Visma and Clear.

Semine offers Capture, AI Engine, PO Matching, Mobile App, and Workflows.

Semine has 2 investors. Key investors include Rydoo, and Kistefos.

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