Semine

Oslo, Norway Founded: 2015 • Age: 11 yrs Acquired By Rydoo
AI-driven accounting process automation for businesses

About Semine

Semine is a Technology company based in Oslo (Norway) founded in 2015 by Robert Kristiansen, and 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. Its website semine.com draws about 14 thousand monthly visits. Semine offers products and services including Capture, AI Engine, PO Matching, Mobile App, and Workflows. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its legal entity is SEMINE AS.

Company details

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.

  • Headquarters Oslo, Norway
  • Employees 39
  • Founders Robert Kristiansen
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website semine.com/en
  • Social LinkedIn Facebook Instagram
  • Acquired by Rydoo (Jul 2025)
  • Legal Name Semine As
Key Metrics
  • Total Equity Funding
    $11.8M (USD)

    in 3 rounds

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

    Jul 2022

  • Investors
    Rydoo

    & 1 more

  • Employee Count
    39
  • Acquired by
    Rydoo

    (Jul 2025)

Products & Services of Semine

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

Capture
Data Capture Tool

Captures invoice and PO data accurately for processing.

AI Engine
Automation Software

Processes invoices using AI for full automation.

PO Matching
Matching Tool

Matches invoices with purchase orders for verification.

Mobile App
Approval Platform

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

Workflows
Automation System

Creates automated approval processes for efficiency.

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.

  • Total Funding $11.8M
  • Total Rounds 3
  • Last Round Series B β€” $3M
  • First Round $7.3M

    (Aug 2018)

  • Investors Count 1

All 3 funding rounds of Semine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022$3MSeries B–Kistefos
–
Jun 2020$1.5MSeries A–Kistefos
–
Aug 2018$7.3MSeries A–Kistefos
–
Valuation history

2 investors in total: 2 institutional.

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
InvestorDescriptionFounded YearDomainLocation
A private investment company managing diversified portfolios is operated.
1998kistefos.noOslo, Norway
AI and SaaS platform for business expense management is provided.
2013rydoo.comMechelen, Belgium
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Investor details for Semine

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 Semine

31 people are tracked at Semine (9 in leadership, 22 in team); the tracked headcount is 39.

NameRoleGroup
Robert Kristiansen
FounderLeadership
Bjørn Røsten
CEOLeadership
Arun Deep
Chief Technology OfficerLeadership
Daniel Karlsen
Chief Commercial OfficerLeadership
Geir Wiksén
Chief Operating OfficerLeadership
Inger K. Eek Tronerud
Partner LeadLeadership
Hilde Nielsen
Chief Marketing OfficerLeadership
Trygve Lønn
Chief Product OfficerLeadership
Hilde Bottolfsen Bøhn
Chief Financial OfficerLeadership
Adam Arelsen
Software Test AutomationTeam
Frank R. Haugen
Dotnet DeveloperTeam
Jørgen Urnes
Product ManagerTeam
Andrey Chayko
Frontend Team LeaderTeam
Espen Limi
Senior DeveloperTeam
Gaute Grastveit
DeveloperTeam
Martin Smith
.NET DeveloperTeam
Jørgen Flå
Senior Software DeveloperTeam
Taha Yasin Küçük
Senior Software DeveloperTeam
Vishal Kumar
Senior Software EngineerTeam
Jesper Elimar Krumm
Sales ManagerTeam

11 more people are available in the full profile.

Premium access

Complete people profiles for Semine

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 Semine

4 dated milestones of Semine across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Semine is founded.
  2. Funding First funding round of $7.3M.
  3. Funding Latest funding round, Series B, of $3.0M.
  4. Exit Acquired by Rydoo.

Web traffic of Semine

The website of Semine (semine.com) receives about 14.4K visits a month.

  • Monthly visits
    14.4K

    ▼ 4.6% vs previous month

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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. The company's 1st funding round was a Series A of $7.3M, raised on Aug 2018.

Semine has 39 employees.

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

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

Semine operates through Semine As.

Yes. Semine was acquired by Rydoo in July 2025.

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