About Sproom
Sproom is a company based in Copenhagen (Denmark) founded in 2010 was acquired by Visma in April 2016. Sproom has raised $541.19 thousand across 1 funding round from investors including Accelerace and Visma Danmark. The company has 275 employees. Sproom offers products and services including E-Invoicing Platform, Fakturavalidering, and ERP Integration. Sproom operates in a competitive market with competitors including Kivra, Neat, Hubdoc, Dext and Docsumo, among others.
- Headquarter Copenhagen, Denmark
- Employees 275
- SectorsTechnology
- Website sproom.net
- Social LinkedIn
- Acquired by Visma (Apr 2016)
- Legal Name Sproom Solutions A/S
- Total Equity Funding$541.19K (USD)
in 1 rounds
- Latest Funding Round$541.19K (USD), Seed
Nov 2011
- InvestorsAccelerace
& 1 more
- Employee Count275
- Acquired byVisma
(Apr 2016)
Products & Services of Sproom
Sproom offers a comprehensive portfolio of products and services, including E-Invoicing Platform, Fakturavalidering, and ERP Integration.
Enables sending, receiving, and managing electronic invoices efficiently.
Validates incoming invoices to reduce errors and streamline processing.
Facilitates seamless integration with accounting systems for automated invoicing.
Funding Insights of Sproom
Sproom has successfully raised a total of $541.19K through 1 strategic funding round. The most recent funding activity was a Seed round of $541.19 thousand completed in November 2011. 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 $541,188
- Total Rounds 1
- Last Round Seed — $541,188
- First Round $541,188
(Nov 2011)
- Investors Count 1
All 1 funding rounds of Sproom 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 |
|---|---|---|---|---|---|
| Nov 2011 | $541,188 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Sproom
Sproom has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accelerace and Visma Danmark.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Funding and support are provided to early-stage startups by Accelerace. | 2008 | accelerace.io | Copenhagen, Denmark | |
Visma Danmark is engaged in providing business software solutions. | – | visma.dk | Copenhagen, Denmark |
Investor details for Sproom
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.
Timeline of Sproom
3 dated milestones of Sproom across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Sproom is founded.
- Funding First funding round of $541K.
- Exit Acquired by Visma.
Competitors of Sproom
Sproom 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 Kivra, Neat, Hubdoc, Dext and Docsumo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kivra.se | 2010 | Stockholm, Sweden | $11.06M | – | Invoice digitization tools are provided for business data management. | |
| neat.com | 2002 | Philadelphia, United States | $16.89M | 33 | Cloud-based digital filing systems are provided for small businesses. | |
| hubdoc.com | 2011 | Toronto, Canada | $4.85M | – | Financial documents are automated and managed for accountants and businesses. | |
| dext.com | 2010 | Altrincham, United Kingdom | $144.1M | 158 | Provider of bookkeeping automation software for businesses and accountants | |
| docsumo.com | 2019 | Lewes, United States | $3.72M | 34 | Data from unstructured documents is extracted via cloud-based automation. | |
| getreceipthero.com | 2016 | Tampere, Finland | $2.42M | – | Receipt digitization and online payment solutions are provided for businesses. | |
| knowledgelake.com | 1999 | St. Louis, United States | – | – | Automated document processing software is developed for business automation. | |
| oddr.com | 2022 | San Francisco, United States | $2M | – | An AI-based platform for invoice digitization is provided by Oddr. |
Detailed competitors of Sproom
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Sproom
The website of Sproom (sproom.net) receives about 4.6K visits a month.
- Monthly visits4.6K
▼ 21.1% vs previous month
Websites whose visitors overlap most with Sproom. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hurtigfaktura.dk | hurtigfaktura.dk | 100% | – | #2,068,704 | – |
| dandomain.dk | 100% | 415K | #115,001 | View details | |
| e-conomic.dk | 100% | 217.1K | #263,885 | View details | |
computerworld.dk | computerworld.dk | 100% | – | #149,464 | – |
erhverv.sydbank.dk | erhverv.sydbank.dk | 100% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Sproom
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Sproom
Complete news archive for Sproom
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.
Similar companies to Sproom
10 companies that operate in the same segment as Sproom (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Sproom
Sproom was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Sproom is headquartered in Copenhagen, Denmark.
Sproom is a funded company, having raised a total of $541.19K across 1 funding round to date. The company's 1st funding round was a Seed of $541.19K, raised on Nov 2011.
Sproom has 275 employees.
Sproom is a business network, bringing together electronic structured exchange of invoices, orders, notifications etc. between buyers and suppliers. It translates an invoice, depending on the recipients specific requirements. The suppliers pay per processed invoice and the extended services they subscribe to, as per their pricing models (free79 DK179 DKK). It gives small businesses access to electronic data interchange with improved cash flow management and traceability to follow and provides larger organizations with full value for their purchased e-procurement solutions which now cover all their partners.
Sproom offers E-Invoicing Platform, Fakturavalidering, and ERP Integration.
Sproom has 2 investors. Key investors include Accelerace, and Visma Danmark.
Sproom operates through Sproom Solutions A/S.
Yes. Sproom was acquired by Visma in April 2016.