Visma

Oslo, Norway Founded: 1996 • Age: 30 yrs Acquired By Hg
Cloud-based ERP software is provided for business management across segments.
Annual revenue - Latest available
Total funding $198.1M 9 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Visma

Visma is a company based in Oslo (Norway) founded in 1996 was acquired by Hg in June 2017. Visma has raised $198.09 million across 9 funding rounds from investors including KKR, TPG and Hg. Visma has completed 144 acquisitions, including 1st Web, Abalon and Acubiz. Visma offers products and services including Cloud Software and ERP Suites. Visma operates in a competitive market with competitors including Workday, Intuit, Deltek, Infor and SAP, among others.

  • Headquarter Oslo, Norway
  • Stage Decacorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    $339.39 K (USD)
    0
    as on Dec 31, 2021
  • EBITDA
    Not available
  • Total Equity Funding
    $198.09 M (USD)

    in 9 rounds

  • Latest Funding Round
    Not available
  • Investors
    KKR

    & 14 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    1st Web

    & 143 more

  • Acquired by
    Hg

    & 1 more

    (Jun 29, 2017)

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Products & Services of Visma

Visma offers a comprehensive portfolio of products and services, including Cloud Software and ERP Suites.

Product name locked
Category locked
Primary

Platform for efficient business operations and growth tools

Product name locked
Category locked
Locked

Software for managing finances and resources in medium businesses

People of Visma

Headcount 5000-10000
Employee Profiles 341
Employee Profiles
People
Kasper Lyhr
Responsible For Visma Public
People
Jan Frode Engkrog
Division Controller, SMB
People
Malin Carlson
Managing Director Visma Tech AB
People
David Lacko
C# Developer

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Funding Insights of Visma

Visma has successfully raised a total of $198.09M across 9 strategic funding rounds. 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 Visma

Visma has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR, TPG and Hg.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Locked Locked Locked
Vindgroup is engaged in owning and developing diverse businesses.
Locked Locked Locked
ICG is recognized as a global alternative asset manager.
Locked Locked Locked
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Investor details for Visma

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

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Visma

Visma has strategically engaged in corporate development activities, having acquired 144 companies. Notable acquisitions include 1st Web, Abalon and Acubiz.

Investments
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Investment portfolio details for Visma

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Legal processes are digitized and automated via an online platform.
Locked Locked 2021 Locked
An accounting and finance management platform is provided by Triangelsolutions.
Locked Locked 2019 Locked
Online tax filing software is offered to individuals and businesses.
Locked Locked 2019 Locked
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Complete acquisition details for Visma

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Visma

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Detailed financials for Visma

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Visma Comparisons

Visma Primary company
Description
Cloud-based ERP software is provided for business management...
Location
Oslo, Norway
Founded Year
1996
Annual Revenue
Not available
Net Profit
$339.39 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Visma

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Visma

Visma 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 Workday, Intuit, Deltek, Infor and SAP, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based HR and financial software is delivered to enterprises.
Locked Locked Locked
Financial and accounting software is developed for businesses and individuals.
Locked Locked Locked
Cloud-based ERP software is provided for project-driven organizations.
Locked Locked Locked
Cloud-based ERP software is offered for multiple industries.
Locked Locked Locked
Cloud and AI-based ERP software is offered for enterprises.
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Detailed competitors of Visma

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Visma

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Complete news archive for Visma

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Visma

Visma was founded in 1996 and raised its 1st funding round 10 years after it was founded.

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

Merete Hverven is the current CEO of Visma.

Visma is a funded company, having raised a total of $198.09M across 9 funding rounds to date.

The company was founded in 1996 in Oslo, Norway, and operates in the enterprise software sector. Cloud-based solutions for resource planning are delivered through five segments: SMB, enterprise, custom solutions, retail, and IT and hosting. ERP, payroll, HR, accounting, invoicing, collections, and procurement tools are offered in SMB and enterprise areas. Retail software suites and supporting infrastructure are supplied in the retail segment.

Visma's top competitors include Intuit, Workday and Deltek.

Visma offers Cloud Software and ERP Suites.

Visma has made 144 acquisitions, including 1st Web, Abalon, and Acubiz.

Visma has 15 investors. Key investors include KKR, TPG, Hg, General Atlantic, and Warburg Pincus.

The valuation of Visma is $19B as of Sep 2021.

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