About Visma
Visma is a Technology company based in Oslo (Norway) founded in 1996, and was acquired by Hg in June 2017. It operates as a cloud-based ERP software is provided for business management across segments. Visma has raised $198.09 million across 10 funding rounds from investors including KKR, TPG and Hg. Visma has completed 146 acquisitions, including 1st Web, Abalon and Acubiz. Visma was last valued at $19 billion in September 2021. Its chief executive is Merete Hverven. Its website visma.com draws about 9.5 million monthly visits. Visma offers products and services including Cloud Software and ERP Suites. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its competitors include Workday, Intuit, Deltek, Infor and SAP and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
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.
Products & Services of Visma
Visma offers a comprehensive portfolio of products and services, including Cloud Software and ERP Suites.
Platform for efficient business operations and growth tools
Software for managing finances and resources in medium businesses
Funding Insights of Visma
Visma has successfully raised a total of $198.09M across 10 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.
- Total Funding $198.09M
- Total Rounds 10
- First Round $198.09M
(Jun 2006)
- Investors Count 11
All 10 funding rounds of Visma 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 |
|---|---|---|---|---|---|
| Sep 2021 | – | Unspecified | $19B | Norges Bank Investment Management, Aeternum Capital | |
| Aug 2020 | – | Series A | – | – | |
| Aug 2020 | – | Unspecified | – | TPG, Warburg Pincus | – |
| Jan 2019 | – | Unspecified | – | – | |
| Jun 2018 | $371,546 | Grant | – | – | |
| Jan 2018 | $441,841 | Grant | – | – | |
| Dec 2016 | – | Grant | – | – | |
| Jun 2016 | $162,636 | Grant | – | – | |
| Jan 2016 | $156,649 | Grant | – | – | |
| Jun 2006 | $198.09M | Private Equity Round | – | Hg | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $19B | •••••••• |
Last known valuation $19B (Sep 2021). 15 investors in total: 15 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | – | gic.com.sg | Singapore, Singapore | |
Vindgroup is engaged in owning and developing diverse businesses. | – | vindgroup.com | Oslo, Norway | |
ICG is recognized as a global alternative asset manager. | 1989 | icgam.com | London, United Kingdom | |
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Private equity investments in Europe are managed by Hg. | 1990 | hgcapital.com | London, United Kingdom | |
Private equity firm investing in multiple sectors | 1981 | icg-enterprise.co.uk | London, United Kingdom | |
Montagu Private Equity is engaged in mid-market business investments. | – | montagu.com | Frankfurt, Germany | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States |
Investor details for Visma
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Visma
341 people are tracked at Visma (95 in leadership, 246 in team).
| Name | Role | Group |
|---|---|---|
Merete Hverven | CEO | Leadership |
Malin Carlson | Managing Director Visma Tech AB | Leadership |
Ari - Pekka Salovaara | SMB Segment Director | Leadership |
Lars Ottersen | Chief Risk Officer | Leadership |
Pär Johansson | CFO Visma Sverige Holding AB | Leadership |
Stian Grindheim | Chief Financial Officer | Leadership |
Steffen Torp | Chief Commercial Officer (cco) | Leadership |
Sindre Talleraas Holen | Head Of M&a | Leadership |
Ellen Furru | Chief Operating Officer | Leadership |
Bjorn Magne Dybedokken | R&d Director In Visma | Leadership |
Wouter Boelaars | Managing Director (at Visma Solidbricks) | Leadership |
Liza Collin | Commercial Director - Norway & Sweden | Leadership |
Per Samuelsen | Head Of Risk Management, CISO | Leadership |
Miguel Fresneda | Director De Desarrollo Empresarial | Leadership |
Jørn Ludahl | Division Director, Cloud Infrastructure Services | Leadership |
Claus Dahl | Director Of Machine Learning Assets | Leadership |
Sjur Waagbø | Chief Technology Officer | Leadership |
Robbert Bloksma | Managing Director / Geschäftsführer Visma Germany | Leadership |
Antti Waris | Director, Finance & Analytics | Leadership |
Raimond Brekke | Head Of Commercial | Leadership |
321 more people are available in the full profile.
Complete people profiles for Visma
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Visma
Visma has strategically engaged in corporate development activities, having acquired 146 companies. Notable acquisitions include 1st Web, Abalon and Acubiz.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Serves as an accounting and financial management platform. | fatturaelettronica-app.it | Trieste, Italy | 2015 | Jul 2026 | •••• | |
SaaS platform for invoice creation and management is offered. | wefact.nl | Eersel, Netherlands | 2005 | Dec 2025 | •••• | |
Online tax filing software is offered to individuals and businesses. | twinntax.com | Suarlee, Belgium | 2019 | Nov 2025 | •••• | |
Compliance services are provided to businesses in Italy. | alavie.it | Desio, Italy | 1994 | Sep 2025 | •••• | |
SaaS-based EHR management software is offered to healthcare providers. | healthconnected.nl | Alkmaar, Netherlands | 2017 | Aug 2025 | •••• | |
Legal processes are digitized and automated via an online platform. | milia.io | Bonn, Germany | 2021 | Aug 2025 | •••• | |
AI-based tax advisory solutions are provided for tax professionals. | taxy.io | Aachen, Germany | 2018 | Aug 2025 | •••• | |
Cloud-based accounting and invoicing tools are offered to small businesses. | contaazul.com | Joinville, Brazil | 2012 | Aug 2025 | •••• | |
Cloud-based platform for HRMS suite | talana.com | Las Condes, Chile | 2016 | Jun 2025 | •••• | |
AI-based business intelligence is offered for healthcare management. | esculine.nl | Moordrecht, Netherlands | 2017 | Jun 2025 | •••• |
Complete acquisition details for Visma
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Visma
16 dated milestones of Visma across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Visma is founded.
- Funding First funding round of $198.1M.
- Exit Acquired by KKR.
- Exit Acquired by Hg.
- Funding Latest funding round, Unspecified,.
- Milestone Reaches Decacorn status.
- Acquisition Acquires EscuLine.
- Acquisition Acquires Talana.
- Acquisition Acquires ContaAzul.
- Acquisition Acquires milia.
- Acquisition Acquires Taxy.io.
- Acquisition Acquires HealthConnected.
- Acquisition Acquires Alavie.
- Acquisition Acquires TwinnTax.
- Acquisition Acquires WeFact.
- Acquisition Acquires FatturaElettronica APP.
Competitors of Visma
Visma has 9 listed competitors in our database, 6 of them funded. They include Workday, Intuit, Deltek, Infor and SAP, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| deltek.com | 1983 | Herndon, United States | $107.08M | 1,574 | Cloud-based ERP software is provided for project-driven organizations. | |
| infor.com | 2002 | New York, United States | $1.52B | 4,832 | Cloud-based ERP software is offered for multiple industries. | |
| sap.com | 1972 | Walldorf, Germany | – | 109,973 | Cloud and AI-based ERP software is offered for enterprises. | |
| netsuite.com | 1998 | Redwood, United States | $119.92M | – | Cloud-based ERP software is delivered for multiple industries. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| oracle.com | 1977 | Austin, United States | – | 172 | Hybrid cloud infrastructure solutions are delivered for business management. |
Detailed competitors of Visma
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Visma
The website of Visma (visma.com) receives about 9.5M visits a month and ranks #6,024 among all websites worldwide, #390 in Finance.
- Monthly visits9.5M
▲ 12.5% vs previous month
- Unique visitors1.5M
per month
- Global rank#6,024
among all websites
- Category rank#390
Finance · Finance
- Bounce rate24%
- Pages per visit4.8
- Average visit2 min 24 sec
- DevicesDesktop 61% · Mobile 39%
Websites whose visitors overlap most with Visma. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| churchdwight.com | 100% | 63.2K | #475,379 | View details | |
| trustpilot.com | 96% | 91.2M | #636 | View details | |
forvalt.no | forvalt.no | 95% | – | #277,267 | – |
| allabolag.se | 93% | 4.6M | #13,500 | View details | |
| avanza.se | 92% | 8.6M | #6,387 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Visma
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Enterprise Resource Planning
10 companies that operate in the same segment as Visma (Enterprise Resource Planning), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | Loughborough, England, United Kingdom | USD 1.49 B | – | 7,356 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Cloud-based ERP software is provided for project-driven organizations. | 1983 | Herndon, Virginia, United States | USD 107.08 M | – | – | |
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
AI-powered CRM for marketing and sales management is provided. | 1996 | Chennai, Tamil Nadu, India | – | USD 1.6 B | 17,856 | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | United States | – | USD 4.54 M | – | |
Cloud-based ERP software is delivered for multiple industries. | 1998 | Redwood City, California, United States | USD 119.92 M | – | – |
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Related news about Visma
Complete news archive for Visma
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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 10 funding rounds to date. The company's 1st funding round was a Private Equity Round of $198.09M, raised on Jun 2006.
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 offers Cloud Software and ERP Suites.
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.
Yes. Visma was acquired by Hg in June 2017.
The website of Visma receives about 9.5 million visits a month and ranks #6,024 among all websites worldwide.