Zervant

Espoo, Finland Founded: 2010 • Age: 16 yrs Acquired By Ageras
Invoice management software is provided for businesses.
Request Access

About Zervant

Zervant is a company based in Espoo (Finland) founded in 2010 by Tuukka Koskinen was acquired by Ageras in September 2021.. Zervant has raised $22 million across 7 funding rounds from investors including Spotify, Ageras and Business Finland. Zervant offers products and services including Invoicing Software, Mobile App, and Templates. Zervant operates in a competitive market with competitors including Billtrust, SumUp, PaySimple, Paymentus and Vyapar, among others.

  • Headquarter Espoo, Finland
  • Founders Tuukka Koskinen
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Zervant Uk
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22 M (USD)

    in 7 rounds

  • Latest Funding Round
    $6.79 M (USD), Series A

    Jun 13, 2019

  • Investors
    Spotify

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Ageras

    (Sep 02, 2021)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Zervant

Zervant offers a comprehensive portfolio of products and services, including Invoicing Software, Mobile App, and Templates. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for creating and managing invoices online.

App for invoicing and time tracking on mobile devices.

Free tools for financial statements and planning.

People of Zervant
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Rico Andersen
Co-Founder & CEO
People
Martin Hegelund
Co-Founder & CMO
People
Marthe Friedrich
Senior Client Consultant

Unlock access to complete

Funding Insights of Zervant

Zervant has successfully raised a total of $22M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $6.79 million completed in June 2019. 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
  • Total Rounds 7
  • Last Round Series A — $6.8M
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Series A - Zervant Valuation Tesi
Feb, 2018 Amount Series A - Zervant Valuation Tesi
Aug, 2016 Amount Series A - Zervant Valuation Northzone , Conor
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Zervant

Zervant has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Spotify, Ageras and Business Finland. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm
Founded Year Domain Location
Early-stage startups are funded by Northzone venture capital.
Founded Year Domain Location
Ventur ecapital firm focused on fintech sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Zervant

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Zervant

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Zervant Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Zervant

Zervant 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 Billtrust, SumUp, PaySimple, Paymentus and Vyapar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Invoice and payment management solutions are offered for small businesses.
domain founded_year HQ Location
Provider of mPOS solution and card reader for offline retailers
domain founded_year HQ Location
Online payment and invoicing solutions are offered to small businesses.
domain founded_year HQ Location
Comprehensive billing and payment solution provider
domain founded_year HQ Location
Cloud-based invoicing and inventory tools for small businesses are provided.
domain founded_year HQ Location
An app-based invoicing solution is provided for small businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Zervant

Frequently Asked Questions about Zervant

When was Zervant founded?

Zervant was founded in 2010.

Where is Zervant located?

Zervant is headquartered in Espoo, Finland.

Is Zervant a funded company?

Zervant is a funded company, having raised a total of $22M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.47M, raised on Mar 01, 2010.

What does Zervant do?

Zervant was founded in 2010 in Espoo, Finland, where invoice management software is developed for businesses in the fintech sector. Core operations focus on tools for recurring invoices, payment tracking, quotations, delivery notes, reminders, and time tracking. Multiple subscription plans are offered based on invoice and customer volumes. An Android app is also provided for mobile access, supporting streamlined financial workflows.

Who are the top competitors of Zervant?

Zervant's top competitors include SumUp, Paymentus and Billtrust.

What products or services does Zervant offer?

Zervant offers Invoicing Software, Mobile App, and Templates.

Who are Zervant's investors?

Zervant has 7 investors. Key investors include Spotify, Ageras, Business Finland, Tesi, and Northzone.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available