Zervant

Espoo, Finland Founded: 2010 • Age: 16 yrs Acquired By Ageras
Invoice management software is provided for businesses.
Annual revenue - Latest available
Total funding $22.0M 7 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Zervant Uk
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
  • Acquired by
    Ageras

    (Sep 02, 2021)

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Products & Services of Zervant

Zervant offers a comprehensive portfolio of products and services, including Invoicing Software, Mobile App, and Templates.

Product name locked
Category locked
Primary

Platform for creating and managing invoices online.

Product name locked
Category locked
Locked

App for invoicing and time tracking on mobile devices.

Product name locked
Category locked
Locked

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

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm
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Early-stage startups are funded by Northzone venture capital.
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Ventur ecapital firm focused on fintech sectors
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Investor details for Zervant

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

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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Zervant

Investments
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Investment portfolio details for Zervant

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  • Transaction dates
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Financial Statements - Zervant

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Detailed financials for Zervant

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  • Profit trends
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Zervant Comparisons

Zervant Primary company
Description
Invoice management software is provided for businesses.
Location
Espoo, Finland
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Zervant

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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.

Company Name Domain Founded year HQ Location Description
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Invoice and payment management solutions are offered for small businesses.
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Provider of mPOS solution and card reader for offline retailers
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Online payment and invoicing solutions are offered to small businesses.
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Comprehensive billing and payment solution provider
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Cloud-based invoicing and inventory tools for small businesses are provided.
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An app-based invoicing solution is provided for small businesses.
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Detailed competitors of Zervant

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Latest news on Zervant

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Complete news archive for Zervant

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Frequently Asked Questions about Zervant

Zervant was founded in 2010.

Zervant is headquartered in Espoo, Finland.

Zervant is a funded company, having raised a total of $22M across 7 funding rounds to date.

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.

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

Zervant offers Invoicing Software, Mobile App, and Templates.

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

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