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
- SectorsTechnology
- Website zervant.com
- Social LinkedIn X Facebook
- Acquired by Ageras (Sep 2021)
- Legal Name Zervant Uk
Products & Services of Zervant
Zervant offers a comprehensive portfolio of products and services, including Invoicing Software, Mobile App, and Templates.
Platform for creating and managing invoices online.
App for invoicing and time tracking on mobile devices.
Free tools for financial statements and planning.
Apps and channels of Zervant
Zervant publishes 2 mobile apps with over 100K+ downloads.
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 $22M
- Total Rounds 7
- Last Round Series A — $6.79M
- Investors Count 6
All 7 funding rounds of Zervant 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 |
|---|---|---|---|---|---|
| Jun 2019 | $6.79M | Series A | – | Tesi | |
| Feb 2018 | $7.36M | Series A | – | Tesi | |
| Aug 2016 | $4.47M | Series A | – | Northzone, Conor | – |
| Mar 2015 | $1.68M | Seed | – | Conor | – |
| Jul 2013 | $1.69M | Seed | – | Business Finland | – |
| Feb 2011 | – | Seed | – | Business Finland | – |
| Mar 2010 | – | Seed | – | Business Finland | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | – | tesi.fi | Helsinki, Finland | |
Early-stage startups are funded by Northzone venture capital. | – | northzone.com | London, United Kingdom | |
Ventur ecapital firm focused on fintech sectors | – | nftventures.com | Stockholm, Sweden | |
- | – | conor.vc | - | |
Music streaming is offered on-demand to global users. | 2006 | spotify.com | Stockholm, Sweden | |
Innovation, internationalization, and investment support for businesses is provided. | 1983 | businessfinland.fi | Helsinki, Finland | |
- | 2012 | ageras.com | Philadelphia, United States |
Investor details for Zervant
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
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People of Zervant
6 people are tracked at Zervant (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Tuukka Koskinen | Co-Founder & COO | Leadership |
Nick Pfeyffer | Director, Netherlands | Leadership |
Markus Frank | Director, Germany | Leadership |
Rico Andersen | Co-Founder & CEO | Leadership |
Martin Hegelund | Co-Founder & CMO | Leadership |
Marthe Friedrich | Senior Client Consultant | Team |
Complete people profiles for Zervant
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Zervant
4 dated milestones of Zervant across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Zervant is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $6.8M.
- Exit Acquired by Ageras.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| billtrust.com | 2001 | Hamilton Township, United States | $105M | – | Invoice and payment management solutions are offered for small businesses. | |
| sumup.com | 2012 | London, United Kingdom | $994.33M | – | Provider of mPOS solution and card reader for offline retailers | |
| paysimple.com | 2006 | Denver, United States | $137.29M | 3,016 | Online payment and invoicing solutions are offered to small businesses. | |
| paymentus.com | 2004 | Atlanta, United States | $23.6M | 1,273 | Comprehensive billing and payment solution provider | |
| vyaparapp.in | 2016 | Bengaluru, India | $35.89M | 1,155 | Cloud-based invoicing and inventory tools for small businesses are provided. | |
| invoice.2go.com | 2002 | Palo Alto, United States | $60M | 28 | An app-based invoicing solution is provided for small businesses. | |
| paystand.com | 2013 | San Francisco, United States | $77M | 46 | Payment processing for bitcoin, e-checks, and credit cards is facilitated. | |
| vcita.com | 2010 | Bellevue, United States | $15M | – | Business management software is provided for small businesses. | |
| billingplatform.com | 2009 | Englewood, United States | $104M | – | Cloud-based billing and invoicing software is offered for businesses. |
Detailed competitors of Zervant
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 Zervant
The website of Zervant (zervant.com) receives about 383K visits a month.
- Monthly visits383K
▲ 7.3% vs previous month
Websites whose visitors overlap most with Zervant. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facture.net | 100% | 305.1K | #101,842 | View details | |
| invoicehome.com | 95% | – | #25,541 | View details | |
| billdu.com | 94% | 324.4K | #144,406 | View details | |
| notion.so | 91% | 178.3M | #160 | View details | |
| papierkram.de | 90% | 298.9K | #89,630 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Zervant
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Zervant
Complete news archive for Zervant
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 Zervant
10 companies that operate in the same segment as Zervant (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 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 offers Invoicing Software, Mobile App, and Templates.
Zervant has 7 investors. Key investors include Spotify, Ageras, Business Finland, Tesi, and Northzone.
Zervant operates through Zervant Uk.
Yes. Zervant was acquired by Ageras in September 2021.
Yes. Zervant publishes Zervant: quote & invoice maker and 1 more app, with over 100,000 downloads.
The website of Zervant receives about 383 thousand visits a month.