Zervant
Company

Last deal

$7.41M
Local Amount - EUR 6M

Amount

Series B

Stage

13.02.2018

Date

3

all rounds

$16.17M

Total amount

date founded

Financing round

General

About Company
Zervant provides an online invoicing platform with integrated payment and financial products for micro enterprises across Europe.

Industry

Sector :

Subsector :

Keywords :

founded date

22.01.2010

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The Finnish-based company was founded in 2010 and offers invoicing software for sole traders and small businesses, including e-invoicing, payment reminders, time tracking, and payment scheduling. Zervant's mission is to help entrepreneurs succeed by offering free, unlimited invoicing to Europe's small business owners, with optional premium services available.
Legal Names

Legal name

Zervant Oy
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M&A Details
1

Transaction name

Acquired by

Ageras

announced date

02.09.2021

Financials

Funding Rounds
6
3

Number of Funding Rounds

$16.17M

Money Raised

Their latest funding was raised on 13.02.2018. Their latest investor Northzone. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
13.02.2018
4
$7.41M
Local Amount - EUR 6M
16.08.2016
2
$4.51M
Local Amount - EUR 4M
04.03.2015
1
$1.66M
Local Amount - EUR 1.5M
Tesi

Tesi

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Closed End Investments

Subsector

Closed End Investments

Location

Helsinki, Finland

count Of Investments

115

count Of Exists

15
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Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

London, UK

count Of Investments

272

count Of Exists

42
Conor Venture Partners

Conor Venture Partners

Conor is a venture capital firm that invests in early-stage technology companies from Nordic and Baltic countries.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital

Location

Espoo, Finland

count Of Investments

40

count Of Exists

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Conor Venture Partners

Conor Venture Partners

Conor is a venture capital firm that invests in early-stage technology companies from Nordic and Baltic countries.

Sector

Investment Banking and Brokerage Services

Subsector

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Keywords

Financial Services, Venture Capital

Location

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count Of Investments

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count Of Exists

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Co-Investors
Investors
4
2

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series A, Series B
Yes
Series B
No
Series B
Northzone

Northzone

Northzone raises €1.5bn, partners with entrepreneurs to build successful tech businesses.

Sector

Closed End Investments

Subsector

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Keywords

Financial Services, Venture Capital, Finance

Location

London, UK

count Of Investments

272

count Of Exists

42
Bjorn Stray

Bjorn Stray

Bjørn Stray co-founded Northzone in 1996. His primary areas of focus are ecommerce, consumer internet, infrastructure, and SaaS, and he spearheads the firm’s efforts in e-recruitment, gaming, and telecom services. His portfolio includes Behaviosec, Seriously, Supponor, Sqore, Zervant, and PlayRaven. Bjørn has over the years also invested in Stepstone, Nextgentel, MCP.

current job

Northzone
Northzone
Tesi

Tesi

Tesi is a Finnish state-owned venture capital and private equity company.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

Helsinki, Finland

count Of Investments

115

count Of Exists

15
NFT Ventures

NFT Ventures

NFT Ventures is a venture capital firm that invests in financial technology companies in the Nordic and UK markets.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Stockholm, Sweden

count Of Investments

52

count Of Exists

4

People

Founders
2
Tuukka Koskinen
Tuukka Koskinen

Tuukka Koskinen

As well as experience in the startup scene and co-founding Zervant with Mattias, Tuukka has worked for Reuters Financial Software for five years. During this time he was based in Paris, and headed up a team building risk and position analysis products. Tuukka has also worked selling consulting services to Finnish banks.

current job

Zervant
Zervant

organization founded

1

Tuukka Koskinen

Mattias Hansson
Mattias Hansson

Mattias Hansson

Before Zervant Mattias worked at Nokia for five years, where he headed up strategy for the developer community, and also led the company’s accessory portfolio. This included building mobile and web services, working out of New York. Mattias has also worked for two different startups, between 2001 and 2005. And it was whilst working at one of these startups that he met his Zervant co-founder, Tuukka.

current job

Zervant
Zervant

organization founded

1

Mattias Hansson

Employee Profiles
9

Ville Knuuttila

Senior software developer and team lead

Mika Laurila

Chief software architect

Heikki Mönkkönen

Heikki Mönkkönen

CFO

Niklas Gerdt

Niklas Gerdt

CTO

Tuukka Koskinen

Tuukka Koskinen

COO & Co-Founder

Mattias Hansson

Mattias Hansson

CEO & Co-Founder

Activity

Recent News
0