Ageras
Now known as Ageras Group
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Ageras is now known as Ageras Group. For up-to-date information, please see the Ageras Group profile..
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Ageras Snapshot
In 2012 Ageras was born with a simple offering: an online marketplace where small and medium-sized businesses could find an accountant or bookkeeper that suits their needs, statutory requirements and budget range. At the same time, accountants could grow their business by subscribing to the platform.
The marketplace grew across borders - first Sweden and Norway, then the Netherlands and Germany and lastly Ageras expanded to the US.
Along the journey the technology fund of Investcorp, an international private equity firm, joined the business to broaden the scope: Instead of just operating a marketplace, Ageras wanted to offer a full suite of products that makes life as a business owner easier.
Therefore Meneto was founded - a digital accounting solution where the business owner does not need to do anything - all is taken care of by software using latest AI and machine learning technology to automate the accounting. And what is not automated, a network of trusted bookkeepers is taking care of.
Since then we have not relaxed. We have continued to innovate and building new products, while also acquiring new solutions that we can offer to our customers. For instnace we have acquired cloud-based
accounting software solutions Billy, Tellow and Zervant and we have added payroll software to our offering with Salary.dk. We have also identified a large gap in capital available for small businesses. While larger businesses have access to banks and investors, that is not as easy for small businesses and freelanceres. Therefore we have launched our own fintech solution, Ageras Finance, where we enable embedded financial services directly in our software offerings. We now help entrepreneurs all over Europe and the US to grow their business with flexible capital - all based on their own financial data that enables better credit decisions and thereby better rates.
To support our growth, we have also secured investments from leading global tech investors joining Investcorp. In 2020 Rabobank joined to support our fintech endeavours and in 2021 Lugard Road Capital and Roosgruppen joined as shareholders as well.
Once they did that, they realized that the fundamentals of the business were broken - after losing everything they had. They did not blame the accountant, but wanted to change how small businesses find the financial overview and tools they need.
The marketplace grew across borders - first Sweden and Norway, then the Netherlands and Germany and lastly Ageras expanded to the US.
Along the journey the technology fund of Investcorp, an international private equity firm, joined the business to broaden the scope: Instead of just operating a marketplace, Ageras wanted to offer a full suite of products that makes life as a business owner easier.
Therefore Meneto was founded - a digital accounting solution where the business owner does not need to do anything - all is taken care of by software using latest AI and machine learning technology to automate the accounting. And what is not automated, a network of trusted bookkeepers is taking care of.
Since then we have not relaxed. We have continued to innovate and building new products, while also acquiring new solutions that we can offer to our customers. For instnace we have acquired cloud-based
accounting software solutions Billy, Tellow and Zervant and we have added payroll software to our offering with Salary.dk. We have also identified a large gap in capital available for small businesses. While larger businesses have access to banks and investors, that is not as easy for small businesses and freelanceres. Therefore we have launched our own fintech solution, Ageras Finance, where we enable embedded financial services directly in our software offerings. We now help entrepreneurs all over Europe and the US to grow their business with flexible capital - all based on their own financial data that enables better credit decisions and thereby better rates.
To support our growth, we have also secured investments from leading global tech investors joining Investcorp. In 2020 Rabobank joined to support our fintech endeavours and in 2021 Lugard Road Capital and Roosgruppen joined as shareholders as well.
Once they did that, they realized that the fundamentals of the business were broken - after losing everything they had. They did not blame the accountant, but wanted to change how small businesses find the financial overview and tools they need.
