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Zervant

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Zervant offers an online invoicing software in 9 markets in Europe

Espoo, FinlandFounded 2010Fintech
Valuation $25–50M Last recorded · 2018
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Zervant and the history behind them.

About Zervant

Founded in 2010 by startup veterans Mattias Hansson and Tuukka Koskinen, Zervant provides cloud-based invoicing and financial management software tailored for freelancers and small businesses across Europe. The company's origin stems from the founders' firsthand experience with the administrative burdens of entrepreneurship, symbolized by a shoebox full of receipts, which inspired them to create a simpler solution.

Zervant operates on a freemium and subscription-based model. Its platform enables users to create and dispatch professional estimates and invoices in under a minute. The software is designed to streamline financial workflows for entrepreneurs who may have limited accounting experience. Core features include customizable invoice templates, time tracking that links directly to invoicing, expense management, and automated payment reminders. The service facilitates faster payments by embedding a 'Pay Now' button on invoices, allowing clients to pay instantly via credit card or bank transfer through integrations with Stripe and Tink. For users requiring more advanced capabilities, the system provides functionalities for recurring invoices, financial reporting on income and cash flow, and manages VAT calculations.

The company primarily serves micro-enterprises and sole traders in various sectors, including marketing, retail, design, and consulting. Zervant has expanded its reach across several European countries, including the UK, France, Germany, Sweden, and its home market of Finland. A significant milestone in the company's history was its acquisition by Ageras Group in September 2021, a move aimed at creating a dominant ecosystem of tools for small businesses in Europe. Following the acquisition, the Zervant team continued its operations from its headquarters in Helsinki. The company also offers a mobile application for both iOS and Android, allowing users to manage invoicing on the go.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
Espoo, Finland
Sector
Fintech

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Conor Venture Partners

Series A6 investors entered at this stage

  • Capillary
  • Finnvera Venture Capital
  • Nostetta Ventures
  • Northzone
  • NFT Ventures
  • Tesi
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇫🇮 Finland75%
🇬🇧 United Kingdom25%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Zervant on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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