Description of the portfolio company
Founded in 2012 Ageras aims to provide the digital tools that a micro-SME needs to spend zero minutes on financial administration. The comprehensive product suite includes accounting, payroll and invoicing software, a professional services marketplace, and financing solutions for SMEs. Each product support Ageras’ vision – enabling success for small and micro-businesses.
Investment rationale
Accountants and other traditional financial service providers have been facing a shift in demand underpinned by increasing penetration of SaaS solutions. SMEs are increasingly adopting digital solutions, as they have become more customer friendly in terms of speed and complexity and affordable. Ageras is well positioned to offer all financial services a small business owner needs in one place and grow their business internationally.