Heeros Oyj
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Heeros Oyj - overview
Established
2000
Location
Helsinki, -, Finland
Primary Industry
Software
About
Based in Helsinki, Finland, and founded in 2000, Heeros Oyi operates as a Software development firm that offers cloud-based business management solutions to automate processes like financial transactions, human resources management, etc. In December 2022, Heeros Oyj raised venture funding led by Viking Venture. As of 2022, the company is led by its CEO Mikko Pilkama, and the solutions offered by the firm are used by more than 18000 companies in 20 different companies and around 500,000 invoices are processed every month. It is listed on Nasdaq as HEEROS.
The software company offers cloud-based business management solutions, and it automates processes like financial transactions, enterprise resources planning, and human resource management. The solutions offered by the firm include automating the company’s invoice process and offering solutions to automate financial administration. It also offers cloud-based financial administration software which increases productivity. The company plans to use December 2022, funding to finance the implementation of its growth strategy.
Current Investors
Viking Growth
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Customer Relationship Management, HR & Workforce Software, Sales & Marketing Software
Website
www.heeros.com
Verticals
Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Heeros Oyj - timeline of key events
Heeros Oyj - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 8,605,344.9 | 8,751,849.9 | 9,200,713.6 | - | - | - |
| % Revenue Growth (YoY) | - | 1.7% | 5.1% | - | - | - |
| EBITDA (USD) | 913,136.3 | 1,430,886 | 3,434,646.2 | - | - | - |
| Operating Income (USD) | (190,447.6) | 204,005.4 | 722,913.8 | - | - | - |
| Operating Margin | (2.2%) | 2.3% | 7.9% | - | - | - |
| % EBITDA Margin | 10.6% | 16.3% | 37.3% | - | - | - |
| NET Income (USD) | (293,683.8) | 21,799.7 | 498,943.5 | - | - | - |
| % Net Margin | (3.4%) | 0.2% | 5.4% | - | - | - |
Heeros Oyj - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Public to Private, Trade Sale | Completed | Heeros Oyj | - |
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Heeros Oyj - employee data
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