Saarni Cloud Oy

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Saarni Cloud Oy - overview

Established

2021

Location

Espoo, -, Finland

Primary Industry

Software

About

Saarni Cloud Oy specializes in software solutions focused on personnel management, learning, financial oversight, and analytics, streamlining HR processes for organizations. Saarni Cloud Oy, founded in 2021 in Espoo, Finland, provides integrated software solutions for HR management. The company has executed 2 deals, with the most recent occurring on March 20, 2025. In March 2025, Via Equity acquired a minority stake in Saarni Cloud Oy from Sponsor Capital.


  The firm was established by a team of experienced professionals, although specific founder details are not available. Saarni Cloud offers a comprehensive suite of software solutions designed for personnel management, learning, working time monitoring, financial management, and analytics. Their core offerings include the Likeit platform, which integrates working hours, task management, salary processing, and customer relations into a single, user-friendly service. Additionally, the Nepton system efficiently manages over 130,000 users across 800 companies, streamlining HR processes and payroll management.


The Saarni Learning's Priima Learning Management System (LMS) facilitates the implementation of training programs and courses, catering to organizations of various sizes across different industries. The Saarni EXP platform provides automated employee surveys and analytics, enabling organizations to assess employee well-being and track development actions effectively. These products predominantly serve clients in Finland, the Baltics, and Sweden, addressing the needs of diverse sectors from legal services to general corporate environments. Saarni Cloud’s revenue model is primarily based on subscription services, enabling businesses to utilize their software solutions effectively.


Clients typically engage in annual or monthly subscription agreements for specific products like Likeit and Nepton, which cater to the HR and payroll sectors. These transactions involve structured pricing plans that correspond to the features and scale of services utilized by the client. For example, organizations may opt for different tiers of service based on employee count or specific functionalities, ensuring that they have access to the tools necessary for efficient personnel management. Additionally, Saarni Cloud provides professional accounting services through Saarni Economics, further enhancing their value proposition within the business ecosystem.


This multifaceted approach to revenue generation allows the firm to maintain a robust client base and foster long-term partnerships across multiple industries. In March 2025, Via Equity acquired a minority stake in Saarni Cloud Oy, with financial terms undisclosed. This acquisition will support the company's growth and market reach expansion globally. Saarni Cloud plans to launch new products aimed at enhancing HR functionalities within the next year.


The firm is also targeting expansion into new markets including Denmark and Norway by the end of 2026, leveraging recent funding to bolster these initiatives.


Current Investors

Via Equity, Sponsor Capital

Primary Industry

Software

Sub Industries

HR & Workforce Software

Website

www.saarnicloud.com/en/

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Saarni Cloud Oy - financials

Fiscal Year EndedAug 31, 2018Aug 31, 2019Aug 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)230,000342,524.3332,324.6---
% Revenue Growth (YoY)-48.9%(3.0%)---
EBITDA (USD)19,767.88,595.65,130.6---
Operating Income (USD)19,767.86,574.42,608.7---
Operating Margin8.6%1.9%0.8%---
% EBITDA Margin8.6%2.5%1.5%---
NET Income (USD)1,443,165.2111,627,14842,884.6---
% Net Margin627.5%32589.6%12.9%---

Saarni Cloud Oy - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedSaarni Cloud Oy-
Add-onCompletedDiscendum Oy-
Add-onCompletedLikeIt Solutions Oy, Nepton Oy-
Company FormationCompletedSaarni Cloud Oy-

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