Semine AS

Based in Norway, Semine AS provides an innovative platform for accounts payable automation, enhancing invoice and purchase order processing through advanced AI technology. Semine AS, founded in 2015, is headquartered in Kristiansand, Norway. The company focuses on automating accounts payable processes. Notably, it has engaged in one significant deal.

On July 14, 2025, Semine was acquired by Rydoo NV, a portfolio company of Eurazeo, to expand their expense management platform. Semine is a leading provider of accounts payable automation solutions, primarily offering an AI-driven software platform that streamlines invoice and purchase order processing. This technology captures head and line-level data from invoices, automating tasks such as invoice matching, approval workflows, and data entry with high accuracy. Semine serves a diverse clientele, including accounting firms and enterprises in various sectors such as real estate, construction, energy, and retail, allowing finance teams to concentrate on strategic tasks.

The company operates in multiple markets, including Norway, Sweden, and Finland. Semine generates revenue through a subscription-based model, with clients paying for access to tailored software solutions. Transactions occur on a B2B basis, where businesses utilize Semine's accounts payable automation to improve efficiency in their invoice processing. The pricing model accommodates various organizational sizes and complexities, providing scalable solutions as businesses grow.

Long-term partnerships with clients are common, ensuring continuous software updates and dedicated support, ultimately enhancing value. The flagship offerings include comprehensive automation of invoice processing, yielding cost savings and improved financial transparency across operations. Following its acquisition by Rydoo NV on July 14, 2025, the growth strategy includes integrating Semine's technology into Rydoo's expense management platform, enhancing their service offerings. Future product developments and expansions into additional European markets are anticipated as part of this strategic integration, aiming to leverage Semine's automation capabilities across a broader customer base.