Ageras Secures €82M for Fintech Acquisitions

Danish-founded fintech Ageras has raised €82 million for new acquisitions in an oversubscribed private placement round, bringing their total funding to nearly €200 million. Ageras, originally an online marketplace connecting small businesses with accountants, has evolved into a comprehensive cloud-based software provider with a vision to simplify business administration. CEO Rico Andersen emphasizes the importance of M&A in their strategy to become a market leader and eventually go public. Positive EBITDA in 2023 and a record-high ARR of €41 million demonstrate Ageras' growth and potential. Investcorp, Folketrygdfondet, and Lazard are among the investors supporting Ageras' expansion.