Heeros

Heeros is a Finnish cloud software company providing mission-critical financial management, ERP, and HR solutions to small and medium-sized businesses across Finland and Europe.

Founded
2000
First Investment
2022
Software category
Financial Management, HR and ERP
Geography
Europe
Headquartered
Helsinki, Finland 🇫🇮
Status
Exit

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Heeros is a Finnish cloud software company providing mission-critical financial management, ERP, and HR solutions to small and medium-sized businesses across Finland and Europe.

In 2024, Heeros was acquired by Accountor Software and subsequently merged with 24SevenOffice, forming Finago—a leading Nordic provider of integrated financial administration and business operations software. The transaction positioned Heeros as a core platform within a scaled, multi-product SaaS group serving tens of thousands of SMEs.

The offer from Accountor Software valued Heeros at EUR 5.58 per share, representing a premium of 52% compared to the closing price on 21 November 2024. The offer price values Heeros’ equity at EUR 30.7 million on a fully diluted basis.

Growth journey from investment

Premium at the stock exchange

52

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%

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# of customers

18000

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%

+

Enterprise Value in million euros

30

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%

+

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“My experience with Viking Growth very good, especially co-operating with Jostein as a super active and engaged chairman. His high energy, positivity, and deep strategic understanding of the B2B software landscape really made a difference. I’ve also appreciated the community, which is rare among investors, and Viking’s laser-focus on scaling software. As well as, their hands-on approach and strong connections to strategic acquirers add real value."