Visma logo
Founded 2009

Visma

2020 Revenue

$2.2B

YOY

24.33%

Funding

$150.8M

How Visma hit $2.2B in Revenue with 1M Customers in 2020.

About Visma

Visma is a provider of information technology services for finance, accounting and administration purpose. The company offers financial software, productivity software, ERP software, customer relationship management software, payroll software, HRM software and cloud services. Its market portfolio includes retail, accounting practices, agencies and consultants, as well as, public sector. Visma was founded in 1996 and is headquartered in Oslo, Norway. The company seeks to acquire other software firms that provide invoicing technology, various business software, financial accounting software, information software and business intelligence software.

Monthly Revenue

$187.0M

+ $36.6M (24.33%)
Total Expenses

$187.0M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

24.33%

=
Rule of 40

24


Headquarters

OsloNorway
Website

visma.com

$Funding$Revenue

Visma Revenue

In 2020, Visma revenue run rate hit $2.2B in revenue.

24.00%▲$1.8B$2.2B

Visma Valuation and Funding History

Visma has raised a total of $150.8M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
12/09/2010$150.8M

Customers

Visma has 1M customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Visma has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Visma has 5,986 employees. They have 1 sales rep that carries a quota They have an engineering team of 3. and a marketing team of 1.

2021
DistributionQty

Total Team Size

5986

Engineers

3 (0%)

Sales

1 (0%)

Marketing

1 (0%)

CEO/Founder

Merete Hverven

Hverven is the CEO of Visma as of March 31st, 2020. Since joining Visma in 2011, she has been driving strategy, acquisitions and change management leading up to her appointment as Deputy CEO in 2018. Before this role, Hverven was Chief HR Officer, where she systematised and coordinated joint HR efforts across all entities to improve employee engagement and attract top talent to Visma. Her work and dedication have earned her a reputation as a role model both in and outside Visma. Hverven is the CEO of Visma as of March 31st, 2020. Since joining Visma in 2011, she has been driving strategy, acquisitions and change management leading up to her appointment as Deputy CEO in 2018. Before this role, Hverven was Chief HR Officer, where she systematised and coordinated joint HR efforts across all entities to improve employee engagement and attract top talent to Visma. Her work and dedication have earned her a reputation as a role model both in and outside Visma. Hverven is the CEO of Visma as of March 31st, 2020. Since joining Visma in 2011, she has been driving strategy, acquisitions and change management leading up to her appointment as Deputy CEO in 2018. Before this role, Hverven was Chief HR Officer, where she systematised and coordinated joint HR efforts across all entities to improve employee engagement and attract top talent to Visma. Her work and dedication have earned her a reputation as a role model both in and outside Visma.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Visma

When was Visma founded?

Visma was founded in 2009.


Who is the CEO of Visma?

The CEO of Visma is Merete Hverven


How many employees does Visma have?

Visma has 5,986 employees.

How much revenue does Visma generate?

Visma generates $2.2B in revenue.


How much funding does Visma have?

Visma has raised $150.8M.


Where is Visma headquarters?

Visma is headquartered at OsloNorway

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