# LENEO A/S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leneo-a-s

- Industry: Financial Services
- Headquarters: Denmark
- Website: www.leneo.io
- Latest round: Angel (Nov 21, 2016)
- Investors on record: 1

## About

Leneo A/S operates a B2B recurring business management platform that optimizes billing and contract processes for businesses with subscription and usage-based models, enhancing operational efficiency across various sectors.Founded in 2016 in Denmark, Leneo A/S specializes in recurring business management solutions. The company was co-founded by Kristian Juhler and Peter Stuhr, who serves as the CEO. Leneo has completed 2 funding deals, with the most recent investment occurring on June 18, 2022, when SEB Venture Capital acquired a stake in the company for an undisclosed amount.Leneo offers a comprehensive B2B recurring business management platform designed to streamline billing and contract processes for various business models, including subscriptions, usage-based agreements, and leasing. The platform automates essential functions such as revenue management, contract monitoring, billing, payments, and service updates, ensuring accurate billing practices. Targeting industries reliant on recurring revenue, Leneo serves a diverse clientele, including tech companies and enterprises across multiple sectors. The platform integrates seamlessly with existing systems like ERP and CRM, enhancing operational efficiency and is marketed globally to optimize recurring revenue streams.Leneo generates revenue primarily through its subscription-based model, allowing businesses to access its recurring billing and contract management services. Clients subscribe under different pricing plans tailored to their needs, encompassing various billing structures such as fixed subscriptions, tiered pricing, and usage-based models. Revenue is driven by the value provided in eliminating revenue leakage and reducing manual workloads, contributing to long-term profitability. For the most recent year, Leneo reported an EBITDA of USD -1,153,289.90.Looking ahead, Leneo plans to enhance its platform with upcoming products aimed at improving customer experience and expanding its service offerings. The company is targeting new markets in Europe and North America, with specific plans for expansion by the end of 2023. The recent investment from SEB Venture Capital will support these initiatives, allowing Leneo to further develop its technology and marketing strategies to capture new clientele and strengthen its market position.

## Funding rounds

- Angel, Nov 21, 2016 — SEED Capital

## Investors

- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Angel