# Likvido Inkasso

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/likvido-inkasso-aps

- Industry: Internet
- Headquarters: Copenhagen, Denmark
- Website: www.likvido.com
- Total disclosed funding: $3.9M
- Latest round: Seed (Jun 12, 2020)
- Investors on record: 3

## About

Likvido Inkasso ApS is a financial technology company that specializes in accounts receivable management solutions, streamlining invoicing and collection processes for small to medium-sized businesses across Europe.Founded in 2018, Likvido Inkasso ApS provides an innovative platform for managing accounts receivable. The company is headquartered in Copenhagen, Denmark. In June 2020, it raised EUR 2.5 million in Seed funding led by BlackFin Capital Partners, bringing its total funding to EUR 2.5 million. Likvido has successfully completed 5 deals since its inception and primarily operates within the European market.Likvido offers a comprehensive accounts receivable management solution designed to streamline the invoicing and collection processes for small to medium-sized businesses. Their core product allows users to easily invoice customers, providing flexible payment options while automatically recording all transactions in the customer’s accounting software. The service includes features such as sending personalized payment reminders via email, SMS, EAN, and traditional mail, ensuring efficiency in cash flow management. Additionally, Likvido enables users to initiate debt collection processes with a single click if payments are not received after reminders, operating on a no-cure, no-pay basis. The company's clientele primarily consists of small business owners across various sectors, including retail and services, who seek to minimize the time spent on bookkeeping and debt collection. Likvido serves markets in Denmark and has expanded its offerings to other regions in Europe, focusing on enhancing financial management for businesses in these areas.Likvido's revenue model is primarily based on a subscription service, where clients pay for access to its platform and features tailored for accounts receivable management. Customers typically engage with the service on a monthly or annual subscription basis, which allows them to utilize the full range of functionalities, including automated invoicing, payment tracking, and debt collection services. The company provides flexible pricing plans catering to different business sizes and needs, facilitating accessibility for small enterprises. By offering an all-in-one solution, Likvido effectively addresses the financial management challenges faced by businesses, allowing them to focus on growth rather than administrative burdens. For the most recent financial year, Likvido reported an EBITDA of EUR -1,581,424.30.Following its most recent funding in June 2020, when it raised EUR 2.5 million, Likvido plans to enhance its platform by introducing new features aimed at improving user experience, although specific upcoming products have not been detailed. The company is also focusing on expanding its market presence in additional European countries to cater to a broader clientele. The funding will be utilized to support these initiatives, including potential technology upgrades and market entry strategies.

## Funding rounds

- Seed, Jun 12, 2020, $2.8M — BlackFin Capital Partners
- Seed, Apr 1, 2019, $0.5M — Vaekstfonden
- Seed, Jan 1, 2019, $0.5M — PreSeed Ventures
- Seed, Jun 15, 2018, $0.2M — PreSeed Ventures

## Investors

- PreSeed Ventures (https://capitalatlas.ai/funds/preseed-ventures) — Seed
- Vaekstfonden (https://capitalatlas.ai/funds/vaekstfonden) — Seed
- BlackFin Capital Partners (https://capitalatlas.ai/funds/blackfin-capital-partners) — Seed