sevDesk

Financial ServicesSeries BOffenburg, Germanysevdesk.de

Latest round

Series B

Last raised

May 2021

Total raised

$75M

Investors

7

About sevDesk

Based in Offenburg, Germany, and founded in 2013 by Fabian Silberer (CEO), and Marco Reinbold (CTO), sevDesk GmbH, formerly known as SEVENIT GmbH offers cloud-based accounting software that allows users, including self-employed professionals and small business owners to completely manage their own accounting even without any prior knowledge in accounting. In January 2025, Cegid SAS, a portfolio company of Silver Lake, Altaone Capital, Oakley Capital Private Equity, and KKR, agreed to acquire sevDesk GmbH from LEA Partners, VC Fonds Baden-Württemberg, MBG Baden-Wurttemberg, Wecken & Cie, Global Founders Capital, Rocket Internet SE, and Arena Holdings. Financial terms were not disclosed. As part of the transaction, the company's management will re-invest in the business. sevDesk GmbH offers an accounting Software-as-a-Service (SaaS) platform that allows users to automate accounting works including bookkeeping, invoicing, inventory management, VAT return filing, and digitizing all receipts in an easy and effective manner. The company’s platform also provides other functions such as online banking, cash management, creating various cost centers, and automatic evaluations.

Who invested in sevDesk

7 investors across 3 rounds

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Funding rounds

  1. Series B

    May 19, 2021

    Amount

    $61M

    Investors

    Locked

  2. Series B

    Aug 2, 2019

    Amount

    $10M

    Investors

    Locked

  3. Series A

    Aug 9, 2017

    Amount

    $3.6M

    Investors

    Locked

Questions about sevDesk

Who invested in sevDesk?

sevDesk has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has sevDesk raised?

sevDesk has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did sevDesk last raise money?

sevDesk's most recent round on record is a Series B, in May 2021.

What does sevDesk do?

Based in Offenburg, Germany, and founded in 2013 by Fabian Silberer (CEO), and Marco Reinbold (CTO), sevDesk GmbH, formerly known as SEVENIT GmbH offers cloud-based accounting software that allows users, including self-employed professionals and small business owners to completely manage their own accounting even without any prior knowledge in accounting.

Where is sevDesk headquartered?

sevDesk is headquartered in Offenburg, Germany.

Which VCs invest in companies like sevDesk?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, Mouro Capital and HV Capital back financial services companies at sevDesk's stage. Their profiles are linked below.

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