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Helu.io successfully closes $10m Series A financing

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Helu.io successfully closes $10m Series A financing
About Helu.io

Helu.iowas founded in 2020 by serial entrepreneur and unicorn investor Franz Salzmann.The company focuses on B2B controlling and reporting and easily integrates intoaccounting softwares (e.g. DATEV) to consolidate financial and non-financialinformation into quick and detailed reports. The company aims to becomeEurope’s standard for SMEs around reporting, controlling and budgeting.

Helu.io successfully closes $10m Series A financing
NEWS

Helu.io successfully closes $10m Series A financing

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The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs

- The Series A round was led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest, bringing the total fundraising to $15m in the last 12 months

- The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs. Helu currently has an official integration with Germany’s leading accounting software DATEV

19 July 2022, Vienna: Viennese financial reporting fintech Helu.io has announced the fundraising of their $10m Series A. Led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest and included existing investors such as Atlantic Labs - Helu.io’s latest successful funding round within a year brings the total funding raised to $15m.

Helu.io was founded in 2020 by unicorn investor Franz Salzmann to help CFOs and financial managers of SMEs to automate their financial controlling and reporting processes. Helu.io supports businesses who currently still manually build excel sheets merging accounting with non-financial data. They often do not have full access to their accounting data with a click, which Helu provides. Through their easy-to-use software, the start-up wants to become the standard for financial controlling and reporting by integrating into accounting softwares and enabling companies to transform their complex financial data into individual and easy-to-understand reports in a short time.

The funding will allow Helu.io to expand its product offering with a budget planning module launched in 2023, which will enable CFOs of SMEs to set up a seamless experience throughout the budgeting, controlling and reporting processes.

Thorben Rothe, Partner at IRIS, added:

“This new round confirms Helu’s ambitions to become Europe’s standard for CFOs to manage their financial data smoothly. We believe that empowering finance managers and their teams is key to optimizing processes in any medium-sized company.”

Franz Salzmann, Founder and CEO of Helu.io, commented:

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate this work and make it possible with just a few clicks. With this latest financing round, we can look forward to achieving large parts of our goals and continue to set a new standard for this category."

Stefan Tirtey, CommerzVentures Managing Partner, said:

“Helu.io has created a standout, powerful and easily integrated solution which allows SME’s and advisors to gain full control of financial data, removing the need for manual processes. Saving time and money empowers finance leaders to make better informed business decisions faster.”

- The Series A round was led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest, bringing the total fundraising to $15m in the last 12 months

- The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs. Helu currently has an official integration with Germany’s leading accounting software DATEV

19 July 2022, Vienna: Viennese financial reporting fintech Helu.io has announced the fundraising of their $10m Series A. Led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest and included existing investors such as Atlantic Labs - Helu.io’s latest successful funding round within a year brings the total funding raised to $15m.

Helu.io was founded in 2020 by unicorn investor Franz Salzmann to help CFOs and financial managers of SMEs to automate their financial controlling and reporting processes. Helu.io supports businesses who currently still manually build excel sheets merging accounting with non-financial data. They often do not have full access to their accounting data with a click, which Helu provides. Through their easy-to-use software, the start-up wants to become the standard for financial controlling and reporting by integrating into accounting softwares and enabling companies to transform their complex financial data into individual and easy-to-understand reports in a short time.

The funding will allow Helu.io to expand its product offering with a budget planning module launched in 2023, which will enable CFOs of SMEs to set up a seamless experience throughout the budgeting, controlling and reporting processes.

Thorben Rothe, Partner at IRIS, added:

“This new round confirms Helu’s ambitions to become Europe’s standard for CFOs to manage their financial data smoothly. We believe that empowering finance managers and their teams is key to optimizing processes in any medium-sized company.”

Franz Salzmann, Founder and CEO of Helu.io, commented:

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate this work and make it possible with just a few clicks. With this latest financing round, we can look forward to achieving large parts of our goals and continue to set a new standard for this category."

Stefan Tirtey, CommerzVentures Managing Partner, said:

“Helu.io has created a standout, powerful and easily integrated solution which allows SME’s and advisors to gain full control of financial data, removing the need for manual processes. Saving time and money empowers finance leaders to make better informed business decisions faster.”

- The Series A round was led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest, bringing the total fundraising to $15m in the last 12 months

- The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs. Helu currently has an official integration with Germany’s leading accounting software DATEV

19 July 2022, Vienna: Viennese financial reporting fintech Helu.io has announced the fundraising of their $10m Series A. Led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest and included existing investors such as Atlantic Labs - Helu.io’s latest successful funding round within a year brings the total funding raised to $15m.

Helu.io was founded in 2020 by unicorn investor Franz Salzmann to help CFOs and financial managers of SMEs to automate their financial controlling and reporting processes. Helu.io supports businesses who currently still manually build excel sheets merging accounting with non-financial data. They often do not have full access to their accounting data with a click, which Helu provides. Through their easy-to-use software, the start-up wants to become the standard for financial controlling and reporting by integrating into accounting softwares and enabling companies to transform their complex financial data into individual and easy-to-understand reports in a short time.

The funding will allow Helu.io to expand its product offering with a budget planning module launched in 2023, which will enable CFOs of SMEs to set up a seamless experience throughout the budgeting, controlling and reporting processes.

Thorben Rothe, Partner at IRIS, added:

“This new round confirms Helu’s ambitions to become Europe’s standard for CFOs to manage their financial data smoothly. We believe that empowering finance managers and their teams is key to optimizing processes in any medium-sized company.”

Franz Salzmann, Founder and CEO of Helu.io, commented:

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate this work and make it possible with just a few clicks. With this latest financing round, we can look forward to achieving large parts of our goals and continue to set a new standard for this category."

Stefan Tirtey, CommerzVentures Managing Partner, said:

“Helu.io has created a standout, powerful and easily integrated solution which allows SME’s and advisors to gain full control of financial data, removing the need for manual processes. Saving time and money empowers finance leaders to make better informed business decisions faster.”

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Helu.io successfully closes $10m Series A financing
About Helu.io

Helu.iowas founded in 2020 by serial entrepreneur and unicorn investor Franz Salzmann.The company focuses on B2B controlling and reporting and easily integrates intoaccounting softwares (e.g. DATEV) to consolidate financial and non-financialinformation into quick and detailed reports. The company aims to becomeEurope’s standard for SMEs around reporting, controlling and budgeting.

The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs
Helu.io successfully closes $10m Series A financing
NEWS

Helu.io successfully closes $10m Series A financing

close button

The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs

- The Series A round was led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest, bringing the total fundraising to $15m in the last 12 months

- The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs. Helu currently has an official integration with Germany’s leading accounting software DATEV

19 July 2022, Vienna: Viennese financial reporting fintech Helu.io has announced the fundraising of their $10m Series A. Led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest and included existing investors such as Atlantic Labs - Helu.io’s latest successful funding round within a year brings the total funding raised to $15m.

Helu.io was founded in 2020 by unicorn investor Franz Salzmann to help CFOs and financial managers of SMEs to automate their financial controlling and reporting processes. Helu.io supports businesses who currently still manually build excel sheets merging accounting with non-financial data. They often do not have full access to their accounting data with a click, which Helu provides. Through their easy-to-use software, the start-up wants to become the standard for financial controlling and reporting by integrating into accounting softwares and enabling companies to transform their complex financial data into individual and easy-to-understand reports in a short time.

The funding will allow Helu.io to expand its product offering with a budget planning module launched in 2023, which will enable CFOs of SMEs to set up a seamless experience throughout the budgeting, controlling and reporting processes.

Thorben Rothe, Partner at IRIS, added:

“This new round confirms Helu’s ambitions to become Europe’s standard for CFOs to manage their financial data smoothly. We believe that empowering finance managers and their teams is key to optimizing processes in any medium-sized company.”

Franz Salzmann, Founder and CEO of Helu.io, commented:

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate this work and make it possible with just a few clicks. With this latest financing round, we can look forward to achieving large parts of our goals and continue to set a new standard for this category."

Stefan Tirtey, CommerzVentures Managing Partner, said:

“Helu.io has created a standout, powerful and easily integrated solution which allows SME’s and advisors to gain full control of financial data, removing the need for manual processes. Saving time and money empowers finance leaders to make better informed business decisions faster.”

- The Series A round was led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest, bringing the total fundraising to $15m in the last 12 months

- The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs. Helu currently has an official integration with Germany’s leading accounting software DATEV

19 July 2022, Vienna: Viennese financial reporting fintech Helu.io has announced the fundraising of their $10m Series A. Led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest and included existing investors such as Atlantic Labs - Helu.io’s latest successful funding round within a year brings the total funding raised to $15m.

Helu.io was founded in 2020 by unicorn investor Franz Salzmann to help CFOs and financial managers of SMEs to automate their financial controlling and reporting processes. Helu.io supports businesses who currently still manually build excel sheets merging accounting with non-financial data. They often do not have full access to their accounting data with a click, which Helu provides. Through their easy-to-use software, the start-up wants to become the standard for financial controlling and reporting by integrating into accounting softwares and enabling companies to transform their complex financial data into individual and easy-to-understand reports in a short time.

The funding will allow Helu.io to expand its product offering with a budget planning module launched in 2023, which will enable CFOs of SMEs to set up a seamless experience throughout the budgeting, controlling and reporting processes.

Thorben Rothe, Partner at IRIS, added:

“This new round confirms Helu’s ambitions to become Europe’s standard for CFOs to manage their financial data smoothly. We believe that empowering finance managers and their teams is key to optimizing processes in any medium-sized company.”

Franz Salzmann, Founder and CEO of Helu.io, commented:

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate this work and make it possible with just a few clicks. With this latest financing round, we can look forward to achieving large parts of our goals and continue to set a new standard for this category."

Stefan Tirtey, CommerzVentures Managing Partner, said:

“Helu.io has created a standout, powerful and easily integrated solution which allows SME’s and advisors to gain full control of financial data, removing the need for manual processes. Saving time and money empowers finance leaders to make better informed business decisions faster.”

- The Series A round was led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest, bringing the total fundraising to $15m in the last 12 months

- The funding will allow Helu.io to pursue their goal of implementing a new standard of financial controlling, reporting and budgeting for European SMEs. Helu currently has an official integration with Germany’s leading accounting software DATEV

19 July 2022, Vienna: Viennese financial reporting fintech Helu.io has announced the fundraising of their $10m Series A. Led by fintech specialists CommerzVentures, alongside tech-focused VC IRIS and early-stage investor Speedinvest and included existing investors such as Atlantic Labs - Helu.io’s latest successful funding round within a year brings the total funding raised to $15m.

Helu.io was founded in 2020 by unicorn investor Franz Salzmann to help CFOs and financial managers of SMEs to automate their financial controlling and reporting processes. Helu.io supports businesses who currently still manually build excel sheets merging accounting with non-financial data. They often do not have full access to their accounting data with a click, which Helu provides. Through their easy-to-use software, the start-up wants to become the standard for financial controlling and reporting by integrating into accounting softwares and enabling companies to transform their complex financial data into individual and easy-to-understand reports in a short time.

The funding will allow Helu.io to expand its product offering with a budget planning module launched in 2023, which will enable CFOs of SMEs to set up a seamless experience throughout the budgeting, controlling and reporting processes.

Thorben Rothe, Partner at IRIS, added:

“This new round confirms Helu’s ambitions to become Europe’s standard for CFOs to manage their financial data smoothly. We believe that empowering finance managers and their teams is key to optimizing processes in any medium-sized company.”

Franz Salzmann, Founder and CEO of Helu.io, commented:

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate this work and make it possible with just a few clicks. With this latest financing round, we can look forward to achieving large parts of our goals and continue to set a new standard for this category."

Stefan Tirtey, CommerzVentures Managing Partner, said:

“Helu.io has created a standout, powerful and easily integrated solution which allows SME’s and advisors to gain full control of financial data, removing the need for manual processes. Saving time and money empowers finance leaders to make better informed business decisions faster.”

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