Translucent
Seed Round in 2023
Translucent is a developer of advanced accounting software aimed at enhancing financial management for multi-entity finance teams. The company provides a comprehensive financial platform that consolidates financial data, allowing organizations to streamline their reporting processes. Its suite of applications includes Group Reporting, Business Intelligence and Analytics, Live Sheets, and Financial Close features. These tools are designed to improve accuracy, automate reconciliations, and give businesses greater control over their financial information. Translucent’s solutions cater to the needs of organizations seeking to optimize their financial operations and decision-making.
Translucent
Pre Seed Round in 2023
Translucent is a developer of advanced accounting software aimed at enhancing financial management for multi-entity finance teams. The company provides a comprehensive financial platform that consolidates financial data, allowing organizations to streamline their reporting processes. Its suite of applications includes Group Reporting, Business Intelligence and Analytics, Live Sheets, and Financial Close features. These tools are designed to improve accuracy, automate reconciliations, and give businesses greater control over their financial information. Translucent’s solutions cater to the needs of organizations seeking to optimize their financial operations and decision-making.
PayEm is a provider of a spend and procurement management platform designed to enhance efficiency and transparency for finance teams. The platform automates the entire process from request to reconciliation, enabling finance professionals to capture invoices, create bills, and schedule payments globally in various currencies. By integrating credit card functionalities and a payment system, PayEm allows users to monitor employee spending and seamlessly sync data with accounting software. This automation reduces tedious tasks, minimizes friction, and provides real-time visibility across departments, teams, and subsidiaries. As a result, finance teams can focus on strategic objectives while effectively managing expenses and reporting.
Pento ApS is a Danish company that operates a platform delivering HR and payroll services tailored for European businesses. Founded in 2016 and based in Aarhus, Pento provides a Software as a Service (SaaS) solution that simplifies payroll processing, enabling companies to efficiently manage salary calculations, tax reporting, and compliance. Key features of the platform include Pento Autopilot, which assists with the collection of various employee data such as holiday records and expense claims, and Pento Payroll, a traditional payroll system designed for modern organizational needs. Pento serves a diverse range of clients, including bookkeepers, audit firms, and outsourcing agencies, and has expanded its operations to the UK since 2020, adopting a remote-first work model. The platform is designed to enhance user experience by automating payroll tasks and providing employees with easy access to their pay-related information.
Able is a mobile application designed for users to manage their income effectively. It offers features such as automated savings, income tracking, secure data encryption, and tax calculation assistance, catering primarily to freelancers, independent contractors, and creatives.
Founded in 2017, Rossum develops AI-powered data extraction software. Its platform automates information processing from invoices and other documents, integrating with ERP or accounting systems. Serving over 275 enterprise businesses worldwide, Rossum aims to boost productivity and precision while mitigating risks.
PayEm is a provider of a spend and procurement management platform designed to enhance efficiency and transparency for finance teams. The platform automates the entire process from request to reconciliation, enabling finance professionals to capture invoices, create bills, and schedule payments globally in various currencies. By integrating credit card functionalities and a payment system, PayEm allows users to monitor employee spending and seamlessly sync data with accounting software. This automation reduces tedious tasks, minimizes friction, and provides real-time visibility across departments, teams, and subsidiaries. As a result, finance teams can focus on strategic objectives while effectively managing expenses and reporting.
Pento ApS is a Danish company that operates a platform delivering HR and payroll services tailored for European businesses. Founded in 2016 and based in Aarhus, Pento provides a Software as a Service (SaaS) solution that simplifies payroll processing, enabling companies to efficiently manage salary calculations, tax reporting, and compliance. Key features of the platform include Pento Autopilot, which assists with the collection of various employee data such as holiday records and expense claims, and Pento Payroll, a traditional payroll system designed for modern organizational needs. Pento serves a diverse range of clients, including bookkeepers, audit firms, and outsourcing agencies, and has expanded its operations to the UK since 2020, adopting a remote-first work model. The platform is designed to enhance user experience by automating payroll tasks and providing employees with easy access to their pay-related information.
Inyad is a company that specializes in developing mobile applications aimed at supporting small and medium-sized businesses in their sales, operations, and growth. Its applications facilitate bookkeeping by tracking customer debts and payments, while also providing an online selling platform that enables offline businesses to establish and expand their presence in the digital marketplace. By enhancing the efficiency of merchants on a large scale, Inyad plays a crucial role in helping businesses navigate the complexities of modern commerce.
Melio is a fintech company that specializes in providing small businesses with digital tools to manage their business-to-business payments and receivables. Its platform offers a streamlined accounts payable and receivable dashboard, allowing businesses to transfer and receive payments efficiently. By simplifying the payment workflow, Melio enables small businesses to improve their cash flow and reduce or eliminate late payment costs. This approach enhances oversight and control over finances, allowing businesses to focus more on customer engagement rather than back-office operations. Overall, Melio aims to empower small businesses by minimizing time and costs associated with payment processes.
Yapily is a fintech company that provides an open finance platform enabling access to financial data and payment capabilities. The company connects businesses to thousands of banks through a secure open API, handling the complexity of integrations to save time and money. By supporting data retrieval and payment initiation, Yapily's platform enables applications across banking, lending, payments, accounting, and money management to improve customer experiences. As the industry moves toward an open economy, Yapily aims to power innovative financial solutions by facilitating secure data sharing and streamlined payment infrastructure for organizations worldwide.
Founded in 2017, Rossum develops AI-powered data extraction software. Its platform automates information processing from invoices and other documents, integrating with ERP or accounting systems. Serving over 275 enterprise businesses worldwide, Rossum aims to boost productivity and precision while mitigating risks.
Yapily is a fintech company that provides an open finance platform enabling access to financial data and payment capabilities. The company connects businesses to thousands of banks through a secure open API, handling the complexity of integrations to save time and money. By supporting data retrieval and payment initiation, Yapily's platform enables applications across banking, lending, payments, accounting, and money management to improve customer experiences. As the industry moves toward an open economy, Yapily aims to power innovative financial solutions by facilitating secure data sharing and streamlined payment infrastructure for organizations worldwide.