Lenio develops Lenio TOP, a cloud-based enterprise resource planning and business management solution that integrates with common financial administration and ERP systems to help SMEs streamline field, office, and financial processes. The product is sold as a SaaS offering and is positioned to improve customer productivity by touching fundamental business operations. Historically the company has financed growth primarily through income financing, demonstrating operational traction in a competitive market. In November 2022 Lenio completed a €390,000 funding round that included participation from key personnel, private investors, and Takeoff Partners. Management says the proceeds will be used to invest in sales and marketing and to accelerate service development. With the new funding and a broader expert network, Lenio plans to continue growing its domestic client base and, later, pursue scalability and expansion opportunities in the EU.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2024