Budget123 Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 7

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 5

Budget123 General Information

Description

Developer of a budgeting and reporting software designed to offer transparent financial management. The company's software can forecast on the basis of actual accounts and provides financial impact analysis, enabling businesses to access a user-friendly and manageable business intelligence system.

Contact Information

Website
www.budget123.dk
Formerly Known As
Merc IT
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • Stærmosegårdsvej 8
  • 5230 Odense
  • Denmark
+45 25 00 00 00
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Parent Company
Visma
Corporate Office
  • Stærmosegårdsvej 8
  • 5230 Odense
  • Denmark
+45 25 00 00 00

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Budget123 Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Budget123 Executive Team (3)

Name Title Board Seat
Thomas Mohring Co-Founder, Chief Executive Officer & Partner
Tim Hansson Co-Founder & Partner
Helge Munk Partner & Chairman
To view Budget123’s complete executive team members history, request access »

Budget123 Board Members (1)

Name Representing Role Since
00000 0000 Budget123 Partner & Chairman 000 0000
To view Budget123’s complete board members history, request access »

Budget123 Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Budget123 Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Budget123 FAQs

  • When was Budget123 founded?

    Budget123 was founded in 2007.

  • Who is the founder of Budget123?

    Thomas Mohring and Tim Hansson are the founders of Budget123.

  • Who is the CEO of Budget123?

    Thomas Mohring is the CEO of Budget123.

  • Where is Budget123 headquartered?

    Budget123 is headquartered in Odense, Denmark.

  • What is the size of Budget123?

    Budget123 has 7 total employees.

  • What industry is Budget123 in?

    Budget123’s primary industry is Financial Software.

  • Is Budget123 a private or public company?

    Budget123 is a Private company.

  • What is Budget123’s current revenue?

    The current revenue for Budget123 is 00000.

  • How much funding has Budget123 raised over time?

    Budget123 has raised $362K.

  • Who are Budget123’s investors?

    Syddansk Innovation has invested in Budget123.

  • When was Budget123 acquired?

    Budget123 was acquired on 17-Aug-2023.

  • Who acquired Budget123?

    Budget123 was acquired by Visma.

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