Erply, from Estonia, offers business software targeted at smaller businesses for inventory managment, billing and invoices. It is already used by hundreds companies and runs break even..
The Accelerator Group: Major coup for Seedcamp winner, ERPLY
03-23-2010
Investors in Seedcamp were universally impressed with Erply during Seedcamp week in London last September and then again during 'demo day' and 'investor day' at the end of 2009.
They were exposed again to 50 or so seed investors at SeedSummit in December 2009.
Now, following a visit that 10 of the Seedcamp finalists made to the US, Redpoint and Index have led a funding round which puts the business software start-up from Estonia firmly on the map.
This is an exciting development for Seedcamp and Erply.
For Seedcamp, this is an endorsement of its ability to find high potential companies and provide them with a global platform.
For Erply this round is a recognition of the strength of the product that Kris and his team have developed.