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Medius logo — Smarter AP, Thanks to AI

Medius

Smarter AP, Thanks to AI

Founded 2001 Sweden Sweden 669 employees Private Equity Total: $2.50M AI, Analytics +3

General Information

Company Name Medius
Founded Year 2001
Location Sweden Sweden
Founders / Decision Makers
Team member Team member
Employees 669
Industries AI, Analytics, Financial Services +2
Funding Stage Private Equity
Social

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About Medius

Medius is a Sweden-based company founded in 2001 and it operates in the industries of Analytics, Fintech, and Information Technology. The company's slogan "Smarter AP, Thanks to AI" encapsulates its core mission of revolutionizing the accounts payable process. Medius not only streamlines invoice capture, processing, and payment but also introduces a level of assurance and tranquility in managing AP. By harnessing the potential of artificial intelligence, Medius ensures that invoices are seamlessly coded, approved, and paid, enabling customers to have peace of mind and businesses to rely on accurate budgets and forecasts. In its journey to further expand and strengthen its operations, Medius secured a Private Equity Round investment on 16 March 2022, with investment coming from Advent International. This investment reflects the confidence that prominent investors have in Medius's AI-driven approach to transforming accounts payable processes. Medius's commitment to leveraging innovative technologies to enhance financial operations and instill confidence in businesses and customers solidifies its position as a trailblazer in the Fintech and IT sectors. For more information, please visit medius.com.

Taxonomy: invoice capture, AP automation, financial management, business process automation, budget management, forecasting, data processing, payment processing

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round Undisclosed 1
Advent International
Advent International
16 Mar 2022
Venture Round €2.50M 1
Innovations Kapital
08 Dec 2009

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FAQ About Medius

Smarter AP, Thanks to AI
Medius was founded in 2001.
Medius is headquartered in Sweden.
Medius operates in AI, Analytics, Financial Services, Fintech and Information Technology. Its work centres on invoice capture, AP automation, financial management and business process automation.
Medius has approximately 669 employees.
Medius has completed 2 funding rounds, raising a total of $2.50M. The latest funding stage is Private Equity.
Top alternatives and competitors to Medius include DocuPhase, MineralTree, Inc., ASAAS, Candis, Apron. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Medius and DocuPhase are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Medius, https://bouncewatch.com/company/medius, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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