Semine logo — SEMINE empowers finance teams to reach their full potential

Semine

SEMINE empowers finance teams to reach their full potential

Founded 2015 Norway Norway 83 employees Series B Total: $23.20M AI, Enterprise Software +6

General Information

Company Name Semine
Founded Year 2015
Location Norway Norway +3
Employees 83
Industries AI, Enterprise Software, Financial Services +5
Funding Stage Series B
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About Semine

Semine, founded in 2015, is an ambitious and rapidly growing company headquartered in Norway, focused on transforming the finance function with advanced technologies. The company’s slogan, “SEMINE empowers finance teams to reach their full potential,” reflects its mission to revolutionize finance operations using artificial intelligence and machine learning.

At the heart of their offering is the SEMINE platform, a SaaS solution designed for medium to large enterprises and accounting firms. The platform automates the entire invoice process, significantly improving workflow efficiency and data accuracy for users such as Norrøna, Kaffebrenneriet, and OBOS. Boasting over 10,000 companies as users, SEMINE showcases notable traction in the market.

Recognized by Gartner in 2021 and ranking 7th on Deloitte's Fast 50 list, Semine is identified as a crucial player in intelligent automation. The company has secured a $3.00M Series B investment on 15 July 2022 from Kistefos Venture Capital, highlighting its growth potential within the AI-driven financial sector.

Taxonomy: intelligent automation, accounts payable automation, data capture automation, cloud-based SaaS, finance workflow automation, invoice processing, cost allocation automation, ERP integration, predictive analysis, semantic model classification, business process optimization, cognitive services

Services & Products

AI-powered accounts payable automation
invoice data capture
automated approval workflows
integration with ERP and financial systems
real-time financial analytics

Target Customers

CFOs accounting firms shared service centers real estate companies construction companies hospitality businesses retail industries energy sector automotive industry

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1
Investor
15 Jul 2022
Series B •••••• 3
Investor Investor
•••• ••••
01 Jul 2021
Series A •••••• 3
Investor Investor
•••• ••••
01 Jan 2021
Seed Round •••••• 1
Investor
15 Jun 2020
Venture Round •••••• 2
Investor
•••• ••••
23 Aug 2018

Semine Alternatives & Competitors

View All Alternatives
Semine vs
Clyear
Clyear United States

"Making the world a better place by Automation"

1 employees
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Semine vs
PredictAP, Inc.
PredictAP, Inc. United States

Intelligent Invoice Capture™ built for real estate AP

Series A
22 employees
Fintech, Internet
Semine vs
buck.ai
buck.ai United States

AI powered Smart Automation for Home Service Companies.

Seed
7 employees
Fashion

FAQ About Semine

SEMINE empowers finance teams to reach their full potential
Semine was founded in 2015.
Semine is headquartered in Norway.
Semine operates in the following industries: AI, Enterprise Software, Financial Services, Information Technology, Payments, Robotics, SaaS, Machine Learning.
Semine has approximately 83 employees.
Semine has completed 5 funding rounds, raising a total of $23.20M. The latest funding stage is Series B.
Semine offers: AI-powered accounts payable automation, invoice data capture, automated approval workflows, integration with ERP and financial systems, real-time financial analytics.
Top alternatives and competitors to Semine include Clyear, PredictAP, Inc., buck.ai, FoxBound, Medius. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Semine and Clyear 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.

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