Enty funding news – Talinn-based Enty has Secures €700k in Seed Funding

It is committed to achieving significant strides towards its goal of being the back-office industry standard in Europe by 2024. The fundraising round demonstrates the increasing trust that investors have in it's ability to transform the market for back-office services for European SMEs.

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The funding came from a group of angel investors, Trado Capital, a Finnish digital investment firm, and TMT Investments, a tech investment company quoted on the London Stock Exchange's Alternative Investment Market (AIM).

Kirill Zheleznov, CEO and co-founder said, "Turbo-charged entrepreneurs don’t want to be dragged down by highly time consuming but essential back office tasks. It’s focus from day one on achieving product market fit has led us to identify the top requirements for SMEs: having all their back office operations on a single platform, whether it is invoicing, contract management, or cash flow modelling. Simplicity of use, delivered through an all-in-one platform, is what’s driving Enty’s growth. We are thrilled with the success of this funding round, which validates Enty’s approach and the strength of its vision."

Alexander Selegenev, Executive Director of TMT Investments Plc said, “With over 2,500 clients onboarded, it has proven it is clearly meeting a market need. As an investor, we were deeply impressed by Enty’s team and its resilience and ability to execute in high-growth environments. Enty has hit a sweet spot for European entrepreneurs, making it one of the most attractive options available for SMEs wanting to save time and boost efficiency. The new investment will enable Enty to accelerate growth, enhance its product offering, and expand reach to all European markets and we look forward to charting its progress,".

About Enty

Enty is a single control panel used by European SMEs for their back-office functions. Several tasks can be coordinated at once, including hiring workers, automating bookkeeping, generating contracts and e-signing them, creating bills with payment connections, and monitoring and forecasting finances. Manage your business with only one subscription rather than tens, and let the tedious tasks be taken care of for you.