Discendum has merged with Likeit Nepton Group to strengthen their SaaS offerings in human resources and learning management, creating a formidable player in the Finnish software industry.

Target Information

Discendum has joined forces with Likeit Nepton Group, creating a robust software consortium specializing in SaaS services for human resources, learning management, time tracking, financial management, and analytics. Discendum is a leading provider of digital learning platforms in Finland, while Likeit Nepton Group is a notable player in the SaaS market. Together, they aim to become the most desired SaaS community in Finland, attracting both top providers and customers seeking successful solutions.

The newly formed Likeit Nepton Group now serves over 290,000 users in Finland and Northern Europe, catering to a diverse clientele of over 950 businesses across various sectors. The group has established a strong market position within financial and HR services, as well as in the public sector. In 2021, the group's revenue exceeded €10 million, predominantly from ongoing SaaS services, backed by a team of 80 experienced professionals based in Espoo, Tampere, and Oulu.

Industry Overview

The SaaS industry in Finland is rapidly evolving, driven by increasing demand for digital solutions in business operations, particularly in HR and learning management sectors. As organizations adapt to the changing landscape of work

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Likeit Nepton Group

invested in

Discendum

in 2022

in a Other deal

Disclosed details

Revenue: $12M

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