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Pagero raises EUR 10 million for international growth

Pagero has raised €10 million from the Norwegian private equity company Total. The company had sales of €15 million last year, according to CEO Bengt Nilsson, and has 190 employees. It has offices in eleven European cities and in Dubai.

The company says it will use the funding to expand in Europe and North America, and to expand its workforce to 250 employees.

Brengt Nillsen, CEO of Pagero:
“Our goal is to become the first choice in the market and enable companies worldwide to streamline their business processes with accurate data and a 100 percent digital flow of business documents.”

Christian Melby, partner in Total Equity:
“We believe in Pagero’s philosophy to offer an open platform that connects businesses with all of their customers and suppliers in an easy and cost effective way”

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