# Kravia

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_FinTech / Receivables · active · Bergen (Torggaten 5)_

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***ERP-native* invoicing and *debt collection* for the Nordics.**

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Integrated invoicing and debt collection for ERPs, vertical systems, and accountants.

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## Facts

- **Founded:** 2017
- **HQ:** Bergen
- **CEO:** Svein Ove Kvalsund
- **Employees:** 100+ (incl. PayQ + Billecta)
- **Customers:** 65,000+
- **2025 revenue:** 180 MNOK (pro forma, incl. PayQ + Billecta)
- **Markets:** Norway · Sweden · Finland · Netherlands
- **Stake:** Co-investor with Verdane
- **Website:**
  - [kravia.ai ↗](https://kravia.ai)

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## By the numbers

- **180 MNOK** — 2025 pro forma revenue, incl. PayQ + Billecta
- **65k+** — Customers across four markets
- **100+** — Employees, incl. PayQ + Billecta
- **+35%** — Revenue CAGR over five years

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## Reshaping *collection*.

Receivables management is one of those categories most founders don't think about until it breaks. The invoice goes out, the customer is slow, the spreadsheet grows, and someone in finance starts spending Wednesdays writing dunning letters. 

**Kravia rebuilt the category. **Founded in 2017 in Bergen, Kravia replaces spreadsheets with an integrated platform — billing, dunning, dispute management, payment plans, and pre-legal and legal debt collection — plugged directly into the cloud accounting systems where invoices originate.

Nine years in, the company carries the proof: **100+ employees, 65,000+ customers, +35% revenue CAGR over five years.** 

Distribution runs on a partner model. Accounting systems and ERPs (Fiken, Conta, Procountor) are the engine — Kravia is embedded inside the partner's UI, one-click escalation from invoice to collection. Accounting systems (Tripletex, PowerOffice, Fortnox, Visma, Xledger) drive activation.

In February 2026, **Kravia acquired Billecta** — a mature Stockholm-based SaaS invoicing platform serving 1,600 customers and transacting 75 billion SEK a year (2024) at 110% net revenue retention. Together: full order-to-cash for SMEs, ERPs, and vertical platforms.

AI is the next compounding layer. Kravia's Decision Manager surfaces every case needing action, picks the channel and message, learns from outcomes, and triggers outbound activities automatically driving **higher recovery rate and more revenue per case.**

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> *We reshape collection.* Commercially, in product, and in culture.
>
> — Kravia

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## Investment team

- **Lead:** [Henrik Lie-Nielsen](/team/henrik-lie-nielsen.md) — Managing Partner
- [Johan Sköld](/team/johan-skold.md) — Partner
- [Stian Pedersen](/team/stian-pedersen.md) — Partner / CFO
- [Vilde Martine Gjethammer](/team/vilde-martine-gjethammer.md) — Group General Counsel & Partner

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## Related Amplified pieces

- [Kravia acquires PayQ and enters the Netherlands](/amplified/kravia-acquires-payq-enters-netherlands.md) — New Deal
- [Kravia announces its acquisition of Billecta.](/amplified/as-the-holidays-are-closing-in-we-are-happy-to-announce-some-more-exiting-news-k.md) — New Deal