Younium
Better subscription management for modern B2B companies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | €2.7m | Seed | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (61 %) | 726 % | 125 % | 133 % | 71 % | 158 % | 50 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (80 %) | (86 %) | (61 %) | (113 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (675 %) | (88 %) | (102 %) | (73 %) | (123 %) | (59 %) | (28 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Younium provides a specialized platform for B2B companies to manage the complexities of subscription-based business models. Founded in 2017 by Niclas Lilja, the company emerged from his 20 years of experience in the SaaS industry and his firsthand frustration with existing market solutions while at his previous company. Lilja identified a need for a more adaptable and user-centric subscription management tool, which led to the creation of Younium in Stockholm, Sweden.
The company targets B2B software and SaaS companies, offering a comprehensive suite designed to handle the entire subscription lifecycle. Its business model is software-as-a-service, generating revenue through recurring fees for access to its platform. Younium's services are structured around four main pillars: subscription management, billing, financials, and metrics reporting. This enables clients to organize complex subscriptions, automate accounts receivable, ensure tax compliance, and streamline financial reconciliation with support for standards like ASC 606 and IFRS 15. The platform handles diverse pricing models, including one-time, recurring, and usage-based fees, and supports multi-company and multi-currency operations for international growth.
Significant milestones include achieving a recurring revenue of €4.8 million with 60% growth in 2023 and expanding its client base across 15 countries. The company has secured a total of $3.03 million in funding over two rounds, with Partinc Capital being a lead investor. This capital is fueling expansion in Europe and North America, with CEO Niclas Lilja relocating to lead the U.S. initiative. With offices in Stockholm, Malmö, Amsterdam, and Philadelphia, Younium serves notable clients such as Quinyx, Superoffice, and Topdesk, positioning itself as a key player in the subscription management space for growing B2B enterprises.
Keywords: B2B subscription management, SaaS billing platform, recurring revenue, financial reporting, subscription lifecycle management, automated invoicing, revenue recognition, ASC 606 compliance, IFRS 15 compliance, quote-to-cash, dunning management, usage-based billing, subscription analytics, churn analysis, Partinc Capital, Niclas Lilja, enterprise subscription platform, multi-currency billing, accounts receivable automation, financial operations