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UNIQUE OPPORTUNITY FOR INVESTMENT IN A SCALE-UP AT A STARTUP PRICE

Some history

Verji Tech AS is a SaaS B2B company established in March 2023. Verji Tech purchased all assets of the bankrupt estate of Verji AS after its startup. Verji AS filed for bankruptcy in February 2023, as the company ran out of ‘runway’.

At that time, over mNOK 70 had been spent on developing the technology, software, and everything else that constitutes the Verji product, including marketing materials such as trademarks, logos, websites, etc. Verji was transitioning from the ‘product-market fit’ phase to the ‘go-to-market’ phase.

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Some history

Verji Tech AS is a SaaS B2B company established in March 2023. Verji Tech purchased all assets of the bankrupt estate of Verji AS after its startup. Verji AS filed for bankruptcy in February 2023, as the company ran out of ‘runway’.

At that time, over mNOK 70 had been spent on developing the technology, software, and everything else that constitutes the Verji product, including marketing materials such as trademarks, logos, websites, etc. Verji was transitioning from the ‘product-market fit’ phase to the ‘go-to-market’ phase.

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ALF KENNETH BRÅTHEN

CEO & Co-founder

+47 98 23 24 50

JAN MARTIN KRISTIANSEN

CMO & Co-founder

+47 98 23 24 55

THOR ARNE JOHANSEN

CTO & Co-founder

+47 90 91 51 34

About the founding team

Verji Tech AS was founded by the three entrepreneurs Alf Kenneth Bråthen, Jan Martin Kristiansen, and Thor Arne Johansen. The founding team is a robust team that never gives up. They have extensive experience as leaders in small and medium-sized businesses. Additionally, the company has 7 employees, all of whom are shareholders.

The company focuses on selling Verji to the SMB market, with a focus on the accounting, auditing, and legal sectors.

About the founding team

Verji Tech AS was founded by the three entrepreneurs Alf Kenneth Bråthen, Jan Martin Kristiansen, and Thor Arne Johansen. The founding team is a robust team that never gives up. They have extensive experience as leaders in small and medium-sized businesses. Additionally, the company has 7 employees, all of whom are shareholders.

The company focuses on selling Verji to the SMB market, with a focus on the accounting, auditing, and legal sectors.

Verji Tech has achieved a lot during its first year of operation

The company has:

  • Signed partnership agreements with Regnskap Norge, SMB Norge, and the Norwegian Association of Real Estate Agents on behalf of their 11,000 member companies.
  • Over 250 corporate clients, mainly accounting firms, law firms, and auditors.
  • Over 10% market share among members of Regnskap Norge, measured by quantity. (accounting firms)
  • Achieved mNOK 2.5 in ARR (Annual Recurring Revenue) since inception.
  • Distribution agreement with 24SevenOffice, operating in Norway, Sweden, Denmark, UK, USA, and Canada.

Verji Tech has achieved a lot during its first year of operation

The company has:

  • Signed partnership agreements with Regnskap Norge, SMB Norge, and the Norwegian Association of Real Estate Agents on behalf of their 11,000 member companies.
  • Over 250 corporate clients, mainly accounting firms, law firms, and auditors.
  • Over 10% market share among members of Regnskap Norge, measured by quantity. (accounting firms)
  • Achieved mNOK 2.5 in ARR (Annual Recurring Revenue) since inception.
  • Distribution agreement with 24SevenOffice, operating in Norway, Sweden, Denmark, UK, USA, and Canada.

Verji is an exciting company with enormous growth potential within the SMB market.

The company already has over 250 customers in Norway, and the product is now so good and meets the needs of customers so well that the company is ready for growth, both in Norway and in Sweden.

The company is currently working on planning with 24SevenOffice to launch in Sweden as soon as possible in addition to Norway. According to Andreas Näslund, Head of 24SevenOffice in Sweden and Denmark, there is a significant need for a product like Verji in Sweden, especially within accounting and auditing. According to Andreas, there is no similar product focusing on these industries and solving their challenges as well as Verji.

There is an effort to increase sales force in Norway. This involves focusing on dealers and strengthening our own sales team.

The goal is for Verji to become the leading and best communication solution for the accounting, auditing, and legal industries in the Nordics within the next few years, and then in Europe. Other industries will be evaluated and targeted over time.

Unique opportunity to invest in Verji Tech.

Verji will conduct a capital expansion in Q2-2024, providing an opportunity for new investors to participate. If interested, please contact Jan Martin Kristiansen at phone: 982 32 455 or email: jmk@verji.com

Verji is the future's modern, secure, and efficient communication solution.

Verji can be described as the business world’s Messenger, only safer, more user-friendly, and completely free of ads and spam. Verji is tailored to the needs of the business world and solves three challenges with one product.

  • Increased Productivity
     Verji is a modern and intelligent communication solution where you ‘communicate in real-time, whether it’s exchanging messages, attachments, or video calls. And with Verji, organization based on industry is simple, and with rooms (groups), you can interact with many at once. Verji is completely free of SPAM and advertising. Additionally, document signing with BankID is included and done easily in Verji.
  • No worries about reputation loss and fines
    Personal data is exchanged easily, efficiently, securely, and in accordance with GDPR. Everything is encrypted, always.
  • Significantly reduced risk of fraud and data breaches
    Verji is a ‘closed’ system. All users are securely identified and must be invited to their respective Verji. By moving communication internally within the company, with customers and suppliers, as well as other regular contacts, to Verji, the risk of fraud and data breaches is easily reduced.
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