Aico Accelerates Growth with Strategic Investment from Accel-KKR
From April 2024 Aico is in partnership with Accel-KKR, a global leader in technology investment. This investment fuels Aico's mission to provide large enterprises across Europe with a leading financial close platform.
Accel-KKR is a global technology-focused private equity firm with $19 billion in cumulative capital commitments. Accel-KKR is committed to growth and helping software companies deliver value to their customers through excellent products and services.
Accel-KKR's expertise and resources will propel Aico's market expansion, bringing automation, transparency, and control to the financial close process for more businesses than ever before. With this investment, Accel-KKR will join the current investor - Juuri Partners as backers of Aico.
Introducing Our Leadership Team
Meet the people behind our commitment to excellence
Marko has been working in Aico since 2001 and as CEO since 2016. He leads the development of Aico's strategies, ensures effective team collaboration and fosters a positive company culture. His role encompasses strategic communication both internally and externally, contributing to Aico's continued success in the industry. Marko oversees Aico's IT, security and legal functions. With over 25 years of experience in enterprise software, he holds a Master of Science in System and Operations Research.
Kaisa has been the Head of People and Culture as well as Organisational Development at Aico since September 2016. She specialises in nurturing a positive company culture and overseeing organisational development. Additionally, she manages Aico’s Latvian and German legal entities. She believes in empowering individuals to develop their roles while providing support when needed, contributing to Aico's vibrant and supportive work environment.
Clive, the Chief Product Owner, is a member of the leadership team and Aico's product owner. He is responsible for the functional design of the Aico platform ensuring that the business requirements are delivered through Aico. From account reconciliation and close task management to journal entries, intercompany invoicing, accruals, and manual payments, he designs the features that make Aico meet the customer’s business case. Clive supports international pre-sales efforts, conducting demos and discovering customer requirements. He also actively supports and helps the Customer Services Unit, working directly with customers.
Asif is a result-oriented global B2B SaaS marketing executive with 20 years of global marketing experience in high technology. He has built and led a global marketing organisation, from intense expansion and pre-IPO phases to a successful IPO and acquisition. Asif thrives in a fast-paced business environment and brings significant expertise in developing global growth and generating sales for high-growth and category-creating leading companies, such as IBM, Microsoft, NetApp, Omnicell, Nlyte and UiPath.
He has a proven track record in driving new customer acquisition programs from concept through execution, building highly effective teams, supporting post-merger integrations, product development and executing effective product launch plans and strategic partnerships.
Martti Lahtinen, Aico's CFO since December 2022, specialises in finance, managing accounting, payments, sales invoicing, reporting and travel expense claims. His daily responsibilities include overseeing day-to-day finance activities such as sales and purchase invoices, payments, as well as month-end tasks. Martti also focuses on financial reporting and forecasting to support Aico’s growth on its strategic path. With a keen eye for detail and extensive expertise in finance, Martti plays a crucial role in driving Aico's financial operations forward.
Shivam leads Aico’s customer services, overseeing Implementation, Support, and Customer Success. Since joining Aico in 2020, he has leveraged his extensive experience in scaling implementation teams to enhance customer satisfaction. Previously, Shivam led major implementation projects at SSE, BP, and Telefonica. He began his career in Corporate Finance at Ernst & Young, showcasing his versatile skill set. A Chartered Accountant through ACCA, Shivam earned his fellowship in 2023, reflecting his dedication to professional growth and excellence in his field.
Patrik Rosqvist, R&D Director, joined Aico in 2009 and has managed the development of the Aico product since then. Patrik has a deep understanding of the product. He works with product management and the highly skilled development team to make sure Aico has the best features, performance, user experience and quality in the industry. Patrik has over 25 years of professional software development experience and holds a M.Sc. in software development.
Introducing Our Board Members
Meet the people supporting our commitment in excellence
To find out more about Maurice, click here.
To find out more about Phil, click here.
To find out more about Hansaka, click here.
To find out more about Juuri Partners, click here.
How does Aico help you take control of the financial close?
Click below to find out more about our suite of financial close solutions.