Enabling a more meaningful work life for finance professionals

You're looking to organise, de-stress and simplify the financial close process for your team.

We built Aico, the company and the platform, to handle the complex, unique and changing needs of the world's biggest enterprises, and the people who work there.

Every solution we offer can be brought together to form part of a complete financial close process platform, built by our team of delivery and software specialists.

 

Award-winning support

Statutory compliance, operational complexity and technological advances demand that the financial platform you use is flexible and scalable.

Aico’s R&D and Product teams adapt, innovate and develop alongside you and your needs, meeting each new twist in the road with the tenacity and commitment you expect from a first-class service.

Togetherness

“Our sense of togetherness means that we feel comfortable in our work community to share all of our ideas to find the best solutions even for the toughest of challenges.

"We achieve the best results working together, ensuring that we can come up with novel and advanced solutions.”

- Jēkabs, Solutions Consultant

Sustainable growth

“Aico has grown quickly, but it feels like everyone has the chance to grow and learn together with the company. I'd say if you have the willingness to grow, there is an opportunity for you here.

"Also, implementing Aico is a huge change for our customers, so we do everything we can to support them. After all, Aico is there to give finance professionals a better and more meaningful work-life balance by easing and automating some of their current accounting processes. We're here to support their evolving business needs and grow together.”

- Lolita, Support Specialist

Aico Accel-KKR Juuri Partners logos

Aico Accelerates Growth with Strategic Investment from Accel-KKR

In April 2024 Aico entered into a 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

image of Michael Teixeira

Michael Teixeira in

Chief Executive Officer

michael.teixeira@mercur.com

Michael Teixeira is Group Chief Executive Officer  of the combined Aico, Mercur, AARO business. Michael is an experienced international tech CEO with a track record of driving sustainable growth, and transforming businesses into high-performing, professional environments. He is an inclusive and values-led leader , adept at building outstanding teams and embedding a winning company culture.

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Martti Lahtinen in

Interim Chief Financial Officer

invoicing@aico.ai

Martti Lahtinen, 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 

image of Kaisa Nuorivaara

Kaisa Nuorivaara in

Chief Human Resources Officer

kaisa.nuorivaara@aico.ai

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.

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Asif Muhammad in

Chief Marketing Officer

muhammad.asif@aico.ai

Asif Muhammad is a highly experienced CMO with 20 years of global marketing experience in SaaS & technology. He has built and led global marketing teams through periods of intense expansion and has a successful track record in building brands and driving new customer acquisition programs. 

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Jon Craven in

Chief Revenue Officer

jon.craven@aico.ai

Jon Craven is a highly experienced CRO with extensive experience in Cloud & SaaS solution across various enterprise markets and a strong track record of driving exceptional growth. Jon leads from the front to develop trusted relationships with customers and maximize account potential.

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Johan Lindemann in

Chief Technology Officer

johan.lindemann@mercur.com

Johan Lindemann has been with Mercur for 25 years. He joined as an implementation specialist, but has worked in various roles prior to settling down as Chief Technology Officer. Johan is passionate about building great products and under his leadership the Mercur team has built a modern multi tenant cloud solution with a market leading performance.

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Ola Henriksson in

Chief Operations Officer

ola.henriksson@mercur.com

Ola Henriksson has been with Mercur for 17 years, driving sustained and steep growth in professional services revenue.

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Richard Berntsson in

Chief Operating Officer

richard.berntsson@aaro.com

Over the past 17 years at AARO, Richard has held roles including Delivery Manager, Project Manager, Marketing Manager, Head of Key Account Management, and Head of Sales Management Sweden. For the last 6 years, as COO, he has driven the development of IT & Compliance, Marketing, Product, Development & Testing, and Consulting, building strong teams across these areas.

image of Toby Davidson

Toby Davidson in

Chief Product Officer

toby.davidson@aico.ai

Toby Davidson is a highly experienced Chief Product Officer, with strong domain experience in SaaS and in finance & cloud software, with Netsuite, SAP, and Proactis, and a very successful track record in high-growth environments. He brings clear strategic product vision and customer-centricity.

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Anders Persson in

Vice President of Transformation

anders.persson@aico.ai

Anders Persson has excellent experience of driving transformation in his time as a consultant e.g. at Bain and as Head of Strategy and M&A at HiQ Group, where he worked on a number of M&A integrations and on many transformative strategic projects. Anders will  focus on the strategic transformation topics where he can have the biggest impact.

Introducing Our Board Members

Meet the people supporting our commitment in excellence

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Maurice Hernandez in

Managing Director, Accel-KKR

To find out more about Maurice, click here.

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Phil Cunningham in

Managing Director, Accel-KKR

To find out more about Phil, click here.

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Hansaka Fernando in

Senior Associate, Accel-KKR

To find out more about Hansaka, click here.

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Tapani Varjas in

Partner, Juuri Partners

To find out more about Juuri Partners, click here.

Take 5 minutes to discover why Europe’s leading enterprises  trust Aico with their financial close.