Tallinn-based back-office operations management solution for SMEs Enty raises €700K

Estonian back-office operations management solution for SMEs Enty has raised €700K in a seed round from UK-based TMT Investments, Finnish Trado Capital, and a group of angel investors.

Founded in Tallinn in 2020 by Kirill Zheleznov and Jane Shmygaleva, Enty is a control panel that allows SMEs to handle multiple processes simultaneously, and automate them. For instance, issuing invoices with payment links, creating contracts, e-signing them, reviewing them with AI technology, managing finances, hiring staff, automating accounting, etc. 

The solution operates on a subscription basis and ensures compliance with EU, EEA, and UK local regulations. Enty has onboarded more than 2.5K European companies, and its ARR reached €1M in 2023.