Finnish Panostaja is investing approximately EUR 3.9 million in SaaS company Inclus and will acquire an approximately 48 percent stake. The transaction values Inclus at approximately EUR 6.7 million.
Inclus develops software for risk management and generated approximately EUR 1.4 million in revenue in 2025, of which EUR 1.2 million was recurring annual revenue.
This now amounts to approximately EUR 1.4 million.
The company has more than 50 corporate customers and, with Panostaja’s support, will accelerate its international expansion, primarily in Northern Europe.