Kilchberg, Zurich/Vienna — 3VC has invested in the Zurich-based startup Aderis. The Vienna-based venture capital fund aims to help Aderis become the European market leader in ERP systems with its AI-native Live Finance platform.
(CONNECT) The Zurich-based startup Aderis is receiving funding from the Vienna-based venture capital fund 3VC. Elian Kool, founder and CEO of Aderis, has developed an ERP system designed to replace legacy systems—most of which were developed before the year 2000 and have since been retrofitted with artificial intelligence (AI).
According to a statement from 3VC, these legacy systems “are reaching the end of their useful life, necessitating migration cycles; the pool of accounting professionals is shrinking structurally; and AI has only recently become capable of precisely automating key financial processes.” Europe alone offers billions of euros in potential for Aderis’s Live Finance platform, which aims to become the European market leader.
"At 3VC, we believe in next-generation ERP systems," the press release states. "The ERP system of the future must be AI-native, modular, and API-based." "We are convinced that teams should be able to use automated workflows without compromising the traceability of every decision and transaction. Elian Kool, CEO and founder of Aderis, shares this vision."
Kool co-founded Netcentric in 2012 and, from Zurich, built it into a successful digital marketing consulting firm operating throughout Europe with over 600 employees. “We are convinced that Elian’s vision, his experience, his ability to execute quickly, and his ability to recruit and motivate top talent are crucial to succeeding in a market where competition is fierce among several well-funded companies,” said 3VC.
Aderis' ERP system is an AI-native ERP platform for consumer goods companies that operate in various countries, with different branches and currencies. According to the information provided, the first customers include companies from the manufacturing industry, e-commerce, medical technology, and the hospitality industry, among others. "These customers," according to 3VC, "were impressed by Aderis' ability to go live within a few days and achieve a clear ROI." ce/mm
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