Series A · No Code & Automation · Copenhagen, Denmark · Founded 2020 · 30–35 employees
Viio is an intelligent SaaS management platform that helps businesses optimize their software spending by providing complete visibility into their software vendors, contracts, and licenses. The company automatically identifies cost-saving opportunities and tackles the problem of shadow IT where up to 25% of SaaS and cloud spend is wasted. Founded in 2020, Viio raised over €3.3 million in Series A funding in June 2024 led by North Ventures, and has achieved product-market fit serving clients including Convex Insurance and Populous across Europe and the UK. The company was acquired by Matrix42 in October 2025, demonstrating strong market validation for their spend optimization platform in the rapidly growing €230 billion SaaS market.
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