When was Leneo founded?

Leneo was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Leneo located?

Leneo is headquartered in Copenhagen, Denmark.

Which legal entities is Leneo associated with?

Leneo is associated with LENEO A/S.

How many employees does Leneo have?

As of May 31, 2026, the latest employee count at Leneo is 11.

Is Leneo a funded company?

Leneo is a funded company, having raised a total of $5.54M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 16, 2016.

How much is Leneo worth?

The last known valuation of Leneo was $***** as of Jun 09, 2022.

When was the latest funding round of Leneo?

Leneo's latest funding was a $***** Seed round on Jun 09, 2022, with participation from 0 investor. Its primary sector is Banking Tech. In Denmark, the Banking Tech sector has seen $85.4M in funding in 2026 to date.

Where does Leneo rank among its competitors?

Leneo ranks 8th amongst 30 active competitors, only 1 of which is funded. Leneo, which secured $4M in Jun, 2022.

Who are the top competitors of Leneo?

Leneo's top competitors include NetSol Tech, Alfa Systems and LeaseAccelerator. Among them, Leneo secured the most recent funding round in June, 2022.

Leneo - 2026 Company Profile, Team, Funding, Competitors & Financials

Leneo is an acquired company based in Copenhagen (Denmark), founded in 2016 by Thorleif Krarup, Peter Stuhr and Heidi Sorensen. It operates as a Provider of loan life cycle management solutions for equipment lenders. Leneo has raised $5.54M in funding from Seed Capital, with last known valuation of $*****. The company has 30 active competitors, including 1 funded and 9 that have exited. Its top competitors include companies like NetSol Tech, Alfa Systems and LeaseAccelerator.

Company Details

Provider of loan life cycle management solutions for equipment lenders. It features a white-label and SaaS-based solution that can be integrated into the existing core banking systems. It also enables front-office financial advisors to offer access to asset finance for the clients. Its features are personal lease management, API-enabled architecture, and more.

Website: www.leneo.io
Social
Email ID: *****@leneo.io

Key Metrics

Founded Year

2016

Location

Copenhagen, Denmark

Stage

Acquired

Total Funding

$5.54M in 4 rounds

Latest Funding Round

Seed, Jun 09, 2022, $*****

Last Known Valuation

$***** as on Jun 09, 2022

Investors

Seed Capital & 4 more

Ranked

8^th among 30 active competitors

Employee Count

11 as on May 31, 2026

Similar Companies

NetSol Tech & 29 more

Exit Details

Acquired by SEB (Jun 22, 2022)

View Leneo's full profile

Leneo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LENEO A/S CIN: 37648035 , Denmark, Active	Apr 27, 2016	-	4 (As on Nov 30, 2024)

Leneo got acquired by SEB on Jun 22, 2022.

Click here to take a look at Leneo's acquisition in detail

Leneo has raised a total funding of $5.54M over 4 rounds. Its first funding round was on Nov 16, 2016. Leneo has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Leneo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 09, 2022	5942187	Seed	1684861	1997163	3178425	9762708
Jul 02, 2020	8096981	Seed	2654006	5487751	7909058	3734637
Aug 30, 2017	9652888	Seed	4034040	4713824	4688099	5425673

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View details of Leneo's funding rounds and investors

The founders of Leneo are Thorleif Krarup, Peter Stuhr and Heidi Sorensen.

Here are the details of Leneo's key team members:

Thorleif Krarup: Founder of Leneo. They are also an angel investor in 3 startups and serve on the boards of 2 companies.
Peter Stuhr: Co-Founder & CEO of Leneo. They serve on the board of 1 company.
Heidi Sorensen: Co-Founder & COO of Leneo.

Leneo's Board of Directors

Leneo's board has 6 active members. Thorleif Krarup and Peter Stuhr are part of team and Nicolai Robinot Bodd, Andreas Fredriksson, Anders Fredrik Ljungblad and Christopher Olander are independent board members.

Here is the list of Leneo's board of directors:

Name	Type	Representing	Status	Duration
Thorleif Krarup	Team	-	Current	9y 7m
Peter Stuhr	Team	-	Current	10y 2m
Nicolai Robinot Bodd	Independent board member	-	Current	9y 4m
mlnmcpz	Independent board member	-	Current	3y 9m
xqsptww	Independent board member	-	Current	7y 1m
kdlstoj	Independent board member	-	Current	8y 1m

View details of Leneo's Founder profiles and Board Members

Leneo's employee count trend

Leneo has 11 employees as of May 26. Here is Leneo's employee count trend over the years:

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Top competitors of Leneo include NetSol Tech, Alfa Systems and LeaseAccelerator. Here is the list of Top 10 competitors of Leneo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NetSol Tech 1979, Calabasas (United States), Public	Developer of an AI-driven platform for asset finance and retail	-	-	63/100
2nd	Alfa Systems 1990, Sydney (Australia), Public	Developer of software platform for asset and auto finance operations	-	The Independent Investment Trust, Hampshire Trust Bank ... Read more	54/100
3rd	LeaseAccelerator 2003, Reston (United States), Acquired	Provider of financial planning, accounting, and operational software and solutions	$42.1M	Insight Partners, eBridge Ventures & 2 others	52/100
4th	LTi Technology Solutions 1989, Omaha (United States), Acquired	Equipment finance and leasing software	-	-	49/100
5th	Liventus 2002, Northbrook (United States), Funding Raised	AI-based management solutions for equipment financing	-	-	47/100
6th	Odessa 1998, Philadelphia (United States), Funding Raised	Platform offering asset finance software for lenders	-	Thomas H Lee Partners	43/100
7th	Alliance Equipment Finance 2022, Portsmouth (United States), Unfunded	Platform offering financing solutions	-	-	41/100
8th	Leneo 2016, Copenhagen (Denmark), Acquired	Provider of loan life cycle management solutions for equipment lenders	$5.54M	SEB, Ministry of Education and Research & 3 others	41/100
9th	LeasePak Cloud 2011, Calabasas (United States), Unfunded	Cloud-based equipment leasing and financing solutions	-	-	40/100
10th	International Decision Systems 1974, Minneapolis (United States), Acquired	Lease and loan solutions for equipment finance industry	$20M	Album VC, Peabody Capital & 2 others	40/100