Shine - About the company
Shine is an acquired company based in Copenhagen (Denmark), founded in 2012 by Martin Hegelund. It operates as a Provider of integrated software for business banking and financial management. The company has 2985 active competitors, including 239 funded and 180 that have exited. Its top competitors include companies like Ramp, Intuit and Sage.
Company Details
Provider of integrated software for business banking and financial management. This platform combines banking, accounting, payroll, and tax administration into a single interface. Automated tools assist with invoice creation, expense tracking, and submission of mandatory tax documents. The software includes features for generating financial reports and managing payment reminders to reduce manual administrative tasks. Tools are designed to integrate with existing workflows to track income and expenditure.
- Website
- shine.co/en
- Email ID
- *****@shine.co
- Phone Number
- +45 **********
Shine's acquisition details
Shine got acquired by Cegid on Nov 27, 2025.
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Shine's funding and investors
Shine has not raised any funding rounds yet.
Shine's founders and board of directors
Founder? Claim ProfileThe founders of Shine is Martin Hegelund.
Here are the details of Shine's key team members:
- Martin Hegelund: Co-Founder & Chief Growth Officer of Shine. Contact Info: 1 email address
View details of Shine's Founder profiles and Board Members
Shine's employee count trend
Shine has 833 employees as of Aug 26. Here is Shine's employee count trend over the years:
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Shine's Competitors and alternates
Top competitors of Shine include Ramp, Intuit and Sage. Here is the list of Top 10 competitors of Shine, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
3rd |  Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 78/100 | |
4th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 77/100 | |
5th | Cloud-based financial management and accounting software platform | $442M | 77/100 | ||
6th | Online accounting and invoicing solutions for SMBs | $40.9M | 76/100 | ||
7th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
8th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
9th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 72/100 | |
10th |  Anna 2017, London (United Kingdom), Acquired | Cloud-based accounting management solutions for businesses | $88.3M | 70/100 | |
63rd | Provider of integrated software for business banking and financial management | - | - | 53/100 |
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Shine's Investments and acquisitions
Shine has acquired 2 companies including Libeo and Transpayrent. Shine has not made any investments as of now.Reports related to Shine
Here is the latest report on Shine's sector:
News related to Shine
Media has covered Shine for a total of 3 events in the last 1 year.
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Investcorp agrees to sell accounting and administrative solutions platform ShineAlBawaba•Nov 27, 2025•Investcorp, Shine.com, Shine
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Cegid Acquires Shine to Accelerate the Path of Becoming Europe’s Leading Financial Copilot for SMBs and AccountantsFinancial Post•Nov 26, 2025•Cegid, Shine
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