1、State of EuropeanBusinessTech 2024AI is a catalyst for SaaS,growth is back in demand and UK continues to dominateIntroductionWelcome to Finch Capitals 1st edition of the State of European BusinessTechreport in which we focus on the macro trends and do a deep dive on theimpact of AI on the broader bu
2、siness technology sector,and the role Europewill have to play in developing this ecosystem.Our report is structured as follows:chapter 1.State of European BusinessTech,chapter 2.State of Key European Countries and finally,chapter 3 TrendsShaping BusinessTechWe define Business Technology as 4 sectors
3、 being:HR&Payroll,Accounting&Tax,Regulatory,Legal and Compliance and Business Process AutomationSoftwareWe focus our deep dive on AI,as it is redefining the trajectory of BusinessTechnology software businesses,enabling them to deliver unprecedentedefficiencies,automate complex workflows,and extract
4、actionable insights fromvast data pools.Finch Capital partners with ambitious founders in business and financialtechnology verticals by backing teams to build and grow capital efficiently.We invest 5-15m in companies generating 2-15m in ARR.We helpaccelerate the path to profitable scale by allowing
5、founders and team tomaintain control and provide liquidity for certain stakeholders as well.Weveinvested in 50 companies including Fourthline,Goodlord,eFlow,ZOPA,AccountsIQ,NomuPay and Lavanda.Finch Capital consists of a team of 12 investment professionals with wideentrepreneurial experience located
6、 across offices in Amsterdam,London andDublin.For more information see and subscribe to ournewsletter.Olivier KesberAAman GheiPRadboud VlaarManaging PState of BusinessTechcovers 4 sectors of software that we focus on The key B2B SaaS markets including BusinessTech sectors Business Process Automation