Company Overview
Snapshot
Founded in January 2011 by Lior Wilczynski and Rami Gabai, Morning by Green Invoice is a Fintech & Insurtech company with 51–200 employees. The company has raised $20M across one funding round from one investor. In December 2024, Morning by Green Invoice was acquired by TeamSystem.
Business overview
Morning by Green Invoice develops Morning, a SaaS management platform designed to streamline business operations. The platform helps businesses manage client lists, items, expenses, and documents, enhancing efficiency through automated alerts, graphs, reports, and payment processing. Operating within the Fintech & Insurtech sector, the company serves SMBs, freelancers, and enterprises with solutions for invoicing, billing, and accounting.
Strategic signal
The acquisition of Morning by Green Invoice by TeamSystem in December 2024 for $150 million signals a significant consolidation within the fintech and business management software market. This exit validates the company's SaaS platform and its market position, indicating strong investor confidence in its technology and potential for broader market integration under a larger entity.
Company Intelligence Q&A
- What was a significant recent corporate development for Morning by Green Invoice?
- In December 2024, Morning by Green Invoice was acquired by TeamSystem for $150 million. This acquisition marks a major exit for the company.
- Who are the founders of Morning by Green Invoice?
- Morning by Green Invoice was co-founded by Lior Wilczynski, who serves as CEO, and Rami Gabai, the CTO.
- What is the primary focus of Morning by Green Invoice's platform?
- Morning by Green Invoice's platform, Morning, is a SaaS business management solution that helps companies manage invoicing, client lists, expenses, and documents, aiming to improve operational efficiency.
- When did Morning by Green Invoice secure its funding round?
- In February 2021, Morning by Green Invoice secured a $20 million funding round from Fortissimo Capital.
- What is the employee count for Morning by Green Invoice?
- Morning by Green Invoice has 51–200 employees.