Why we invested in Aderis
Modern AI transforms accounting software markets
Working closely with our portfolio companies, we kept noticing the same pattern: there comes a stage when the initial accounting and ERP setup just isn't good enough anymore. Historically, the next step meant choosing from pre-2000 incumbents such as NetSuite or Microsoft Dynamics, systems that demanded quarters of implementation work and a hefty price tag just to get running, and once in place, still left little room to evolve or to integrate with modern AI-driven workflows.
Significant forces are now converging to open up the several-hundred-billion-dollar global market opportunity: legacy systems reaching end-of-life and forcing migration cycles, a structurally shrinking pool of accounting talent, and AI only recently becoming capable of automating core financial workflows with real accuracy. Europe alone represents a multi-billion euro opportunity, which is still expanding on the back of cloud adoption and rising regulatory complexity
At 3VC, we believe in next-generation ERP systems. The ERP of the future needs to be AI-native, modular, and API-first. We believe teams should be able to automate and apply agentic workflows while retaining traceability of every decision and booking made. It turns out Elian Kool CEO and Founder of Aderis shares the same vision.
We met Elian during one of our frequent forays into the Swiss startup ecosystem, while the company was still in stealth. An initial conversation turned into a product demo just a few hours later. We were impressed with Elian’s tech-savviness, leadership skills and the clarity of his vision. After successfully exiting Netcentric a few years ago, he took on a challenge to build an ERP system for a consumer company operating across several jurisdictions, entities and currencies, learning about the complexity involved. We believe Elian’s vision, experience, speed of execution coupled with his ability to hire and inspire top talent are key in a market that is contested by several well-funded players.
Unlike most other AI-native ERP players, Aderis focuses on addressing European medium to large enterprises from across industries. The first customers are active in the manufacturing, e-commerce, medtech and hospitality industries, to name a few. These customers have been impressed by Aderis’ ability to go live within days and the clear ROI.
We at 3VC are very happy to back Aderis and its team, as they build the European leader in the ERP category!
