SEP Makes Strategic Growth Investment in Springtime Technologies
Springtime Technologies can today announce that Scottish Equity Partners (SEP), a prestigious growth equity firm, has made a strategic growth investment in Springtime Technologies.
This partnership is a strong endorsement of the company’s vision and capabilities, and an exciting opportunity to accelerate AP innovation, enhance and expand internal operations, and deliver even greater service levels and value to customers.
Why This Strategic Investment Matters
For over 20 years, Springtime Technologies has been a trusted partner to global enterprises, providing advanced accounts payable automation solutions.
The flagship product, Invoicetrack, streamlines P2P processes through intelligent data extraction, AI-powered document matching and localized processing expertise – all seamlessly embedded into the platform.
The product’s core strength is focused on complex, global invoice processing, where large enterprises, specifically in heavy industries, such as manufacturing, life sciences and chemicals, need to process multi-line, multi-format and multilingual invoices. They typically operate in a shared service environment for finance and need to improve how they process millions of invoices per annum.
“SEP is a great fit for Springtime. Their strategic expertise and commitment to innovation in the enterprise SaaS field aligns perfectly with our goals of expanding our reach and enhancing our AI-capabilities to deliver an intuitive and marketing leading solution.”
Markus Hübl, CEO Springtime Technologies
What This Means for Customers
This investment ensures Springtime can continue to deliver the quality, reliability, and AI innovation to improve straight-through processing rates, cost efficiency and the strategic value Accounts Payable can bring to a global business.
With SEP’s backing, and close customer relationships, Springtime are well positioned to explore how further innovation across the P2P process can help customers achieve operational excellence, even as financial workflows become more complex.
For further details, please refer to the official announcement by Scottish Equity Partners.
About Springtime Technologies GmbH
Springtime Technologies, founded in 2004 and headquartered in Vienna, Austria revolutionizes Accounts Payable (AP) with AI-driven automation and touchless technology. Our mission is to empower finance teams with intelligent, user-friendly solutions that enhance control, scalability, compliance, and cost efficiency in complex global organisations.
Our flagship product, Invoicetrack, is built with an AI-first approach, enabling a fully autonomous AP function. It accelerates data extraction, matching, and invoice processing in over 75 countries. Trusted by Fortune 500 and global companies like Bosch, Takeda, Boehringer Ingelheim, and DHL, we lead touchless innovation, helping AP teams deliver greater strategic value.