Aiming to build the world’s largest B2B Cloud Services Platform
Internet Corp is aiming to build the world’s largest B2B Cloud Services Platform, relying mostly on a roll-up strategy to consolidate the currently fragmented market present in the EU.
Founded by two experienced entrepreneurs and industry veterans, Internet Corp is relying on the tailwinds of a continuing shift towards reliance on the cloud, value adding cloud services are being adopted further and faster in to the running of businesses.
Not withstanding this favourable market shift, the fact that the market for cloud service providers is fragmented means that a lot of providers are being operated sub-optimally and synergies are not being taken advantage of. Through years of experience, the founders of Internet Corp have developed a unique set of standardized M&A skills and processes that allow them to source, acquire and integrate synergistic cloud businesses in a fast, repeatable and scalable way. ACT is an early investor in Internet Corp, helping to provide the initial capital required to execute the strategy.
AutoEntry uses artificial intelligence to locate and extract header, line item and tax summary data from invoices, receipts, credit notes, sales and purchase orders
The ACT Fund invested in Internet Corp is supported by the European Investment Fund.