Inclus is a Finnish software company whose SaaS solution supports enterprise risk management (ERM) in large organizations.

Inclus has a customer base of more than 50 companies, with a focus on large companies across various sectors, including listed companies in manufacturing and construction, as well as public-sector organizations. Approximately 20% of Inclus’s ARR comes from international customers. Inclus is based in Espoo.

Net sales

1,4 M€

Personnel

23

Share of ownership

48 %

Year of acquisition

2026

Why are we involved?

Panostaja supports Inclus’s growth strategy, which focuses on accelerating international growth and continuing strong growth in the domestic market. In the coming years, the company will focus particularly on the Northern European market, where it already has significant customer relationships. The long-term goal is to develop Inclus into one of Europe’s leading ERM solutions.

– The risk management software market is supported by strong growth drivers. Increased uncertainty in the global economy and rapid changes in the operating environment, together with regulatory and reporting requirements, are increasing the importance of the risk management function in organizations. I am impressed by how the company has been able to win major reference customers while developing its product at the forefront of AI development, says Heikki Tukiainen, Development Director at Panostaja.

Interested?