Morning by Green Invoice

SaaS Platform for Invoicing and Business Management

Fintech & Insurtech
Acquired by TeamSystem on Dec, 2024
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Company Overview

Snapshot

Founded in January 2011 by Lior Wilczynski and Rami Gabai, Morning by Green Invoice operates with 51–200 employees. The company raised $20 million across one funding round from one investor. A significant milestone for the company was its acquisition by TeamSystem in December 2024.

Business overview

Morning by Green Invoice develops Morning, a SaaS management platform designed to optimize business operations. The platform enables users to efficiently manage client lists, items, expenses, and documents, while enhancing productivity through automated features like alerts, graphs, reports, and payment processing. The company primarily serves businesses, freelancers, and SMBs in the Israeli market, operating within the Fintech & Insurtech sector.

Strategic signal

Morning by Green Invoice was acquired by TeamSystem in December 2024 for an estimated $150 million, marking a significant exit for the Israeli fintech company. This acquisition highlights the growing interest of international players in the Israeli fintech ecosystem and validates Morning's business model and market position in SaaS-based invoicing and business management solutions.

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Company Intelligence Q&A

When was Morning by Green Invoice acquired?
Morning by Green Invoice was acquired by TeamSystem in December 2024.
Who founded Morning by Green Invoice?
Morning by Green Invoice was founded by Lior Wilczynski and Rami Gabai in January 2011.
What is the primary focus of Morning by Green Invoice's platform?
Morning by Green Invoice's platform, Morning, focuses on providing SaaS-based business management tools for invoicing, client list management, expense tracking, and document handling, with features like automated alerts and payment processing.
What was the last disclosed funding round for Morning by Green Invoice?
In February 2021, Morning by Green Invoice raised $20 million from Fortissimo Capital.
What is the employee count for Morning by Green Invoice?
Morning by Green Invoice has 51–200 employees.
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