Visma Sirius, a provider of software solutions for the real estate sector, has expanded its operations by acquiring Kodia Oy, a Joensuu-based real estate software company. The acquisition was completed on October 1, 2025.
With the acquisition, Visma Sirius strengthens its position as a leading provider of comprehensive property management solutions. Kodia is particularly well known for its enterprise resource planning system designed for rental and property management needs. The company has grown rapidly and received excellent feedback from customers for its modern user experience.
“Our goal is to accelerate the digitalisation of the real estate industry. Kodia’s modern technology complements our product portfolio perfectly and strengthens the role of AI-powered services in our customers’ daily operations,” says Miia Vanninen, CEO of Visma Sirius.
Visma Sirius is the market leader in property management software with its Tampuuri solution, which is used by more than 350 customers for a wide range of property management needs. Kodia’s system provides a modern and flexible alternative that serves various scales of operations. Together, the companies can offer solutions for the entire market — from private landlords to large real estate companies.
Kodia’s CEO Heikki Kärki sees the acquisition as an opportunity to accelerate development:
“From the very beginning, we have built our system based on the needs of our customers and have earned both a strong market position and our clients’ trust. Visma Sirius brings us the resources and investment power to meet expectations even better and accelerate product development,” Kärki says.
Combining the strengths of both companies
The digitalisation of the real estate sector has accelerated significantly in recent years. Urbanisation, the growing demand for flexible workspaces, and the increasing popularity of rental housing are creating strong demand for software that enhances property management and makes tenants’ lives easier.
“The acquisition is part of our growth strategy, through which we aim to offer the most comprehensive and modern solutions on the market. Together, Visma Sirius and Kodia will enable our customers to manage properties and rentals even more efficiently — powered by artificial intelligence,” Vanninen explains.
The acquisition also brings together two company cultures.
“We cannot assume that the culture of a larger company automatically takes the lead. We must be able to combine the strengths of both organisations. We have a track record of successful integrations in previous acquisitions, and ensuring a smooth and fair employee experience remains a top priority,” Vanninen adds.
Kari Pulkkinen, Fund Manager of Start Up Fund Joensuu, administered by Business Joensuu, welcomes Kodia’s success and the completion of the acquisition:
“We have been involved in Kodia’s growth from its earliest stages, and it has been a pleasure to see the company evolve into a significant player in its field. Becoming part of Visma Sirius provides excellent conditions to continue this growth story. From the fund’s perspective, this is a great success — it reinforces our mission to support promising growth companies and accelerate their journey towards international success.”
Start Up Fund Joensuu participated in Kodia’s funding round in 2022 by investing €100,000 in the company. The purpose of the investment was to support Kodia’s efforts to digitalise the rental and property market and to accelerate its growth towards international operations. Kodia’s strong leadership in mobile technology, compared to its competitors, further strengthened the investment decision.
Further information:
Miia Vanninen, CEO, Visma Sirius Oy, +358 40 342 4553
Heikki Kärki, CEO, Kodia Oy, +358 50 574 8830
Kodia Oy
Turnover: €0.821 million
Employees: 18
Customers: over 100
Visma Sirius
Turnover: €53 million
Employees: 160
Customers: 1,200
Visma
Visma is a leading provider of mission-critical business software for SMEs and the public sector, with a turnover of €2.8 billion in 2024. The group employs 17,500 people and serves 2.1 million customers across Europe and Latin America. We help society harness the potential of digitalisation and AI by developing solutions that simplify and automate complex processes, enabling our customers to work more efficiently.
In Finland, 1,500 Visma experts help customers streamline their business operations. www.visma.fi
Source: Visma press release, 7 October 2025, supplemented with additional information and comments from Start Up Fund Joensuu, managed by Business Joensuu, and Fund Manager Kari Pulkkinen.