Beppo secures pre-seed funding led by Wavemaker Partners to acquire JuanTax and five bookkeeping firms
May 29, 2024•about 1 year ago
Round Type
seed
Investors
Undisclosed Angel InvestorsWavemaker Partners
Description
Beppo has raised an undisclosed sum in a pre-seed funding round led by Wavemaker Partners, enabling the acquisition of JuanTax, an online tax platform accredited by the Bureau of Internal Revenue in the Philippines, as well as five local bookkeeping firms. The funding will also support Beppo's plans to expand its presence in the Philippines by forming partnerships with other similar service providers.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers