Osome raises $17M in Series B extension round featuring a mix of equity and debt funding

May 17, 2024•about 1 year ago

Amount Raised

$17 Million

Round Type

series b

Singapore

Investors

Burda Principal Investments

Description

Osome, a Singapore-based bookkeeping and accounting platform for small and medium enterprises, has secured $17 million in a Series B extension featuring a mix of equity and debt funding. Established in 2017, Osome serves over 13,000 SMEs across Singapore, Hong Kong, the UK, the Netherlands, the Philippines, and Malaysia. This latest round is an extension of a $25 million Series B fundraise from December 2022, adding to a total of $42 million.

Company Information

Company

Osome

Location

Singapore

About

We are Osome - an international fintech startup making the lives of entrepreneurs easier. Osome is the silent hero in the background helping over 11,000 businesses spend less time on routine admin and more time on changing the world for the better. We make use of machine learning and complex algorithms to build mobile and web products and automate accounting, tax, company formation, and other tasks. We have over 200 staff representing 15 nationalities, offices in Singapore (HQ), London, Hong Kong and Kuala Lumpur

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