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Suma Secures Follow-On Investment From Riverwood Capital

May 13, 2021•about 4 years ago
London

Description

SUMA SaaS Holdings ("SUMA"), the leading SMB financial management SaaS provider in Spanish-speaking Latin America, has announced a follow-on growth investment from Riverwood Capital, a US-based growth stage technology investment firm. During the past five years, SUMA has invested more than USD 30 million in organic and inorganic initiatives in order to build the best financial management software and accounting platform for SMBs in the region.

Company Information

Company

Suma

Location

London, Ontario, Canada

About

About SUMA With more than 100,000 small businesses already supported, SUMA has become Spanish Speaking Latin America's largest and fastest-growing financial management automation platform. Developed for the unique administrative and regulatory requirements of entrepreneurs and small business owners, SUMA simplifies and automates critical business tasks such as accounting, payroll, and electronic invoicing. SUMA's platform allows customers to easily integrate their business information with various counterparties in the ecosystem: customers, suppliers, employees, banks, accountants, regulatory agencies, and sources of potential financing via a simple, easy-to-use, intuitive user interface and world-class customer service. For more information, please visit www.sumasaas.com

FundzWatch™ Score

88
Medium Activity

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