Osome, a Singapore-based online bookkeeping and accounting software provider, recently secured $17M in Series B funding.
Investors
The funding round involved contributions from both new and existing investors, in the form of equity and debt.
Use of funds
The company plans to utilize the funds to bolster our balance sheet and expedite our journey towards profitability. They will continue to invest in enhancing our product offerings, with a particular focus on advancing automation and artificial intelligence (AI) capabilities to better serve our customers. Additionally, they will allocate resources towards marketing, customer service, and accelerating our go-to-market initiatives.
About Osome
Osome is an online bookkeeping and accounting company led by Victor Lysenko, CEO, Konstantin Lange, COO, and CTO Anton Roslov. They specialize in automating administrative tasks so that companies can prioritize business growth. They have expertise in a wide range of industries, with a particular focus on E-commerce businesses.
Osome has experienced significant commercial growth, catering to more than 13,000 small and medium-sized business (SMB) customers and employing a workforce of over 400 individuals across various locations including Singapore, Hong Kong, the UK, the Netherlands, the Philippines, and Malaysia.
