What is Osome?
Launched in January 2017, Osome offers a comprehensive suite of online services designed to simplify operations for small and medium-sized enterprises. Its offerings include online accounting, business registration, corporate secretary services, and payroll management. The platform leverages automation tools and artificial intelligence to enhance response times, improve accuracy, and reduce costs for its clients. Osome has established a market presence in key regions including Singapore, the United Kingdom, and Hong Kong, positioning itself as a vital partner for businesses seeking efficient and cost-effective management solutions.
How much funding has Osome raised?
Osome has raised a total of $64M across 5 funding rounds:
Other Financing Round
$3M
Other Financing Round
$3M
Series A
$16M
Other Financing Round
$25M
Series B
$17M
Other Financing Round (2019): $3M with participation from Phystech Venture, Target Global, and Adfirst
Other Financing Round (2020): $3M led by XA Network and AltaIR Capital
Series A (2021): $16M supported by Target Global, AltaIR Capital, S16VC, Peng T. Ong, and Phystech Ventures
Other Financing Round (2022): $25M featuring Winter Capital, AFG Partners, and Illuminate Financial
Series B (2024): $17M, investors not publicly disclosed
Key Investors in Osome
Winter Capital
Winter Capital is an international growth markets investment firm focusing on consumer industries going through technology-enabled change, with a particular interest in EduTech, FinTech, HealthTech, and RetailTech in South & South-East Asia and the Middle East.
Target Global
Target Global is a leading pan-European technology investment firm with over 3 billion in assets under management, investing in companies across all stages of their lifecycle, from pre-seed to pre-IPO, with a strong portfolio in European tech.
AltaIR Capital
AltaIR Capital specializes in accredited business valuation reporting and transaction advisory services, including mergers, acquisitions, and divestments, serving clients across Canada and the US.
What's next for Osome?
The recent major strategic investment signals a new phase of growth and development for Osome. With substantial capital backing, the company is poised to further enhance its AI-driven platform, expand its service offerings, and potentially broaden its geographical reach. This infusion of capital is likely to accelerate its mission to digitize and automate business administration for SMEs, reinforcing its competitive edge in a rapidly evolving market. The company's focus on technology-enabled solutions suggests a continued emphasis on innovation and scalability.
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