Monday, June 21, 2021

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Osome: Raises $16M in Series A Funding

Osome Raises $16M in Series A Funding

  • Osome, a Singapore-based app that digitizes accounting and compliance services for SMEs, raised $16M in Series A funding
  • Backers included Target Global, AltaIR Capital, Phystech Ventures, S16VC, and Peng T. Ong
  • The company intends to use the funds to expand its presence internationally, as well as to accelerate product integrations
  • The platform categorises, tags, and stores any documents users send to them and then creates management reports, tax returns
  • The company has over 6,000 customers in Singapore, Hong Kong and the UK and plans to launch more specific products and apps in the near future
  • Currently Osome has 5 offices in Singapore, the UK, Hong Kong and other countries with over 250 employees of 15 nationalities in total

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