"Osome Raises $17M in Series B Funding to Drive Profitability and Enhance Product Offering"
Osome Raises US$17M in Series B Funding
Osome's Series B Funding
Key Highlights:
- Series B Funding: Osome, an online bookkeeping and accounting software provider, raised $17 million in Series B funding.
- Path to Profitability: Funds will be used to strengthen the balance sheet and accelerate the path to profitability.
- Investment Areas: Focus on product offerings, automation, artificial intelligence, marketing, customer service, and go-to-market efforts.
Osome's Target Market
- Target Market: Small and medium-sized businesses (SMBs) across various industries, with a specialization in E-commerce.
- Companies Seeking Bookkeeping and Accounting Solutions: Businesses looking for online solutions to automate administrative tasks and focus on growth.
- Global Reach: Serving customers in Singapore, Hong Kong, the UK, the Netherlands, the Philippines, and Malaysia.
What Osome Needs to Buy
- Technology and AI Solutions: Investing in technology and artificial intelligence to enhance automation and improve customer service.
- Marketing and Branding Services: Partnering with marketing agencies to expand brand presence and reach target customers.
- Customer Support and Service Tools: Tools and services to enhance customer support and provide efficient service to a growing customer base.