Series D Boosts Omie’s Valuation and Expansion Plans
Omie, one of Brazil’s leading cloud-based management platforms for small and medium-sized enterprises (SMEs), has closed a $150 million Series D funding round , marking the largest investment of the year in the national startup ecosystem. The round was led by Swiss fund Partners Group, which acquired 15% of the company for $100 million, valuing Omie at $700 million . Previous investors, including SoftBankDealroom has a profile for this one. Try Dealroom →, RiverwoodDealroom has a profile for this one. Try Dealroom →, and AstellaDealroom has a profile for this one. Try Dealroom →, partially exited but remain on the cap table.
Founded in 2013 by Marcelo LombardoDealroom has a profile for this one. Try Dealroom →, Omie provides an integrated ERP system combined with financial services such as a native digital account and credit solutions. Its platform aims to replace traditional tools like Excel and paper-based processes, helping SMEs streamline administration and improve operational efficiency.
The new funding will be used to accelerate growth, including investments in artificial intelligence and new user interfaces, such as integrating its ERP system with WhatsApp. Omie aims to reach $1 billion in annual recurring revenue and 1 million customers by 2031. Currently, the company serves around 180,000 clients and generates an estimated R$600 million in annual recurring revenue.
This milestone highlights the ongoing digitalization of SMEs in Brazil , a market with substantial growth potential that remains relatively untapped compared to other countries.
Source:
A.M.
