Boopos, a Miami, FL-based acquisition financing platform, raised $58m in Series A and debt funding.
This new equity raise was led by Bonsai Partners with participation from Fasanara, Actyus, and K Fund, as well as previous investors.
The company will use the proceeds to scale its marketplace of pre-approved businesses for sale, in partnership with business brokers, to develop its proprietary underwriting model based on the analysis of both target businesses, enabled by merchant account connections, and buyers, powered by social footprinting and profiling technology.
Led by CEO and founder Juan Ignacio Garcia Braschi, Boopos operates a tech-enabled lending platform for acquiring small businesses, which is also fully integrated with brokers and business selling platforms that transact $3BN annually, from Empire Flippers, Quiet Light, and FE International, among many other advisory services, to marketplaces such as MicroAcquire and Flippa.
Boopos can pre-approve a business in 48h and fund in less than 7 days, without requesting a backup guarantee from the owner.
Boopos raises $58M in Funding. Congratulations to the entire team. I wish you great success in this endeavour.
Shishir Gupta, Founder and CEO, StartupLanes
Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.
If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.
You can subscribe to our news posts by entering your email in the box on the right side of this page.
Check out our YouTube channel for insightful content from the Indian startup ecosystem.
Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.
The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.
Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to ashu@startuplanes.com