Marosa Secures €12 Million in Funding
Marosa, a Vigo, Spain-based provider of VAT compliance and e-invoicing technology solutions, has secured a €12 million investment.
The funding was from Aquiline, a private investment firm based in New York, London, and Philadelphia, focused on financial services and technology. As of September 30, 2024, Aquiline manages approximately $11.3 billion in assets and has deployed about $7.0 billion across its three strategies in private equity, venture, and credit.
The company will use the funding to accelerate growth, expand its software offerings, and fuel international expansion.
Founded in 2016 by Pedro Pestana da Silva, Marosa provides fully integrated VAT compliance and e-invoicing technology solutions to enterprise and eCommerce clients across Europe. Headquartered in Vigo, Spain, Marosa's flagship software, VATify, centralizes e-invoicing, VAT registration, and reporting and automates communication with tax authorities. Marosa serves over 1,200 large enterprise and eCommerce clients across Europe through its VATify platform.
Funding Details
Company: Marosa Ltd.
Raised: €12.0M
Round: Unknown
Funding Date: November 2024
Investor: Aquiline
Company Website: https://marosavat.com/
Software Category: VAT Compliance and E-Invoicing Solutions