Prosperna, a Philippines-based online store builder seeking to empower MSMEs with simple and affordable e-commerce software received an offer for a $555,000 seed investment.

The round was led by local Investor Foxmont Capital Partners. Johnsen Global Business Ventures also joined the round, adding to DayOne Capital Ventures’ earlier investment in the startup.

The company will use part of the new funds to expand its offerings, as it aims to have 100,000 small businesses on its platform in the future.

Company: Prosperna Philippines Inc.

Raised: $555.0K

Round: Second Seed Round

Funding Month: August 2021

Lead Investors: Foxmont Capital Partners

Additional Investors:

Company Website: https://www.prosperna.com/

Software Category: e-commerce

About the Company: Founded in 2016, Prosperna is the leading eCommerce platform for SMEs in the Philippines, that provides a SaaS platform with everything an SME needs to market, sell, accept online payments and fulfill their products and services. Prosperna allows micro, small, and medium-sized enterprises to set up online shops using its ecommerce software. It also works with other ecommerce platforms like Lazada and Shopee, letting sellers accept digital payments or offer cash on delivery for buyers while automatically booking shipping for merchants’ products.

Source: https://www.techinasia.com/filipino-ecommerce-startup-prosperna-raises-555k-2nd-seed