URBO Studio, a Sofia, Bulguria-based B2B SaaS company specializing in digitizing service businesses, raised €1.2 million in funding.

SaaS Investors

The investments came from Capital Investments VC. 

Capital Investments VC is a part of the Bulgarian Development Bank Group. Based in Sofia, Bulgaria, Capital Investments was established with the aim of providing growth equity to Bulgarian SMEs.

URBO Studio Use of Funds

The investment will help URBO Studio expand into new markets across the CEE and the Middle East.

About URBO Studio

URBO Studio is a software company that provides technological solutions for booking, management, online and offline sales of services in the creative and recreational sectors. The company offers software tools to assist businesses with marketing, sales, and customer engagement, including features such as Viber Business Messaging, Viber ChatBot, SMS API, email client integration, social network integration, and various payment and credit provider options. URBO Studio also collaborates with government entities through business-to-government (B2G) partnerships to enhance public services in the tourism industry.

Funding Details

Company: URBO Studio

Raised: €1.2M

Round: Unknown 

Funding Month: September 2023

Lead Investors: Capital Investments VC

Additional Investors:

Company Website: https://urbostudio.com/ 

Software Category: Technological Solutions for Management, Online Reservations, and Sales of Creative and Recreational Services

Source: https://ain.capital/2023/09/14/bulgarian-urbo-studio-raises-1-2m/