Boopos, a Miami, FL-based company operating a platform that provides M&A financing facilities for individuals to become business owners, raised $30m in a combined debt and equity Seed financing.
The seed round was led by Fasanara, with participation from Zubi Capital and early backers The Venture City, Plug and Play Tech Center, K Fund and FJ Labs, as well as angel investors Eduardo Vilar, SVP Merchant Solutions at Affirm, Juan de Antonio, CEO and founder of Cabify, and private equity and corporate executives.
The company intends to use the funds to expand operations and its business reach.
Formed in late 2020 by Juan Ignacio Garcia Braschi, CEO, Boopos operates a lending platform that offers flexible financing for business acquisitions and growth. This model allows anyone to buy a company through a 100% automated process that can be completed in under 48 hours. Furthermore, the company works with business brokers to pre-approve their listings, thereby enabling them to close a sale in under 45 days.
So far, Boopos has backed businesses like Gigalixir or Amazon brand operators like Telos Brands.
FinSMEs
02/02/2022