Centuro Global, a London, UK-based provider of an AI-powered platform that helps companies to expand overseas, raised £3.3M in funding.
Backers included Mercia.
The company intends to use the funds to further develop its platform and to more than double the size of its 16-strong team by the end of the year including a number of key management appointments.
Founded in 2020 and led by Asma Bashir and Zain Ali, Centuro Global is an AI powered SaaS platform that ensures a company’s global expansion needs are serviced compliantly in one place. With its platform, Centuro Connect, every step on the global expansion journey, from tax, legal, and immigration, to payroll and HR, are found in one system, allowing them to trade in any jurisdiction with easy and efficiency.
The platform covers over 150 different countries and provides a cost-effective alternative to using larger consultancy firms. Clients range from small businesses who need one-off advice to large corporates who use it on an ongoing basis to support their operations overseas.
Asma Bashir had previously founded and exited immigration service provider Newland Chase. Zain Ali is a lawyer who has advised multinationals including Apple, Nokia and Universal Music.
FinSMEs
28/04/2023