Marosa Attracts Significant Investment for Growth
Marosa 2024 S.L. is excited to announce a transformative investment of €12 million from Aquiline, a prominent private investment firm. This funding is poised to empower Marosa, a leader in VAT compliance and e-invoicing technology, to rapidly expand its services and solidify its position in the market.
A Deep Dive into Marosa’s Capabilities
Founded in 2016, Marosa stands out as a tech-enabled provider focused on fulfilling the VAT compliance needs of large multinational businesses. With an impressive portfolio of over 1,200 clients including top enterprises and eCommerce platforms, Marosa's state-of-the-art software known as VATify centralizes crucial processes like VAT registration and reporting. This innovative cloud-based solution ensures that businesses can efficiently manage their VAT obligations across multiple jurisdictions in Europe.
Enhancing the Product Offering
The infusion of capital from Aquiline will play a vital role in accelerating Marosa's product development and market strategies. This growth strategy is particularly important given recent regulatory shifts across Europe that require companies to comply with e-invoicing and real-time reporting mandates. By leveraging this investment, Marosa aims to enhance its range of compliance software, ensuring that it remains at the forefront of the industry.
CEO Insight on Future Plans
Pedro Pestana da Silva, the visionary Founder and CEO of Marosa, expressed enthusiasm about the partnership with Aquiline. He stated, "We have developed a trusted relationship with Aquiline, who understands our vision and the unique challenges facing our clients. This investment will allow us to amplify our research and development efforts, refine our product offerings, and expand our footprint in the international market."
Partnership with Aquiline
Giovanni Nani, a Principal at Aquiline, commended the growth and innovation Marosa has achieved since their first meeting. He remarked, "Aquiline has a strong history of supporting technology entrepreneurs. We're thrilled to partner with Marosa as it transitions into the next phase of its growth strategy and aims to become a leader in the VAT compliance space across Europe."
Marosa's Vision for the Future
Equipped with this new investment, Marosa is poised to capitalize on new regulatory developments that continue to reshape the VAT compliance landscape. The company's robust digital solutions will not only help enterprises comply with complex tax requirements but also streamline their operational processes, allowing them to focus on core business activities.
About Marosa
Marosa is dedicated to providing fully integrated VAT compliance solutions to a diverse range of enterprise and eCommerce clients across Europe. With headquarters in Vigo, Spain, Marosa's flagship product, VATify, automates VAT registration, reporting, and communication with tax authorities, ensuring that clients can effortlessly adapt to evolving regulatory requirements.
About Aquiline
Aquiline Capital Partners, based in New York, London, and Philadelphia, is a private investment firm that specializes in financial services technology. With approximately $11.3 billion in assets under management, Aquiline has effectively deployed billions of dollars across various investment strategies, including private equity and venture capital.
Frequently Asked Questions
What is Marosa's primary focus?
Marosa focuses on providing VAT compliance and e-invoicing technology solutions for large multinational businesses.
How much did Marosa secure from Aquiline?
Marosa secured a €12 million investment from Aquiline to support its growth and expansion plans.
What is VATify?
VATify is Marosa's flagship software that centralizes VAT registration and reporting, streamlining e-invoicing processes for clients.
Who is leading Marosa?
Pedro Pestana da Silva is the Founder and CEO of Marosa, leading the company's strategic vision.
What does Aquiline specialize in?
Aquiline specializes in financial services and technology investments, focusing on companies in growth stages, like Marosa.
