Total Funding
35
42
Total FundingSeed raised
Growth Score
-3 pts
Heat Score
3 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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149242
Facturama develops web technology and simplifies a company's billing process through consolidating receipts and reports.
About the Company
Problem:
. In México 65% of small businesses disappear within 2 years of founding due to inadequate fiscal administration.
Solution/ Product
. Facturama, online platform to help professionals and microenterprises maintain better control of their finances through electronic invoice management and other organizational services.
Market
. According to SAT (Mexican Tax Administration Service), the electronic invoice market is worth about $3 billion dollars annually and Forbes reported 250% growth from 2013 – 2014 due to the government mandate that all invoices must be delivered electronically.
. There are more than 36 million taxpayers in Mexico.
