vCita, a business management service for small businesses, has bagged $15m in a funding round led by Forestay Capital.
With the capital injection, the company is looking to further growth in the global market, establish more strategic partnerships, and boost its product development.
Founded in 2010, the company offers a variety of cloud-based solutions which help small teams manage their operations from a single app. Its services are currently used by 100,000 clients around the world, using their centralised dashboard to manage their schedule, issue invoices and quotes, track and collect payments, and manage client data.
Clients can leverage the technology to create estimates, invoices and receipts which can accept digital payments via credit card or PayPal.
vCita CEO and co-founder Itzik Levy said, “Our vision is to change the way small businesses manage and engage with their clients. Our solution empowers business owners to manage their scheduling, payments and marketing with confidence and ease. It enables them to provide great service to their clients. Thanks to Forestay’s investment we’ll be able to grow vCita into the leading go-to solution for every small, service-based business.”
Last year, Forestay Capital led co-led the $16.5m Series B funding round of Canadian payments startup Mobeewave. The mobile payments company designs mobile payment solutions which can support contactless payments.
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