Marosa has successfully completed a €12m investment round, marking its first external capital injection.
The funding was secured from Aquiline, a private investment firm with a strong focus on the financial services and technology sectors. This capital infusion will play a critical role in accelerating Marosa’s growth strategy.
Founded in 2016 by Pedro Pestana da Silva, Marosa specializes in delivering crucial VAT compliance technology and services designed for large multinational corporations facing VAT obligations across Europe.
The firm boasts a customer base of over 1,200 enterprises and eCommerce entities. Its premier product, VATify, is a cloud-based platform that provides comprehensive solutions encompassing e-invoicing, VAT registration, and reporting. Marosa also offers services tailored to meet the real-time reporting demands triggered by various EU regulatory requirements.
The investment from Aquiline will enable Marosa to intensify its product development, refine its market approach, and expand its operations internationally. This strategic funding comes at a time when Europe is witnessing significant regulatory transformations, such as mandatory e-invoicing and real-time reporting mandates, highlighting the growing necessity for digital VAT compliance solutions.
Positioned at the forefront of these developments, Marosa aims to assist multinational enterprises in staying ahead of these regulatory shifts by digitizing their e-invoicing and VAT processes.
Pedro Pestana da Silva, founder and CEO of Marosa, expressed his enthusiasm about the partnership, stating, “I am delighted to welcome Aquiline as our first external investor. Over time, we have built a trusted relationship with their team, and they truly understand our vision, technology, and the needs of our clients. With this investment, we are well prepared to accelerate our R&D, enhance our product offerings, and expand our reach in a complex and evolving market.”
Giovanni Nani, Principal at Aquiline, also shared his positive outlook on the collaboration, noting, “Since our first meeting in 2020 we have admired the software and services that Pedro and the Marosa team have been developing for their growing customer base in an increasingly complex regulatory environment. Aquiline has a strong track record of backing bootstrapped financial services and technology entrepreneurs. We are excited to partner with Marosa on its next phase of growth and support the team on its journey of becoming a pan-European VAT compliance and e-invoicing leader.”
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