Boopos raises $58M in Funding
Boopos, a Miami, FL-based acquisition financing platform, raised $58m in Series A and debt funding.
This new equity raise was led by Bonsai Partners with participation from Fasanara, Actyus, and K Fund, as well as previous investors.
The company will use the proceeds to scale its marketplace of pre-approved businesses for sale, in partnership with business brokers, to develop its proprietary underwriting model based on the analysis of both target businesses, enabled by merchant account connections, and buyers, powered by social footprinting and profiling technology.
Led by CEO and founder Juan Ignacio Garcia Braschi, Boopos operates a tech-enabled lending platform for acquiring small businesses, which is also fully integrated with brokers and business selling platforms that transact $3BN annually, from Empire Flippers, Quiet Light, and FE International, among many other advisory services, to marketplaces such as MicroAcquire and Flippa.
Boopos can pre-approve a business in 48h and fund in less than 7 days, without requesting a backup guarantee from the owner.
Boopos raises $58M in Funding. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
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