Marosa funding news – Spain-based Marosa Raises €12 Million in Funding

Based in Vigo, Spain, it's main product, VATify, simplifies e-invoicing, VAT registration, and tax reporting. It also automates communication with tax authorities.

Funding Utilisation

The new investment will help Marosa speed up product development, improve its market strategy, and expand internationally, especially as new tax regulations in Europe are driving demand for digital VAT solutions.

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It currently serves over 1,200 business customers across Europe. New rules, like mandatory e-invoicing and real-time reporting, are increasing the need for digital tools to manage VAT compliance.

Pedro Pestana da Silva, Founder and CEO of Marosa, commented: "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, added: "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."

About Marosa

Marosa provides tech-based services, software solutions, and VAT consulting. Their software, VATify, helps businesses manage all VAT registrations, submit returns, and communicate with tax authorities automatically.