Brazilian startup BOND raised a $2M round led by Propel Venture Partners, with participation from Kiara Capital, Norte Ventures, Hypersphere, and Patrick Sigrist.
BOND aims to modernize accounting for small and medium-sized enterprises (SMEs). It uses AI to automate core processes while keeping human accountants in the loop.
With the funds, BOND will improve its product, expand automation, and grow through both organic expansion and acquisitions. As part of this strategy, BOND plans to acquire client portfolios from traditional accounting firms.
Founded by Matheus Oliveira, an early employee at Loft and later founder of FW Capital, and Gabriel Jordão, who spent 14 years at JusBrasil, where he worked as a programmer and later became chief product officer, BOND currently serves 10 clients in its beta phase and is preparing for a broader commercial launch.
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