Osome has raised $50.0M in total across 5 funding rounds.
Osome's investors include Illuminate Financial Management, Altair Capital Management, Coughdrop Capital, Innovation Endeavors, IVP, Meritech Capital Partners, Phenomen Ventures, QED Investors, Recursive Ventures, Sequoia Capital, Sommet AB, Target Global.
Osome is an AI-enabled business management platform that provides online company incorporation, accounting, corporate secretarial services, and payroll management primarily for small- and medium-sized enterprises (SMEs).[1][2][3] It blends intuitive digital tools with expert local guidance to reduce administrative burdens, allowing founders to focus on growth; the platform has supported over 30,000 companies, processed 5 million financial documents, and generated over 100,000 months of financial reporting across Singapore, Hong Kong, the UK, and the UAE.[1][4] Osome serves entrepreneurs and SMEs in key financial hubs, solving tedious back-office tasks like bookkeeping, tax filing, and compliance through AI automation and human expertise, with strong growth evidenced by $66M in total funding, profitability achieved in Q4 2024, and recognition as a top Singapore fintech in 2026.[1][2][4][6]
Osome was founded in January 2017 in Singapore by CEO Victor Lysenko and COO Konstantin Lange, targeting SMEs burdened by administrative routines in accounting and compliance.[2][3][4][6] The idea emerged to digitize these "annoying, tedious yet mission-critical" back-office operations using AI and automation, starting with services like business registration, record-keeping, and payroll.[2][3] Early traction built quickly, with expansion to Hong Kong and the UK, a $16M Series A in 2021 for global growth, followed by additional raises totaling $66M (including a $17M debt round about a year ago), and recent milestones like UAE entry in October 2025 and Q4 2024 profitability.[1][2][3][4][6]
Osome rides the fintech wave of AI-driven automation for SME back-office functions, capitalizing on digital transformation in emerging markets like Singapore and the UAE amid rising entrepreneurship.[1][4] Timing aligns with post-pandemic SME growth and regulatory demands in Asia-Middle East hubs, where administrative burdens stifle founders; market forces like AI adoption in accounting (e.g., competitors like Counto, Xero) favor Osome's hybrid approach.[1][2][6] It influences the ecosystem by partnering with accelerators and fintechs, enabling faster scaling for startups while processing massive document volumes to build data-driven insights.[1]
Osome's profitability, UAE expansion, and 2026 fintech accolade position it for accelerated growth in AI-enhanced business management, potentially doubling clients as SME digitization surges.[1][4][6] Trends like deeper AI integrations for predictive analytics and further hub expansions (e.g., more MENA or Europe) will shape its path, evolving its influence from service provider to ecosystem enabler for global founders.[1][2] This builds on its core strength—freeing entrepreneurs from admin to drive innovation—solidifying Osome as a leader in scalable, expert-backed fintech tools.[1][4]
Osome has raised $50.0M across 5 funding rounds. Most recently, it raised $25.0M Series B in December 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2022 | $25.0M Series B | Illuminate Financial Management | |
| Jun 1, 2021 | $16.0M Series A | Altair Capital Management, Coughdrop Capital, Innovation Endeavors, IVP, Meritech Capital Partners, Phenomen Ventures, QED Investors, Recursive Ventures, Sequoia Capital, Sommet AB, Target Global, TomorrowVentures, Volition Capital, Chris Bishko, Ron Suber | |
| Nov 1, 2020 | $3.0M Seed | Altair Capital Management, Coughdrop Capital, Recursive Ventures, Sommet AB | |
| Nov 1, 2019 | $4.0M Seed | Innovation Endeavors, IVP, Meritech Capital Partners, Phenomen Ventures, QED Investors, Sequoia Capital, Target Global, TomorrowVentures, Volition Capital, Chris Bishko, Ron Suber | |
| Dec 1, 2018 | $2.0M Seed | Innovation Endeavors, IVP, Meritech Capital Partners, Phenomen Ventures, QED Investors, Sequoia Capital, Target Global, TomorrowVentures, Volition Capital, Chris Bishko, Ron Suber |
