Marosa, a leading accounting SaaS company specializing in VAT compliance and e-invoicing solutions, has secured a significant €12 million investment from private investment firm Aquiline. This marks the first external funding raise for the company, which is poised to leverage the funds to accelerate its product development and expand its services across Europe and beyond.

The Vision Behind Marosa's Growth

Founded in 2016 and headquartered in Vigo, Spain, Marosa has quickly emerged as a trusted partner for multinational businesses seeking to navigate the complex landscape of VAT compliance. The company’s flagship solution, VATify, centralizes a range of critical compliance functions, including e-invoicing, VAT registration, and real-time reporting. These features are designed to simplify VAT processes for businesses operating across multiple European markets, particularly in light of ongoing regulatory changes.

Marosa has already gained significant traction with over 1,200 enterprise customers across Europe. The company’s services are particularly timely given the growing trend of mandatory e-invoicing and real-time VAT reporting regulations, which are becoming increasingly widespread across the EU. These changes are driving the demand for digital solutions that can streamline VAT processes and ensure that businesses remain compliant.

Pedro Pestana da Silva, Founder and CEO of Marosa, emphasized the importance of this investment for the company’s next phase of growth. "I am delighted to welcome Aquiline as our first external investor. Over the years, 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."

A Strong Partnership with Aquiline

Aquiline, a private investment firm known for its focus on financial services and technology, has a history of backing bootstrapped companies with a strong potential for growth. Giovanni Nani, Principal at Aquiline, highlighted Marosa’s impressive trajectory and the alignment of the company’s mission with Aquiline’s investment strategy. “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.”

The strategic investment will enable Marosa to expand its suite of compliance tools and further develop its VATify platform. These enhancements will better serve the needs of Marosa’s existing customer base while also opening new opportunities in untapped markets. In particular, the company is looking to strengthen its go-to-market approach and expand its presence in key regions across Europe.

Expanding Digital VAT Solutions in a Growing Market

The demand for digital VAT compliance solutions has surged in recent years as governments across Europe implement tighter regulations aimed at increasing transparency and reducing fraud. These regulatory shifts have created a clear market opportunity for companies like Marosa, which offer innovative, automated tools that can handle complex tax reporting and e-invoicing processes.

Marosa’s platform is uniquely positioned to meet this demand. Its ability to centralize multiple VAT-related processes and facilitate communication between businesses and tax authorities gives it a distinct advantage in a highly regulated market. Furthermore, VATify’s real-time reporting capabilities ensure that businesses remain compliant with ever-changing tax laws, reducing the risk of costly penalties.

The €12 million investment will be pivotal in enabling Marosa to capitalize on the growing need for digital VAT solutions. With Aquiline’s backing, Marosa plans to enhance its software and expand its team, focusing on both product development and international expansion. The company’s leadership sees this as an important step toward solidifying its position as a key player in the digital compliance space.

Looking Toward the Future

With the support of Aquiline, Marosa is well-positioned to take its operations to the next level. The company aims to continue innovating in the field of VAT compliance and e-invoicing, delivering solutions that simplify the tax compliance process for multinational businesses. As European regulations evolve and demand for automated compliance solutions continues to rise, Marosa’s growth trajectory seems poised for success.

As Marosa continues to grow, its expansion into new markets will further enhance its ability to meet the needs of businesses navigating increasingly complex VAT laws. This €12 million investment from Aquiline represents a strong vote of confidence in Marosa’s business model and its potential to become a leader in the digital VAT compliance sector.

Marosa’s successful €12 million funding round is a significant milestone for the company, marking the beginning of an exciting chapter in its growth story. With Aquiline’s investment, Marosa is set to accelerate its product development and expand its presence across Europe, meeting the growing demand for digital VAT compliance solutions. As regulatory pressures continue to increase across the continent, Marosa’s technology and expertise will be invaluable to businesses seeking to stay ahead of the curve. This strategic partnership positions Marosa as a key player in the evolving world of tax compliance technology, and the company is well on its way to achieving its goal of becoming a pan-European leader in the space.