Tech Company Financing Transactions
Pemo Funding Round
Pemo, based in Dubai, secured $12 million from Cherry Ventures, Shorooq Partners and Antler.
Transaction Overview
Company Name
Announced On
5/26/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Cherry Ventures (Lead Investor)
Shorooq Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Dubai, Undisclosed
United Arab Emirates
Dubai, Undisclosed
United Arab Emirates
Phone
Website
Email Address
Overview
Pemo packs every invoice, every expense, every approval and every spending decision into one powerful platform. Pemo is specifically designed to empower business owners with total control of their finances, at any point in time, autonomously and quickly.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/26/2022: Learnfully venture capital transaction
Next: 5/26/2022: Bold Metrics venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs