News and Announcements
Mosaic generated tremendous growth across its key SE Asia markets in 2019, culminating in a capital raise of US$1 MM in Q4
- Published December 16, 2019 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Key Takeaways:
- Raised US $1MM;
- Increased customer base by 3x since Dec’18;
- Doubled annual revenue
Mosaic Solutions had a tremendous 2019, culminating in raising an additional US$1 million in Q4. This increases the total amount raised to date to almost US$3 million. We launched our full product suite into the market, with an updated version of Analytics, in Q1…and have driven great customer growth since that point.
We tripled our customer base in 2019 (vs 2018) and will double annual revenue. As importantly, we are well-positioned for continued (and accelerated) growth in 2020 in our key markets across SE Asia.
About Mosaic Solutions
Mosaic Solutions is a leading provider of profit optimization solutions designed specifically for the hospitality industry. The suite of products includes data analytics, inventory management, point of sale and purchasing system. Mosaic Solutions is offered across Asia, and globally on an outsourced or reseller basis, and is headquartered in Manila, Philippines.
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