MOGU completes a funding round of 2.2M euros to accelerate its growth

We have successfully completed a round of Funding of 2.2 million euros with the support of 4Founders, Athos Capital and Bynd Venture Capital.
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We will use the funds to accelerate the development of our product and expand in the United States, Spain and Mexico.

MOGU allows travel agencies to streamline every step of the sales and booking process, from creating proposals in record time to managing payments in a simple and efficient way.

The average MOGU user spends about two hours a day on the tool, where more than 5,000 proposals are already generated per month. The average customer's annualized sales conversion has improved by more than 20%.

Our CEO, Alberto Asuero, leaves us this message: “This injection of capital comes at a great time. Our customers are using the software more and more because they see tangible results. Now we can accelerate the development of the tool, we will be the first vertical SaaS of AI-driven tourism, and jump from supporting the current 300 agencies to our goal of 2,000 in 2027"

In addition, this round of funding coincides with the launch of the new version of the product full of surprises. It will allow customers to customize their budgets much more, create them in record time through dynamic templates and best of all, the tool will be ready to integrate all types of suppliers into the sector.

Three proven successful funds Have led the funding round:

‍4Founders Capital , specialized in technology startups, has invested in more than 65 companies since 2017, including Holded (acquired by Visma Group), Flanks, Securitize, THN and Embat. It is led by Jesús Monleon (SeedRocket), Marek Fodor (Atrapalo), Marc Badosa (Caixa Capital Risc) and Javier Pérez-Tenessa (eDreams).

‍Athos Capital, promotes digitalization in multiple sectors and manages more than 50 million in investments, including Lingokids, Genially and Unnax. It is led by Fernando Castiñeiras and Juan Filiberto Martínez.

‍Bynd Venture Capital, through its Fund III, is a venture capital firm focused on investing and supporting startups born in the Iberian Peninsula with a clear global vision and ambition. It currently has more than 35 portfolio companies, including Impress, Ukio and Reveni.

This is just the beginning. We continue!!