LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • #changetheratio
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • #changetheratio
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Accel-KKR Invests in Colombian Software Company Siigo

September 27, 2017
Ricardo Ortiz Siigo Accel-KKR LAVCA Venture Investors

Technology-focused investment firm Accel-KKR made an undisclosed investment in Siigo, an accounting and administrative software provider for SMEs based in Colombia.

(Press Release) Siigo, the leading provider of Accounting and Administrative Software for small and medium-sized companies in Colombia, announced today that it has secured a substantial investment from Accel-KKR, a leading Silicon Valley technology focused investment firm.

The investment from Accel-KKR combined with expertise will allow Siigo to accelerate product innovation and further its leadership position in Colombia. It will also provide opportunity to expand operations to the Andean and Central American Regions.

Siigo has over 100,000 clients in the Colombian market and has grown significantly over the last decade.

“This investment will allow us to speed up our development of Siigo in the cloud and to continue to lead the market with innovative technology and customer service. Customers recognize the benefits and flexibility of the cloud, and to date, we have more than 3,000 customers that have moved to our cloud solution,” said David Ortiz, CEO of Siigo

“We are very excited to receive this investment, as it helps us to fulfill our dream of transforming the lives of accountants and entrepreneurs. The experience that Accel-KKR brings will help us help our customers grow their businesses,” said Ricardo Ortiz, Founder of Siigo.

“The Siigo team has built an outstanding company and a leading platform for small and medium-sized businesses in Colombia. We are excited to partner with them as they continue to grow their business and provide great solutions to their clients,” said Joe Savig, Principal at Accel-KKR.

“Throughout our history, Accel-KKR has sought to partner with the best teams and market-leading companies throughout the world to help accelerate their growth. We are excited to partner with the Siigo team in our first investment in Latin America. We see tremendous opportunity to work with talented Latin American companies, bringing the capital and expertise we have developed over the past 17 years,” said Tom Barnds, Managing Director at Accel-KKR.

Accel-KKR Invests in Colombian Software Company Siigo was last modified: October 4th, 2017 by Editor
Accel-KKRAccountingAdministrationColombiaRicardo OrtizSaasSiigoSilicon ValleySoftware
0
Facebook Twitter Google +

Submit VC News

Have private equity or venture capital related news that you would like to share? Submit your press releases and news to news@lavca.org.

Categories

  • Deals
  • Exits
  • Regulatory
  • M&A
  • New Funds & Firms
  • Partnerships

Sector Tags

agribusiness AgTech Artificial Intelligence B2B biotech Consumer/Retail delivery Digital Media & Entertainment e-commerce ecommerce EdTech Education Energy Enterprise Software Financial Services fintech foodtech Healthcare Healthtech HRTECH Human Resources Impact Impact Investing Infrastructure IoT IT logistics Logistics & Distribution logistics and distribution marketplace Marketplaces Mobile Private Capital Private Equity Proptech Real Assets Real Estate SaaS Software Startup startups Technology Telecommunications Transportation venture capital

Geography Tags

Alquilando Argentina Argentine Austria Belize Bolivia Brasil Brazil Canada Canary Caribbean Central America Chile Colombia Costa Rica Dominican Republic Ecuador El Salvador Guatemala Honduras India International INTL Israel Jamaica Japan Kenya LatAm Latin America Mexico Miami Nicaragua Pan-Regional Panama Paraguay Peru Portugal Puerto Rico South Korea Spain United States Uruguay US USA Venezuela
LatAm Venture Bulletin

LatAm Venture Bulletin

The LatAm Venture Bulletin is a must-read roundup of startup deals and news on emerging technologies in Latin America, delivered to over 6,000+ investors, entrepreneurs, and corporates bi-weekly.
Asset Class *

Tweets

  • Great conversation with #LATAM private capital associations about challenges, opportunities, policy updates, & best… https://t.co/XlacTRJ7I4

    01-Mar-2021

    Reply Retweet Favorite
  • 🚀READ LAVCA's LatAm Venture Bulletin featuring: #edtech deep dive with @descomplica; #ESG #CaseStudy featuring Cana… https://t.co/jFFMxVRpcn

    25-Feb-2021

    Reply Retweet Favorite
  • LAVCA recently spoke with Maria Pia Iannariello, Co-Founder & COO at @mgminnovagroup, about the opportunity for pri… https://t.co/i7XUo807Kl

    16-Feb-2021

    Reply Retweet Favorite
  • ☑️SIGN UP for the #LATAM Private Capital Update: this week featuring @L_Catterton Exits Espaçolaser; Vinci in… https://t.co/ag2JqwwOOS

    10-Feb-2021

    Reply Retweet Favorite
  • READ LAVCA’s latest deal case featuring @PC_Capital investment in 🇲🇽 agribusiness/retail seeds company Rancho los… https://t.co/R7ChIFYyGq

    03-Feb-2021

    Reply Retweet Favorite

Keep in touch

Twitter Linkedin Youtube

About LAVCA

 

LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

LAVCA Offices

    New York City:
    589 8th Ave, 18th Floor
    New York, NY 10018

LAVCA Also Has a Regional Presence in:

   Washington DC
    

    Silicon Valley:
    San Francisco, CA

Explore LAVCA.org

  • About LAVCA
  • Board, Team, & Advisors
  • Media
  • Contact Us
  • Membership Benefits
  • Members Only Access
  • Education and Programs
  • Research
  • Policy
  • LAVCA VC
  • Contact Us

@2020 - LAVCA. All Rights Reserved.


Back To Top