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

IGNIA, Capital Invent & Avalancha Make Series A Investment in Bind ERP

October 24, 2017
Bind ERP IGNIA Capital Invent Avalancha LAVCA Venture Investors

IGNIA, Capital Invent, and Avalancha Ventures made an undisclosed investment in Bind ERP, a cloud-based ERP platform for Mexican SMBs.

(Press Release) As SMBs look for low upfront costs, quick deployment times and intuitive processes in a software, Bind ERP brings them the best administrative solution.

Bind ERP, a Mexico-based company offering a cloud-based ERP, closed its Series A round with venture capital funds IGNIA, Capital Invent and Avalancha Ventures.

For the more than one million SMBs in Mexico using the internet for their daily activities (with that number expected to double in the next 5 years), having access to a world class cloud-based ERP will permit them to gain greater insight into their business and make decisions based on real-time information. Bind allows SMBs to have an administrative system in the cloud to manage every aspect of their business from purchasing and inventory to accounting and sales.

“Millions of Mexican SMBs are looking to make their businesses more efficient to grow. Traditional ERPs have high upfront cost with long on-boarding times, making them hard to access for SMBs. Bind ERP is a low cost, easy to use and tailor-made solution that is accessible to hundreds of small businesses. We are excited to partner with the talented team behind Bind and to support the company through its future growth,” commented Fabrice Serfati Magaña, Managing Director at IGNIA.

“We share with Alejandro and his team the mission to ease the management tasks for SMBs, as we believe they are a key element for the economic development of Mexico. At Capital Invent we are very excited to partner with Bind’s team and look forward to working with them to strengthen Bind’s position as the leading ERP for SMBs in Mexico,” said Jana Boltvinik, Managing Partner at Capital Invent.

“At Bind ERP, we are on a mission to make management easy for SMBs. Our team has a profound understanding of their needs and we’ve built a solution that allows them to take full control of their business within minutes. This funding will allow us to accelerate our growth and create new features that will transform the way small businesses operate in Mexico. We’re thrilled to have a group of investors who share our desire to help Mexican SMBs thrive,” states Alejandro Bonilla, CEO and Founder of Bind ERP.

 

IGNIA, Capital Invent & Avalancha Make Series A Investment in Bind ERP was last modified: January 5th, 2018 by Editor
AvalanchaBind ERPCapital InventCloudCloud SolutionsEnterprise Resource PlanningERPIgniaMexicoSMBsVenture Capital
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

  • 🚀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
  • 📢Exciting news to kick off 2021: Nicolás Szekasy of @KaszekVentures was appointed LAVCA Board Chair; Juan Alberto L… https://t.co/k6xlZQ0GKi

    21-Jan-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