Local tech start-up Prosperna—an online store builder seeking to empower MSMEs with simple and affordable e-commerce software, received an offer for a $450,000 seed investment from fintech investment company UBX.
Prosperna was among the hundreds of hopeful start-ups, innovators, and entrepreneurs in the Philippines that submitted their pitch decks and ideas to CNN’s The Final Pitch, a business reality show that connects investor judges to aspiring entrepreneurs.
As appropriately titled, the show’s “Season 6: Heroes Edition” included a power-packed panel of investor judges: Li Hao Zhuang of FWD Insurance Philippines; Vince Yamat of 917Ventures; Joel Santos of Thames International Business School; John Januszczak of UBX; and the host and creator of The Final Pitch, John Aguilar.
“The Final Pitch was a great stage for us to tell our story about how we’re helping Philippine MSMEs,” said Dennis Velasco, CEO of Prosperna.
During the season finale episode, Velasco demonstrated how they are achieving double-digit revenue growth by empowering local micro, small, and medium-sized businesses with Prosperna’s simple and affordable online store builder.
Ending his pitch with a video collage of powerful customer testimonials, Prosperna received an investment offer from UBX as well as two partnership opportunities from FWD Insurance Philippines and Thames International Business School.
“We want to make eCommerce accessible for every Philippine MSME so that they can level the playing field and compete with bigger brands,” Velasco said.
Now, even home-based proprietors like Sajeonline.com can create their own online neighborhood grocery store without any technical skills and sell to consumers who want to order directly and pay online to get their groceries delivered directly to their home.
With Prosperna’s growing team of 41 full-time employees, the company is able to help MSMEs to create their own online branded stores.
For more information about Prosperna, you may visit www.prosperna.com or call +639176591948.