The startup that seeks to democratize entrepreneurship with its ‘business in a box’ concept, Jeff, closes a new round of financing of 90 million dollars made up of a combination of equity and debt. It was supported by funds such as DXVentures, Clean Ventures, Stelac, Prism and existing partners, including Nalpa and Alcor, led by the company’s president, Javier Rubió.
This new capital increase is added to the 43 million dollars previously raised. It will be used to continue his vision of democratizing entrepreneurship through his product through his tools.
Thus, they hope to promote the technological part supported by Jeff Advisor, its AI tool that helps and guides entrepreneurs, Jeff Suite, its intelligent business management software or Real Estate and Jeff Capital projects to break down one of the main barriers to undertake: access to capital.
By offering would-be entrepreneurs a turnkey solution to get them up and running in no time, Jeff’s goal is to dramatically reduce the time it takes to source and assemble the series of moving parts that make a business work.
Objective: find profitability
Before the pandemic, he expected the company to grow to reach a thousand workers. But the Covid-19 took its toll on the final result. During the last months it has had economic difficulties, already resolved with the receipt of this investment.
This investment operation not only resolves our current situation, but also allows us to have years of stability and sufficient capital to continue developing our vision based on profitability.
Eloi Gomez, CEO and founder of Jeff.
Perhaps aiming to help entrepreneurs operating under Jeff get out of the same trouble, another service on offer is Jeff Capital, an arm launched in April 2022 and aimed specifically at meeting their liquidity needs.