Osome achieved profitability in Q4 2024

Singapore-based online accounting startup Osome announced that it achieved profitability in the fourth quarter of 2024.

Osome claims to have supported thousands of business founders by managing their accounting processes.

“What got us here? Relentless focus on automation and efficiency,” said Victor Lysenko, its founder and CEO.

Recent Osome developments

Timeline
19-Dec-2024 📈 Osome grows 25%, eyes Asia expansion Osome reports 25% revenue growth for 2024 Plans expansion in Singapore and Hong Kong markets
03-Oct-2024 📉 Osome cuts staff anew as it vies for profitability Osome laid off less than 2% of Singapore staff Second round of layoffs to aim for profitability in 2024
17-May-2024 💰 Osome raises $17m series B extension months after mass layoffs Osome raises $17M in series B funding extension Company aims for profitability amid staff layoffs
05-Feb-2024 📉 Osome faces heat from customers following staff exits, layoffs Osome faces backlash over late filings and penalties. Over 90 negative reviews highlight worsening service.
06-Dec-2022 🚀 Singapore’s Osome banks $25m in series B money Osome raises US$25M in Series B funding Plans to expand operations in Asia, including HK
26-Nov-2019 🚀 Singapore-based Osome bags $3m to expand to Hong Kong, UK

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