KolayBi' received investment from QNBEYOND Ventures with a valuation of 13.7 Million TRY

We already mentioned about NKolayOfis in November 2017, which functions as a cloud-based mini ERP that enhances the efficiency and sustainability of small and medium-sized enterprises by optimizing their office works. Having offered its first product, a cloud-based pre-accounting software, under the name of NKolayOfis, KolayBi' has received a new investment.

Receiving its first investment in 2018 from StartersHUB, angel investor Varol Civil and HUB GSYO, it reached a valuation of  6.8 Million TRY. According to the information shared today, KolayBi', which offers digital transformation services in the field of finance to small and medium-sized enterprises, received investment from QNBEYOND Ventures with a valuation of 13.7 Million TRY.

No information has been shared on the amount of investment. This investment is also the first investment of QNB Finansbank's investment branch, QNBEYOND Ventures, about which we wrote last week.

KolayBi', which assists many small and medium-sized enterprises to digitalise their traditionally conducted pre-accounting activities, thanks to its co-operations last year first with EnparaŞirketim, then with QNB Finansbank Dijital Köprü reached over 15,000 active customers.

The venture, which brought online banking, marketplace, and e-bill integrations to its thousands of customers through its co-operations, has created an invoice volume of 6.5 billion TRY for its e-Billing users in the last six months. With this funding round joined by Varol Civil besides QNBEYOND Ventures, KolayBi' will develop its operational capabilities and realise new products.

KolayBi’'s founding partner and CEO, Gökhan R. Boyana, said "With this investment, with the vision of accelerating the digital transformation of small and medium-sized enterprises, we are aiming to continue our growth faster and reach 50,000 customers by 2023."

Reminding that KolayBi's story, which began at QNBEYOND Acceleration Programme, transformed into a strong co-operation with Dijital Köprü, QNBEYOND Ventures managing partner Özge Öz said they were elated to crown this story now with an investment.