Jobis, a platform that offers cloud-based business administration services, has netted 2.1 billion won (USD $1.86m) in funding from the Korea Development Bank, Capstone Partners, Korea Omega Investment Finance and Plantree Partners.
The company behind the platform, ‘Jobis and Villains’, first launched Jobis one year ago — the first stage providing a smart tax service via an app. Businesses are able to upload their documents, and make the process of filing taxes, organizing salaries, and dealing with insurance much easier. So far Jobis claims to have helped around 250 startup with its system.
Jobis has helped hundreds of startups deal with their taxes and other administrative issues.
Jobis and Villians says that it plans to use the latest investment to develop new infrastructure and tax processes, providing faster service and more effective communication between customers and tax offices. It also hopes to expand on its partnerships and carry out targeted customer marketing.
“Following the positive reaction to our tax service from business customers, we found that businesses needed an easier way to handle mandatory administrative matters, as well as a need to reduce the time being spent on such work by internal staff,” says Kim Beomseom, CEO of the Jobis and Villains.
“In addition to this, we’ve received feedback from tax offices that are interested in our service. This included wanting our platform to manage basic, repetitive jobs more effectively, and establishing cooperative relationships to provide better services.”
In response to this, the company is recruiting new staff as part of its strategy to bolster its management support platform which assists with legal and labor related issues. This is the second round of funding for the startup, having received 800 million won in investment from VentureSquare, Primer, Ntels and TIPS in March last year.
