# Mochi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mochi

- Industry: Software
- Headquarters: Makati City, Philippines
- Website: www.mochi.ph/
- Latest round: Seed (Sep 6, 2024)
- Investors on record: 1

## About

Mochi, based in the Philippines, is an innovative platform dedicated to automating billing and collections for businesses, enhancing their efficiency in invoicing and payment processing.Founded in 2023 and headquartered in Makati City, Philippines, Mochi specializes in automated billing solutions. The company has executed a total of 3 deals, with its most recent deal occurring on September 6, 2024. It was established to meet the increasing need for streamlined financial processes among Filipino businesses, yet no information about company pivots or subsidiaries has been noted.Mochi provides an all-in-one automated billing and collections platform tailored for Filipino businesses. Key offerings include automated invoicing, recurring billing, installment billing, and order management solutions, which are designed to reduce manual errors and promote timely payments. By integrating payment options like GCash, credit/debit cards, and PayMongo, Mochi supports a range of sectors such as travel agencies and small businesses in managing bookings and cash flow effectively.Mochi's revenue model primarily relies on subscription services for its automated billing solutions, enabling SMEs to manage their invoicing and payment processes efficiently. Clients pay a subscription fee to access features such as invoicing and payment reminders. For instance, a travel agency might use Mochi's platform to issue invoices for tour packages and manage recurring payments for regular customers. The focus is on providing flexible pricing plans that align with SME needs.In September 2024, Mochi secured Seed funding from returning investor Kaya Founders, which will be directed towards developing new product features and expanding market reach. The company is targeting additional regions within Asia for its platform expansion, with plans to launch new product offerings aimed at enhancing user experience and operational efficiency by the end of 2025.

## Funding rounds

- Seed, Sep 6, 2024 — Kaya Founders

## Investors

- Kaya Founders (https://capitalatlas.ai/funds/kaya-founders) — Seed