Prosperna

Prosperna is a Philippine-focused eCommerce software-as-a-service (SaaS) company providing an all-in-one platform for micro, small, and medium-sized enterprises (MSMEs). The company was founded by Dennis Velasco, a Filipino-American entrepreneur with experience at Silicon Valley companies like Salesforce and Xero. After spending 12 years in Silicon Valley, Velasco returned to the Philippines with the goal of bringing high-quality software to the local market. He established Prosperna to address the specific needs of Philippine MSMEs, aiming to simplify their digital transformation.

The company's core offering is a user-friendly platform that enables businesses to create their own online stores without needing technical or coding skills. It features a drag-and-drop website builder, multi-channel order management to sync with platforms like Lazada and Shopee, and integrated marketing tools. The platform is designed to be a comprehensive solution, bundling services that businesses might otherwise source from multiple providers. This includes accepting a wide array of local payment methods such as GCash and PayMaya, alongside credit cards and cash on delivery. Furthermore, it automates shipping by integrating with numerous local courier services like Lalamove and J&T Express, offering various delivery options.

Prosperna operates on a subscription-based business model, offering various pricing plans, including a "free forever" option to encourage adoption. Paid plans start from a low monthly fee, with more comprehensive packages available for growing businesses. The company generates revenue from these subscriptions and potential add-on features from its marketplace. Since its inception, Prosperna has secured a total of $1 million in funding over two seed rounds from investors including Foxmont Capital Partners, DayOne Capital Ventures, and IdeaSpace Foundation. The company's mission is to empower one million Philippine businesses, and it actively fosters a community known as the #ProsperNation to support entrepreneurs on their eCommerce journey.

Keywords: eCommerce platform, Philippine MSMEs, online store builder, SaaS, small business software, digital payments, shipping integration, multi-channel selling, Dennis Velasco, Foxmont Capital Partners, e-commerce solutions Philippines, online retail, digital transformation, business software, retail tech, payment gateway integration, order management system, marketing automation, startup Philippines, venture capital