Small Enterprise Assistance Funds (SEAF), a Washington, DC-based global impact investment fund manager, has made its second investment in the Philippines in CloudCfo, a technology-driven provider of outsourced accounting, bookkeeping, and financial services for startups.
SEAF invested in CloudCfo through its SEAF Women’s Opportunity Fund (SWOF). Financial details were not disclosed. SWOF has been investing $2 million per deal in growth-oriented, women-led businesses in Vietnam, Indonesia, and the Philippines.
