Xolo (formerly known as LeapIN), the online platform for launching and running one-person businesses anywhere in the world has announced the completion of $6.8million (€6 million) Series A funding, and the launch of a revolutionary form of entrepreneurship.
The new “virtual company” service will enable millions of professional freelancers to radically reduce the complexity and cost of engaging with national governments and operate in a borderless world. The service will cut the time needed to launch a freelance business from weeks to minutes. Xolo’s investment round was led by European venture firms Karma Ventures (Estonia), Vendep Capital (Finland), and Leap Ventures (France).