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Aditya Hadi Pratama · · 1 min readWavemaker, Insignia join pre-series A round of Singaporean B2B marketplace
Eezee, a Singapore-based business-to-business (B2B) marketplace for industrial hardware and supplies, announced it has raised an undisclosed amount of funding in its pre-series A round.
More funding details
- Lead investor: Wavemaker Partners
- Existing investor: Insignia Ventures Partners
- Other investors: January Capital, PAG, and the family office of Bain Capital’s Stephen Pagliuca
- Stage: Pre-series A
More company updates
- Eezee will use the fresh funds to double down its business development efforts in Singapore.
- The firm is still looking to make its first on-ground business development hire in the Philippines and Indonesia, after the process was delayed due to the Covid-19 pandemic.
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Along with this equity funding, Eezee also secured an undisclosed debt facility from Polaris – the strategic partnership arm of Goldbell Financial Services.
- Eezee currently has more than 1,000 suppliers and counts companies like Chevron, ExxonMobil, and Shell, as its clients. This year, the company also secured a contract to provide online procurement services for 400,000 civil servants in Singapore.
For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.
Editing by Collin Furtado and Jaclyn Tiu
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