Here’s some great news – we raised US$4M in funding!
3 minute read
We are so excited to announce that we have secured US$4M in our latest fundraising round. We plan to use the funding to expand into new markets and develop business verticals to bring more service types to our customers.
2020 has been a lot for everyone and businesses around the world due to the economic uncertainty and the pandemic. This win comes at a critical time, and we are grateful for the continuing trust of our investors, and you, our valued customers! Also shout out to our team, who stayed vigilant and dedicated to continue serving our customers and explore new grounds in the industry.
Details on the funding
The funding was led by both old investors, MI8, and Pierre Lorinet, as well as new investors, such as SEEDS Capital – the investment arm of Enterprise Singapore (ESG), a Singaporean government agency under the Ministry of Trade. Along with a few others including the Sequoia Capital’s Scout Fund and a few prominent tech business angels.
Moving forward with the new funding, we plan on using the $4M to double down on product development and growth. As echoed by our Co-founder and Chief Executive Officer, Julien Labruyere:
“We will launch more platform functionalities and new business verticals in the near future to enhance the overall customer experience. Ultimately, we envision Sleek to be the go-to digital platform for all entrepreneurs setting up in Singapore, Hong Kong and beyond!”
Furthermore as mentioned by our investor, SEEDS Capital, “Sleek’s innovative digitally-enabled solutions are well-positioned to disrupt traditional corporate secretarial services, allowing entrepreneurs to spend more time creating value for their companies and customers, and less on administrative back-office tasks”, said Geoffrey Yeo, General Manager of SEEDS Capital.
“We see new opportunities created by the accelerated pace of digitization of business and processes amidst the pandemic, and are excited to support Sleek in their journey to introduce next-generation corporate and financial services to small and growing enterprises.”
Thanks again for all your support and we look forward to sharing these exciting new developments with you, soon!