Fundz

Yc Alum Dropee, A Malaysia B2B Wholesale Platform, Lands $7M Series A

PRIVATEJan 20, 2022

Amount Raised

$7 Million

Round Type

Series A

MalaysiaOtherSoftwareCommerce And Shopping

Description

Another startup focused on SMEs in Southeast Asia has announced a funding round. Dropee, a Malaysia-based B2B wholesale platform that also offers financial services, like working capital loans, to SMEs, said today it has closed a Series A round totaling $7 million. The Y Combinator alum raised $3 million in equity and $4 million in debt, led by returning investor Vynn Capital. Other participants included HCL Capital, Resolution Venture and LKF Capital, along with returning investors Brama One Ventures.

Quick answer

Dropee raised $7 Million in a Series A round, dated January 20, 2022. Dropee is based in Malaysia.

How much did Dropee raise?
Dropee raised $7 Million in a Series A round on January 20, 2022.
What does Dropee do?
Source direct from Wholesalers, Key Distributors, and Manufacturers.
Where is Dropee based and how big is it?
Dropee is based in Malaysia.

Source: Fundz verified event record.

Who else raised in Commerce And Shopping and Software around the same time

Companies in the same sectors as Dropee that raised within 45 days of this round, from Fundz verified event records.

  • OpenSpace raised $102M (Series D) on March 2, 2022.
  • Global-E Online Ltd raised an undisclosed amount on March 1, 2022.
  • The INKEY List raised an undisclosed amount on February 18, 2022.
  • Branch raised $143M on February 17, 2022.
  • Bright raised $600K (Seed) on February 11, 2022.
  • Duplo raised $1.3M (Pre-Seed) on February 10, 2022.

Who to call at Dropee, and when

A new round usually means Dropee is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Dropee raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dropee, from your own LinkedIn network

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Company Information

Company

Dropee

Location

Malaysia

About

Source direct from Wholesalers, Key Distributors, and Manufacturers. Types: Drinks, Confectionary & Snacks, Event Supplies, Office Supplies. 3-5 days delivery

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Fundz sees it the moment Dropee raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Dropee raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.