Amount Raised
$7 Million
Round Type
Series A
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
Works inside ChatGPT and Claude. Ask who to call at Dropee. With Fundz connected, it knows.
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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.
Funding Insights
What this usually meansDropee 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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