Fundz

Onpoint Closes The Largest Series B Round For A Sea E-Commerce Enabler Led By Seatown Holdings International

PRIVATEJun 27, 2022

Round Type

Series B

Deer ParkOil And Gas

Description

OnPoint ("the Company"), the leading e-commerce enabler in Vietnam, today announced the signing of its Series B fundraising round with SeaTown Private Capital Master Fund, a fund managed by SeaTown Holdings International ("SeaTown"), an indirect wholly owned subsidiary of Temasek Holdings.

Quick answer

On Point raised an undisclosed amount in a Series B round, dated June 27, 2022. On Point is based in Deer Park, Texas, United States.

How much did On Point raise?
On Point raised an undisclosed amount in a Series B round on June 27, 2022.
What does On Point do?
OnPoint Industrial Services is the premier provider of industrial plant support services, headquartered in Deer Park, Texas, with offices in Texas, Louisiana, and California.
Where is On Point based and how big is it?
On Point is based in Deer Park, Texas, United States. Fundz records about 760 employees.
Who are the decision-makers at On Point?
Fundz holds 2 contacts at On Point, including the T/A Coordinator. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Oil And Gas around the same time

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

  • GASUtopia raised $3M (Seed) on August 11, 2022.
  • NEXT Renewable Fuels, Inc. raised $1.5M on August 11, 2022.
  • THREE SIXTY SOLAR LTD raised $4K (Pre-Seed) on August 4, 2022.
  • QLM raised $15M (Series A) on August 4, 2022.
  • Greenbrier raised $150M (Debt Financing) on August 3, 2022.
  • United Multi-Op #2 raised $341K (Seed) on August 1, 2022.

Who to call at On Point, and when

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

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Company Information

Company

On Point

Location

Deer Park, Texas, United States

About

OnPoint Industrial Services is the premier provider of industrial plant support services, headquartered in Deer Park, Texas, with offices in Texas, Louisiana, and California. OnPoint is a portfolio company of MML Capital Partners, an international mid-market private equity investor focused on investing alongside strong management teams and working in partnership with them to deliver their bold expansion plans.

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Related People

2 contacts
Verified contactsGary, T/A Coordinator hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

On Point 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.