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Philippine-based lending fintech company OneLot raised $4M in Pre-Seed funding led by 468 Capital to extend its services and accelerate product and AI development.

PRIVATEOct 14, 2024

Amount Raised

$4 Million

Round Type

Pre-Seed

MakatiFinancial ServicesFinanceFintechLending

Investors

Founders Launchpad21yieldCrestone Venture CapitalKaya Founders468 Capital

Description

OneLot, a Philippine-based lending fintech company, has successfully raised $4 million in Pre-Seed funding in an oversubscribed round led by 468 Capital. The funding will be used to expand services to more dealers and enhance product and artificial intelligence development.

Quick answer

OneLot raised $4 Million in a Pre-Seed round, dated October 14, 2024. Investors: Founders Launchpad, 21yield, Crestone Venture Capital, Kaya Founders and 468 Capital. OneLot is based in Makati, Metro Manila, Philippines.

How much did OneLot raise?
OneLot raised $4 Million in a Pre-Seed round on October 14, 2024.
Who invested in OneLot?
Founders Launchpad, 21yield, Crestone Venture Capital, Kaya Founders and 468 Capital are named as investors in this round.
What does OneLot do?
OneLot is a Philippine-based lending fintech company specializing in providing working capital financing exclusively to used car dealers.
Where is OneLot based and how big is it?
OneLot is based in Makati, Metro Manila, Philippines. Fundz records about 23 employees.
Who are the decision-makers at OneLot?
Fundz holds 5 contacts at OneLot, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

  • Habitto raised $12M (Series A) on November 27, 2024.
  • OpenYield raised $7M (Funding Round) on November 21, 2024.
  • Beeline Holdings raised $1.6M (Series A) on November 14, 2024.
  • Tranched raised $3.4M (Pre-Seed) on November 12, 2024.
  • Lean Technologies raised $68M (Series B) on November 11, 2024.
  • Tomorrow raised $5.3M (Funding Round) on November 8, 2024.

Who to call at OneLot, and when

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

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Company Information

Company

OneLot

Location

102 H. V. Dela Costa

Makati, Metro Manila, Philippines

About

OneLot is a Philippine-based lending fintech company specializing in providing working capital financing exclusively to used car dealers. Founded by a team with extensive experience in car dealership and SME credit, OneLot utilizes a data-driven, AI-enabled approach to evaluation and loan disbursement. The company aims to empower local dealerships, helping them expand their inventory and profitability. Since its launch, OneLot has made significant strides in the rapidly growing used car market in the Philippines.

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Related People

5 contacts
Verified contactsHarm-Julian S., Co-Founder & CEO hidden hidden hiddenSee plans and pricing
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OneLot 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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