Round Type
Funding Round
Description
Pine Labs, one of Asia’s leading merchant commerce platforms, today announced that it has completed a new round of financing from well-regarded public market cross-over investors including Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management. Existing investors Temasek, Lone Pine Capital and Sunley House Capital also participated in this funding round. In this significantly oversubscribed round, in addition to primary proceeds, Pine Labs enabled secondary transactions for its founder, employees and early shareholders as it is already a well-financed company with a strong balance sheet and has been EBITDA profitable for several years.
Who else raised in E Commerce and Fintech around the same time
Companies in the same sectors as Pine Labs Limited that raised within 45 days of this round, from Fundz verified event records.
- Circle Internet Group, Inc. raised an undisclosed amount on June 30, 2021.
- Extend raised $50M on June 29, 2021.
- Resistant AI raised $13M on June 25, 2021.
- ClearScore raised $200M (Funding Round) on June 25, 2021.
- ClearScore raised $200M on June 25, 2021.
- JOOR raised $47M on June 25, 2021.
Who to call at Pine Labs Limited, and when
A new round usually means Pine Labs Limited is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pine Labs Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pine Labs Limited, from your own LinkedIn network
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Related People
Pine Labs Limited 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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