Fundz

Ex-Grab Philippines President Raises Us$10.5M From Regional And Global Investors To Drive Sarisuki's Expansion Into Quick Commerce

PRIVATEMar 02, 2022

Amount Raised

$10.5 Million

Round Type

Funding Round

PhilippinesSustainabilityData And AnalyticsCommerce And ShoppingConsumer Goods

Description

SariSuki, a fast growing social commerce startup, is expanding into quick commerce with a vision to build an end-to-end eGrocery platform in the Philippines. With the launch of this new service, SariSuki is now able to create greater value for producers at source as well as hyper-convenience for consumers. This expansion follows significant fundraising that counts Openspace, Susquehanna International Group (SIG), Global Founders Capital (GFC), Saison Capital, JG Digital Equity Ventures, and Foxmont Capital Partners amongst those who participated. The latest US$7.1M round took total funding for the company to US$10.5M in 2021.

Quick answer

President raised $10.5 Million in a Funding Round round, dated March 2, 2022. President is based in Philippines.

How much did President raise?
President raised $10.5 Million in a Funding Round round on March 2, 2022.
What does President do?
From left to right: Bam Mejia - Chief Commercial Officer, Philippe Lorenzo - Chief Operating Officer, Angelo Lee - Head of Strategy and Fundraising, Brian Cu - Chief Executive OfficerCapturing the end-to-end opportunity..
Where is President based and how big is it?
President is based in Philippines.

Source: Fundz verified event record.

Who else raised in Sustainability and Data And Analytics around the same time

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

  • Productsup raised $70M (Funding Round) on April 6, 2022.
  • OpenSpace raised $102M (Series D) on March 2, 2022.
  • PassiveLogic raised $15M (Funding Round) on April 12, 2022.
  • Aria raised an undisclosed amount (Series A) on April 8, 2022.
  • Packfleet raised $10M (Funding Round) on April 6, 2022.
  • Schools raised $5M (Seed) on April 5, 2022.

Who to call at President, and when

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Company Information

Company

President

Location

Philippines

About

From left to right: Bam Mejia - Chief Commercial Officer, Philippe Lorenzo - Chief Operating Officer, Angelo Lee - Head of Strategy and Fundraising, Brian Cu - Chief Executive OfficerCapturing the end-to-end opportunity in e-grocery market with quick commerce expansionGlobal and regional investors have taken notice of the size and potential of the e-commerce retail market as well as the social impact the company can have through its unique model. The company launched in May 2021 and has grown 36x after 9 months.

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President 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.