Business-to-business marketplace Eezee has raised $6.2 million in a Series A1 funding round led by the Philippines-based AG Active Fund, according to regulatory filings.
Together with the $7.5 million raised in September, the total funds amassed by Eezee in its Series A round now stands at $13.7 million.AG Active Fund, which is backed by the Ayala Group and managed by Kickstart Ventures, has invested $4 million in the Singapore-headquartered company, filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) show.
ACRA filings only reflect the equity funding received so far in a round and the overall funding round could be larger and/or have other components such as debt.
Other investors in the round include Wavemaker Pacific LP and Insignia Ventures Partners Annex Fund 1.
Eezee which launched in 2018 as a B2B digital procurement platform, had previously said it will use the fresh funds to further grow its platform in Indonesia, Malaysia, and the Philippines. It also seeks to double its headcount from the current 60.