What is AMP?
Established in 2022, AMP specializes in providing a comprehensive e-commerce platform designed to enhance customer engagement and boost sales performance for online retailers. The company's suite of services includes cart upsell functionalities, dynamic product descriptions, currency switching, and SMS marketing tools, all aimed at simplifying commerce operations and fostering growth for businesses of varying scales. AMP's strategic focus on empowering online retailers positions it as a key player in the competitive e-commerce technology landscape.
How much funding has AMP raised?
AMP has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2025): $20M with participation from Openspace Ventures and OneVentures
Key Investors in AMP
Openspace Ventures
Openspace Capital is a multi-strategy asset manager specializing in Southeast Asia, with a focus on tech-native and tech-enabled businesses across various stages of development. The firm manages US$800 million in committed capital through six funds, targeting early and growth-stage investments in diverse sectors. By leveraging Active Intelligence, Openspace collaborates with portfolio companies to enhance their growth and sustainability. The company is also committed to addressing the climate funding gap in the region, positioning itself as a key player in the emerging climate tech market.
OneVentures
OneVentures is a venture capital firm that typically invests in early-stage technology companies. Their investment thesis often centers on disruptive innovations and scalable business models, aiming to support founders in achieving significant growth and market leadership.
What's next for AMP?
The recent Series A financing, characterized as a major strategic investment, signals a pivotal phase for AMP. This capital infusion is expected to accelerate product development, expand market reach, and enhance the company's technological capabilities. With a clear focus on simplifying commerce and driving growth for its clients, AMP is poised to further solidify its position and scale its operations, potentially exploring new markets and service offerings to meet the evolving demands of the digital retail environment.
See full AMP company page
