What is AsiaCollect?
AsiaCollect operates within the technology sector, focusing on providing an IT service management (ITSM) platform. The company's offering, iTop, is designed to streamline IT operations for organizations by enhancing IT service delivery and improving user experience. Key functionalities include incident management, change management, and asset management, catering to the needs of IT departments and service providers. The platform's emphasis on efficiency and user empowerment aims to support businesses in optimizing their complex IT processes and achieving operational excellence.
How much funding has AsiaCollect raised?
AsiaCollect has raised a total of $7M across 2 funding rounds:
Angel/Seed
$1M
Series A
$6M
Angel/Seed (2017): $1M with participation from Dymon Asia Ventures
Series A (2020): $6M led by DEG, SIG Asia, Dymon Asia Private Equity, and SCB10X
Key Investors in AsiaCollect
DEG
DEG is a development finance institution that provides financing and advisory services for private enterprises in developing and emerging-market countries, likely focusing on sustainable business models.
SIG Asia
SIG Asia is an investment firm that likely focuses on private equity and venture capital opportunities within the Asian market, supporting companies with growth capital.
Dymon Asia Private Equity
Dymon Asia Private Equity is an investment firm specializing in private equity transactions, likely seeking to acquire or invest in established companies to drive operational improvements and value creation.
What's next for AsiaCollect?
The recent major strategic investment positions AsiaCollect for accelerated growth and market expansion. This substantial capital infusion is expected to fuel further development of its ITSM platform, enhance its go-to-market strategies, and potentially explore new technological integrations. The company is likely to leverage this financing to solidify its competitive advantage, scale its operations, and deepen its market penetration within the enterprise IT service management landscape. Future endeavors may include strategic partnerships and enhanced customer support infrastructure.
See full AsiaCollect company page
