What is Cinch?
Founded in 2020, Cinch operates within the technology services industry, focusing on providing flexible, affordable, and sustainable device subscriptions for both consumers and businesses. Their innovative platform champions circularity by enabling clients to access, manage, and upgrade technology without the traditional burdens of ownership. Cinch's approach integrates AI-driven pricing, seamless vendor connectivity, and smart subscription management to actively reduce electronic waste and promote a more sustainable technology ecosystem, particularly across Asia. The company's commitment to a circular economy model positions it as a forward-thinking player in the DaaS market.
How much funding has Cinch raised?
Cinch has raised a total of $28.8M across 1 funding round:
Other Financing Round
$28.8M
Other Financing Round (2025): $28.8M with participation from Monk's Hill Ventures, Digital Currency Group, 1982 Ventures, and Z Venture Capital
Key Investors in Cinch
Monk's Hill Ventures
Monk's Hill Ventures is a venture capital firm that invests in ambitious tech founders in Southeast Asia at the Series A stage, focusing on supporting entrepreneurs dedicated to changing lives through technology and building a strong regional startup ecosystem.
Digital Currency Group
Digital Currency Group is a holding company focused on accelerating the development of a better financial system by building and supporting bitcoin and blockchain companies, with a significant investment portfolio and ownership of leading digital currency firms.
1982 Ventures
1982 Ventures is a venture capital firm that invests in early-stage enterprise AI and fintech opportunities globally, with a strong focus on Southeast Asia, supporting founders shaping the future of finance and technology.
What's next for Cinch?
With the recent injection of major strategic investment, Cinch is poised to accelerate its mission of promoting sustainable technology consumption. The enterprise-level funding suggests a strong validation of its business model and market potential. Future strategic initiatives will likely focus on scaling its operations across new geographies, enhancing its AI capabilities for more personalized device management, and forging deeper partnerships with technology vendors and enterprise clients. This capital will be instrumental in solidifying Cinch's leadership in the DaaS sector and advancing its contribution to a reduced-waste technology landscape.
See full Cinch company page
