How Much Did OnPoint Raise?
Funding & Key Investors

OnPoint, a prominent e-commerce enabler, has successfully secured a significant capital injection, bringing its total funding to $58M. This latest financing round, which contributed $50M to the company's balance sheet, underscores investor confidence in the firm's ability to scale operations across the fragmented Southeast Asian digital retail landscape. By consolidating its market position, OnPoint continues to demonstrate robust growth trajectories, transitioning from its initial Series A foundation into a mature enterprise-level player capable of managing complex, multi-channel digital ecosystems.

What is OnPoint?

OnPoint
Business ServicesAdvertising NetworksSoftware Testing

Founded in 2017, OnPoint serves as a comprehensive e-commerce infrastructure provider, facilitating the digital transformation of both local and international consumer brands. The company offers an end-to-end value chain solution, encompassing store operations, digital marketing, warehousing, and order fulfillment. Central to its competitive advantage is the Galaxy platform, a sophisticated toolset utilizing Big Data, artificial intelligence, and machine learning to optimize campaign performance. Furthermore, the company has expanded its reach through OctoSells, a Software-as-a-Service (SaaS) offering designed to empower small and medium-sized enterprises with seamless store management capabilities. This dual-pronged approach of high-touch service and scalable software positions OnPoint as a critical node in the regional e-commerce economy.

How much funding has OnPoint raised?

OnPoint has raised a total of $58M across 2 funding rounds:

2020

Series A

$8M

2022

Series B

$50M

Series A (2020): $8M with participation from KIWOOM INVESTMENT CO. LTD and Daiwa-SSIAM Vietnam Growth Fund II

Series B (2022): $50M led by SEATOWN HOLDINGS INTERNATIONAL

Key Investors in OnPoint

SEATOWN HOLDINGS INTERNATIONAL

Seatown Holdings International is an investment firm based in Singapore, focusing on capital allocation and strategic growth investments across diverse sectors.

KIWOOM INVESTMENT CO. LTD

A prominent South Korean venture capital firm specializing in early-stage and growth-stage investments across technology and industrial sectors.

Daiwa-SSIAM Vietnam Growth Fund II

A specialized investment vehicle focused on identifying and scaling high-growth enterprises within the emerging Vietnamese market.

What's next for OnPoint?

With this major strategic investment, OnPoint is poised to accelerate its technological roadmap and deepen its integration with regional service partners. The company is expected to prioritize the enhancement of its proprietary AI-driven tools to further automate the e-commerce value chain, thereby reducing operational friction for its growing portfolio of merchants. As the digital retail sector in the region continues to mature, OnPoint's focus will likely shift toward expanding its SaaS footprint and solidifying its role as the primary infrastructure layer for brands navigating the complexities of multi-channel online commerce. The infusion of capital provides the necessary runway to scale these initiatives while maintaining the operational excellence that has defined its growth since inception.

See full OnPoint company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Accounting for Legal PracticesBusiness Services
Advertising NetworksBusiness Services
Advertising NetworksBusiness Services
Business ServicesSoftware Testing

Frequently Asked Questions Regarding OnPoint Financial Insights

What are the most recent funding rounds that OnPoint has completed, and what were the funding rounds?
OnPoint has recently completed 2 funding rounds: Series B on Jun 24, 2022, Series A on Apr 23, 2020.
What is the total amount of funding OnPoint has raised to date?
OnPoint has raised a total of $58M in funding to date.
How many funding rounds has OnPoint completed?
OnPoint has completed 2 funding rounds.
How much funding did OnPoint raise in its most recent funding round?
OnPoint raised $50M in its most recent funding round.
Who are the lead investors in OnPoint's latest funding round?
The lead investor in OnPoint's latest funding round was SEATOWN HOLDINGS INTERNATIONAL. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OnPoint's history?
The largest funding round in OnPoint's history was $50M.
See more information about OnPoint