What is Sleek?
Founded in Singapore in 2017, Sleek has developed a paperless and digital platform designed to streamline the process of registering and managing businesses in Singapore and Hong Kong. The company aims to serve as an ideal operating system for entrepreneurs, simplifying administrative tasks and fostering a more efficient business environment. Sleek's innovative approach addresses the complexities of business setup, positioning it as a key player in the fintech and business services sector.
How much funding has Sleek raised?
Sleek has raised a total of $53M across 5 funding rounds:
Angel/Seed
$5M
Unspecified
$4M
Series A
$14M
Series A
$25M
Debt
$5M
Angel/Seed (2020): $5M with participation from Pierre Lorinet
Unspecified (2020): $4M led by SEED Capital, Mi8 Corporation, and Pierre Lorinet
Series A (2021): $14M supported by Jungle Ventures and White Star Capital
Series A (2021): $25M featuring EDBI
Debt (2024): $5M backed by Fintech Nation
Key Investors in Sleek
EDBI
EDBI is a global investor based in Singapore, focusing on high-growth technology sectors since 1991. The company aims to create value and empower businesses to build sustainable legacies through strategic investments. EDBI's portfolio includes innovative companies in various fields, such as biotechnology, fintech, and telecommunications. Their mission is to catalyze growth and transform industries while uplifting lives.
Jungle Ventures
Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore, focusing on early and growth-stage startups across B2B and B2C sectors. They aim to form long-term partnerships with founders from concept to IPO, investing across multiple funding rounds. With over $1 billion in assets under management and a proven track record of successful investments, they support founders in building scalable global businesses. Their portfolio includes leading companies like Kredivo, Livspace, and Moglix, reflecting their commitment to nurturing exceptional startups in the region.
White Star Capital
White Star Capital is a global multi-stage technology investment platform that partners with exceptional entrepreneurs to build ambitious international businesses. With a presence in major cities like New York, London, and Singapore, the firm focuses on venture investing at the Series A and B stages, as well as in digital assets and blockchain-enabled companies. Their team, equipped with extensive entrepreneurial and operational experience, supports founders in scaling their companies globally. White Star Capital aims to help reshape industries and drive innovation across transformative sectors.
What's next for Sleek?
With the recent major strategic investment, Sleek is poised for accelerated expansion and further development of its digital platform. This enterprise-level funding suggests a focus on scaling operations, enhancing technological capabilities, and potentially broadening its market reach. The company's trajectory indicates a move towards solidifying its position as a comprehensive business operating system for entrepreneurs in the region, leveraging this capital to drive innovation and capture greater market share.
See full Sleek company page
