Singapore is the second freest economy in the world. The Lion City’s competitive, innovative, and business-friendly culture has made it the center of all entrepreneurial activity in Southeast Asia. Small wonder numerous startups roar within its boundaries each year! We added our bit to the startup ecosystem through the list of 100 startups in India. And now, we are aiming to do something similar for Singapore. Here is a list of 40+ startups from Singapore that made themselves heard and have won over investors. With the advantage of a strong concept, now backed with funds, these Singaporean startups are set to awe the world.
(Note: Listings are in alphabetical order. The numbers are for ease of reading and do not imply ranking.)
1. AdzCentral (Electric Sheep Capital and DIGITAL Media)
AdzCentral is a scientific media buying platform. The digital agency uses advertising technology tools and expertise to improve digital media spending by their clients. It has been funded with US$ 3,200,000 by Electric Sheep Capital and DIGITAL Media.
2. All Deals Asia (Undisclosed investors)
AllDealsAsia collaborates with merchants and deal partners and actively sources the best deals in town. It has received a funding of US$ 800,000 from undisclosed investors.
3. Anacle Systems (Majuven)
Anacle Systems provides technologies for asset and energy management industries across the globe, and has received a funding of US$ 1,970,000 from Majuven.
4. Ascenz (Red Dot Ventures and Green Marine Capital)
Ascenz helps shipping companies, which are looking for fuel savings and efficiency management, using its remote fuel consumption and bunkering monitoring system. The Singaporean startup has been funded by Red Dot Ventures and Green Marine Capital for US$ 482,000.
5. aSpecial Media (Technology Incubation Scheme and Red Dot Ventures)
aSpecial Media provides online behavioral targeting services. The startup assists its clients by building a real-time view of consumer interests via proprietary algorithms. The firm has been funded by Technology Incubation Scheme and Red Dot Ventures with US$ 589,000.
6. Burrple (Neoteny Labs, QuestVC, James Chan, and James Tan)
Burpple is an IOS and Andriod app that allows users to remember, organize, and explore their ‘food moments’. It has been funded by Neoteny Labs, QuestVC, James Chan, and James Tan with US$ 500,000.
7. Carousell (Gate Ventures, 500 Startups, Danny Oei Wiriant, and Darius Cheung)
Carousell is a consumer-to-consumer marketplace app for iOS and Android. The startup has been co-funded by Rakuten, Golden Gate Ventures, 500 Startups, Danny Oei Wiriant, and Darius Cheung with a collective seed capital of US$ 800,000.
8. Chope (Innovsite Ventures and Singapore Press Holdings)
Chope enables restaurant bookings through its website and mobile apps, offering two kinds of table management solutions for restaurants. It has been funded by Innovsite Ventures and Singapore Press Holdings with US$ 3,380,000.
9. Coda Payments (Gate Ventures, Toivo Annus, GMO Venture Partners, Rakuten, and Cyber Agent)
Coda Payments enables customers to make purchases online using their pre- or post-paid mobile accounts and assists mobile operators manage a margin differentiation program that allows them to better monetize their direct billing capabilities. It has been funded by Golden Gate Ventures, Toivo Annus, GMO Venture Partners, Rakuten, and Cyber Agent with US$ 3,200,000.
10. Collabspot (Laurent Gasser, Louis Nauges of Revevol, Kevin Dewalt, and 8 Capita)
Integrating CRM with Gmail, sales email platform Collabspot simplifies data entry and increases productivity. It has a seed funding of US$ 143,000, pooled in by Laurent Gasser (also CEO of Collabspot), Louis Nauges of Revevol, Kevin Dewalt, and 8 Capita.
11. Crayon Data (Jungle Ventures and National Research Foundation)
Crayon Data enables the average business and consumer to harness the power of big data and analytics via an easy to use and off-the-shelf solution. The Singapore-based startup has received a funding of US$ 2,590,000 from Jungle Ventures and National Research Foundation.
12. Crownonomic Media (Undisclosed investors)
Crowdonomic (CWD) is a crowdfunding platform offering a portfolio of different crowdfunding solutions uniquely adapted to the Asia market. It has received funds of an undisclosed amount from undisclosed investors.
13. DocDoc (Dave McClure, Koh Boon Hwee, and Jungle Ventures)
DocDoc is a free user-friendly platform enabling patients to search and book appointments with healthcare professionals using the website or the iOS mobile app. The Singaporean startup has received funding of an undisclosed amount from Dave McClure, Koh Boon Hwee, and Jungle Ventures.
14. Drive.SG (John Tan and Insas Berhad)
Drive.SG is an online rental marketplace dealing in automobiles. The initial seed funding of US$ 157000 was pooled in by Angel investor John Tan. Insas Berhad invested in the renting portal in the Series A of its fundraising, making it US$ 790000.
15. Dropmysite.com (GMO, Xpresso Hosting, and 500 Startups)
Dropmysite is an online product that provides an easy way to store and protect your website data and keeps it safe in case of an emergency. The company runs two websites, Dropmysite.com & Dropmyemail.com. It has been funded with US$ 250,000 by GMO, Xpresso Hosting, and 500 Startups.
16. e27 (B Dash Ventures, Pinehurst Advisors, Ardent Capital, Dan Neary, Merah Putih Incubator, and 8capita Partners)
e27 is a media company focused on growing Asia’s technology startup ecosystem. It has been funded with US$ 615,000 by B Dash Ventures, Pinehurst Advisors, Ardent Capital, Dan Neary, Merah Putih Incubator, and 8capita Partners.
17. EatAds.com (Crystal Horse Ventures)
EatAds.com is an online marketplace for buying and selling outdoor and out-of-home advertising space. It has been funded by Crystal Horse Ventures for an undisclosed amount.
18. eBUS (Jungle Ventures)
eBUS is a cloud computing software development firm that provides video content management and distribution technology for the media industry. This startup from Singapore has been funded by Jungle Ventures for an undisclosed amount.
19. Fastacash (Jungle Ventures, Spring SEEDS Capital, and Spring Singapore)
Fastacash is a global social payments platform and has developed a patent pending link generation technology. It has received a funding of US$ 4,500,000 from Jungle Ventures, Spring SEEDS Capital, and Spring Singapore.
20. FIETT (Red Dot Ventures)
Fun in Ecological Tech Textile (FIETT) offers wearable tech products to its consumers. It has been funded by Red Dot Ventures for an undisclosed amount.
21. First Meta Exchange (Media Development Authority of Singapore and Plug n’ Play)
First Meta Exchange is a virtual currency service for online games and virtual worlds. It has received a funding of US$ 501,000 from Media Development Authority of Singapore and Plug n’ Play.
22. GoCoin (Prolific Venture Capital, Owen Van Natta, Andrew Frame, Bits Angels, Mikael Pawlo, Jonathan Congodon, Ruvento, Ronnie Wee, Gary Stiffelman, David Neuman, and Bitcoinshop)
GoCoin publishes a set of merchant APIs, which is used by companies and independent software developers, for processing of Bitcoin payments. It has received a funding of US$ 2,050,000 from Prolific Venture Capital, Owen Van Natta, Andrew Frame, Bits Angels, Mikael Pawlo, Jonathan Congodon, Ruvento, Ronnie Wee, Gary Stiffelman, David Neuman, and Bitcoinshop.
23. Healint (JFDI.Asia, Shin Ryoku Trust, Sublime IP, and various private investors)
Healint is a healthcare smartphone app for use in emergency situations. It sends out alerts to the user’s loved ones and provides location tracking. JFDI.Asia, Shin Ryoku Trust, Sublime IP, and other private investors have pumped in a total of US$ 112000 for its seed fund.
24. iCarsClub (Red Dot Ventures)
iCarsClub is a car renting online portal that enables car owners to list their vehicles and monetize their idle car time, while car drivers can rent a car at an hourly or day rate. It has been funded by Red Dot Ventures with US$ 3,380,000.
25. Inverted Edge (Accel-X Pte Ltd and Singapore Research Foundation)
Inverted Edge is an online shopping platform for independent fashion designers. It has been funded by Accel-X Pte Ltd and Singapore Research Foundation with US$ 1,600,000.
26. iTwin (Innosight Ventures and Walden International)
iTwin is a USB device that makes remote file access easy and secure. It has received funding of US$ 1,790,000 from Innosight Ventures and Walden International.
27. Klinify (Spring Singapore, JFDI.Asia, and Jungle Ventures)
Klinify is a document management system that is helping private specialist clinics preserve their existing workflow and manage patient records while reducing the clinic’s need for paper processing. It has received a funding of US$ 604,000 from Spring Singapore, JFDI.Asia, and Jungle Ventures.
28. LoveByte (Crystal Horse Ventures and Ruvento)
LoveByte is a mobile app that offers a private interface for two people, allowing them to communicate and share with each other. It has received a funding of US$ 240,000 from Crystal Horse Ventures and Ruvento.
29. Luxola (GREE Ventures and TransCosmos)
Luxola is an online store for skincare and cosmetics in Southeast Asia. It has been funded by GREE Ventures and TransCosmos with US$ 10,600,000.
30. Mig33 (Accel Partners, Redpoint Ventures, Technology Venture Partners, and DCM)
Mig33, with millions of users in over 200 countries, is one of the world’s largest social entertainment platform companies. Accel Partners, Redpoint Ventures, Technology Venture Partners, and DCM have collectively pumped in a seed fund of US$ 32,400,000.
31. Mobikon Asia (Jungle Ventures and Spring Singapore)
Mobikon offers customer experience solution for restaurants via its ‘KONEKT’ platform, which is a CRM and engagement product. It has received a funding of US$ 1,700,000 from Jungle Ventures and Spring Singapore.
32. PayWhere (Red Dot Ventures and Spring Singapore)
PayWhere’s proprietary product TackThis! is a social commerce platform that empowers consumers to start an online shop on social networks easily. It has been funded by Red Dot Ventures and Spring Singapore for an undisclosed amount.
33. Pirate 3d (Red Dot Ventures)
Pirate3D is a 3D printing startup seed-funded by Red Dot Ventures. Pirate’s crowdfunding campaign for the Buccaneer amassed US$ 1,440,000 in pledges from 3,520 backers. The funding by Red Dot Ventures further increased that amount to US$ 1,920,000.
34. Rainmaker Labs (Incuvest and National Research Foundation)
Rainmaker Labs, a tech startup, offers custom mobile and web applications, CRM and Loyalty software, and Beacon development for major mobile platforms, including iOS and Android. It is a venture capital backed company with a funding of US$ 77600 (approx) from Incuvest and National Research Foundation.
35. RedMart (Eduardo Saverin from Facebook, Steve Melhuish and Jani Rautiainen from Property Guru, Meng Weng Wong from JFDI, and Wee Teng Wen, The Lo & Behold Group from Lion Rock Capital)
RedMart is a platform that enables manufacturers to bypass retailers and engage shoppers directly. The online supermarket also provides manufacturers with pioneering marketing capabilities and data analytics. They have big names like Eduardo Saverin (Facebook co-founder) and Meng Weng Wong (co-founder of incubator JFDI) on their investor list.
36. Save 22 (Crystal Horse Investments, Little Lights Capital, Nuffnang, Dropmyemail, Frenzoo, and Strategia Ventures)
Save22 is an Asian web and mobile shopping app, which is available on iOS and Android devices. The seed fund of around US$ 100000 has been provided by Crystal Horse Investments, Little Lights Capital, Nuffnang, Dropmyemail, Frenzoo, and Strategia Ventures.
37. Shopspot (Jungle Ventures, SingTel Innov8, and Kric Nalamlieng)
ShopSpot is a mobile shopping platform, which allows local, lifestyle brands and retailers to connect, engage, and sell directly to consumers. This startup from Singapore has received funds of US$ 628,000 from Jungle Ventures, SingTel Innov8, and Kric Nalamlieng.
38. Snyppit (Jungle Ventures and National Research Foundation)
Snyppit is a mobile video application that allows users to personalize and decorate short videos with stickers, frames, borders, and chat bubbles. It received a funding of US$ 521,000 from Jungle Ventures and National Research Foundation.
39. Socialwalk (Crystal Horse Ventures)
Socialwalk connects businesses to buyers, suppliers, and partners. It has been funded by Crystal Horse Ventures for an undisclosed amount.
40. Taggo (Spring Capital Partners and Jungle Ventures)
Taggo is a cloud-based marketing platform. It provides free service for merchants, sponsored by payment brands, banks, and credit card companies. The company has received funds of an undisclosed amount from Spring Capital Partners and Jungle Ventures.
41. TradeGecko (WaveMaker Labs and Golden Gate Ventures)
TradeGecko enables SME wholesalers and distributors manage their entire businesses, sales & supply chains, inventory, orders, sales, relationships, etc. WaveMaker Labs and Golden Gate Ventures have co-funded the software service with a seed fund of US$ 660,000.
42. Travelogy (Crystal Horse Ventures)
Travelogy provides infocomm and digital media solutions to the travel and hospitality industry. It has been funded by Crystal Horse Ventures for US$ 197,500.
43. VanityTrove (Incuvest)
VanityTrove is a portal for companies in the beauty and cosmetics industry to market their products to their desired target group beauty box in Asia. It has been funded by Incuvest for an undisclosed amount.
44. VaultDragon (JFDI.Asia)
VaultDragon offers web and mobile applications affordable, secure, and on-demand storage solutions. The integrated urban storage company allows users to deposit, manage, and retrieve their belongings on the go. It was funded by JFDI.Asia with US$ 91,500.
45. Voyagin (Digital Garage)
Voyagin is an online marketplace enabling users to host, discover, and book unique travel experiences in Asia. The Singaporean startup has received a funding of an undisclosed amount from Digital Garage and other investors.
If you know of a funded Singaporean startup you would want to see on this list, let us know in the comments section. We will add them to this list of startups in Singapore.
In case you are an entrepreneur / VC looking to hire startup talent for Singapore, send me a mail on waqar [at} sutrahr.com or call me on +91 922 221 3196.
