Business Daily Media

Men's Weekly

.

SleekFlow Bags USD 8M in Series A Funding Led by Tiger Global

HONG KONG SAR / KUALA LUMPUR, MALAYSIA - Media OutReach - 23 June 2022 - Following its 7-figure pre-Series A funding round last year, Alibaba Entrepreneurs Fund-backed SaaS omnichannel social commerce platform SleekFlow announced the completion of a USD 8 million Series A funding round.

The financing was led by top-tier New York-based investment firm Tiger Global Partners whose notable investments include Facebook, Bytedance, UiPath, Toast, and Databricks, followed by Transcend Capital and AEF Greater Bay Area Fund which is managed by Gobi Partners GBA. This round of funding is the Tiger Global Partners' second investment in a Hong Kong SaaS startup after investing in a unicorn in April last year. Alibaba Hong Kong Entrepreneurs Fund (AEF) participated in last year's SleekFlow's pre-Series A round.


The fresh injection of funds from the Series A round will empower SleekFlow's strategic market penetration in Southeast Asia, specifically in Singapore and Malaysia, while extending Asia's success to the UK and Europe, as well as other emerging markets. SleekFlow will also use this investment on continued product development within fintech and analytics to uncover emerging trends in the one-click checkout process on popular social media platforms across all dimensions, such as centralized product listing and easy in-chat payments, etc.

"People nowadays spend more than 80% of their time on social platforms. It's already a habit for us to discover products and even buy on social channels directly. The huge social commerce market potential is expected to rise to 3.37 trillion by 2028, so we are excited that SleekFlow is part of this e-commerce revolution. Other than our market expansion to the UK, EU and other thriving social commerce markets, the new fund injection will be invested in advanced product development including detailed buyer journey tracking and analytics which provide invaluable actionable insights for enterprises. With the trust we gained from Tiger Global Partners, Transcend Capital, and AEF Greater Bay Area Fund, SleekFlow strives to be the top social commerce unified hub, merging conversations, product catalog, payment solutions, and order management for businesses to unlock their social commerce power and embrace this unstoppable megatrend." said Henson Tsai, Founder & CEO of SleekFlow.

Chibo Tang, Managing Partner of Gobi Partners GBA, said, "Despite the economic downturn, the social commerce market is going stronger than ever, reaching USD 474 billion in 2021. 8 in 10 US businesses anticipate selling on social media within the next three years according to Statista. SleekFlow's innovative solutions will help these global commerce businesses meet the evolving needs of customers who are turning to social channels to purchase more than ever before."

Beginning as an omnichannel social messaging platform integrating with Official WhatsApp Business API, Facebook messenger, etc. and serving over 5,000 businesses globally, including Sandro, Maje, Bossini, Lalamove Hong Kong and PSB Academy in Singapore, SleekFlow is set to lead the growing market for social commerce by deeply investing in more fintech products, including one-click checkout and campaign automation for Instagram shops, TikTok, and live-streaming. It also aims to enhance the social buying journey holistically by upgrading the existing e-commerce integration, inventory management system, and booking system to establish an all-in-one social commerce platform.

Appendix
Media kit

The issuer is solely responsible for the content of this announcement.

News from Asia

FGA Trust Showcases Hong Kong’s Institutional Strength at 2025 Inclusion Conference on the Bund

HONG KONG SAR - Media OutReach Newswire - 12 September 2025 - FGA Trust, a licensed trustee in Hong Kong, participated in the 2025 Inclusion Conference on the Bund by the invitation of InvestHK, a...

Appier Drives GenAI-Powered Creatives Transformation with AdCreative.ai, Empowering Hong Kong Brands to Accelerate into the Agentic AI Marketing Era

HONG KONG SAR - Media OutReach Newswire - 12 September 2025 - Appier (TSE: 4180), an AI-native SaaS company specializing in AdTech and MarTech solutions, today hosted the GenAI for Marketing Asia ...

Uni-Bio Science Group and Kexing Biopharm Forge Strategic Partnership to Accelerate Global Expansion of Osteoporosis Treatment Bogutai®

Zhangqiu District, Jinan City, Shandong Province – September 2025HONG KONG SAR - EQS Newswire – 12 September 2025 - Uni-Bio Science Group ("the Group") is pleased to announce the signing of a strat...

10th Belt & Road Summit celebrates decade of business, investment and co-operation achievements

HONG KONG SAR - Media OutReach Newswire - 12 September 2025 - The 10th edition of the Belt and Road Summit in Hong Kong (September 10-11) gathered about 6 200 high-profile participants from govern...

Digital Entertainment Leadership Forum 2025 Kicks Off Today

AI-Driven Innovation Unlocks the Missing Piece in Digital EntertainmentHONG KONG SAR - Media OutReach Newswire - 12 September 2025 - The Digital Entertainment Leadership Forum 2025 (DELF 2025), Cy...

COOFANDY, EKOUAER, and Zeagoo Announce Participation in Oktoberfest 2025 with Joint Pop-Up Event at Substanz Club

MUNICH, GERMANY - Media OutReach Newswire - 13 September 2025 - COOFANDY, EKOUAER, and Zeagoo are excited to announce their participation in the 2025 Munich Oktoberfest, alongside a special off...

Coastline Wealth Management’s Garrett Taylor Named a Top New York Best-in-State Wealth Advisor

LONG ISLAND, US - Media OutReach Newswire - 13 September 2025 - Garrett Taylor, CRPC®, Founder and Managing Partner of Coastline Wealth Management, has earned a place on Forbes' 2025 Best-in-State...

China Telecom Global Showcases at the 10th Belt and Road Summit, Paving the Way for a Smarter Silk Road Future

HONG KONG SAR - Media OutReach Newswire - 13 September 2025 - The 10th Belt and Road Summit was successfully held at the Hong Kong Convention and Exhibition Centre from September 10 to 11, 2025...

IVD Medical Holding Limited and ETHK Group Establish Joint Venture, On-Chain Financial Strategy Upgraded On September 14

NEW YORK, US - Media OutReach Newswire - 14 September 2025 - IVD Medical Holding Limited (01931.HK) released an announcement stating its collaboration with ETHK Group, a global on-chain financial ...

IVD Medical Holding Limited Releases "ETHK" Ecosystem Vision: Technology for the Public, Chain for the Way On September 14

NEW YORK, US - Media OutReach Newswire - 14 September 2025 - IVD Medical Holding Limited (01931.HK) officially announced its name change. Its English name was changed to "ETHK Labs Inc...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

Sell by LayBy