{"id":22931,"date":"2022-06-23T14:30:00","date_gmt":"2022-06-23T14:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/06\/23\/sleekflow-bags-usd-8m-in-series-a-funding-led-by-tiger-global-2\/"},"modified":"2022-06-23T14:30:00","modified_gmt":"2022-06-23T14:30:00","slug":"sleekflow-bags-usd-8m-in-series-a-funding-led-by-tiger-global-2","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/06\/23\/sleekflow-bags-usd-8m-in-series-a-funding-led-by-tiger-global-2\/","title":{"rendered":"SleekFlow Bags USD 8M in Series A Funding Led by Tiger Global"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        NEW YORK, US &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media OutReach<\/a> &#8211; 23 June 2022 &#8211; Following its 7-figure pre-Series A funding round last year, Alibaba Hong Kong Entrepreneurs Fund-backed SaaS omnichannel social commerce platform<a href=\"http:\/\/sleekflow.io\" rel=\"sponsored\"> <\/a><a href=\"http:\/\/sleekflow.io\" rel=\"sponsored\">SleekFlow<\/a> announced the completion of an $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 Tiger Global Partners&#8217; 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&#8217;s SleekFlow\u2019s pre-Series A round.<\/p>\n<p><figure data-width=\"100%\" align=\"center\" style=\"display: block; width: 100%; margin: 0px; padding: 0px; text-align: center;\">\n  <img alt=\"\" style=\"width: 100%; margin: 0px;\" data-src=\"https:\/\/images.media-outreach.com\/256812\/DSC01571.jpg\" class=\"lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"\/><noscript><img src=\"https:\/\/images.media-outreach.com\/256812\/DSC01571.jpg\" alt=\"\" style=\"width: 100%; margin: 0px;\"\/><\/noscript><figcaption data-display=\"none\" class=\"\" style=\"text-align: left; font-size: 16px; line-height: 24px; display: none; margin: 0px; width: 100%;\">\n<\/figcaption><\/figure>\n<p>The fresh injection of funds from the Series A round will empower SleekFlow\u2019s strategic market penetration in Southeast Asia, specifically in Singapore and Malaysia while extending Asia\u2019s success to the UK, Europe, and other emerging markets. SleekFlow will also use this investment on continued product development within fintech and analytics to uncover emerging trends in the<br \/>\n<a href=\"https:\/\/sleekflow.io\/payment-links?utm_source=pr&amp;utm_medium=elliotandco&amp;utm_campaign=prblast_june21\" rel=\"sponsored\">one-click checkout<\/a> process on popular social media platforms across all dimensions, such as centralized product listing and easy in-chat payments, etc.<br \/>\n<span lang=\"ZH-CN\"> <\/span>\n<\/p>\n<p><span lang=\"ZH-CN\">\u201cPeople nowadays spend more than 80% of their time on social platforms. It\u2019s 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 catalogue, payment solutions and order management for businesses to unlock their social commerce power and embrace this unstoppable megatrend.\u201d said Henson Tsai, Founder &amp; CEO of SleekFlow.<\/span>\n<\/p>\n<p><span lang=\"ZH-CN\">Chibo Tang, Managing Partner of Gobi Partners GBA, said, \u201cDespite 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\u2019s 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.\u201d<\/span>\n<\/p>\n<p><span lang=\"ZH-CN\">Beginning as an omnichannel social messaging platform integrating with<br \/>\n  <a href=\"https:\/\/sleekflow.io\/channels\/whatsapp-business-api\" rel=\"sponsored\">Official WhatsApp Business API<\/a>,<br \/>\n  <a href=\"https:\/\/sleekflow.io\/channels\/facebook-messenger\" rel=\"sponsored\">Facebook messenger<\/a>, and serving over 5,000 businesses globally, including luxury brands Sandro and Maje, among others. SleekFlow is set to lead the growing market for social commerce by deeply investing in more fintech products, including 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.<\/span>\n<\/p>\n<p><a href=\"https:\/\/docs.google.com\/document\/u\/0\/d\/1S87ocNxMj3H3MD3joM02BoHSKIe6s-R5NghRbAWjonc\/edit\" rel=\"sponsored\"><b>Appendix<\/b><\/a><br \/>\n<br \/><span lang=\"ZH-CN\"><a href=\"https:\/\/drive.google.com\/drive\/folders\/1_LXss4bcIUUaK5VS5SNL0E0pk0G0e7p9?usp=sharing\" rel=\"sponsored\"><b>Media kit<\/b><\/a><u\/><\/span>\n<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/united-states\/2022\/06\/23\/144643\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, US &#8211; Media OutReach &#8211; 23 June 2022 &#8211; Following its 7-figure pre-Series A funding round last year, Alibaba Hong Kong Entrepreneurs Fund-backed SaaS omnichannel social commerce platform SleekFlow announced the completion of an $8 million Series A funding round. The financing was led by top-tier New York-based investment firm Tiger Global Partners, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":22914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/22931"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=22931"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/22931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/22914"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=22931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=22931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=22931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}