StoreHub set for SEA expansion after securing US$8.9M in Series A+ round
by e27 2020-01-16
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source: e27

Malaysian tech startup StoreHub has raised US$8.9 million in a Series A+ funding round led by its existing investor Vertex Ventures Southeast Asia and India, with participation from Accord Ventures and a private family office.


The company had previously raised US$5.1 million in its Series A round, bringing its total raised funding to US$14 million.


The newly added capital will be used to support “aggressive growth and expansion” within Southeast Asia’s growing e-commerce industry.


StoreHub is a cloud-based platform which enables restaurants and retail entrepreneurs across Southeast Asia to “automate the growth of their revenue and customer base”, thus helping clients to improve the efficiency of their operating system.


StoreHub is a cloud-based platform which enables restaurants and retail entrepreneurs across Southeast Asia to “automate the growth of their revenue and customer base”, thus helping clients to improve the efficiency of their operating system.