With US$5.2M in funding, Singapore’s Alpha7 sets to accelerate international expansion

Anisa Menur
[Updated] With US$5.2M in funding, Singapore’s Alpha7 sets to accelerate international expansion

Alpha7 is currently looking for investors to support their regional expansion plan to Malaysia, Indonesia, and Thailand

Singapore-based cloud company Alpha7 today announced that it has raised a total of US$5.2 million in private funding to date, following a US$2.7 million seed funding round the company has raised previously.

e27 has reached out to the company to find out more details about their latest funding round and funding history.

In a press statement, the startup said that it is currently looking for investors to support their regional expansion plan to Malaysia, Indonesia, and Thailand. It has also secured clients in Singapore, Australia, and Europe.

Founded in 2014 by CEO Lynette Seah, Alpha7 aims to promote the use of cloud and digital tech to business owners, entrepreneurs and CXOs to help them grow their businesses.

Also Read: Google to invest US$350M to build third data centre in Singapore to expand cloud platform capabilities

It described its service as a “COO-as-a-service.”

The startup has launched its digital dashboard A7 IoB (A7 Internet of Business) in August 2017. The platform enables business owners to view their business data (on marketing, sales, operations, finance and HR) in just one place. It can also be used by enterprises to provide services for their SME clients.

The platform has already been customised for a tech partner in Sweden and Alpha7 is working on getting exclusive terms to collaborate with the company in Europe.

It claimed to have 500 users online.

The startup said it is working with a “Singapore business accelerator that is a joint venture between top Asian bank” and a “government-backed venture capitalist fund under the National Research Foundation of Singapore” to help SMEs embrace digital technology.

Image Credit: Alpha7

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