Tech Company Financing Transactions

Honestbee Funding Round

On 10/22/2015, Honestbee received $15 million in financing from Formation 8, private investors and Pear VC.

Transaction Overview

Company Name
Announced On
10/22/2015
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors

Formation 8 (Lead Investor) (Brian Koo)

private investors (Gideon Yu)

private investors (Owen Natta)

private investors (Steve Chen)

Pear VC

Proceeds Purpose
To drive this growth, honestbee has expanded its team to almost 100 people in just eight months, and continues to aggressively scout and hire the best talent from around the world. With aggressive plans to expand across Asia, honestbee expects to be in at least six other Tier 1 cities by June 2016.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2 Alexandra Rd. Delta House 04-01B
Singapore, 159919
Singapore
Phone
Undisclosed
Email Address
Overview
honestbee - Asia s leading online grocery service. Get the freshest selection, delivered at your preferred hour with our quality assurance. Stores: FairPrice, Cold Storage and more!
Profile
Honestbee LinkedIn Company Profile
Social Media
Honestbee Company Twitter Account
Company News
Honestbee News
Facebook
Honestbee on Facebook
YouTube
Honestbee on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joel Sng
  Joel Sng LinkedIn Profile  Joel Sng Twitter Account  Joel Sng News  Joel Sng on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/22/2015: AMPY venture capital transaction
Next: 10/22/2015: Insureon venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on tech company VC transactions. All VC database entries reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary