Klub, a Singapore and Bengaluru-based revenue-based financing platform, raised $20 Million in a Seed Round in a mix of equity and debt.
The round was led by existing investors 9Unicorns and Sequoia Capital India’s accelerator program Surge. New investors Alter Global and Japan's GMO Venture Partners also participated in this round.
Klub will utilize the capital to expand its team, accelerate the development of its tech and data platform and expand its product offerings and market segments.
Company: Klub Works Pvt. Ltd.
Raised: $20.0M
Round: Seed Round
Funding Month: August 2021
Lead Investors: 9Unicorns, and Sequoia Capital India’s Surge
Additional Investors: Alter Global (US) and GMO Venture Partners (Japan)
Company Website: https://klubworks.com
Software Category: Fintech platform
About the Company: Bengaluru, Karnataka-based Klub, was founded with the vision of revolutionizing growth capital for Asia’s most loved brands. Klub is a team of fintech, investment banking, venture capital, and technology veterans who bring a founder-first mindset. Klub investment platform utilizes financial innovation, community engagement, and deep data-driven analytics to provide skin-in-the-game growth capital to entrepreneurs of much-loved brands across sectors.
Source: https://yourstory.com/2021/08/revenue-based-financing-startup-klub-raises-seed-round/amp