Tech Company Financing Transactions
Capillary Technologies Funding Round
Capillary Technologies, based in Singapore, secured $45 million from Avataar Ventures, 57 Stars and Filter Capital.
Transaction Overview
Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series D
Investors
Proceeds Purpose
It plans to expand into global markets and widen its reach through mergers and acquisitions. The funding arrives at a crucial time amidst the prevailing market slowdown, where startups, particularly those at the late stage, are facing a capital crunch.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
50 Raffles Place Number 19-00 Singapore Land Tower
Singapore, 048623
SG
Singapore, 048623
SG
Phone
Undisclosed
Website
Email Address
Overview
Capillary Technologies, founded in 2012, is a technology-first company that delivers AI based cloud-native SaaS programs and solutions. A leading loyalty management and customer data platform, Capillary serves over 250 brands across 30 countries. The SaaS platform helps brands across industries digitally transform and improve consumer engagement. Acknowledged and recognized by Gartner and Forrester as a seasoned Loyalty expert, Capillary has a workforce of over 400 professionals across the globe that work towards delivering value to our clients and accelerating innovation in the field of Loyalty.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sameer Garde
Chief Technical Officer
Piyush Kumar
Co-Founder
Anant Choubey
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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