PH startup Enstack scores $3m funding to digitalise SMEs

PH startup Enstack scores $3m funding to digitalise SMEs

Cebu, Philippines. Photo by Hitoshi Namura on Unsplash

Enstack, a Philippines-based startup that provides end-to-end app to SMEs, has announced raising $3 million in its Series A funding round anchored by Skype investor Mangrove Capital Partners, per an announcement.

The investment marks Mangrove Capital’s first in Southeast Asia. Aside from Skype, the investment firm has also backed website builder Wix and three other unicorns — Walkme, K Health, and TBOL.

Edited by: Joymitra Rai

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