SE Asia Digest: PH startup Resellee raises $1m; SG’s Safe Space bags $250k

Resellee team.

Resellee, a Philippine-based social e-commerce platform, has secured $1 million in seed funding while Singapore’s digital mental healthcare provider Safe Space has raised $250,000.

PH social e-commerce startup Resellee secures $1m

Resellee, a social e-commerce mobile app and platform in the Philippines, announced raising $1 million in a seed funding round backed by Mintech Enterprises and Hofan Capital, an early-stage tech incubator and investor.

The startup said it will use the fresh capital to enhance its products with new app features, such as group buying, artificial intelligence, and microfinancing, among others. The fund will also be used for Resellee’s marketing efforts and supply chain innovation.

Resellee allows Filipinos to easily buy and sell products through their network of friends on social media without having to keep inventory.

The startup, founded by Marc Concio, currently has hundreds of products on its platform, ranging from fresh produce, fruits, vegetables, prepaid load, fashion, electronics, grocery products, among others.

SG’s Safe Space raises $250k seed funding

Safe Space, a Singapore-based B2B2C digital mental healthcare provider startup, announced raising $250,000 through FundedHere, an equity crowdfunding platform licensed by the Monetary Authority of Singapore.

The startup said it secured a large percentage of the seed round from the personal capacity of the founder of pan-Asian private equity fund manager Tembusu Partners, Andy Lim, through the crowdfunding platform.

Launched in March 2019, Safe Space connects individuals to psychologists, psychotherapists, and counsellors. With the successful seed round, the startup said it will now be able to scale its new freemium corporate program globally by the end of 2021.

“Workplace mental well-being will be one of our top priorities going into 2021. Safe Space’s vision is to make digital mental healthcare and education accessible and comprehensive to businesses of all sizes,” Antoinette Patterson, the company’s founder, said.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.