Singapore’s Corporate360 raises $200k seed capital

Visual from company homepage

Corporate360, a Singapore-based B2B marketing data software provider launched in 2012, announced that it had raised $200,000 in its seed funding cycle.

This injection of funds will support a new product launch – a SaaS B2B marketing campaign tool – and heavier payroll demands, which are driven by the expansion of its data science and sales teams.

Offering cloud-based B2B marketing data software for B2B marketers and Big Data analytics uses, the company had initial revenue of $250,000 in 2012 that grew to reach a million dollars in 2014. Its client portfolio of 300 global customers includes, multinational corporates (MNCs) like, Dell, HP and VMware.

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Varun Chandran, CEO and founder, explained: “Our primary strategy is to maximise market traction and reinvest in continuous innovation of our products. We pitched to nine VCs, and got three term sheets. We have multi-year SaaS contracts running for the next two to four years with a strong pipeline. Discussions are under way on one offer to review the second half of this year for Series A round.”

Currently operating across five countries, including India, 360 has ordered the construction of a 50-people technology park in South Indian state of Kerala. This will enable savings on operating costs and increase company assets in the long term, as well as help support employee requirements and innovation plans.

Currently, the team consists of 30 employees and nine contractors. It’s currently opened talks with 10 engineering colleges and is partnering with the ICT Academy of Kerala for campus drives.

In 2015, it plans to recruit 20 engineers and 50 interns across Singapore and India.

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.