US-based LeadIQ raises up to $10m led by Eight Roads Ventures

LeadIQ, an enterprise SaaS company that simplifies lead management and sales prospecting processes, has raised up to $10 million in a Series A funding round led by Eight Roads Ventures, according to an announcement.

The round also saw the participation of Tim Draper of Draper Associates and angel investor Jason Calacanis’ LAUNCH Fund.

The company, headquartered in San Francisco, plans to use the funding to further invest in new product R&D and ramp up talent. Apart from the US, the company also has an office in Singapore.

Founded in 2015 by Mei Siauw and Angelo Huang, LeadIQ is a workflow centric lead data and sales prospecting SaaS platform focused on enterprise and mid-market clients. It counts TripActions, Showpad, and Sendoso among its clients.

“We are building LeadIQ to simplify the workflow of sales teams, so they can focus on meaningful and relevant activities. Every second that a rep is wasting on repetitive tasks, chasing the wrong prospect, is not only hurting their company, but our economy as well,” said Mei Siauw, CEO of LeadIQ.

Dave Ng, head of Southeast Asia at Eight Roads Ventures commented said: “Organisations need a solid sales tech stack that is integrated, where data flows seamlessly across. This is where LeadIQ makes a difference. The platform allows reps to do more and quicker, cutting down unwanted manual processes.”

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.