<article>Singapore-based corporate services provider Sleek has raised $14 million in a Series A funding round led by White Star Capital and Jungle Ventures, according to an announcement on Tuesday.</article>

Singapore-based corporate services provider Sleek has raised $14 million in a Series A funding round led by White Star Capital and Jungle Ventures, according to an announcement on Tuesday.
The latest funding brings the total capital raised by Sleek to $24 million. The startup said it will use the proceeds from the Series A round for tech and product development, hiring and expansion.
This is White Star Capital&#8217;s second Southeast Asia investment from its $360 million third fund, which was closed in October. The fund had earlier backed Singapore-based Flash Coffee.
DealStreetAsia had <a href="https://www.dealstreetasia.com/stories/data-vantage-cloud-services-edtech-267113/" target="_blank" rel="noopener">reported the funding in October</a> based on a regulatory filing.
Founded in 2017 by Labruyere and Adrien Barthel in Singapore, Sleek offers a back-end operating system for startups and small businesses. It enables foreign companies to get incorporated in Singapore and Hong Kong while managing their governance, accounting, and tax matters remotely.
The startup claims to manage a portfolio of over 5,000 companies that collectively generate about $700 million in revenue. It has expanded beyond Singapore and Hong Kong to Australia, the UK, and the Philippines.
&#8220;We are very excited to partner with White Star Capital and Jungle Ventures as we are expanding our services and entering two new markets &#8211; Australia and the United Kingdom,&#8221; said Sleek co-founder Julien Labruyere in a statement.
Sleek has acquired Ltd Companies, a market leader in UK incorporation management that has catered to more than 450,000 companies since its inception in 2005. Financial terms of the deal were not disclosed.
The company announced in February that <a href="https://www.dealstreetasia.com/stories/hines-sleek-capital-group-228866/" target="_blank" rel="noopener">former UOB senior vice-president Pauline Sim has joined its team</a> as the head of fintech and strategic partnership, manning the development of financial services and digital solutions at the company.
Sleek competes with other companies focused on helping SMEs with administrative burdens such as Osome, Lanturn, and BlueMeg.
Osome, another Singapore-based startup that helps digitize accounting and compliance services for SMEs, <a href="https://www.dealstreetasia.com/stories/osome-16m-series-a-245346/" target="_blank" rel="noopener">raised $16 million in a Series A funding round in June</a>.

The startup said it will use the proceeds from the Series A round for tech and product development, hiring and expansion. 

White Star, Jungle Ventures lead Sleek's $14m Series A funding

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White Star, Jungle Ventures lead Sleek's $14m Series A funding

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