Singapore's Eezee Secures $5M Pre-Series B Funding to Accelerate AI-Powered Procurement Expansion Across Southeast Asia

Singapore-based startup Eezee has raised $5 million in a pre-Series B funding round to fuel its growth across Southeast Asia.

The oversubscribed round was led by Korea Investment Partners Southeast Asia, with participation from existing investors Kickstart Ventures and Wavemaker Ventures, alongside several strategic investors.

Eezee's AI-Driven Procurement Revolution

Eezee offers an AI-powered procurement platform specializing in enterprise tail-end spend, featuring tools like RFQBot and ProcureFlow that automate workflows and slash procurement time from days to minutes.

These solutions help customers achieve cost savings of 20% or more on long-tail, low-value purchases, addressing one of the least optimized functions in global enterprises.

Proven Track Record and Rapid Growth

Founded in Singapore, Eezee now operates in Malaysia, Indonesia, the Philippines, and recently launched in Thailand, with accelerated growth since Q1 2025.

Businesses in Indonesia and Malaysia have already reached operational profitability, demonstrating the platform's viability in diverse markets.

Ambitious Expansion and Future Outlook

The fresh capital will enable a multi-market rollout of its AI products in the first half of 2026, solidifying Eezee's presence throughout Southeast Asia.

Despite a challenging funding environment in the region marked by declining volumes and governance scrutiny, Eezee attracted strong investor demand.

CEO Logan Tan emphasized how AI advancements are reimagining procurement and supply chains stagnant for decades.

Shane Ang from Korea Investment Partners praised Eezee's execution and potential to redefine tail-end spend management.

Looking ahead, Eezee anticipates group-level profitability in the second half of 2026 amid rising market maturity and demand.

This funding underscores the transformative impact of AI on Southeast Asia's procurement sector, promising efficiency gains for enterprises region-wide.