TrustedCompany.com, a Hong Kong and Malaysia-based consumer reviews startup, raised $1m in Series A funding.
The round was led by Tengelmann Ventures with participation from 500 Startups and Asia Venture Group.
The company intends to use the funds to continue to accelerate product innovation, grow sales and marketing resources, expand in emerging markets in SEA and India and into Africa and Brazil.
Led by Managing Director Frederik Krass, TrustedCompany.com is an open, review-driven community that connects consumers who are planning to buy a new computer, book holidays, or take out an insurance., etc.
The company, which has 20 employees located in Hong Kong and Malaysia, saw traction in terms of usage and sales with clients such as Lenskart in India, iMoney.my or myiMart in Malaysia, Pricearea in Indonesia or Printi and HTS Latarias in Brazil.