Eko Raises $20M in Series B Funding

ekoEko, a Bangkok, Thailand-based provider of a collaboration and communications platform for businesses with a mobile workforce, raised $20m in Series B funding.

The round was led by SMDV, with participation from AirAsia’s digital investment arm, RedBeat Ventures, Gobi Partners, East Ventures and existing shareholders.

The company intends to use the funds to accelerate expansion in Europe and North America.

Led by Korawad Chearavanont, CEO & Founder, Eko provides an internal communication and operations platform for companies with distributed teams and a mobile-first workforce. It provides users with a host of functionality, including communications, business process management (workflows), project management and knowledge management. The system also provides numerous APIs that allow for the integration of legacy systems and bots.
The app is currently available in English, Thai, German, Dutch and French, with plans to expand to Scandinavia, Spain, Italy, Latin America, Australia and Canada in the first quarter of 2019.

The company, which will be opening a new global commercial headquarters in Chancery Lane, London, as well as offices in Amsterdam and Berlin, currently has 500,000 monthly users across sectors including retail, hospitality, banking, and other service-based industries.



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