Sleek, a Singapore, cloud-based corporate service provider, announced the extension to USD5M of its seed funding round.
The round was led by private investors Pierre Lorinet and Fabio Blom, and MI8, an Asia focused European backed private investment company. Pierre will take a seat at the Sleek board of directors. Other investors include Martin Crawford, former Group CEO of corporate services giant Vistra; Olivier Gerhardt, Founder of Wavecell; Eric Barbier, Founder of TransferTo; Olivier Legrand, MD Asia at Linkedin; and Stem Financial, a Hong Kong based private investment firm.
The company intends to use the funds to expand its tech team to accelerate the development of new features, increase the operational capability, and accelerate its development in Hong Kong.
Co-founded by Adrien Barthel (CGO) and Julien Labruyere (CEO), Sleek incorporates companies in Hong Kong and Singapore, and helps them manage their governance, accounting and tax matters using technology.
Since launching in September 2017, the company has grown to 85 staff and onboarded more than 2,000 companies. The client base ranges from local startups, subsidiaries of MNCs to private equity/venture capital funds and family offices.