Dedoco, a Singapore-based provider of digital DMaaS (Document Management as-a-Service) that is built on blockchain technology, raised USD3M in funding.
The round was led by True Global Ventures 4 Plus Fund.
The company intends to use the funds to accelerate growth and its business reach.
Founded in 2020 by Daphne Ng and Dr Ernie Teo, Dedoco is a digital DMaaS (document management as-a-service) platform built on blockchain technology that focuses on data privacy, document security and provides customers across a range of sectors with trusted, verifiable and connected documents.
Within the last 12 months, the company embarked on its international expansion and now has presence in Australia, Singapore, Malaysia, Thailand and with its sights set on new markets this year, including US. Its current clients and partners span over 150 across government, banks, financial institutions, real estate, professional services and technology platforms. They range from organizations like the Government Technology Agency of Singapore, ERA Real Estate, accounting firm Nexia TS, amongst others. In Singapore, the platform also offers “Sign with SingPass” digital signing service as an option for organizations that require trusted digital identity with secure signing such as for Know-Your-Customer (KYC) processes.
FinSMEs
27/05/2022