# Funding Societies funding: rounds and investors

> Funding Societies has raised $50M across 3 rounds since 2018. Investors include Golden Gate Ventures, Cool Japan Fund and 500 Global.

Source: https://millionrounds.com/company/funding-societies (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Funding Societies*

3 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B Fintech

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Funding summary Updated 7 Nov 2026

**$50M** raised across 3 rounds since 2018, from 3 sources

**$25M** Series B **$25M** Growth

- **Latest round:** Venture Mar 2025
- **Biggest round:** $25M Growth · Dec 2024
- **Investors:** 11 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022 2023 2024 2025

**$25M** Series B

**$25M** Growth

**?** Venture

- **First round:** Series B, $25M
- **Biggest round:** $25M
- **Usual gap between rounds:** 6.7 years

## The rounds

- **Mar 2025** Venture **Amount undisclosed** *5 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Flybridge](https://millionrounds.com/fund/flybridge) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Peak XV](https://millionrounds.com/fund/peak-xv) [HSBC](https://millionrounds.com/fund/hsbc) [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) Source recorded
- **Dec 2024** Growth **$25M** *1 new* [Cool Japan Fund](https://millionrounds.com/fund/cool-japan-fund) Lead Reported by TechCrunch
- **Apr 2018** Series B **$25M** *5 new* [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) [Line Ventures](https://millionrounds.com/fund/line-ventures) [Alpha JWC Ventures](https://millionrounds.com/fund/alpha-jwc) [Qualgro VC](https://millionrounds.com/fund/qualgro-partners) SoftBank Ventures Korea/ Sequoia India Reported by FinSMEs

## Founders and team

From Funding Societies's own website: 2 founders.

**Kelvin Teo** Co-Founder & Group CEO

**Reynold Wijaya** Co-Founder

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2018 **Growth** 2024 **Venture** 2025 [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) [Cool Japan Fund](https://millionrounds.com/fund/cool-japan-fund) L [500 Global](https://millionrounds.com/fund/500-startups) [Flybridge](https://millionrounds.com/fund/flybridge) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Peak XV](https://millionrounds.com/fund/peak-xv) [HSBC](https://millionrounds.com/fund/hsbc) [Line Ventures](https://millionrounds.com/fund/line-ventures) [Alpha JWC Ventures](https://millionrounds.com/fund/alpha-jwc) [Qualgro VC](https://millionrounds.com/fund/qualgro-partners)

## Everyone who backed them

[Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) VC firm **2** rounds

[Cool Japan Fund](https://millionrounds.com/fund/cool-japan-fund) Government **1** round, led 1

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Flybridge](https://millionrounds.com/fund/flybridge) VC firm **1** round

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round

[HSBC](https://millionrounds.com/fund/hsbc) Growth equity **1** round

[Line Ventures](https://millionrounds.com/fund/line-ventures) VC firm **1** round

[Alpha JWC Ventures](https://millionrounds.com/fund/alpha-jwc) VC firm **1** round

[Qualgro VC](https://millionrounds.com/fund/qualgro-partners) VC firm **1** round

SoftBank Ventures Korea/ Sequoia India no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=funding-societies).

## Also claim to have backed them

This firm lists Funding Societies as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[SixThirty](https://millionrounds.com/fund/sixthirty) Accelerator Per its own site

## Quick answers about Funding Societies

### Who invested in Funding Societies?

Funding Societies's investors include Golden Gate Ventures, Cool Japan Fund, 500 Global, Flybridge and Endeavor Catalyst, and 6 more on record.

### How much has Funding Societies raised?

Funding Societies has raised $50M across 3 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Funding Societies last raise?

Funding Societies's most recent round was a Venture in Mar 2025.

### What was Funding Societies's biggest round?

Funding Societies's largest round on record is $25M (Growth), in Dec 2024, led by Cool Japan Fund.

### Who backed Funding Societies first?

Funding Societies's first round on record, in Apr 2018, was backed by Golden Gate Ventures, Line Ventures and Alpha JWC Ventures and 2 others.

### What stage is Funding Societies at?

Funding Societies's latest named round is a Venture, in Mar 2025.

### Where is Funding Societies based?

Funding Societies is based in Singapore.

### Who led Funding Societies's rounds?

Cool Japan Fund led the Growth in 2024.

## Companies like Funding Societies

In the same sector, and raised in the last eighteen months.

[**Rently** $15M · Oct 2026](https://millionrounds.com/company/rently)[**IPID** $16M · Oct 2026](https://millionrounds.com/company/ipid)[**Laters.com** $1.5M · Sept 2026](https://millionrounds.com/company/laters-com)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**Baskit** $8.5M · Apr 2026](https://millionrounds.com/company/baskit)[**Tazapay** $53M · Mar 2026](https://millionrounds.com/company/tazapay)

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