# iLex funding: rounds and investors

> iLex has raised $7.0M across 2 rounds since 2023. Investors include QBN Capital and Loyal VC. Every round with its source.

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

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

# Who invested in *iLex*

2 rounds we have observed, with the 2 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.

Financial Services Fintech SaaS

Funding summary Updated 26 Oct 2026

**$7.0M** raised across 2 rounds since 2023, from 2 sources

**$4.5M** Pre-seed **$2.5M** Seed

- **Latest round:** Seed, $2.5M Jul 2024
- **Biggest round:** $4.5M Pre-seed · Mar 2023
- **Investors:** 2 (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.

2024

**$4.5M** Pre-seed

**$2.5M** Seed

- **First round:** Pre-seed, $4.5M
- **Biggest round:** $4.5M
- **Between rounds:** 16 months

## The rounds

- **Jul 2024** Seed **$2.5M** *1 new* [Loyal VC](https://millionrounds.com/fund/loyal-vc) Source recorded
- **Mar 2023** Pre-seed **$4.5M** *1 new* [QBN Capital](https://millionrounds.com/fund/qbn-capital) Lead Reported by Firms' own news pages

## Founders and team

From iLex's own website: 5 on the team.

- **Alexis Shearn** Office Manager
- **Ben Harper** Project Manager
- **Jonathan Leech** Associate Director
- **Paul Brazewell** Managing Director
- **Sam Whittall** Director

## 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.

**Pre-seed** 2023 **Seed** 2024 [QBN Capital](https://millionrounds.com/fund/qbn-capital) L [Loyal VC](https://millionrounds.com/fund/loyal-vc)

## Everyone who backed them

[QBN Capital](https://millionrounds.com/fund/qbn-capital) VC firm **1** round, led 1

[Loyal VC](https://millionrounds.com/fund/loyal-vc) VC firm **1** round

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

## Quick answers about iLex

### Who invested in iLex?

iLex's investors include QBN Capital and Loyal VC.

### How much has iLex raised?

iLex has raised $7.0M across 2 rounds since 2023.

### When did iLex last raise?

iLex's most recent round was a Seed of $2.5M in Jul 2024.

### What was iLex's biggest round?

iLex's largest round on record is $4.5M (Pre-seed), in Mar 2023, led by QBN Capital.

### Who backed iLex first?

iLex's first round on record, in Mar 2023, was backed by QBN Capital.

### What stage is iLex at?

iLex's latest named round is a Seed, in Jul 2024.

### Where is iLex based?

iLex is based in Singapore.

### Who led iLex's rounds?

QBN Capital led the Pre-seed in 2023.

## Companies like iLex

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

[**IPID** $16M · Oct 2026](https://millionrounds.com/company/ipid)[**Laters.com** $1.5M · Sept 2026](https://millionrounds.com/company/laters-com)[**Lyte** $190M · Sept 2026](https://millionrounds.com/company/lyte)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**Tokenz** $6.3M · Jun 2026](https://millionrounds.com/company/tokenz)[**Baskit** $8.5M · Apr 2026](https://millionrounds.com/company/baskit)

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