Singapore · 
Who invested in Pencil?
Pencil's investors include Wavemaker Partners, Entrepreneur First and SGInnovate.
2020
$1.1MSeed$2.8MSeedSingapore · Seed startup
Who invested in Pencil
2 rounds we have observed, with the 3 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.
Funding summaryUpdated 26 Oct 2026
$3.9Mraised across 2 rounds since 2019, from 2 sources
$1.1MSeed$2.8MSeed
- Latest round
- Seed, $2.8MMay 2020
- Step-upi
- 2.5×
- Investors
- 3 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $1.1M May 2019
- Biggest round
- $2.8M Seed · May 2020
- Between rounds
- 12 months from the last two
The rounds
- May 2020
- May 2019
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Pencil
How much has Pencil raised?
Pencil has raised $3.9M across 2 rounds since 2019.
When did Pencil last raise?
Pencil's most recent round was a Seed of $2.8M in May 2020.
What was Pencil's biggest round?
Its most recent round, $2.8M in May 2020, is also its largest on record.
Who backed Pencil first?
Pencil's first round on record, in May 2019, was backed by Wavemaker Partners, Entrepreneur First and SGInnovate.
What stage is Pencil at?
Pencil's latest named round is a Seed, in May 2020.
Where is Pencil based?
Pencil is based in Singapore.
Who led Pencil's rounds?
Wavemaker Partners led the Seed in 2019.
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