Funding

[Funding alert] Meiro Raises $3 Million in Pre-Series A Round Funding

Jan 16, 2024 | By Startup Rise EU

Meiro Raises $3 Million in Pre-Series A Round Funding. Leading Southeast Asian venture capital firm Wavemaker Partners is leading the fundraising, with participation from angel investors at Singapore's Angel Central.

Meiro Raises $3 Million in Pre-Series A Round Funding. Leading Southeast Asian venture capital firm Wavemaker Partners is leading the fundraising, with participation from angel investors at Singapore's Angel Central.

After strong self-funded organic growth and profitability for five years, Meiro is launching its first strategic fundraising round today.

Meiro Co-founder and CEO Jana Marlé-Zizková, “We are thrilled to have gained the trust of some of the best brands in Southeast Asia after years of building a sustainable business.We are excited and appreciative of the opportunity to partner with the region’s most respected VC funds, Wavemaker Partners, and the Angel Central group. In choosing our partners, we prioritised synergy in values, the chemistry between the teams, and their deep understanding of our B2B enterprise software industry.”

Marlé-Zizková said, “While we have always been self-sufficient, this investment will help us address market demand, accelerate the development of our product and business, and strengthen our presence in the international markets while we have a competitive advantage.”

Paul Santos, Managing Partner at Wavemaker Partner, Meiro’s precision “We’re thrilled to partner with them as they enter a new chapter and expand to new markets in Southeast Asia, Europe, as well as the Middle East. Moreover, we’re impressed by how the company has bootstrapped its way to winning contracts from major global enterprises like BCA, Chemist Warehouse, Societe Generale, Dr Max Group, and DER Touristik despite stiff competition from better-funded competitors.”

Pavel Bukowski, Chief Product Officer and co-founder of Meiro, stated: “I believe that with the growth of our team, we will be able to fulfil new tasks and ambitions more effectively. In 2024, we plan to complete the integration of additional communication channels and build GenAI use cases into our platform. We will also introduce a brand new product.”

The financing will quicken the Hacompany's rate of expansion. The company wants to increase its yearly income and expand from 50 to 70 employees. Meiro wants to strengthen its staff, accelerate product development, and increase its footprint in Southeast Asia and Europe. It also has locations in Central Europe.

Read also - London-based Fintech Company Carmoola Secures 15.5M in Equity Funding

About Meiro

In 2018, Czechs Pavel Bukowski, Jana Marlé-Zizková, and Vojtěch Kurka—all of whom had worked as data consultants for Southeast Asian businesses—founded Merio.

Read also - Berlin-based Startup Pliant Raises €8 Million in Series A Round Funding

With its headquarters located in Singapore, the company enables brands to interact more deeply and effectively with their target audience, hence increasing marketing efficacy and optimising return on investment.

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