Peeba operates a B2B wholesale marketplace that digitizes brand discovery, automates negotiation and client management, and pools orders to streamline logistics and shipping for retailers across Asia. The platform uses a “sell first, pay later” model and a 60-day return policy to reduce inventory risk for retailers. Peeba leverages a machine learning recommendation engine and proprietary credit-risk technology to onboard SMBs and assess retailer eligibility. The company has onboarded 25,000 retail users (10x growth year-over-year), 1,500 unique brands (3x growth), and lists more than 100,000 products on its platform. Peeba works with brands and retailers across 11 Asian markets and partners with Choco Up to enable its sell-first-pay-later payment option. With new funding, Peeba plans to double headcount, expand local offices to improve language support, and further invest in its recommendation and credit-checking technology.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2022