Led · Equity · May 2020

GoBear began in 2015 as a metasearch engine and has transitioned into a consumer financial services platform. Its core offerings are an online financial supermarket (evolved from its aggregator/comparison service), an online insurance brokerage, and a digital lending business, which it expanded by acquiring consumer lending platform AsiaKredit. The platform is available in seven Asian markets: Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, and it works with over 100 financial partners. GoBear says its platform has been used by over 55 million people to search for more than 2,000 personal financial products. Financially, the company has been gross margin positive since the end of 2019; its online insurance brokerage has grown average order value by 52% over the last three months, and its loan products have seen 50% year-over-year growth. The company recently added three senior executives — Valeriy Gasratov (CTO), Jinnee Lim (Chief Strategy Officer) and Mike Singh (Chief Lending Officer) — and plans to use new funding to expand its consumer financial services offerings and partnerships with financial institutions. GoBear is a Singapore-based financial supermarket that provides consumers with know‑how, tools and comparison access to more than 1,800 personal finance products. The platform partners with banks, insurance providers and other financial institutions, including Allianz Worldwide Partners, Citibank, FWD Insurance and Standard Chartered Bank. Led by CEO Adrian Chng, GoBear has served more than 40 million users across Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The company plans to use newly raised funds to drive growth through product and technology enhancements, expand its partner network and fill key roles. GoBear raised US$80m in funding from strategic backers. The capital is intended to accelerate expansion and platform development across its markets.

Led · Series B · Jun 2018

Cleeng builds a scalable video e-commerce platform and APIs for broadcasters to sell live and on-demand SVOD and pay-per-view content. Its platform includes advanced analytics that give broadcasters a 360° view of the end-user journey to support data-driven decisions. The company’s customers include Tier‑1 broadcasters and media brands such as Foxtel, Sinclair Broadcast Group, Sky News, France Télévisions, Feld Entertainment, Golden Boy Promotions, NHRA, and McFit/Cyberobics. Cleeng plans to use new funding to expand sales and marketing, broaden its partner network, and invest further in R&D and product development. The company is hiring talent to support rapid team expansion and strengthen its product and commercial capabilities. Founded in 2011 and based in Amsterdam, Cleeng positions itself as a leader in direct-to-consumer video strategies for broadcasters. Cleeng provides a video e-commerce platform that safeguards and monetises live concerts, sporting events and conferences for leading brands and partners with major online video platforms. Its technology handles hundreds of thousands of transactions per hour and is used by clients including FIFA/Sportmax TV, Dailymotion, and Cirque du Soleil, and is recommended by OVPs such as Brightcove, Livestream, Ustream, Kaltura, Globecast and Ooyala. The company has recorded more than 500,000 user accounts across 172 countries and reported 2.5x year‑on‑year Q1 revenue growth. Cleeng says more than half of its business is in the US and plans to accelerate sales development and international expansion there. The business pivoted toward video e-commerce and positions itself as a market leader, citing high-profile live monetizations such as the Mayweather‑Pacquiao fight. The Series A proceeds will be used to scale platform infrastructure and support the company’s international growth and product development. Cleeng provides a platform that protects access to digital content across computers, smartphones, tablets and other devices, enabling publishers to implement partial paywalls and membership areas. The product supports monetization models including pay-per-view, subscriptions, metered paywalls, coupons, and user-data questionnaires. It is used to safeguard live concerts, sporting events, conferences, video content and traditional online publications. The company announced a $511,600 funding round that will be used to fuel expansion into the US. Cleeng was launched in 2011 and is headquartered in Amsterdam, Netherlands, with satellite offices in France, Poland, and Texas. The article does not disclose additional financial metrics such as revenue or user counts.