SCI Ecommerce Valuation, Funding & Investors

SCI Ecommerce is valued at $235M as of May 2022.

Last SCI Ecommerce valuation

$235M

Series A · May 2022

Last SCI Ecommerce funding round

$32M

Undisclosed stage · Jan 2026

Cumulative funding SCI Ecommerce raised

$108M

across 4 funding rounds

Key investors in SCI Ecommerce

  • Asia Partners Fund Management
  • EDBI
  • Concentric Equity Partners
  • Jubilee Capital Management
  • A. Soriano
  • George Raymond Zage

SCI Ecommerce Overview

About SCI Ecommerce

SCI Ecommerce is a provider of digital commerce software platforms tailored for vertical markets, enabling operational efficiency and multicultural e-commerce execution. Headquartered in Vancouver, Canada, the company delivers solutions for robust growth, including data-driven marketing campaigns, custom online storefronts, and content production services. SCI Ecommerce supports global brands with user-specific targeting and high-quality multimedia aligned to business branding objectives.


Founded

2011

HQ

SingaporeSingapore

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$235M (May 2022)

SCI Ecommerce Valuation

SCI Ecommerce is currently valued at $235M, based on its Series A in May 2022.

The $10M round was led by Asia Partners Fund Management.

SCI Ecommerce's valuation has grown 1.0x from $226M at its undisclosed-stage round in May 2021 to $235M in May 2022, across 2 priced rounds.

SCI Ecommerce valuation by funding round

SCI Ecommerce valuation by funding round
DateStageValuation
May 2022Series A$235M
May 2021Undisclosed stage$226M

SCI Ecommerce Funding History

SCI Ecommerce has raised a total of $108M across 4 funding rounds.

SCI Ecommerce's first fundraising round was a $38M undisclosed-stage round in May 2021. The most recent completed round was a $32M undisclosed-stage round in January 2026.

SCI Ecommerce funding rounds

SCI Ecommerce funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2026Undisclosed stageAsia Partners Fund Management (lead); Sentient Enablers Holdings; George Raymond Zage; EDBI$32M-SCI Ecommerce Pte. Ltd. is a Singapore-headquartered e-commerce enablement company serving iconic consumer brands with an integrated business model. In July 2021, it closed a funding round totaling SGD 88 million, including a second tranche of SGD 38 million (approximately US$38M or nearly $32M as reported variably), led by Asia Partners Fund Management with participation from EDB Investments Pte. Ltd. (EDBI), A. Soriano Corporation, and Financial Investments Corporation. This marked the company's first large institutional equity investment, as stated by CEO Joseph Liu Jiannan. The company planned a US IPO by end-2021 targeting a $1 billion market valuation, though no confirmation of execution is in sources. No details on use of funds, traction metrics like revenue or ARR, or EBITDA near any round date. No evidence of a 2026 funding round matching the specified investors including George Raymond Zage and Sentient Enablers Holdings.
May 2022Series AAsia Partners Fund Management (lead)$10M$235M-
Jul 2021Undisclosed stageEDBI (lead); Concentric Equity Partners; A. Soriano$28M-SCI Ecommerce is a Singapore-based e-commerce software company providing end-to-end e-commerce enablement services to help cross-border corporations sell products on Southeast Asian platforms like Shopee, Lazada, Qoo10, and ezbuy, as well as social media channels. It serves over 200 global and local consumer brands including Unilever, Danone, Stanley Black & Decker, Abbott, and Nestle, managing around 6,000 online shops across Singapore, Indonesia, Malaysia, China, and Thailand. The company doubled its revenues from 2019 to over $100M in 2020, achieving more than 140% year-on-year growth, with revenues growing over 75x in the past three years, and has been cash-flow positive since 2019. In 2021, SCI Ecommerce raised $27.9M (SGD 37.53M) in an extended funding round with participation from EDBI (lead), FIC, and A. Soriano Corp, described as a new strategic investment by EDBI, the fastest growing e-commerce solution provider in Southeast Asia. The funding supports expansion across Asia amid a booming e-commerce market growing at a 22.9% CAGR, expected to reach $16.2T by 2027, accelerated by Covid-19. SCI ranked third fastest growing on Financial Times' 2021 Asia Pacific list and the fastest e-commerce enabler. Later, revenue doubled to US$478.9M in 2022 with US$3.5M net profit, and it mulled an IPO at a $1 billion target valuation.
May 2021Undisclosed stageAsia Partners Fund Management (lead); Jubilee Capital Management$38M$226MSCI Ecommerce Pte. Ltd., a Singapore-based e-commerce company, raised SGD 50 million (approximately US$38 million) in an equity funding round on May 4, 2021, led by Asia Partners Fund Management Pte. Ltd., with the first tranche already received. The round was completed at a post-money valuation of around $225.8 million (SGD 302.84 million). Asia Partners' US$384 million debut fund, the largest in Southeast Asia's history at the time, backed this investment. The funding supports SCI Ecommerce's growth in the e-commerce sector amid booming regional digital economy activity. The company had plans for a US IPO by the end of 2021, indicating ambitions for expansion. This round aligns with heightened PE/VC activity in Southeast Asia in 2021, where technology sectors drove significant investments totaling billions, as seen in regional reports. Singapore alone saw US$16.5 billion in PE/VC transactions, dominated by tech deals.

Who has invested in SCI Ecommerce?

7 investors have backed SCI Ecommerce across its funding rounds, including Asia Partners Fund Management, EDBI, Concentric Equity Partners, Jubilee Capital Management, A. Soriano and George Raymond Zage.

Lead investors include Asia Partners Fund Management and EDBI.


SCI Ecommerce Investors

Investors in SCI Ecommerce by funding rounds participated
InvestorHQRoundsRoleFirst check
Asia Partners Fund ManagementSingaporeSingapore3LeadMay 2021
EDBISingaporeSingapore2LeadJul 2021
Jubilee Capital ManagementSingaporeSingapore1ParticipantMay 2021
Sentient Enablers Holdings--1ParticipantJan 2026
George Raymond ZageSingaporeSingapore1ParticipantJan 2026

This data is available for Pro users. Sign up to see all 7 SCI Ecommerce investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by SCI Ecommerce

SCI Ecommerce has acquired 1 company to date.

Last acquisition by SCI Ecommerce was on June 9th 2025. SCI Ecommerce acquired SEAI Technologies for undisclosed valuation.


Latest Acquisitions by SCI Ecommerce

SEAI Technologies
Description
SEAI Technologies is a provider of tailored artificial intelligence systems addressing enterprise challenges in predictive maintenance, customer analytics, and operational optimization. Based in India, it deploys computer vision models and natural language processing engines customized for manufacturing, retail, and logistics sectors. The firm integrates solutions with existing cloud platforms like AWS and Azure for scalable deployments.
HQ CountrySingapore
HQ City
Singapore
Deal Date9 Jun 2025
Valuationundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all SCI Ecommerce acquisitions and their M&A valuation multiples.

Start Free Trial

SCI Ecommerce Competitors

SCI Ecommerce competitors include listed companies like A2Z Cust2Mate and BASE, and private ones like Bolt, RightHand Robotics, Everlyn and OpenNode.

Public and private companies comparable to SCI Ecommerce
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
BoltUnited StatesSan Francisco, CAPrivate$2.3B-$270M-
RightHand RoboticsUnited StatesBoston, MAPrivate--$240M-
A2Z Cust2MateCanadaCanadaPublicly listed$8M($35M)$249M7.4x
Everlyn--Private--$250M-
BASEJapanJapanPublicly listed$133M$11M$251M0.8x
OpenNodeUnited StatesLos Angeles, CAPrivate--$220M-

SCI Ecommerce Public Comps

SCI Ecommerce is still privately-owned, but its public comps include Youzan Technology, Fonix, Fast Finance Pay, Capital B, DANAL, A2Z Cust2Mate, BASE, Wewards, Tyro Payments and 91APP.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Youzan Technology$222M$24M0.6x-5.9x-
Fonix$98M$20M2.0x1.8x9.9x8.9x
Fast Finance Pay------
Capital B$13M($5M)6.6x6.6x(15.9x)(15.7x)
DANAL$164M($33M)2.3x2.3x(11.3x)33.3x
A2Z Cust2Mate$8M($35M)25.9x7.4x(5.8x)(14.3x)
BASE$133M$11M0.8x0.8x10.3x9.8x
Wewards-($77K)--(2932.9x)-

This data is available for Pro users. Sign up to see all SCI Ecommerce competitors and their valuation data.

Start Free Trial

Common questions about SCI Ecommerce

When was SCI Ecommerce founded?SCI Ecommerce was founded in 2011.
Where is SCI Ecommerce headquartered?SCI Ecommerce is headquartered in Singapore, Singapore.
Is SCI Ecommerce publicly listed?No, SCI Ecommerce is a private, VC-backed company.
What is SCI Ecommerce's valuation?SCI Ecommerce was last valued at $235M in its Series A in May 2022.
How much funding has SCI Ecommerce raised?SCI Ecommerce has raised $108M across 4 funding rounds.
What was SCI Ecommerce's last funding round?SCI Ecommerce's last funding round was a $32M undisclosed-stage round in January 2026, led by Asia Partners Fund Management.
Who are SCI Ecommerce's investors?SCI Ecommerce's investors include Asia Partners Fund Management, EDBI, Jubilee Capital Management, Sentient Enablers Holdings, George Raymond Zage, Concentric Equity Partners and A. Soriano.
Which companies are comparable to SCI Ecommerce?Companies comparable to SCI Ecommerce include Bolt, RightHand Robotics, A2Z Cust2Mate, Everlyn, BASE and OpenNode.
How many companies has SCI Ecommerce acquired?SCI Ecommerce has acquired 1 company, including SEAI Technologies.

See companies similar to SCI Ecommerce

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial