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- SCI Ecommerce
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| May 2022 | Series A | $235M |
| May 2021 | Undisclosed 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Undisclosed stage | Asia 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 2022 | Series A | Asia Partners Fund Management (lead) | $10M | $235M | - |
| Jul 2021 | Undisclosed stage | EDBI (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 2021 | Undisclosed stage | Asia Partners Fund Management (lead); Jubilee Capital Management | $38M | $226M | SCI 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | May 2021 | ||
| 2 | Lead | Jul 2021 | ||
| 1 | Participant | May 2021 | ||
| -- | 1 | Participant | Jan 2026 | |
| 1 | Participant | Jan 2026 | ||
This data is available for Pro users. Sign up to see all 7 SCI Ecommerce investors. Start Free Trial | ||||
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Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | Singapore |
| Deal Date | 9 Jun 2025 |
| Valuation | undisclosed |
| 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $2.3B | - | $270M | - | ||
| Private | - | - | $240M | - | ||
| Publicly listed | $8M | ($35M) | $249M | 7.4x | ||
| -- | Private | - | - | $250M | - | |
| Publicly listed | $133M | $11M | $251M | 0.8x | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $222M | $24M | 0.6x | - | 5.9x | - | |||
| $98M | $20M | 2.0x | 1.8x | 9.9x | 8.9x | |||
| - | - | - | - | - | - | |||
| $13M | ($5M) | 6.6x | 6.6x | (15.9x) | (15.7x) | |||
| $164M | ($33M) | 2.3x | 2.3x | (11.3x) | 33.3x | |||
| $8M | ($35M) | 25.9x | 7.4x | (5.8x) | (14.3x) | |||
| $133M | $11M | 0.8x | 0.8x | 10.3x | 9.8x | |||
| - | ($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. |
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