Eezee has secured US$5 million in an oversubscribed pre-Series B round, as the Southeast Asia (SEA)-based procurement platform accelerates regional expansion and deepens investment in AI-driven software.
The funding round was led by Korea Investment Partners Southeast Asia, with existing backers including Kickstart Ventures and Wavemaker Ventures doubling down on their support.
Several strategic investors also participated. The fresh capital will enable Eezee to strengthen its presence across the region and further develop its AI-powered procurement tools, RFQBot and ProcureFlow.
Founded to address inefficiencies in enterprise tail-end spend, Eezee focuses on digitising and automating long-tail, low-value purchases that are often handled manually and remain highly fragmented. The company said its platform reduces procurement cycles from days to minutes, helping customers achieve cost savings of 20 per cent or more.
As part of its growth strategy, Eezee has officially launched operations in Thailand, adding to its footprint in Singapore, Malaysia, Indonesia and the Philippines. The regional push comes amid a more cautious funding climate for SEA’s startups, marked by declining investment volumes and heightened scrutiny around governance and fraud. Against this backdrop, Eezee said the round was oversubscribed, reflecting sustained investor confidence.
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Since the first quarter of 2025, Eezee said its growth has accelerated quarter by quarter. Its operations in Indonesia and Malaysia have reached operational profitability, while RFQBot and ProcureFlow AI are undergoing a multi-market rollout in the first half of 2026.
Logan Tan, CEO and co-founder of Eezee, said procurement and supply chain workflows have changed little over the past four decades. “Recent advances in AI now make it possible to reimagine both the software layer and the physical movement of goods, combining automation with supply chain optimisation to drive meaningful efficiency and cost outcomes,” he said.
Tan added that the company is seeing a more mature market, increased inbound demand, and a reduced need to educate customers about Eezee’s offering. He described the backing from Korea Investment Partners and returning shareholders as a strong vote of confidence as Eezee works to transform procurement in what he called a pivotal AI era.
With the new funding, Eezee expects to achieve group-level profitability in the second half of the year. The company plans to continue scaling across SEA while expanding its suite of AI-driven procurement tools.
By combining technology with supply chain capabilities, Eezee aims to modernise one of the least transformed enterprise functions, positioning itself as a key player in the region’s evolving digital economy.
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“Procurement remains one of the largest yet least optimised enterprise functions globally,” said Shane Ang, vice president at Korea Investment Partners Southeast Asia. He added that Eezee has demonstrated strong execution and disciplined growth in a fragmented region, positioning the company to redefine how enterprises manage tail-end spend across SEA.
Established in 1986, Korea Investment Partners is South Korea’s largest venture capital firm by assets under management. Through offices in Seoul, Singapore, Silicon Valley, Beijing and Shanghai, the firm has backed companies including Kakao, YG Entertainment, ABL Bio and Moloco.
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Image Credit: Eezee
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