Hey, it’s Doxa Holdings! This Singapore-based fintech startup serves real-estate developers and construction firms with their digital procurement platform, Doxa Connex. Now, they just raised fresh funding.

Investor check. Cento Ventures led the round, but they’re keeping the amount hush-hush.

• The startup raised a $2.21M Pre-Series A in 2022.

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🖥️ The ABCs of Doxa Holdings

Working in procurement? It’s a pain to keep track of everything manually when you have to use different platforms.

Doxa Connex keeps tabs on your procurement, payment, and financing operations all in one place. Just add stakeholders to a collaborative workspace where they can see information and statuses on projects. 

• Hello, faster workflows. Your suppliers can create claims, delivery orders, or invoices from your orders and receipts. 
• It’s not just convenient. The system’s clear trail of transactions makes it easy for financial institutions to assess the creditworthiness of SMEs looking for financing. 

Who uses their tech? According to their website, over 1K companies use the platform. Oh, and Doxa Holdings also has partnerships with Visa and major Singaporean banks. 

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🇲🇾 Where to next?

They’ll use the $$$ to expand to Malaysia. 

• CEO Edmund Ng said Doxa “realized similar challenges” in the logistics and healthcare industries, so the company is now working to expand in new markets and verticals.
• Besides Singapore, they are currently active in the Indonesian market.