Published on
February 26, 2023

Top 9 Startups in Singapore

Maximilian Fleitmann
Ex-CEO @ BaseTemplates
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Singapore has become the global launchpad for startups. While much of the buzz is around fin-tech, these unicorns from Singapore run the gamut of industries from entertainment to transportation and logistics.

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Best Startup companies in Singapore

1. Matrixport

Startup_Singapore_Matrixport-min

Matrixport is a one-stop digital assets financial services platform where users can invest, trade, and leverage crypto assets.With $10 billion in assets under management and custody, Matrixport provides one-stop crypto financial services with over $5 billion in average monthly trading volumes. The offerings include Cactus Custody™, spot OTC,fixed income, structured products, lending, as well as asset management.Headquartered in Singapore, Matrixport’s mission is to make crypto easy for everyone and its motto is “Get More From Your Crypto.” The company has over 220 employees serving both institutions and retail customers in Asia and Europe.

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Website: https://www.matrixport.com/

Founded: 2019

Total Funding: $100M

Last Funding Type: Series C

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2. Locad

Startup_Singapore_Locad

Locad is the logistics engine enabling e-commerce brands with a cloud supply chain to grow their omnichannel business and automatically store, pack, ship, and track orders across Asia-Pacific.Locad’s tech platform syncs inventory across online channels and organizes end-to-end order fulfillment through their reliable network of warehouses andcarriers across Singapore, the Philippines, Thailand, Hong Kong, and Australia, with more locations opening soon. Through this, brands and merchants get a geographically distributed warehousing infrastructure that allows them to stock goods closer to customers, enabling faster delivery at lower cost.Hundreds of brands now have access to the Locad logistics engine, allowing faster shipping, reduced costs, and exponential growth. Equipped with the technology, infrastructure, and partners running on one integrated system, Locad is on a mission to propel every business forward.

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Website: https://www.golocad.com/

Founded: 2020

Total Funding: $16.3M

Last Funding Type: Series A

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3. Aspire

Startup_Singapore_Aspire

Aspire is a finance operating system for growing businesses in SouthEast Asia. Its portfolio of services now includes business accounts for cross-border businesses, corporate cards, and automated invoice processing, all of which are connected to financial management software. The company also operates an incorporation service for Singaporeancompanies called Aspire Kickstart.The company was founded in 2018 and is based in Singapore.

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Website: https://aspireapp.com/

Founded: 2018

Total Funding: $299.5M

Last Funding Type: Series C

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4. Coda Payments

Startup_Singapore_Coda Payments-min

Publishers of leading games like Moonton (Mobile Legends: Bang Bang), Garena (Free Fire) and Tencent (PUBG Mobile), streaming platforms like beIN and Bigo Live, apps like Tinder, and video-on-demand platforms like Viu have integrated with Coda Payments to accept payments.Coda Payments is headquartered in Singapore with dozens of additionaloutposts around the world. It is backed by Apis Partners and GMO Global Payment Fund, whose strategic management company is GMO Payment Gateway, Japan’s largest online payment gateway. Coda Payments has recently been named the 28th fastest growing company in the Asia-Pacific region by the Financial Times (making it the second fastest growing fintech company in its region), the 8th fastest growing company in Singapore by The Straits Times, and a Technology Pioneer by the World Economic Forum.

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Website: http://www.codapayments.com/

Founded: 2011

Total Funding: $715.3M

Last Funding Type: Series C

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5. BandLab

Startup_Singapore_BandLab-min (1)

BandLab is a free, all-in-one (iOS, Android and web), cloud-based social platform that simplifies the process of making music. Its global community of musicians and fans work to create and collaborate on music, which can be shared across the global community. BandLab is part of BandLab Technologies, a connected ecosystem of brands covering musicalinstruments and accessories, web/mobile/social applications and commerce. The company's collective expertise in software and hardware development—combined with an ability to connect directly with consumers through both digital and physical touchpoints—puts it in a unique position to shape the future of music.

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Website: https://www.bandlab.com/

Founded: 2014

Total Funding: $65M

Last Funding Type: Series B

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6. Doctor Anywhere

Startup_Singapore_Doctor Anywhere

Doctor Anywhere is a Singapore-based telehealth company that provides on demand healthcare solutions to help you lead happier, healthier lives. Their digital platform gives you quick access to health and wellness solutions, wherever you are. Their platform makes healthcare simple, seamless and convenient, and is optimised to help you manage yourhealth in a way that best suits your lifestyle needs. With technology, better health outcomes are more achievable than ever before. They recognize modern-day struggles and are dedicated to improving healthcare services to suit our evolving lifestyle preferences.

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Website: https://www.doctoranywhere.com/

Founded: 2016

Total Funding: $135.6M

Last Funding Type: Series C

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7. KLOOK

Startup_Singapore_KLOOK

Klook is the leading travel and leisure e-commerce platform for experiences and services anytime, anywhere. Klook curates the most joyful experiences so that users can satisfy their relentless curiosity for adventure and experiences at home and around the world. With our website and app, users can experience a world of joy, from attractions, toursto local transportation and stays. Founded in 2014, Klook is inspired to enable more moments of joy through over half-million activities in over 1,000 destinations.

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Website: https://www.klook.com/

Founded: 2014

Total Funding: $721.5M

Last Funding Type: Series E

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8. Bolttech

Startup_Singapore_Bolttech

Headquartered in Singapore, Bolttech is an international insurtech with a mission to build the world’s leading, technology-enabled ecosystem for protection and insurance. Bolttech serves customers in 30 markets across North America, Asia, and Europe.

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Website: https://bolttech.io/

Founded: 2020

Total Funding: $217.2M

Last Funding Type: Series B

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9. RedMart

Startup_Singapore_RedMart

RedMart is an online supermarket in Singapore that delivers groceries and home essentials to your door. RedMart is not a traditional retailer. They are a platform that enables manufacturers to bypass retailers and engage shoppers directly. Their platform provides manufacturers with pioneering marketing capabilities and data analytics.

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Website: https://www.redmart.com/

Founded: 2011

Total Funding: $55.1M

Last Funding Type: Series C

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