Eezee, a Singapore-based based procurement platform focused on enterprise tail-end spend, has raised a $5 million pre-Series B round, led by Korea Investment Partners Southeast Asia, with existing investors such as Kickstart Ventures and Wavemaker Ventures doubling down.
The oversubscribed round also included participation from several strategic investors, Eezee said in a statement on Tuesday.
The fresh capital will be used to accelerate Eezee’s regional expansion and to deepen investment in its artificial intelligence (AI)-powered procurement software, RFQBot and ProcureFlow.
Eezee has officially launched operations in Thailand, marking its latest market entry in Southeast Asia, with existing operations in Malaysia, Singapore, Indonesia, and the Philippines.
The AI tools are designed to automate and optimize enterprise procurement workflows, particularly for long-tail, low-value purchases that remain largely manual and fragmented.
Eezee helps businesses reduce procurement time from days to minutes, helping customers save 20% and more on costs.
“Procurement remains one of the largest yet least optimized enterprise functions globally,
“Eezee has demonstrated strong execution and disciplined growth in a challenging and fragmented region, we believe its formidable combination of talent, data, and execution capabilities positions the company well in redefining how enterprises manage tail-end spend across Southeast Asia,” said Shane Ang, VP at Korea Investment Partners Southeast Asia.
Established in 1986, Korea Investment Partners (KIP) is South Korea’s largest venture capital firm by assets under management.
Leveraging a vast global network across its offices in Seoul, Singapore, Silicon Valley, Beijing and Shanghai, KIP has successfully backed industry-defining companies.
Its notable investments include Kakao, YG Entertainment, ABL Bio, and Moloco.
It is noted that the raise comes at a time when Southeast Asia’s startup ecosystem has been impacted by declining funding volumes and heightened scrutiny around governance and fraud.
Against this backdrop, Eezee says it has continued to see strong investor demand, resulting in the round’s oversubscription.
Since the first quarter of 2025, Eezee’s growth has continued to accelerate quarter by quarter.
The businesses in Indonesia and Malaysia have reached operational profitability, while RFQBot and ProcureFlow AI are undergoing a multi-market roll-out in the first half of 2026.
“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 optimization to drive meaningful efficiency and cost outcomes,” said Logan Tan, Chief Executive Officer and Co-founder of Eezee.
With this latest round, he said the firm is seeing a more mature market, increased inbound demand and significantly less education required around Eezee’s offering.
“We’re honored by the trust placed in us by Korea Investment Partners, the support of our existing shareholders and new strategic investors as we work to transform procurement in this pivotal AI era,” he added.
With this latest round, Eezee expects to reach group-level profitability in the second half of the year, while continuing to scale its presence across Southeast Asia and expand its AI product offerings.