Eezee, a procurement platform specializing in enterprise tail-end spend, has successfully secured $5 million in a pre-Series B funding round. The investment was led by Korea Investment Partners Southeast Asia and saw continued support from existing backers like Kickstart Ventures and Wavemaker Ventures. This new capital is earmarked to fuel the company's expansion across Southeast Asia and enhance its suite of artificial intelligence-powered procurement tools.
Strategic Expansion and AI Integration
With the fresh funding, Eezee is officially launching its operations in Thailand, expanding its regional footprint which already includes Singapore, Malaysia, Indonesia, and the Philippines. The company is channeling investment into its AI software, RFQBot and ProcureFlow, designed to automate and streamline procurement workflows. These tools specifically target the complex and often manual process of managing low-value, long-tail purchases, promising to reduce procurement cycles from days to mere minutes.
Building on a Foundation of Trust
While the current focus is on its AI capabilities, Eezee's market position is built on years of foundational work in the B2B marketplace sector since its inception in 2016. The company established credibility early on by securing major enterprise clients, with Shell being one of its first large customers. This long-standing experience in handling complex procurement needs has provided a solid base for the successful rollout of its advanced AI solutions.
A New Playbook for Enterprise AI
Eezee is positioning its technology not as a replacement for human teams but as a powerful support tool, encapsulated in its tagline, 'Scale Procurement, Not Headcount.' This approach aims to help procurement professionals shift their focus from tedious, small-scale buys to more strategic, high-value contracts and supplier relationships. To further ease adoption, the company offers a pilot program that charges clients only after tangible results are demonstrated, a model that significantly lowers risk for enterprises.
Investor Confidence and Market Position
The oversubscribed funding round signals strong investor confidence in Eezee's strategy, particularly amid a challenging climate for startup funding in the region. Shane Ang, VP at Korea Investment Partners Southeast Asia, noted that Eezee has shown disciplined growth in a fragmented market. He highlighted the company's combination of talent, data, and execution as key factors that position it to redefine how enterprises manage their procurement processes.
Path to Profitability
Eezee has already demonstrated a clear trajectory toward financial sustainability, with its operations in Indonesia and Malaysia achieving operational profitability. The company is now preparing for a multi-market rollout of its AI tools in the first half of 2026. Looking ahead, Eezee aims to achieve group-level profitability by the second half of 2026 while simultaneously scaling its regional presence and AI product offerings.
This $5 million investment marks a pivotal moment for Eezee, enabling it to merge its established B2B marketplace with cutting-edge AI to address long-standing inefficiencies in enterprise procurement. By focusing on automation, strategic expansion, and a clear path to profitability, the company is poised to become a key player in transforming supply chain management across Southeast Asia. Eezee's growth underscores a broader trend of leveraging AI to create tangible value and operational efficiency within established enterprise functions.