Singapore’s SleekFlow secures $7M with Atinum Investment to propel global expansion and AI tech innovation
SleekFlow, a Singapore-based provider of Omnichannel Conversational AI Suite for customer engagement, has secured $7 million in a Series A+ funding round led by Atinum Investment, a South Korean-based venture capital firm.
This round brings total funding to $15 million, SleekFlow said in a statement on Wednesday.
This investment round also includes existing investors (AEF Greater Bay Area Fund, managed by Gobi Partners GBA and Transcend Capital Partners) and a new investor, Moses Tsang (Former General Partner of Goldman Sachs Group and Chairman of Goldman Sachs (Asia) LLC).
The new round of funding will accelerate SleekFlow’s global expansion plans, including Southeast Asia (SEA), the Middle East and Europe.
Funds will also be invested in artificial intelligence (AI) tech innovation (including analytics and building marketing workflows) and channel expansions (including Calls and Emails) to better serve its growing customer base worldwide.
Looking ahead, the firm aims to secure its Series B Fundraising in the next 12 months to solidify its position as a leading global tech company.
“Since the appointment of our Chief Technology Officer, Gao Lei, a Silicon Valley veteran, we have significantly increased our engineering efforts to be at the forefront of innovative tech and advanced AI,” said Henson Tsai, Founder and Chief Executive Officer of SleekFlow.
“Gao Lei has been leading the charge in planning, implementing, and transforming SleekFlow’s technology stacks, system support, and infrastructure to align with our company’s goals and market demands,
“We are more ambitious than ever, with offerings underway for fully automated sales and support journeys in voice, calls, and emails, to deliver unparalleled value to our customers across industries like insurance, healthcare, telecom, service, and retail,” he added.
As the conversational AI market is projected to grow from $13.2 billion in 2024 to $49.9 billion by 2030, SleekFlow aims to become the top customer engagement solution.
By merging conversations, product catalogues, payment solutions, and order management, SleekFlow says its innovative solutions provide a comprehensive solution to help businesses engage with customers all from a single intuitive interface.
SleekFlow is a Meta Verified Partner / WhatsApp BSP Select Tier.
The versatility of SleekFlow’s solutions extends across multiple industries and clientele, including Delonghi, Hilton Dubai, Loccitane, Shangri-la, Hong Kong Broadband Network, Cellini, Khind, TOTO, 7-11, Kimberly Clark, Awfully Chocolate and Audi.
These businesses, and others, used SleekFlow’s solutions, to streamline their business operations with omnichannel conversational AI capabilities.
“Being at the front of the rapidly expanding global customer engagement market, SleekFlow meets the evolving needs of enterprise customers,” said Atinum Investment’s Regional Head of the Singapore Office and Director, Peter Na.
“SleekFlow’s localized approaches have expanded it beyond Asia, entering new markets in the Middle East and South America,
“We are fully committed to supporting its ongoing global expansion and are excited for the opportunities ahead,” he added.
SleekFlow is located in Singapore, Hong Kong, Malaysia, Indonesia, Brazil, and the United Arab Emirates (UAE).
In 2022, the startup secured an $8 million Series A funding round led by Tiger Global, AEF Greater Bay Area Fund and Transcend Capital Partners.
Singapore AI digital behavior aggregator SQREEM Technologies acquires Australian programmatic business Trade Indy
link