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Efficient Capital Labs Secures $11M Series A to Expand in Southeast Asia

Author

Slice of Finance Team
26 Aug

Key Highlights:

  • Efficient Capital Labs (ECL) raises $11 million Series A led by QED Investors and 645 Ventures.

  • Expansion into Singapore and Southeast Asia to build on successful U.S. and India operations.

  • ECL’s innovative revenue-based financing model evaluates cross-border B2B SaaS companies holistically.

  • Strong growth trajectory: $70M in financing originated and a 70% repeat customer rate.

Source (Business Wire)

Notable Quotes:

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"ECL is the only revenue-based financing company that evaluates a business’ revenue across every geography to provide a holistic risk assessment."

Kaustav Das, Co-founder and CEO at Efficient Capital Labs
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"We are thrilled to support their continued growth and expansion into new markets."

Aaron Holiday, Co-founder and Managing Partner at 645 Ventures
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"We are excited to double-down on our partnership -- this round sets the company to explode its TAM and achieve escape velocity."

Sandeep Patil, Partner and Head of Asia at QED Investors

Our Take:

Efficient Capital Labs’ successful Series A funding underscores its pivotal role in addressing the financing gap for cross-border B2B SaaS companies, particularly in the underserved South Asia-U.S. corridor. By expanding into Southeast Asia and offering unique, geography-spanning financial solutions, ECL is not only pioneering in the revenue-based financing space but also setting a new standard for how cross-border companies are assessed and supported. This strategic move is likely to propel ECL’s growth trajectory, making it a formidable player in the global fintech landscape.