About ADDX
ADDX is a company based in Singapore (Singapore) founded in 2017 by Danny Toe.. ADDX has raised $83 million across 6 funding rounds from investors including Hamilton Lane, United Overseas Bank and KB Securities. ADDX offers products and services including Investment Platform, Secondary Trading, and Educational Webinars. ADDX operates in a competitive market with competitors including Alta, Hg Exchange, Kairos Capital Group, ZaleFunds and InvestaX, among others.
- Headquarter Singapore, Singapore
- Founders Danny Toe
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ichx Tech Pte. Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$83 M (USD)
in 6 rounds
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Latest Funding Round
$20 M (USD), Series A
Nov 14, 2022
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Investors
Hamilton Lane
& 15 more
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Employee Count
Employee Count
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Products & Services of ADDX
ADDX offers a comprehensive portfolio of products and services, including Investment Platform, Secondary Trading, and Educational Webinars. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables access to private market investments with low entry barriers.
Facilitates buying and selling of private holdings for liquidity.
Offers insights and learning on private markets and investments.
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Leadership Team
10 people
Software Development Team
5 people
Lead Team
5 people
Product Management Team
3 people
Human Resources and Administration
2 people
Data Analysis and Operations Team
2 people
Operations Team
2 people
Senior Team
2 people
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Funding Insights of ADDX
ADDX has successfully raised a total of $83M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $20.0M
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - ADDX | Valuation | KB Securities |
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| May, 2022 | Amount | Series A - ADDX | Valuation | SET Ventures , UOB | |
| Jan, 2021 | Amount | Series A - ADDX | Valuation | Development Bank of Japan , JIC Venture Growth Investments |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ADDX
ADDX has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Hamilton Lane, United Overseas Bank and KB Securities. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward early-stage energy system companies.
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Founded Year | Domain | Location | |
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Strategic investments in startups are facilitated by Krungsri Finnovate.
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Founded Year | Domain | Location | |
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Investments in growth stage companies are managed via private equity.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ADDX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ADDX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Addx Comparisons
Competitors of ADDX
ADDX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alta, Hg Exchange, Kairos Capital Group, ZaleFunds and InvestaX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Alternative assets and securities exchange platform is operated by Alta.
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| domain | founded_year | HQ Location |
Online alternative investment platform
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| domain | founded_year | HQ Location |
Serves as a platform for alternative investment solutions.
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| domain | founded_year | HQ Location |
Provides a big data-enabled platform for alternative investment opportunities.
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| domain | founded_year | HQ Location |
Tokenized real estate securities are traded via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Addx
Frequently Asked Questions about ADDX
When was ADDX founded?
ADDX was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is ADDX located?
ADDX is headquartered in Singapore, Singapore.
Who is the current CEO of ADDX?
Danny Toe is the current CEO of ADDX. They have also founded this company.
Is ADDX a funded company?
ADDX is a funded company, having raised a total of $83M across 6 funding rounds to date.
What does ADDX do?
Founded in 2017 in Singapore, ADDX operates as an app-based platform in the alternative investment sector. Access to hedge funds, unicorns, and pre-IPO companies is provided for individual and corporate investors. Investments in digital tokens are offered prior to exchange trading, with cash-outs permitted without lock-up periods. The service focuses on private market opportunities in the Asia-Pacific region.
Who are the top competitors of ADDX?
ADDX's top competitors include InvestaX, Alta and Hg Exchange.
What products or services does ADDX offer?
ADDX offers Investment Platform, Secondary Trading, and Educational Webinars.
Who are ADDX's investors?
ADDX has 16 investors. Key investors include Hamilton Lane, United Overseas Bank, KB Securities, Hanwha, and Development Bank of Japan.
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