Glife

Singapore, Singapore Founded: 2018 • Age: 8 yrs
Food products are distributed by Glife in regional markets.
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About Glife

Glife is a company based in Singapore (Singapore) founded in 2018 by Justin Chou Zhi Qi, Caleb Wu, and Wayne Goh.. Glife has raised $15.89 million across 4 funding rounds from investors including Tin Men Capital, Heliconia and Hibiscus Fund. Glife has completed 2 acquisitions, including PanenID and Yolek. Glife operates in a competitive market with competitors including Deliveroo, honestbee, RedMart, BeepBeep and Allforyou, among others.

  • Headquarter Singapore, Singapore
  • Founders Justin Chou Zhi Qi, Caleb Wu, Wayne Goh
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $9.19 M (USD)
    -20
    as on Dec 31, 2021
  • Net Profit
    $-4.73 M (USD)
    -106
    as on Dec 31, 2021
  • EBITDA
    $-4.58 M (USD)
    -109
    as on Dec 31, 2021
  • Total Equity Funding
    $15.89 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Sep 14, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    PanenID

    & 1 more

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Funding Insights of Glife

Glife has successfully raised a total of $15.89M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 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 Rounds 4
  • Last Round Series A — $3.0M
  • First Round

    (22 Apr 2019)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series A - Glife Valuation Tin Men
May, 2022 Amount Series A - Glife Valuation Heliconia Capital Management
Nov, 2021 Amount Series A - Glife Valuation Heliconia Capital Management
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Glife

Glife has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Tin Men Capital, Heliconia and Hibiscus Fund. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital is provided to B2B technology companies in South-East Asia.
Founded Year Domain Location
Investments in growth stage companies are managed via private equity.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Glife

Glife has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PanenID and Yolek. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Agricultural buyers and suppliers are connected through an online marketplace.
2016
Fruits and vegetables are distributed electronically to enterprises in Malaysia.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Glife

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Glife Comparisons

Employees
+
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Competitors of Glife

Glife 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 Deliveroo, honestbee, RedMart, BeepBeep and Allforyou, 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
Platform offering food and grocery delivery services
domain founded_year HQ Location
Online company providing grocery and food delivery services
domain founded_year HQ Location
Online grocery delivery services are operated in Singapore.
domain founded_year HQ Location
Multi-category grocery supplies are provided via an online platform.
domain founded_year HQ Location
Manages an e-commerce store specializing in grocery products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Glife

Frequently Asked Questions about Glife

When was Glife founded?

Glife was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Glife located?

Glife is headquartered in Singapore, Singapore.

Is Glife a funded company?

Glife is a funded company, having raised a total of $15.89M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 22, 2019.

What is the annual revenue of Glife?

Annual revenue of Glife is $9.19M as on Dec 31, 2021.

What does Glife do?

Glife was founded in 2018 and is based in Singapore, where food distribution operations are conducted. The company focuses on supplying food products to various sectors within the region. Leadership is held by co-founders Justin Chou Zhi Qi as Executive Director, Caleb Wu, and Wayne Goh as Chief Product Officer. Services encompass logistics and supply chain support for food items, serving distributors and retailers.

Who are the top competitors of Glife?

Glife's top competitors include Deliveroo, honestbee and RedMart.

How many acquisitions has Glife made?

Glife has made 2 acquisitions, including PanenID, and Yolek.

Who are Glife's investors?

Glife has 5 investors. Key investors include Tin Men Capital, Heliconia, Hibiscus Fund, Quest Ventures, and Global Founders Capital.

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