Palexy

Singapore, Singapore Founded: 2019 • Age: 7 yrs
Provider of optimization solution for in-store and operation
Annual revenue - Latest available
Total funding $1.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Palexy

Palexy is a company based in Singapore (Singapore) founded in 2019 by Thong Do, Minh Truong, and Duc Nguyen. Palexy has raised $1 million across 1 funding round from investors including Do Ventures and Access Ventures. Palexy offers products and services including Traffic Counter 2.0, Automated Staff Scheduler, Store Optimizer, Remote Store Auditor, and Cashier Fraud Detector. Palexy operates in a competitive market with competitors including Vypr, Retail Solutions, Repsly, CoolR technology and Omnivio, among others.

  • Headquarter Singapore, Singapore
  • Founders Thong Do, Minh Truong, Duc Nguyen
  • Sectors
    Retail
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  • Phone
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  • Legal Name Palexy Pte. Ltd.
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Dec 11, 2020

  • Investors
    Do Ventures

    & 1 more

  • Employee Count
    Not available
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Products & Services of Palexy

Palexy offers a comprehensive portfolio of products and services, including Traffic Counter 2.0, Automated Staff Scheduler, Store Optimizer, Remote Store Auditor, and Cashier Fraud Detector.

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Primary

Analyzes store traffic and excludes non-customer movements accurately.

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Optimizes staff allocation during peak retail periods efficiently.

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Monitors staff KPIs to enhance customer service in stores.

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Conducts audits and reviews store compliance remotely via videos.

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Identifies potential fraud in transactions for retail environments.

People of Palexy

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Thong Do
Founder & CEO
People
Hanh Linh Le
Customer Success Manager
People
Minh Truong
Co-Founder & Chief Technology Officer
People
Ngọc Nguyễn Thị
Quality Controller

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Funding Insights of Palexy

Palexy has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in December 2020. 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.

Investors in Palexy

Palexy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Do Ventures and Access Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
A venture capital firm focused on early-stage startups in Vietnam.
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Access Ventures is focused on early-stage venture capital investments.
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Investor details for Palexy

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Investments & Acquisitions by Palexy

Investments
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Investment portfolio details for Palexy

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Financial Statements - Palexy

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Detailed financials for Palexy

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Palexy Comparisons

Palexy Primary company
Description
Provider of optimization solution for in-store and operation
Location
Singapore, Singapore
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Palexy

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Competitors of Palexy

Palexy 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 Vypr, Retail Solutions, Repsly, CoolR technology and Omnivio, among others.

Company Name Domain Founded year HQ Location Description
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SaaS-based product intelligence and customer analytics are provided to businesses.
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Analytics solutions for retailers and CPG manufacturers are provided.
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Provider of in-store execution solution for businesses
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Provider of IoT-based solutions for the retail industry
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SaaS-based supply chain management solutions for the e-commerce and retail industry
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AI-based inventory and task management solutions are offered for retailers.
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Detailed competitors of Palexy

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Latest news on Palexy

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Complete news archive for Palexy

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Frequently Asked Questions about Palexy

Palexy was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Palexy is headquartered in Singapore, Singapore.

Palexy is a funded company, having raised a total of $1M across 1 funding round to date.

Palexy was founded in 2019 in Singapore and operates in the retail technology sector. AI-based solutions are offered to analyze surveillance camera streams and POS data, generating customer analytics and operational insights. In-store experiences are enhanced, and operations are optimized through patent-pending computer vision technology. Services focus on transforming data into actionable business intelligence for retailers.

Palexy's top competitors include Vypr, Repsly and CoolR technology.

Palexy offers Traffic Counter 2.0, Automated Staff Scheduler, Store Optimizer, Remote Store Auditor, and Cashier Fraud Detector.

Palexy has 2 investors. Key investors include Do Ventures, and Access Ventures.

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