About Recommend
Recommend is a company based in Kuala Lumpur (Malaysia) founded in 2014 by Anthony Eka Wijaya, Alex Dinner Tan, and Jes Min Lua.. Recommend has raised $4.17 million across 2 funding rounds from investors including Morning Crest Capital and Brain-Too-Free Ventures. Recommend offers products and services including Home Cleaning, Aircon Servicing, Electrical Services, and Plumbing. Recommend operates in a competitive market with competitors including ServisHero, Startasker, GigaGigs, Rapidfy and Duty Bees, among others.
- Headquarter Kuala Lumpur, Malaysia
- Founders Anthony Eka Wijaya, Alex Dinner Tan, Jes Min Lua
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Recomn Technologies Sdn. Bhd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.17 M (USD)
in 2 rounds
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Latest Funding Round
$174.48 K (USD), Series A
Sep 20, 2023
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Investors
Morning Crest Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Recommend
Recommend offers a comprehensive portfolio of products and services, including Home Cleaning, Aircon Servicing, Electrical Services, and Plumbing. 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.
Service for cleaning and disinfecting homes to maintain hygiene.
Maintenance and repair of air conditioning units for optimal performance.
Handling electrical wiring and fixes for residential properties.
Repair and installation of plumbing systems in homes.
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Funding Insights of Recommend
Recommend has successfully raised a total of $4.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $174.48 thousand completed in September 2023. 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 2
- Last Round Series A — $174,479
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First Round
First Round
(27 Oct 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Recommend | Valuation |
investors |
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| Oct, 2021 | Amount | Series A - Recommend | Valuation | Morning Crest Capital |
| 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 Recommend
Recommend has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Morning Crest Capital and Brain-Too-Free Ventures. 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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Founded Year | Domain | Location | |
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Brain-Too-Free Ventures is focused on venture capital investments.
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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 Recommend
| 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 - Recommend
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Recommend Comparisons
Competitors of Recommend
Recommend 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 ServisHero, Startasker, GigaGigs, Rapidfy and Duty Bees, 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 |
Local services are matched via a mobile on-demand marketplace.
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| domain | founded_year | HQ Location |
An online platform that connects users with local service professionals for easy hiring.
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| domain | founded_year | HQ Location |
App for earning extra cash through micro tasks like surveys and product trials.
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| domain | founded_year | HQ Location |
Operates a chat-based platform for hiring local service professionals efficiently.
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| domain | founded_year | HQ Location |
Offers crowdsourced local services to connect users with providers.
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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 Recommend
Frequently Asked Questions about Recommend
When was Recommend founded?
Recommend was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Recommend located?
Recommend is headquartered in Kuala Lumpur, Malaysia.
Who is the current CEO of Recommend?
Jes Min Lua is the current CEO of Recommend. They have also founded this company.
Is Recommend a funded company?
Recommend is a funded company, having raised a total of $4.17M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Oct 27, 2021.
What does Recommend do?
Founded in 2014 in Kuala Lumpur, Malaysia, the platform operates in the online lead generation sector for local services, particularly home improvements. Requirements are posted by users to obtain quotes from registered providers, whose profiles and ratings can be reviewed. Hiring occurs via offline channels, with bookings confirmed through platform payments. Coverage for public liability, theft, damage, and fire is stated. Services are listed by providers on the site.
Who are the top competitors of Recommend?
Recommend's top competitors include ServisHero, Startasker and GigaGigs.
What products or services does Recommend offer?
Recommend offers Home Cleaning, Aircon Servicing, Electrical Services, and Plumbing.
Who are Recommend's investors?
Recommend has 2 investors. Key investors include Morning Crest Capital, and Brain-Too-Free Ventures.