About SimplyGood
SimplyGood is a company based in Singapore (Singapore) founded in 2020 by Jeremy Lee.. SimplyGood has raised $362.59 thousand across 2 funding rounds from investors including Damson Capital, Kuok Meng Xiong and Founders Launchpad. SimplyGood operates in a competitive market with competitors including Cloversoft & Co, Love Bambooloo and Green Jewel, among others.
- Headquarter Singapore, Singapore
- Founders Jeremy Lee
-
Sectors
RetailConsumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$362.59 K (USD)
in 2 rounds
-
Latest Funding Round
-
Investors
Damson Capital
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of SimplyGood
SimplyGood has successfully raised a total of $362.59K across 2 strategic funding rounds. 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 Last Round
-
First Round
First Round
(11 Aug 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Seed - SimplyGood | Valuation | Founders Launchpad |
|
| Aug, 2022 | Amount | Seed - SimplyGood | Valuation | Damson Capital |
| 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 SimplyGood
SimplyGood has secured backing from 3 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Damson Capital, Kuok Meng Xiong and Founders Launchpad. 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 |
|---|---|---|---|---|
|
An early-stage startup accelerator based in the Philippines is operated.
|
Founded Year | Domain | Location | |
|
Invests in early-stage impact startups addressing social and environmental issues in Asia.
|
Founded Year | Domain | Location | |
|
KM
Kuok Meng Xiong |
Founder of K3 Ventures, active angel investor in Indian startups
|
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 SimplyGood
| 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 |
Financial Statements - SimplyGood
| 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 |
Simplygood Comparisons
Competitors of SimplyGood
SimplyGood 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 Cloversoft & Co, Love Bambooloo and Green Jewel, 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 |
Private label hygiene and household products are offered online.
|
|
| domain | founded_year | HQ Location |
Home care products are offered by an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Online shop selling gardening solutions, pots, and accessories for local customers.
|
| 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.
|
Frequently Asked Questions about SimplyGood
When was SimplyGood founded?
SimplyGood was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is SimplyGood located?
SimplyGood is headquartered in Singapore, Singapore.
Who is the current CEO of SimplyGood?
Jeremy Lee is the current CEO of SimplyGood. They have also founded this company.
Is SimplyGood a funded company?
SimplyGood is a funded company, having raised a total of $362.59K across 2 funding rounds to date. The company's 1st funding round was a Seed of $362.59K, raised on Aug 11, 2022.
What does SimplyGood do?
SimplyGood was founded in 2020 in Singapore as an internet brand focused on subscription-based cleaning products. Tablets designed to dissolve in water and form cleaning solutions are offered through its platform. The catalog encompasses items for window cleaning, insect repellent, bathroom cleaning, sanitizers, and additional household applications. Operations are centered in Singapore, with products distributed via online subscriptions.
Who are the top competitors of SimplyGood?
SimplyGood's top competitors include Cloversoft & Co, Love Bambooloo and Green Jewel.
Who are SimplyGood's investors?
SimplyGood has 3 investors. Key investors include Damson Capital, Kuok Meng Xiong, and Founders Launchpad.