SPEEDHOME

Petaling Jaya, Malaysia Founded: 2015 • Age: 11 yrs Minicorn
Apartment rental platform is operated for tenants and landlords.

About SPEEDHOME

SPEEDHOME is a Real Estate & Construction company based in Petaling Jaya (Malaysia) founded in 2015 by Wong Whei Meng. Apartment rental platform is operated for tenants and landlords. SPEEDHOME has raised $3.94 million across 7 funding rounds from investors including Allianz, pitchIN and IJM. SPEEDHOME was last valued at $15.72 million in July 2021. Its chief executive, as recorded, is Wong Whei Meng. Its website speedhome.com draws about 134 thousand monthly visits. Its focus areas include Real Estate and Construction Tech, Property Management Tech, Rental Management and Tech First Rental Agency. Its legal entity is SPEEDRENT TECHNOLOGY SDN. BHD.

Company details

SPEEDHOME was founded in 2015 in Petaling Jaya, Malaysia, as a provider of an apartment rental platform. Services are extended to tenants through deposit-free rental options and to landlords via insurance coverage for property damage. Additional features include background checks, digital tenancy agreements, and landlord protection measures. Operations are centered in the real estate sector, supporting rental activities across Malaysia.

  • Headquarters Petaling Jaya, Malaysia
  • Founders Wong Whei Meng
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Website category Business and Consumer Services · Real Estate
  • Email
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  • Phone
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  • Website speedhome.com
  • Social LinkedIn X Facebook
  • Legal Name Speedrent Technology Sdn. Bhd.
Key Metrics
  • Annual Revenue
    $962.74 K (USD)
    166
    as on Dec 31, 2020
  • Net Profit
    -$673.52 K (USD)
    37
    as on Dec 31, 2020
  • Total Equity Funding
    $3.94M (USD)

    in 7 rounds

  • Latest Funding Round
    $458.18K (USD), Series A

    Feb 2023

  • Investors
    Allianz

    & 14 more

Funding Insights of SPEEDHOME

SPEEDHOME has successfully raised a total of $3.94M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $458.18 thousand completed in February 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 $3.94M
  • Total Rounds 7
  • Last Round Series A β€” $458,177
  • First Round $17,998

    (Apr 2016)

  • Investors Count 15

All 7 funding rounds of SPEEDHOME with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2023$458,177Series A––
–
Jul 2021$1.67MSeries A$15.72M–
Jul 2020$608,126Seed$14.57MpitchIN
–
Jan 2019$975,211Seed$β€’β€’β€’β€’β€’pitchIN
Jun 2018$107,319Angel Round$β€’β€’β€’β€’β€’Edwin Kah Wei Teo
Jun 2017$100,743Seed$β€’β€’β€’β€’β€’500 Global, 500 Durians
–
Apr 2016$17,998Angel Round$β€’β€’β€’β€’β€’Joel Neoh Eu-Jin
Valuation history
DateValuationStage
Jul 2021$15.72Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2020$14.57Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of SPEEDHOME

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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  • Stage changes
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Verified entity values are shown only after access is granted.

Last known valuation $15.72M (Jul 2021). 15 investors in total: 6 institutional and 9 angel.

Investors in SPEEDHOME

SPEEDHOME has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Allianz, pitchIN and IJM.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in early-stage tech startups
gobi.vcKuala Lumpur, Malaysia
Venture capital and acceleration are provided to tech startups.
500.coHo Chi Minh City, Vietnam
Seed-stage investments are targeted globally by this venture capital firm.
durians.500.coSingapore, Singapore
Insurance and asset management services are offered worldwide.
1890allianz.comMunich, Germany
Creative projects are supported via reward-based crowdfunding on PitchIn.
2015pitchin.myKuala Lumpur, Malaysia
Commercial real estate and construction services are provided by IJM.
1983ijm.comPetaling Jaya, Malaysia

Edwin Kah Wei Teo

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Shamsul Falak

unknown_afd394b392524e5e9

Andre Ooi Ken Lee

unknown_af3da28cf4bc486d8

Chin Tze-Neng

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Investor details for SPEEDHOME

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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  • Co-investor network

Verified entity values are shown only after access is granted.

People of SPEEDHOME

1 people are tracked at SPEEDHOME (1 in leadership).

NameRoleGroup
Wong Whei Meng
Founder & CEOLeadership
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Timeline of SPEEDHOME

4 dated milestones of SPEEDHOME across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded SPEEDHOME is founded.
  2. Funding First funding round of $18K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $458K.

Web traffic of SPEEDHOME

The website of SPEEDHOME (speedhome.com) receives about 134K visits a month and ranks #186,775 among all websites worldwide, #5,096 in Real Estate.

  • Monthly visits
    134K

    ▼ 17.9% vs previous month

  • Unique visitors
    77.9K

    per month

  • Global rank
    #186,775

    among all websites

  • Category rank
    #5,096

    Business and Consumer Services · Real Estate

Similar websites

Websites whose visitors overlap most with SPEEDHOME. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
iproperty.com.my
100%
2.6M#22,497View details
propertyguru.com.my
propertyguru.com.my
99%
#9,558–
ibilik.my
ibilik.my
97%
#969,894–
edgeprop.my
edgeprop.my
80%
#63,823–
homes.trovit.my
homes.trovit.my
74%
#489,283–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • 36 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Speedhome

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Complete news archive for SPEEDHOME

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  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about SPEEDHOME

SPEEDHOME was founded in 2015 and raised its 1st funding round 1 year after it was founded.

SPEEDHOME is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.

Wong Whei Meng is the CEO of SPEEDHOME, as recorded in our data. They have also founded this company.

SPEEDHOME is a funded company, having raised a total of $3.94M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $18K, raised on Apr 2016.

Annual revenue of SPEEDHOME is $962.74K as on Dec 31, 2020.

SPEEDHOME was founded in 2015 in Petaling Jaya, Malaysia, as a provider of an apartment rental platform. Services are extended to tenants through deposit-free rental options and to landlords via insurance coverage for property damage. Additional features include background checks, digital tenancy agreements, and landlord protection measures. Operations are centered in the real estate sector, supporting rental activities across Malaysia.

SPEEDHOME has 15 investors. Key investors include Allianz, pitchIN, IJM, Gobi Partners, and Edwin Kah Wei Teo.

The valuation of SPEEDHOME is $15.72M as of Jul 2021.

SPEEDHOME operates through Speedrent Technology Sdn. Bhd..

The website of SPEEDHOME receives about 134 thousand visits a month and ranks #186,775 among all websites worldwide.

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