Many work groups, particularly shops and eating places, depend on guide spreadsheets to guarantee their operations are working easily. Based in Singapore, Nimbly develops software program that automates extra of that course of. Its options embody digital checklists, stock administration and area audits that may be accessed by means of a cell app. The startup introduced immediately it has raised $4.6 million in pre-Series A funding, led by Insignia Ventures Partners, with participation from Sovereign’s Capital and Saison Capital.
Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is at the moment utilized by multiple hundred organizations in seven nations, together with Indonesia, Singapore, Malaysia and the United States. Most of Nimbly’s customers are within the retail or meals and beverage industries, and embody KFC, Kopi Kenangan, 7-Eleven and Under Armour. Some purchasers additionally come from the fast-moving shopper items and agriculture sectors, like Cargill and Wilmar.
The new funding brings its complete raised to $5.7 million and shall be used for Nimbly’s Southeast Asia enlargement, together with a brand new partnership with restaurant operator Express Food Group, and including merchandise like extra analytics, thriller shopper and worker coaching.
Nimbly is designed to substitute spreadsheets, emails and messaging apps by combining their functionalities into one app. This consists of checklists, audits and stay video to be sure that standard operating procedures are adopted throughout all areas. For instance, eating places might use Nimbly to see if meals security and hygiene requirements are being adopted. FMCG firms can use it to monitor stock at shops and share details about how their gross sales and promotions evaluate to rivals, whereas use circumstances for agriculture embody verifying that suppliers are following sustainability measure at their farms.
In a press release, Insignia Venture Partners founding managing accomplice Yinglan Tan stated, “SaaS enterprise is an emerging vertical in Southeast Asia with more businesses of all sizes and across industries seeking to transition and even upgrade their capabilities to software tools. That makes us very excited to have partnered with Daniel, Jonathan and their team at Nimbly as they lead this space in building software stack capable of serving the operational needs of companies first in Southeast Asia, and then globally.”
