RedMart

About

RedMart is a Singapore-based online supermarket that home-delivers groceries and essentials.

Singapore,Central Region,Singapore
251 - 500
https://www.redmart.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $23M
Industries: E-Commerce,Grocery,Internet,Shopping
Founded date: Nov 1, 2011
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: RedMart Limited

RedMart is an online supermarket in Singapore that delivers groceries and home essentials to your door.

RedMart is not a traditional retailer. They are a platform that enables manufacturers to bypass retailers and engage shoppers directly. Their platform provides manufacturers with pioneering marketing capabilities and data analytics.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$55.10M

RedMart has raised a total of $55.10M in funding over 2 rounds. Their latest funding was raised on Aug 19, 2015 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 19, 2015	Series C	$26.70M	5	Sea	—	Detail
Jul 14, 2014	Series B	$23M	6	Sea	—	Detail
Jan 23, 2014	Series Unknown	$5.40M	6	Eduardo Saverin Jani Rautiainen Steve Melhuish Wong Meng Weng	—	Detail
Jul 17, 2013	Series A	—	6	Sea	—	Detail
Mar 8, 2013	Seed	—	7	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

7

20

RedMart is funded by 20 investors. Sea and Jani Rautiainen are the most recent investors.

Investor Name	Lead Investor	Funding Round
Sea	Yes	Series C
Jani Rautiainen	Yes	Series Unknown
Steve Melhuish	Yes	Series Unknown
Wong Meng Weng	Yes	Series Unknown
Eduardo Saverin	—	Series C
Far East Ventures	—	Series C
Softbank Ventures Asia	—	Series C
Visionnaire Ventures	—	Series C
Ohad Gilad	—	Series B
SoftBank Capital	—	Series B