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Endowus raises $23 mil to fund regional expansion starting with Hong Kong

The Edge Singapore
The Edge Singapore • 2 min read
Endowus raises $23 mil to fund regional expansion starting with Hong Kong
Endowus is on track to hit $1 billion in assets under advice by Q2 2021 in Singapore
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Endowus, a leading investment platform, has announced its first round of external fund-raising of $23 million for an undisclosed stake.

The investors are Lightspeed Venture Partners, a leading global venture capital firm, as well as SoftBank Ventures Asia, the early-stage venture arm of Softbank.

“Endowus will use the additional resources and the support of our VC partners to go deeper and broader in the Asia market where we want to continue helping all investors achieve their investment goals," says Samuel Rhee, founding partner and chairman of Endowus.

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