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iPrice Group is a Kuala Lumpur, Malaysia-based online price comparison platform that facilitates e-commerce shopping by helping users discover and compare products across various categories. The platform aggregates millions of products from over 10,000 brands and 1,500+ merchant partners, offering product discovery tools, coupons, and deals across seven Southeast Asian markets. It has attracted over 20 million monthly visitors and processed 5 million transactions as of 2019, having raised a total of $26.25 million in funding. Key investors included ACA Investments, Itochu Corporation, KDDI Open Innovation Fund, LINE Ventures, and Mirae Asset-Naver Asia Growth Fund. The company was acquired by Bukalapak in April 2023, having been founded in October 2014 by David Chmelař and Heinrich Wendel. Its business model centers on generates revenue primarily through price comparison , product discovery, and coupons, previously venture-funded, now acquired.
iPrice Group has raised $26.3M across 7 funding rounds.
iPrice Group has raised $26.3M in total across 7 funding rounds.
iPrice Group has raised $26.3M across 7 funding rounds. Most recently, it raised $5.0M Other Equity in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 23, 2022 | $5M Venture Round | KDDI | — | Announced |
| May 19, 2021 | $1.5M Venture Round | Woowa Brothers | — | Announced |
| Mar 2, 2020 | $10M Series B | Tomohiro Fujita | Asia Growth Fund, Daiwa PI Partners, LINE Ventures, Mirae Asset Naver | Announced |
| May 6, 2018 | $4M Venture Round | LINE Ventures | Cento Ventures, Venturra Capital | Announced |
| Dec 19, 2016 | $4M Series A | Asia Venture Group, Venturra Capital | DMP, Econa, Gobi Partners, Starstrike Ventures | Announced |
| Dec 15, 2015 | $1.2M Seed | Asia Venture Group | 500 Startups, F2 Venture Capital, IMJ Investment Partners, Starstrike Ventures, Venturra Capital | Announced |
| May 20, 2015 | $550K Seed | TIM Marbach | — | Announced |
iPrice Group has raised $26.3M in total across 7 funding rounds.
iPrice Group's investors include KDDI, Woowa Brothers, Tomohiro Fujita, Asia Growth Fund, Daiwa PI Partners, LINE Ventures, Mirae Asset-Naver, Cento Ventures, Venturra Capital, Asia Venture Group, DMP, Econa.
