SG’s Qapita Raises $1.8m Seed Funding Led by Vulcan Capital

SG’s Qapita Raises .8m Seed Funding Led by Vulcan Capital

Singapore-based fintech and legal-tech startup Qapita has raised a $1.8-million seed round led by Vulcan Capital, the former has announced.

Early-stage investors Alto Partners Multi-Family Office, Rippledot Capital CEO Atin Kukreja, Koh Boon Hwee, K3 Ventures, KDV Holdings, Mission Holdings and several Northstar Group partners including Patrick Walujo, participated in the funding.

Founded in 2019, Qapita provides a digital equity management software that helps manage capitalisation tables and employee stock ownership plans (ESOP). The company said it will also enable the digital issuance of ESOPs and shares.

“If records are systematically digitised today, then transactions can be digitised in the future. We also believe the platform will encourage more employee equity ownership in startups,” he continued.

Qapita will use the seed funding proceeds to strengthen its team, accelerate product development and build its client base. The startup has offices in India and Singapore, and will initially serve customers based in Singapore, India and Indonesia before expanding into other markets.

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