RPG Commerce Raises US$29 Million in Series B Funding Round

posted on 22 Jun 2022

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Kuala Lumpur, Malaysia, 22 June 2022 - RPG Commerce, South East Asia’s leading Direct-To-Consumer (DTC) social e-commerce company, has secured $29M USD in a Series B funding round led by East Ventures,  UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures. VVSEAI previously led RPG Commerce’s Series A funding and has continued to invest in this current round.

The funds raised will be channeled into future-proofing the company’s technology and development processes, as well as developing and expanding RPG’s world-class brand-portfolio to create revolutionary consumer products. RPG currently hosts a suite of 10+ in-house international brands, including apparel & homeware brands Thousand Miles, Bottoms Lab, Montigo, Cosmic Cookware & more.

RPG Commerce’s multi-brand business model launches, operates, and optimises a globally successful suite of DTC brands by owning the development, production, and delivery processes end-to-end. Striving to create an exceptional standard of living for customers by creating innovative solutions to everyday problems, RPG is powered by cutting-edge back-end technology and a leading team of creative visionaries, which has resulted in a rapid brand portfolio expansion and customer base growth of 300% over the past year.

“RPG Commerce’s mission is to provide value that exceeds the expectations of our customers. We are proud to have delivered game-changing, customer-centric products and services by creating high-quality essential items through our DTC model that are accessible at their fingertips and delivered straight to their doorstep. With this round of funding, we aim to rapidly expand our talent pool across the entire organisation and enhance our technological capabilities in addition to expanding our suite of brands to further disrupt the consumer landscape.” says Melvin Chee, Co-Founder and CEO of RPG Commerce.

At VVSEAI, we are thrilled to support Melvin and RPG Commerce since their series A round. Watch Melvin’s sharing on his journey with VVSEAI:

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Vertex Ventures Southeast Asia and India invests in high-growth startups seeking their first round of institutional venture capital funding in Southeast Asia and India. It has a long and strong track record of investing in early-stage startups and building global champions.

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