# Intrepid Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/intrepid-group

- Industry: Marketing/Advertising
- Headquarters: Singapore, Singapore
- Website: www.intrepid.asia
- Total disclosed funding: $13M
- Latest round: Series B (May 28, 2021)
- Investors on record: 6

## About

Intrepid Group provides comprehensive e-commerce and digital solutions, focusing on Omni-Channel Management, Digital Marketing, and Market Intelligence, helping brands enhance their online presence in Southeast Asia.Founded in 2017, Intrepid Group is based in Singapore and specializes in e-commerce and digital solutions. The company was part of a recent acquisition by Ascential plc in June 2022, which aimed to strengthen its presence in the Southeast Asian market. The firm has completed five deals, and the latest funding round involved a Trade Sale worth USD 57.00 mn. Key figures in the company include Campbell Adams and James Thornton, with Darrell Wade and Geoff Manchester listed as founders.Intrepid Group Asia specializes in Omni-Channel End-to-End E-commerce Management, Digital Marketing, and Market Intelligence. Their solutions empower brands to effectively navigate the online marketplace, collaborating with over 50 brands across Southeast Asia, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.In 2021, Intrepid Group reported a revenue of USD 19.97 mn, while the EBITDA in 2022 stood at USD -1.03 mn. Their revenue model includes partnerships with brands and marketplaces, providing subscription-based services and performance-based fees to ensure sustainable growth.Following the acquisition by Ascential plc in June 2022, Intrepid Group plans to leverage the new resources to expand its operations in Southeast Asia further. The firm is expected to design and launch new products aimed at enhancing e-commerce capabilities for brands in the region, though specific release dates have not been detailed. The acquisition is intended to bolster Ascential's market presence in Southeast Asia, supporting future growth initiatives.

## Funding rounds

- Series B, May 28, 2021, $13M — Vulpes Investment Management, Thakral Corporation, Mirabaud Asset Management
- Series A, Nov 1, 2019 — 500 Global, Kairous Capital, Sun SEA Capital

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Kairous Capital (https://capitalatlas.ai/funds/kairous-capital) — Series A
- Sun SEA Capital (https://capitalatlas.ai/funds/sun-sea-capital) — Series A
- Vulpes Investment Management (https://capitalatlas.ai/funds/vulpes-investment-management) — Series B
- Thakral Corporation — Series B
- Mirabaud Asset Management (https://capitalatlas.ai/funds/mirabaud-asset-management) — Series B