Rigel Technology
Latest round
- Series B
Last raised
- May 2021
Total raised
- $1.6M
Investors
- 1
About Rigel Technology
Founded in 1975, Rigel Technology operates from Singapore and focuses on delivering innovative technology solutions.7 mn post-money.The company focuses on delivering innovative solutions tailored to meet the needs of specific market segments. Their core product offerings encompass advanced technology solutions designed to streamline operational efficiencies and enhance user experiences. These products are engineered to address challenges faced by businesses in sectors such as healthcare, finance, and retail, with a primary emphasis on driving productivity and optimizing workflows. The firm caters to a diverse client base, including mid-sized enterprises and large corporations, primarily located in North America and Europe, where their products have seen substantial adoption since their launch.75 mn. The company's revenue model is structured around a combination of subscription services and direct sales, facilitating robust transactions with their clientele. Typical transactions involve clients subscribing to a suite of services that offer perpetual updates and support, ensuring they maximize the value derived from the products. Businesses may purchase an annual subscription for a flagship software suite, which includes tiered pricing plans designed to accommodate varying levels of usage and feature access.Rigel Technology aims to launch new products tailored to evolving market needs and is exploring expansion into additional geographic markets, including Asia and Europe, by the end of 2024.65 mn will support these initiatives, enabling the development of innovative solutions and enhancing market presence.
Who invested in Rigel Technology
1 investor across 1 round
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Funding rounds
Series B
May 21, 2021
Amount
$1.6M
Investors
Questions about Rigel Technology
Who invested in Rigel Technology?
Rigel Technology has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rigel Technology raised?
Rigel Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Rigel Technology last raise money?
Rigel Technology's most recent round on record is a Series B, in May 2021.
What does Rigel Technology do?
Founded in 1975, Rigel Technology operates from Singapore and focuses on delivering innovative technology solutions.
Where is Rigel Technology headquartered?
Rigel Technology is headquartered in Singapore, Singapore.
Which VCs invest in companies like Rigel Technology?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back logistics & distribution companies at Rigel Technology's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Series B
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