# Selly Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/selly-co

- Industry: Consumer Services
- Headquarters: Da Nang, Vietnam
- Website: www.selly.vn
- Total disclosed funding: $2.6M
- Latest round: Seed (Feb 8, 2022)
- Investors on record: 5

## About

Based in Vietnam, and founded in 2021, Selly Co., Ltd. operates as an e-commerce company that offers a mobile application for manufacturers and wholesale distributors. The company was founded by its CEO Tuan Thong. In February 2022, Selly Co., Ltd. raised USD 2.6 million in seed funding led by new investor CyberAgent Capital, with participation from other new investors Do Ventures, Genesia Ventures, JAFCO Asia, and Kvision.

Selly runs an online e-commerce platform that assists in the distribution of goods from manufacturers to consumers via its warehouses and delivery services, as well as provides a link between manufacturers and wholesale distributors to connect. Wholesale distributors utilize the platform to obtain goods and sell them without making a deposit or spending capital, by taking a commission fee of up to 60% on the product price and returning the capital to manufacturers after the sale. As of 2022, the platform sells more than 7100 products and has a network of more than 290 manufacturers/producers. 

The company plan to use the February funding to improve its product features to offer the best experience for their resellers and suppliers, as well as expand Selly presence in more remote areas in Vietnam.

## Funding rounds

- Seed, Feb 8, 2022, $2.6M — CyberAgent Capital, JIF Capital, Genesia Ventures, Kvision, Do Ventures

## Investors

- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Seed
- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Seed
- Kvision — Seed
- Do Ventures (https://capitalatlas.ai/funds/do-ventures) — Seed