# White Labs Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/white-labs-pte

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.travelstop.com
- Total disclosed funding: $5.2M
- Latest round: Series A (Jan 7, 2022)
- Investors on record: 4

## About

White Labs Pte. Ltd. is a Singapore-based company specializing in travel and expense management solutions, providing businesses with a comprehensive platform to streamline corporate travel processes.Founded in 2018 and headquartered in Singapore, White Labs Pte. Ltd. operates WegoPro, a platform that enhances business travel management. The founder, Prashant Kirtane, has a history of entrepreneurship, having previously initiated other ventures. The company raised USD 1.020 mn in its Series A round from investors including Accel and Malacca Ventures, bringing the total amount raised to USD 1.020 mn and achieving a current valuation of USD 11.049 mn.WegoPro provides a suite of travel and expense management solutions that integrate various functionalities for organizations to book, manage, and monitor business travel efficiently. It offers access to over 800 airlines and 600,000 hotels, focusing on enhancing productivity and satisfaction through expense automation and real-time visibility. Target customers include businesses across North America, Europe, and Asia-Pacific regions, needing effective travel management solutions.In 2023, WegoPro reported a revenue of USD 205,975.30 and an EBITDA of USD -1,043,231.60, indicating the financial performance of its subscription-based and transaction fee model for travel and expense management services.White Labs Pte. Ltd. plans to leverage recent funding to expand its product offerings and enhance the WegoPro platform. They aim to enter new markets, particularly targeting regions in Europe and Asia-Pacific by the end of 2024. The funding acquired from XA Network will support these initiatives, allowing for the development of new features and tools to improve user experience and operational efficiency.

## Funding rounds

- Series A, Jan 7, 2022, $1M — Accel, STRIVE, SeedPlus, Malacca Ventures
- Series A, Jul 12, 2019, $3M — Accel, STRIVE, SeedPlus
- Seed, Aug 27, 2018, $1.2M — SeedPlus

## Investors

- SeedPlus (https://capitalatlas.ai/funds/seedplus) — Seed, Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series A
- STRIVE (https://capitalatlas.ai/funds/strive) — Series A
- Malacca Ventures — Series A
