Peeba Analysis: $4M Raised
What is Peeba?
Peeba is a wholesale marketplace connecting independent retailers in Asia to curated brands, facilitating sales growth in new markets effortlessly.
Product Features & Capabilities
- wholesale marketplace, access to over 3000 curated brands, low order minimums, net-60 payment terms, cross-border payment solutions, no upfront inventory costs, product categories including home and kitchen items, food and drinks, beauty and wellness
Pricing
- Peeba charges a small fee for setup, localization, and customer acquisition/retention.
- Fee structure may vary based on category.
- No fees for existing stockists and self-sourced prospects using Peeba Direct tools.
- Peeba Direct allows taking wholesale orders online.
How much Peeba raised
Seed - $4.2 million
April 7, 2022Lead Investor: Headline Ventures
Who are the founders of Peeba
JL
Jacky Lai
Founder and CEO
Business Model
B2B wholesale marketplace using a "sell first, pay later" revenue model.
Competitors Overview
Peeba operates in the B2B wholesale marketplace sector, connecting independent retailers across Asia with a curated catalog of brands. Its main competitors include:
- Faire: An online marketplace that uses machine learning to match local retailers with product makers. It offers a wide variety
Investors
- Acorn Pacific Ventures
- R2 Venture Partners
- Rebel Fund
- The JHA Capital
- Trajectory Ventures
- Eight Capital
- Y Combinator
- Headline
- Mana Ventures
Market Focus
Peeba primarily focuses on the wholesale marketplace industry, connecting independent retailers across Asia with a curated catalog of brands to facilitate sales growth in new markets.
See something that needs updating? Suggest edits to this profile.