Investment

Boston-based family office backs “Amazon for businesses” group

A Singapore-based startup that aims to be the “Amazon for business” has just received funding from three investors, one of which is the family office of a prominent private equity specialist and co-owner of the Boston Celtics basketball team. 

Pags Group, the family office of Stephen Pagliuca, the co-chairman of Bain Capital and one of the most successful private equity managers in the US, has invested an undisclosed amount alongside two other institutional investors in Eezee. 

Singapore-based Eezee has already gained many high profile clients including Shell, Chevron, and ExxonMobil since it launched its streamlined procurement process business in 2017. This latest investment will be used to grow the business internationally, according to its chief executive and co-founder, Logan Tan

Pagliuca and Pags Group have been busy investing in venture in the last year with other notable investments being India gaming platform WinZO, Indonesian social commerce group buying platform Super, and communication and operations platform Teamworks.

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