Sleek Extends its Seed Round to USD $5m and Accelerates in Hong Kong

SINGAPORE, Dec. 16, 2019 /PRNewswire/ -- Sleek, a cloud-based corporate service provider, today announced the extension to USD 5M of its seed round, led by private investors Pierre Lorinet and Fabio Blom, and MI8, an Asia focused European backed private investment company. Pierre will take a seat at the Sleek board of directors.Other notable investors of Sleek include Martin Crawford, former Group CEO of corporate services giant Vistra; Olivier Gerhardt, Founder of Wavecell; Eric Barbier, Founder of TransferTo; Olivier Legrand, MD Asia at Linkedin; and Stem Financial, a Hong Kong based private investment firm.Since launching in September 2017, Sleek has grown to 85 staff and onboarded more than 2,000 companies. With its new funds, it will look to expand its tech team to accelerate the development of new features, increase the operational capability, and accelerate its development in Hong Kong.Lead investor Pierre Lorinet says, "If we look at the Maslow hierarchy of needs for entrepreneurs, Sleek covers the whole of the first level with its compliance services. Incorporating a company and then managing its administration and accounting is essential whether your company is big or small, and as an entrepreneur, your time is better spent building your business. With its technology, Sleek offers that autopilot service every entrepreneur is looking for, especially in countries such as Singapore or Hong Kong where everything goes so fast."
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