Eezee Company Market Research Report

Company Overview

• Name: Eezee

• Mission: To digitalise commerce for business users with an unparalleled purchasing experience.

• Founded: April 26, 2017

• Founders:

• Logan Tan, Chief Executive Officer, Co-Founder

• Jasper Yap, Chief Technology Officer, Co-Founder

• Terrence Goh, Product Manager, Co-Founder

• Headquarters: Incorporated in Singapore

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Eezee is known as the largest MRO (Maintenance, Repair, and Operations) & Business Supplies Marketplace, facilitating sourcing, onboarding, and management of suppliers across South East Asia.

Products

Eezee provides a digital platform that facilitates businesses in procuring a variety of goods. The company offers a vast range of products and services, particularly focusing on:

• MRO Products: Machinery, construction, and medical supplies.

• Catalogue: Over 133,607 items listed, sourced from 1,997 registered suppliers across 630 categories.

Product Highlights

1. Enterprise Programme:

• Description: E-commerce platform tailored for businesses.

• Key Features:

• Simplifies sourcing processes and integrates smoothly with businesses.

• Helps manage compliance with procurement rules.

• Supports purchasing with credit terms.

2. Ex-Stock:

• Description: Service for keeping operations running with readily available stock.

• Key Features:

• Ensures the availability of critical supplies without delays.

3. ERP PunchOut Integration:

• Description: Integration feature for reducing procurement workload.

• Key Features:

• Offers seamless integration with existing ERP systems to streamline processes.

4. Visual Track & Trace:

• Description: Real-time visibility solution.

• Key Features:

• Provides detailed insight into purchase tracking and expected delivery dates.

5. AI Procurement Agent:

• Description: Artificial Intelligence-based procurement management.

• Key Features:

• Automates procurement tasks to increase efficiency and reduce manual workload.

6. Customer Reviews:

• Positive feedback regarding excellent customer service and reliable product deliveries.

• Commended for communication and service beyond expectations.

Recent Developments

• Expansion:

• Expanded operations to Indonesia and Malaysia in 2021.

• Continued expansion into the Philippines in 2022.

• Press Coverage:

• Various reports highlight Eezee’s role in the growing B2B MRO market, estimated at US$616 billion globally.

• Notable Partnerships:

• Collaborated with government bodies and businesses in initiatives to enhance e-commerce capabilities.

• Investment Rounds:

• In 2018, raised seed funding from Insignia Ventures Partners.

• In September 2022, announced a $7.5 million funding round led by Ayala’s ACTIVE fund.

• Innovations:

• Eezee’s procurement platform continues to integrate digital innovations to streamline the purchasing process.

New Features and Products

• No information on new product launches or feature additions.

Overall, Eezee is seen as a pioneering marketplace in the digital procurement sector in South East Asia, particularly for MRO and business supplies.