Singapore’s Lanturn Secures $3M Seed Funding to Revolutionize SME Corporate Services
Tech-Enabled Platform Simplifies Business Administration for Growing Companies
Singapore-based corporate services provider Lanturn has successfully raised $3 million in seed funding to expand its innovative platform that helps SMEs and startups streamline their administrative operations. The round was led by East Ventures and CoCoon Ignite Ventures, with participation from several prominent individual investors.
Transforming Corporate Services Through Technology
Lanturn addresses a critical pain point for small and medium-sized businesses: the overwhelming administrative burden that distracts from core operations. The company offers:
- Business incorporation services
- Visa processing for international hires
- Automated bookkeeping and compliance
- Cloud-based document management
“Our platform enables businesses to focus on growth while we handle the paperwork,” explained CEO Velisarios Kattoulas. “The pandemic has actually demonstrated the value of our digital-first approach, as we’ve maintained seamless service throughout lockdowns and remote work periods.”
Investor Confidence in Digital Transformation
East Ventures’ managing partner Batara Eto highlighted why the firm backed Lanturn: “In today’s challenging environment, businesses need agile solutions. Lanturn’s technology-driven approach to corporate services helps companies operate more efficiently and make data-informed decisions.”
Growth Trajectory and Market Position
Since spinning off from management app Zave two years ago, Lanturn has:
- Grown to nearly 400 clients
- Served businesses ranging from solo founders to 100+ employee firms
- Expanded its service capabilities during the pandemic
The seed funding will be allocated to:
- Technology platform enhancements
- Strategic hiring across engineering and customer success teams
- Service offering expansion
Competitive Advantage in a Digital Age
Unlike traditional corporate service providers, Lanturn’s proprietary platform enables:
- Real-time document access
- Automated compliance tracking
- Seamless cross-border operations
- Data-driven business insights
This technological edge has proven particularly valuable during COVID-19, as businesses increasingly prioritize digital solutions over paper-based processes.
Investor Syndicate Highlights Industry Confidence
The funding round attracted notable participants including:
- Alex Turnbull (individual investor)
- Saki Georgiadis (RVP Equity)
- Meiyen Tan (Oon & Bazul)
- Chris Kelly (White & Case)
- Tiang Lim Foo (Next Billion Ventures)
This diverse group of backers reflects strong cross-sector belief in Lanturn’s potential to transform corporate services through technology.
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