One such player in operations today is Efficient Capital Labs (ECL) an efficient non-dilutive capital provider for B2B SaaS Startups that has recently closed an $11million Series A round. For this investment of funds, the company will extend its market into the Southeast Asia region, while it already has a market in South Asia, and the United States. ECL has shown exponential growth in the current short time period where it has started generating more than $70 million of financing for more than 100 companies in a single year. The new funding is designed to allow ECL to attract the talent it needs to continue its expansion and break into new markets; this includes a Chief Revenue Officer, Chief Marketing Officer and head of business development.
Efficient Capital Labs Secures $11M to Fuel Southeast Asian Expansion
