When was Beebag founded?

Beebag was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Beebag located?

Beebag is headquartered in Shah Alam, Malaysia.

Who is the current CEO of Beebag?

Joshua Lim of Beebag. They have also founded 1 company.

How many employees does Beebag have?

As of May 31, 2026, the latest employee count at Beebag is 9.

Is Beebag a funded company?

Beebag is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 19, 2023.

When was the latest funding round of Beebag?

Beebag's latest funding was a $***** Seed round on Apr 19, 2023, with participation from 1 investor.

Where does Beebag rank among its competitors?

Beebag ranks 4th amongst 8 active competitors, of which 3 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Beebag, which secured $100K in Apr, 2023.

Who are the top competitors of Beebag?

Beebag's top competitors include ShopBack, Fave and MilkADeal. Among them, Beebag secured the most recent funding round in April, 2023.

Beebag - 2026 Company Profile, Team, Funding & Competitors

Beebag is a seed company based in Shah Alam (Malaysia), founded in 2021 by Joel Lim and Joshua Lim. It operates as an App-based platform offering rewards and cashback. Beebag has raised $100K in funding from ScaleUp Malaysia. The company has 8 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like ShopBack, Fave and MilkADeal.

Company Details

Website: www.beebag.co
Social

Key Metrics

Founded Year

2021

Location

Shah Alam, Malaysia

Stage

Seed

Total Funding

$100K in 1 round

Latest Funding Round

Seed, Apr 19, 2023, $*****

Investors

ScaleUp Malaysia

Ranked

4^th among 8 active competitors

Employee Count

9 as on May 31, 2026

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View Beebag's full profile

Beebag is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BEEBAG SDN. BHD. CIN: 202101021116(1421416-D) , Malaysia, Active	Jun 11, 2021	-	-	-
BEEBAG SDN. BHD. CIN: 202101021116 , Malaysia, Active	Jan 01, 2021	-	-	-

Beebag has raised a total funding of $100K over 1 round. Its latest funding round was a Seed round on Apr 19, 2023 for $*****. 1 investor participated in its latest round. Beebag has 1 institutional investor.

Here is the list of recent funding rounds of Beebag:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 19, 2023	3969470	Seed	8307143	7207065	1167548	1563798

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View details of Beebag's funding rounds and investors

The founders of Beebag are Joel Lim and Joshua Lim. Joshua Lim is the CEO of Beebag.

Here are the details of Beebag's key team members:

Joel Lim: Co-Founder of Beebag.
Contact Info: 1 email address
Joshua Lim: Co-Founder & CEO of Beebag.
Contact Info: 1 email address

View details of Beebag's Founder profiles and Board Members

Beebag's employee count trend

Beebag has 9 employees as of May 26. Here is Beebag's employee count trend over the years:

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Top competitors of Beebag include ShopBack, Fave and MilkADeal. Here is the list of Top 10 competitors of Beebag, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ShopBack 2014, Singapore (Singapore), Series F	Online platform providing cashback rewards, coupons, and promo codes for purchases	$350M	East Ventures, Temasek & 41 others	78/100
2nd	Fave 2015, Kuala Lumpur (Malaysia), Acquired	App based platform offering deals and rewards on multi-category products and services	$32M	Sequoia Capital, Venturra Capital & 8 others	66/100
3rd	MilkADeal 2011, Kuala Lumpur (Malaysia), Seed	Cashback for purchases made	$165K	Ficus	28/100
4th	Beebag 2021, Shah Alam (Malaysia), Seed	App-based platform offering rewards and cashback	$100K	ScaleUp Malaysia	18/100
5th	Getex Malaysia 2015, Petaling Jaya (Malaysia), Unfunded	Online deals aggregator and discovery platform	-	-	16/100
6th	Octaplus 2019, Kuala Lumpur (Malaysia), Unfunded	App-based platform offering cashback and deals	-	-	16/100
7th	CentEase 2015, Bayan Lepas (Malaysia), Unfunded	Coupons and discounts scoring site	-	-	16/100
8th	RewardMama 2010, Petaling (Malaysia), Unfunded	Provider of cashback and rewards platform	-	-	16/100
9th	Doropu 2020, Kuala Lumpur (Malaysia), Deadpooled	App-based platform offering discounts and rewards	-	RISE	16/100
10th	SoBonus Solutions 2014, Kuala Lumpur (Malaysia), Deadpooled	Online platform that enables users to earn rewards and cashback while shopping online or engaging with partner brands	-	-	15/100