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Borong - About the company

Borong is a series A company based in Shah Alam (Malaysia), founded in 2016. It operates as an Online B2B marketplace offering a wide range of products. Borong has raised $4.71M in funding from investors like Vynn Capital, Y Combinator and HCL Technologies. The company has 12 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Alibaba, Lapasar and Daganghalal.

Company Details

Online B2B marketplace offering a wide range of products. The catalog includes home & kitchen supplies, bath & body supplies, electronics supplies, sports & hobbies supplies, and more.
Website
borong.com
Social
XFacebook
Key Metrics
Founded Year
2016
Location
Shah Alam, Malaysia
Stage
Series A
Total Funding
$4.71M in 9 rounds
Latest Funding Round
Ranked
Annual Revenue
$50M - $100M as on Dec 31, 2024
Employee Count
171 as on Jul 31, 2026
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Borong's funding and investors

Borong has raised a total funding of $4.71M over 9 rounds. Its first funding round was on Jan 2017. Borong has 13 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Borong:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 11, 2024
4348812
Series A
2675709
1721324
4277771
5421226
Jan 20, 2022
3287860
Series A
5252229
4372280
5170348
Jan 20, 2022
3281840
Conventional Debt
1003289
1534455
8413903
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Borong's founders and board of directors

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Borong's employee count trend

Borong has 171 employees as of Jul 26. Here is Borong's employee count trend over the years:
Employee count trend for Borong
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Borong's Competitors and alternates

Top competitors of Borong include Alibaba, Lapasar and Daganghalal. Here is the list of Top 10 competitors of Borong, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Alibaba
Alibaba
1999, United States, Public
Online marketplace connecting global buyers with manufacturers, suppliers, and exporters
-
80/100
2nd
Logo for Lapasar
Lapasar
2018, Klang (Malaysia), Series A
Platform for B2B procurement for SMEs and large enterprises
$8.82M
52/100
3rd
Logo for Borong
Borong
2016, Shah Alam (Malaysia), Series A
Online B2B marketplace offering a wide range of products
$4.71M
49/100
4th
Logo for Daganghalal
Daganghalal
2008, Kuala Lumpur (Malaysia), Seed
Online e-distributor offering multi-category products
$830K
-
30/100
5th
Logo for Good 2 Trade
Good 2 Trade
2019, Shah Alam (Malaysia), Unfunded
Online B2B marketplace offering multi-category products
-
-
24/100
6th
Logo for Solaris Trade
Solaris Trade
2020, Kuala Lumpur (Malaysia), Unfunded
E-distributor offering multi-category products
-
-
24/100
7th
Logo for Malaysia Trade Mart
Malaysia Trade Mart
2016, Kuala Lumpur (Malaysia), Unfunded
Online B2B marketplace offering multi-category products
-
-
24/100
8th
Logo for iBusiness Brokers
iBusiness Brokers
2011, Kuala Lumpur (Malaysia), Funding Raised
Online local services business directory
-
22/100
9th
Logo for Zilzar
Zilzar
2011, Kuala Lumpur (Malaysia), Deadpooled
B2B halal e-commerce platform
-
-
19/100
10th
Logo for Trade42
Trade42
Klang (Malaysia), Unfunded
Online B2B marketplace offering a wide range of products and services
-
-
16/100
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Borong's Investments and acquisitions

Borong has made no investments or acquisitions yet.

Reports related to Borong

Here is the latest report on Borong's sector:

News related to Borong

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FAQs about Borong

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