Companies · Fintech

borongWinter 2020Active

Kuala Lumpur · Federal Territory of Kuala Lumpur, Malaysia · Fintech · founded 2020 · https://www.borong.com/

Diligence memoA one-page analyst read on borong — recommendation, valuation, rhythm, risks.
Total raised · real
0
Rounds
Latest step-up
Top 35%
Sector rank · raised
Latest stage · inferred

borong: limited disclosed financing to assess.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Where it sits in Fintech

borong is one of 1063 Fintech companies tracked from Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia, on record since 2020. By capital raised it ranks mid-pack (ahead of 66% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

borong is a SaaS-enabled marketplace that connects brands like…

Our mission is to help local independent retailers find their best-sellers investors by matching them with the right supplier and brands. We believe that today's evolution of the wholesale industry has stifled the growth of many SME businesses. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. Hence we are determined to transform this industry by providing businesses the right tools to grow. Our modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store - all on a single marketplace platform. And our software tool for suppliers helps businesses to deal with all the pain points of growing customer database, from ordering to payments. With our data-driven approach, we connects local, independent retailers with the right brands, distributors, and wholesalers to stock their store with the best products. This saves retailers and suppliers time and money, allowing them to focus on what's most important: building and running their business. borong is headquartered in Kuala Lumpur, Malaysia.

B2BMarketplaceSaaSfintechsaas
Find borong online

As reported in public records reported — not modeled.

MY
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

No round amounts on record to chart.

Financing ladder & sequence gaps

No staged rounds to sequence.

Modeled valuation trajectory
Base estimate est.
Conservative case
Upside case
Modeled post-money

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Financing rhythm
Avg between rounds
Capital velocity
On record since
First round
0
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)
This company
Sector median$4.3M
Modeled value — vs sector median (estimate, all stages)
This company
Sector median$45.0M

Raised more than 66% of sector peers (real $). Modeled value above 66% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
No rounds recorded.
Intelligence
Modeled next raise
Modeled next size est.
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

borong is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
MY
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
1stCollabFintechsame sector
AbacusFintechsame sector
Absa BankFintechsame sector
AccendFintechsame sector
Accept.inc (formerly BoardRE)Fintechsame sector
AerFintechsame sector
AffinityFintechsame sector
Agent Banking CompanyFintechGrowth/Latesame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
JoinSub
India's first aggregator and provider of local business subscriptions
Fintech75%
Bolster
The platform for buying, selling and managing residential construction
Fintech75%
Middesk
We make it easier for B2B companies to transact with one another
Fintech74%
Finantier
Plaid for Southeast Asia
Fintech73%
Suplias
We enable FMCG distributors in Africa buy inventory on credit
Fintech73%
ControlHub
Purchasing Software | Procure-to-Pay SaaS
Fintech73%
Podium Corporation, Inc.
Get more leads. Make more money.
FintechSeries C$2.0B73%
Saudara AI
AI Native Sourcing Broker For Overseas Manufacturing
Mobility / Logistics73%
Frequently asked
What does borong do and where is it based?
borong operates in the Fintech sector, based in Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia. borong is a SaaS-enabled marketplace that connects brands like…
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See where borong sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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