Evo Commerce is a DTC brand builder, focusing on high-quality supplements and hair products, with a mission to make premium health and beauty products accessible to consumers worldwide. Operating in 10 markets, with team members based in Singapore and Indonesia, the company's hero product, BounceBack, has become one of the fastest-growing CPG brands globally, particularly favored by bankers, traders, influencers, and bartenders for its high efficacy against hangover post drinking. The aim is to establish BounceBack as the Redbull of hangover recovery, providing accessible hangover remedies to drinkers worldwide. Other products within the group include Stryv.co and getmantou.com. Evo Commerce is a strong proponent of direct-to-consumer brands, believing that in the new world post-COVID, consumers will increasingly purchase directly from global brands via digital native storefronts, bypassing traditional distribution channels. This, in turn, leads to greater efficiency in commerce and information flow while also elevating product quality and drastically reducing costs. The company seeks to catalyze this paradigm shift within the health and beauty industry. Founded in 2020 and headquartered in Singapore, the company secured a noteworthy $2.80M in its Seed Round investment on 18 September 2023. The investment came from an impressive lineup of investors, including Bonjour Holding (Listing No. 0653.HK), SparkLab Ventures, Paragon Capital, Farquhar Ventures, East Ventures, and super angels such as founders and management teams from Grab, ShopBack, Carro, Prism+, Tiktok, Airbnb, Spenmo, Nasper, and others.
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