Evo Commerce is thrilled to announce that we have successfully raised $2,100,000 in our latest funding round, marking a significant milestone in our journey as a direct-to-consumer (DTC) brand builder. Based in Singapore and Indonesia, Evolut Commerce specializes in high-quality supplements and hair products, with our flagship offering, BounceBack, rapidly becoming one of the fastest-growing consumer packaged goods (CPG) brands globally. This innovative hangover recovery product is cherished by an array of customers—ranging from bankers and traders to influencers and bartenders—due to its impressive efficacy in alleviating post-drinking discomfort. With aspirations of becoming the "Red Bull" of hangover remedies, we are committed to making our solutions accessible to drinkers worldwide.
The funding will harness our growth across 10 international markets, enabling us to further enhance our product offerings and streamline our direct-to-consumer model. At Evolut Commerce, we firmly advocate for the new paradigm in retail where consumers opt to purchase directly from brands via digital storefronts, significantly reducing reliance on traditional distributors and wholesalers. Our commitment to this evolution means higher-quality products at lower prices for consumers, setting the stage for a transformative shift in the health and beauty industry.
Our successful funding round has been backed by notable global institutional investors, including Bonjour Holding, SparkLab Ventures, and Farquhar Ventures, along with support from prominent super angels hailing from renowned companies like Grab, Tiktok, and Airbnb. With their backing, we are excited to accelerate our vision and redefine the DTC landscape for health and beauty products.
