BiiB

Together We Run

  • Raising on pitchIN
  • Equity
  • Digital · Malaysia

The raise in figures

Target

MYR 1,501,131

Pre-money valuation
MYR 12.2M

At target: MYR 13.7M post-money · 10.96% equity offered

Last updated

↳ pitchIN · checked 52 min ago

About this raise

BiiB has an equity crowdfunding raise coming up on pitchIN. Based in Malaysia, BiiB sits in pitchIN’s Digital category. Investors are offered preferred shares.

BiiB is valued at RM12.2M before the new money. BiiB set a target of RM1.5M and a maximum of RM3M.

Investors from outside Malaysia can invest too, subject to pitchIN’s checks.

Buying shares makes investors part-owners of BiiB. The figures here come from pitchIN, as of Raise Sonar’s last check on . Investments are made through pitchIN; Raise Sonar doesn’t take money or hold shares.

Upcoming

Opens on pitchIN

Funding history

No amount reserved has been reported for BiiB yet, so there’s no history to draw.

About BiiB

Summarised by Raise Sonar from BiiB’s pitchIN pitch

BiiB is a community platform for active challenges that lets runners and organisations run team-based walking and running events, including the RUNLIGA league. It serves individuals, fitness enthusiasts and corporates, and earns revenue from SaaS, B2B, B2G and hosting services as well as events. The company is based in Malaysia and lists 150,000 members across 24 countries. This raise of RM3 million is for scaling operations, enhancing technology and expanding into Singapore and Australia.

Read the full pitch on pitchIN (opens in a new tab)

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