Fundz

Pathao raised $12 million in a pre-series B funding round led by VentureSouq to expand its fintech services.

PRIVATESep 14, 2024

Amount Raised

$12 Million

Round Type

Series B

DhakaSoftware

Investors

Openspace VenturesSouth Asia TechOsiris GroupAnchorless BangladeshVenture Souq

Description

Pathao has raised $12 million in a pre-series B funding round to shift towards fintech, bringing its total capital to over $50 million. The round was led by VentureSouq, with participation from multiple investors including Anchorless Bangladesh and Openspace Ventures.

Who else raised in Software around the same time

Companies in the same sectors as Pathao that raised within 45 days of this round, from Fundz verified event records.

  • EvoluteIQ raised $20M on October 29, 2024.
  • Emidat raised $4.3M (Seed) on October 29, 2024.
  • Oboe raised $4M (Seed) on October 29, 2024.
  • Sierra Technologies raised $175M (Funding Round) on October 29, 2024.
  • GlassFlow raised $4.8M (Seed) on October 29, 2024.
  • Semble raised $15M (Series B) on October 29, 2024.

Who to call at Pathao, and when

A new round usually means Pathao is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pathao raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pathao, from your own LinkedIn network

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Company Information

Company

Pathao

Location

Dhaka, Dhaka Division, Bangladesh

About

Pathao is the fastest growing technology company in Bangladesh solving some of the country’s most challenging problems in logistics and transportation. We are dreamers, scientists, operators, and entrepreneurs. Our culture is progressive, non-hierarchical, meritocratic, and collegial. We are looking for high achievers who will go above and beyond their job descriptions to fulfil a shared vision. If you are entrepreneurial, seek to change society with technology, and want to super-charge your career out of the regular 9 to 5, then Pathao is the place for you.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pathao raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.