SubPlace

SubPlace

SUBPLACE is Asia's 1st subscription platform that lets you subscribe for what you need with just the click of a button. Subscriptions Make Life Easier!. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$9—14m (Dealroom.co estimates Aug 2021.)
Kuala Lumpur Malaysia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues<1m1.3m2.2m
% growth-38 %68 %
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DateInvestorsAmountRound

$2.3m

Seed
Total Funding$2.3m

Recent News about SubPlace

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Subplace.com is a pioneering online subscription platform based in Asia, designed to cater to the daily needs of consumers through a subscription model. The platform allows users to subscribe to a wide range of products, from groceries and snacks to high-value items like furniture and electronics. These high-value products come with guaranteed warranties and servicing, providing peace of mind to consumers. Subplace.com serves a diverse clientele, including individual consumers looking for convenience and businesses seeking to transform their sales model to a subscription-based system. The company operates in the e-commerce and subscription services market, leveraging the growing trend of subscription-based consumption. Its business model revolves around recurring monthly income from subscriptions, ensuring a steady revenue stream. Subplace.com makes money by charging subscription fees for the products and services offered on its platform. The company also partners with verified businesses, ensuring that payments are only released after orders are fulfilled, thereby maintaining high customer satisfaction and trust.

Keywords: subscription platform, daily necessities, high-value products, warranty, customizable plans, e-commerce, recurring income, verified businesses, Asia, convenience.