Hiip, the leading social influencer platform in Vietnam & Thailand, announced today that it has closed a 7 digit series A round led by Thailand’s Vnet Capital. Also investing were Japan Strategic Capital, Tokyo listed marketing technology company Rentracks and Singapore based Vulpes Investment Management.
Hiip uses proprietary artificial intelligence (AI) technology to help brands and advertisers find, connect and work with the perfect blend of social media influencers at scale. Hiip has worked with more than 500 brands and 6,000 influencers since its inception with the highest client loyalty in the region. Revenue is doubling every six months.
Phi Nguyen, co-founder and CEO of Hiip Asia, said “Our vision since day one is to be the leading influencer platform in Southeast Asia. We are happy to be backed by Vnet’s extensive network and track record of investing successfully in technology startups to help u accelerate and achieve this vision.”
Chairman of Hiip Thailand Michael Graham Hyde went on to say “We are very excited with this opportunity to work with Vnet and other forward-thinking investors in this round. In the few short months since we launched in Thailand in 2018, we are growing exponentially with reputed clients like AIS, Truemoney and thousands of signed-up influencers, and ready to take Hiip Thailand to the next level.”
Vnet Capital president Sopon Punyaratabandhu said, “Hiip quickly became the market leader in Vietnam and will soon be the leading influencer platform in Thailand. We were impressed with the team and the technology and their commitment to bringing value to the Thai social influencer arena.”
About Hiip
Hiip is the leading influencer platform in Vietnam and Thailand. It uses big data and AI technology to help brands and advertisers work with right social influencers at scale. More information can be found at: https://hiip.asia/