VE Technology Group
VE Technology Group is a Singapore-based B2B enabling technology holding company, founded in 2019, that acquires and scales enterprise tech firms across Southeast Asia. Its nine subsidiaries offer digital agency, consulting, SaaS, POS, IoT, and CRM solutions to SMBs and enterprises.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What VE Technology Group does
VE Technology Group is a Singapore-based enterprise technology holding company founded in 2019 that acquires and operates B2B enabling technology companies across Southeast Asia. The group operates as an ecosystem of nine wholly-owned subsidiaries — Corsiva Lab (digital agency), Arcana Advisory (business consulting), Next Level SG (digital marketing), Sellstream (multi-channel e-commerce SaaS), Coobiz (POS for F&B and retail), Techventure Pursuit (automation and IoT), Trueblu (social CRM), Web Imp (e-commerce web solutions), and VE Innovations (management consulting and deep tech solutions) — that collectively offer end-to-end enterprise digitalization services to small-to-medium businesses and large enterprises in the region.
The group monetizes through a combination of service fees, software subscriptions (notably Sellstream's multi-channel e-commerce SaaS and Coobiz's POS platform), and consulting engagements across its subsidiary portfolio. Its stated go-to-market relies on enterprise field sales conducted through subsidiary channels, cross-referral within the portfolio, and shared customer and partner networks. The business model is horizontal: rather than targeting one vertical, the subsidiaries collectively address the fragmented B2B technology stack for Southeast Asian SMBs and enterprises.
Operationally, VE Technology Group employs 51-100 staff, operates across four Southeast Asian countries from its Singapore headquarters, and has acquired over 15 firms since founding. In November 2023 it raised US$22 million led by Mox Capital to fund regional expansion and a planned 2024 IPO. The company claims greater than 250% year-over-year growth since 2020 and positions speed, sustainability, and cross-portfolio cost and revenue synergies as its core operating advantages.
VE Technology Group firmographics
Firmographics- Name
- VE Technology Group
- Legal name
- VE Technology Group
- Website
- https://vetechnologygroup.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- VE Technology Group is a Singapore-based B2B enabling technology holding company, founded in 2019, that acquires and scales enterprise tech firms across Southeast Asia. Its nine subsidiaries offer digital agency, consulting, SaaS, POS, IoT, and CRM solutions to SMBs and enterprises.
- Ownership category
- akta.pro rank
VE Technology Group industry classification
Industry- Product category
- Enterprise Technology Services
- NAICS
- Advertising Agencies (541810)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
- akta.pro secondary industry
- Technology & B2B PR (BPAFADAI)
Keywords
Where VE Technology Group is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
VE Technology Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- B2B Technology Services Portfolio: The group generates revenue through multiple B2B technology subsidiaries offering digital agency services, business consulting, digital marketing, e-commerce SaaS platforms, POS solutions, IoT/automation services, CRM solutions, and web development services. Revenue comes from service fees, software subscriptions, and consulting engagements across the Southeast Asian market.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
VE Technology Group product offering
Product offeringCore offering
VE Technology Group is a Singapore-based enterprise technology holding company that acquires and operates an ecosystem of B2B enabling technology companies serving SMBs and large enterprises across Southeast Asia. Through nine wholly-owned subsidiaries, the group delivers end-to-end enterprise digitalization spanning web and mobile app development, corporate branding, digital marketing, multi-channel e-commerce SaaS, point-of-sale solutions for F&B and retail, industrial automation and IoT, social CRM, e-commerce web solutions, and management consulting.
Product overview
VE Technology Group operates as an ecosystem platform that acquires and operates B2B enabling technology companies. The portfolio consists of nine subsidiaries providing complementary enterprise solutions: Corsiva Lab (digital agency), Arcana Advisory (business consulting), Next Level SG (digital marketing), Sellstream (e-commerce SaaS), Coobiz (POS for F&B/retail), Techventure Pursuit (automation & IoT), Trueblu (social CRM), Web Imp (e-commerce web solutions), and VE Innovations (turnkey deep tech solutions). Together these subsidiaries enable the group to provide unified enterprise digitalization journey end-to-end, serving SMBs and enterprises across Southeast Asia.
Differentiator
Problem solved
Functional benefit
Products and services
- Corsiva Lab
Quantifiable outcome
- >250% YOY Growth Since 2020
Companies that use VE Technology Group
Customer profileSegments3 records
Ideal customer profiles3 records
VE Technology Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
VE Technology Group partnerships and signals
Strategic signalScale indicators4 records
Recent moves7 records
Expansion highlights6 records
VE Technology Group competitors and assessment
Company assessmentDirect peers
- Globant: Globant is a global digital and technology services holding company that grows through a combination of organic build-out and acquisitions, offering end-to-end digital transformation services to enterprises. It is the most direct analogue to VE Technology Group's B2B enabling tech roll-up model.
- Endava: Endava is a technology services firm specializing in digital transformation, software engineering, and automation for enterprise clients. Its services-led model with acquired capability teams closely mirrors VE's holding-company approach to B2B technology services.
- Nagarro: Nagarro is a global digital engineering and consulting firm built through a series of acquisitions and spin-offs, providing software development and digital transformation services. Its decentralized operating model and acquisition-driven growth are structurally similar to VE Technology Group.
- Synagie Corporation: Synagie is a Singapore-based SaaS company providing e-commerce enablement, brand management, and digital commerce solutions to brands in Southeast Asia. It overlaps directly with VE's Sellstream subsidiary in the multichannel e-commerce SaaS space.
Broad incumbents
- NCS Group: NCS Group is a leading Singapore-headquartered technology services provider offering consulting, digital, and IT infrastructure services across APAC. It competes with VE in the regional enterprise digitalization space but at a much larger scale and broader scope.
- Thoughtworks: Thoughtworks is a global technology consultancy providing custom software, digital strategy, and platform engineering services. It serves as a broader incumbent against which VE Technology Group's SMB-focused digital agency offering must compete for enterprise mindshare.
- FPT Software: FPT Software is Vietnam's largest IT services company, providing digital transformation, software development, and managed services across APAC. It is a much larger regional incumbent competing for the same enterprise digitalization wallet as VE Technology Group.
- Persistent Systems: Persistent Systems is a global digital engineering and enterprise modernization services provider. While geographically broader, its services portfolio and acquisition-led growth pattern overlap with VE Technology Group's business model.
Emerging players
- Sleek: Sleek is a Singapore-based technology company providing business incorporation, accounting, and corporate services to SMBs in Southeast Asia. It targets the same SMB digitalization customer base as VE Technology Group, though with a different solution set.
- GrowSari: GrowSari is a Philippines-headquartered B2B platform providing e-commerce, SaaS, and fintech tools to SMB retailers in Southeast Asia. It targets a similar SMB digitalization opportunity as VE Technology Group, with overlap in multichannel commerce and POS solutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
VE Technology Group social profiles
Digital presenceVE Technology Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
VE Technology Group leadership team
Management profileNumber of profiles
VE Technology Group subsidiaries and ownership
Company hierarchySubsidiaries9 records
VE Technology Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VE Technology Group M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VE Technology Group
What does VE Technology Group do?
VE Technology Group is a Singapore-based enterprise technology holding company that acquires and operates an ecosystem of B2B enabling technology companies serving SMBs and large enterprises across Southeast Asia. Through nine wholly-owned subsidiaries, the group delivers end-to-end enterprise digitalization spanning web and mobile app development, corporate branding, digital marketing, multi-channel e-commerce SaaS, point-of-sale solutions for F&B and retail, industrial automation and IoT, social CRM, e-commerce web solutions, and management consulting.
Is VE Technology Group a public or private company?
VE Technology Group is a private company. It is classified as venture growth investor backed and is currently operating.
When was VE Technology Group founded?
VE Technology Group was founded in 2019. It employs 11 to 50 people.
Where is VE Technology Group based?
VE Technology Group is headquartered in Singapore, Singapore, in the Asia region.
How does VE Technology Group make money?
One revenue line is on record: B2B Technology Services Portfolio.
Who are VE Technology Group's main competitors?
Direct peers on record are Globant, Endava, Nagarro and Synagie Corporation. Broad incumbents are NCS Group, Thoughtworks, FPT Software and Persistent Systems. Emerging players are Sleek and GrowSari.
Does VE Technology Group have an API?
No public API is recorded for VE Technology Group.
What industry is VE Technology Group in?
VE Technology Group's product category is Enterprise Technology Services. Its primary akta.pro industry code is FSANAHAI, Corporate Innovation & Technology Scouting Units (with investment mandate), with a secondary code of BPAFADAI, Technology & B2B PR. Its NAICS code is 541810 and its SIC code is 8742.