Wormwood

What Wormwood does

Wormwood Pte. Ltd. is a Singapore-headquartered, privately held enterprise technology and AI company founded around 2012, operating across six markets — Singapore, Malaysia, Indonesia, Brunei, Australia, and China. The company functions as a hardware-to-cloud infrastructure provider serving five vertical segments: public sector (Changi Airport Group, MPA Singapore), retail and F&B (Scarlett, WeBuy, parking operators such as Wilson, Mack, and JT Top Parking), fintech and digital payments, sustainable energy (EV charging operators including SP Group and CDG), and AI-driven enterprises. Customer logos also include Boeing, Allgreen Properties, and 12EAT — the latter being an ecosystem partner whose platform processes $15M+ annual GMV with 700,000+ users.

The company's product portfolio is organized around four core offerings. Pylon Payment & AI POS is a dual-layer payment ecosystem combining a free SoftPOS mobile app with enterprise hardware terminals, featuring active-active routing between NETS and 2C2P networks and support for major card schemes plus regional wallets (PayNow, DuitNow, Touch 'n Go, GrabPay, ShopeePay, WeChat Pay, Alipay). EV Charging CSMS provides an OCPP-compliant charging station management system with embedded billing, smart-grid load balancing, and 99.9% billing uptime at reported scale. Lark & BytePlus AI combines official distributorship of ByteDance's Lark collaboration suite with BytePlus ArkClaw enterprise LLM deployment and a Wormwood Token Aggregator providing unified API access to DeepSeek 4.0 and open-source models. Enterprise Cloud & Hosting provides high-availability server infrastructure achieving 99.99% uptime and sub-5ms payment routing latency on localized bare-metal nodes.

Wormwood runs a hybrid go-to-market motion: enterprise field sales for large public- and private-sector accounts with consultation-based lead capture; a product-led-growth / freemium SoftPOS tier for SMB and startup segments; and a sales-led channel leveraging Singapore government grants (EDG, CTOaaS) reducing customer CapEx by up to 50%. Revenue streams span SaaS subscriptions, hardware sales and leasing, transaction processing fees, usage-based AI token services, and professional services / implementation consulting. The company claims 12 years of profitable, financially independent operation with no disclosed external funding rounds, management team, or audited revenue figures; published headline metrics on its website (Revenue Scale, Platform Users, Annual GMV) appear as unfilled placeholders rather than reported values.

Name

Wormwood

Legal name

Wormwood Pte. Ltd.

Website

https://wormwood.com.sg

Company type

Private

Operating status

Operating

Short description

Wormwood is a Singapore-based enterprise technology and AI company that builds hardware-to-cloud infrastructure — including payment systems, EV charging management, AI deployment, and cloud hosting — for public-sector, retail, fintech, energy, and AI-driven enterprise clients across Southeast Asia.

Ownership category

akta.pro rank

Product category

Enterprise Cloud Infrastructure & AI Platforms

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

Smart Grid Automation & Distribution Management (DA/ADMS) (EUADAPAA), AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ)

Keywords

• Enterprise cloud services
• Payment processing platforms
• EV charging management
• AI workflow automation
• IoT middleware solutions

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Software/SaaS Subscriptions: Subscription-based software solutions including EV CSMS, Pylon POS, Lark AI integration, and enterprise cloud hosting with tiered service levels
2. Hardware Sales and Leasing: Enterprise hardware terminals and unattended cash registers available for sale or lease to large chains and enterprise clients
3. Transaction Processing: Payment processing fees from transaction routing through Pylon platform with active-active switching between payment networks
4. AI Token and API Services: Revenue from token aggregation services providing access to DeepSeek 4.0 and open-source AI models via unified enterprise API
5. Professional Services: Implementation, consulting, and system integration services including grant acquisition support for government digital transformation projects

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Wormwood is a Singapore-based enterprise technology and AI company that delivers a full-stack hardware-to-cloud portfolio spanning EV charging management, payment and POS infrastructure, enterprise AI automation, and high-availability cloud hosting. Its four core products (EV Charging CSMS, Pylon Payment & AI POS, Lark & BytePlus AI, and Enterprise Cloud & Hosting) are sold to enterprises, governments, EV charging operators, retail chains, and fintechs across Southeast Asia, Australia, and China, with a free SoftPOS tier extending reach to startups and SMBs.

Product overview

Wormwood is a Singapore-based technology and AI company offering an integrated portfolio of enterprise solutions across four core products: EV Charging CSMS (end-to-end EV charger management and billing system), Pylon Payment & AI POS (dual-layer payment ecosystem combining SaaS SoftPOS with enterprise hardware), Lark & BytePlus AI (enterprise AI automation via Lark Suite integration and BytePlus models), and Enterprise Cloud & Hosting (high-availability infrastructure with Token APIs). The products are designed to work together as a hardware-to-cloud ecosystem, enabling full-stack capabilities from physical payment terminals and EV chargers through to AI-powered cloud infrastructure and enterprise collaboration tools.

Differentiator

Problem solved

Functional benefit

Brands

• Pylon: Payment & AI POS product offering zero-cost startup SaaS with free app and enterprise hardware for large chains.
• EV Charging CSMS
• Lark & BytePlus AI
• Enterprise Cloud & Hosting
• Openclaw

Products and services

• EV Charging CSMS End-to-end software and billing system for EV charging infrastructure, enabling one-click public access to charging piles, government regulation compliance, and multi-payment method support. Includes an OCPP-compliant hub that unifies monitoring and firmware upgrades across mixed-manufacturer charging stations and embeds Pylon payment bridging for direct microsecond clearing. Designed for EV charging point operators and energy providers managing national charging networks.
• Pylon Payment & AI POS Dual-layer payment and AI POS solution combining a free SaaS SoftPOS app with enterprise hardware (desktop terminals and unattended cash registers) for zero-cost startup and scalable operations. Features active-active routing between NETS and 2C2P for zero downtime and supports comprehensive local payment networks including Visa, Mastercard, Apple Pay, Google Pay, NETS, PayNow, DuitNow, Touch 'n Go, GrabPay, ShopeePay, WeChat Pay, and Alipay. Targeted at retail chains, F&B outlets, and SMB startups.
• Lark & BytePlus AI Enterprise AI platform combining official Lark Suite distribution with BytePlus AI models (ArkClaw and Seedance 2.0) and Wormwood's multi-model Token Aggregator, providing access to cheapest DeepSeek 4.0 tokens and open-source models via a unified enterprise API. Enables AI agent deployment inside enterprise collaboration layers, including on-premise ArkClaw LLM orchestration on secured Volcano Engine nodes for PDPA-compliant deployments. Targeted at enterprises adopting AI for workflow automation.
• Enterprise Cloud & Hosting Secure, high-availability server deployments featuring fault-tolerant architecture, zero-downtime migration, 24/7 monitoring, and compliance-grade security management. Includes cloud servers, SMS services, and multi-model cost-effective Token APIs, with documented 99.99% uptime across multi-region server clusters. Targeted at enterprises requiring resilient digital infrastructure and AI API hosting.

Quantifiable outcome

• 95%+ fulfillment rate with 40% reduction in manual intervention for 12EAT platform supporting 700K+ users and $15M+ annual GMV
• +9 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

AI capability7 records

Feature9 records

Partnerships

Five partnerships are on record, tiered core.

• 12EATcoreStrategic or Co-development PartnerEcosystem infrastructure partner where Wormwood acts as underlying infrastructure provider for 12EAT's local lifestyle platform. Wormwood re-architected microservices achieving 95%+ fulfillment rate supporting 700K+ users and $15M+ annual GMV across SG/MY/ID markets.
• Lumi ChargingcoreStrategic or Co-development PartnerCore technology partner incubating Lumi Charging as Southeast Asia's EV Operating System. Built enterprise-grade billing engine and smart grid load management for partners like CDG and SP Group, transitioning from CMS to regional EV OS.
• Lark (ByteDance)coreTechnology or IntegrationOfficial distributor of Lark platform, providing enterprise-level deployment of Lark Suite with AI agents integrated into team's daily communication layer.
• BytePluscoreTechnology or IntegrationOfficial distributor of BytePlus AI platforms including ArkClaw and Seedance 2.0, providing enterprise-grade LLM deployment and orchestration capabilities.
• 12Eat.AIcoreTechnology or IntegrationDeep integration with 12Eat.AI POS software for smart checkout and data transactions, combined with Pylon payment ecosystem for immediate retail setup.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Lightspeed Commerce: Lightspeed is a cloud POS and commerce platform serving retail and restaurant merchants globally. Comparable to Wormwood's Pylon POS for SMB and multi-location retail/F&B segments.
• ChargePoint: ChargePoint operates one of the world's largest EV charging networks with a comprehensive Charging Station Management System (CSMS) software platform serving CPOs and enterprises. Wormwood's EV Charging CSMS with OCPP-compliance and billing uptime directly competes for the same CPO/enterprise customer segment in SEA.
• EVBox: EVBox is a European-headquartered EV charging hardware and software provider with OCPP-compliant back-office management platforms. Directly comparable to Wormwood's EV Charging CSMS offering on interoperability, billing, and fleet management capabilities.
• Toast: Toast is a leading cloud-based POS and restaurant management platform serving SMB and enterprise F&B operators. Wormwood's Pylon Payment & AI POS targets the same F&B vertical with dual-layer terminal + SoftPOS architecture and integrated payment routing.
• SumUp: SumUp is a European SoftPOS/mobile payment terminal provider focused on SMB merchants. Directly comparable to Wormwood's Pylon SoftPOS app with zero-cost startup model and Android-based terminal conversion.

Broad incumbents

• Square (Block): Square (Block) is a global incumbent in integrated POS, payments, and merchant software with broad SMB and enterprise reach. Comparable to Wormwood's Pylon ecosystem on payment processing, SoftPOS, and merchant AI tooling, though at much larger scale.
• Stripe: Stripe is a global payments infrastructure incumbent providing payment processing, routing, and developer APIs. Comparable to Wormwood's Pylon active-active routing and transaction processing infrastructure, though at vastly different scale.
• ABB E-mobility: ABB E-mobility is a global incumbent in EV charging hardware and networked charging solutions for commercial and enterprise fleets. Comparable to Wormwood's combined EV CSMS + smart grid load management offering at a much larger industrial scale.
• Schneider Electric: Schneider Electric offers enterprise-grade smart grid, energy management, and EV charging infrastructure solutions globally. Overlaps with Wormwood's smart grid load balancing and EV charging orchestration capabilities for utility and enterprise customers.

Others

• Freshworks: Freshworks is a SaaS company providing CRM, IT service, and business automation software to SMBs and mid-market enterprises. Comparable to Wormwood's enterprise cloud, AI workflow automation, and integration services on SaaS distribution and customer segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wormwood