FundedIQ
Commerce and Shopping

Lokein: Funding, Investors & Team (Sep 2026)

Lokein is a platform that uses artificial intelligence to help small and medium-sized enterprises (SMEs) increase their sales by 3 times within 6 months. It also provides easy management of their business from anywhere and at any time. Our solution allows these SMEs to simplify and modernize their business without requiring coding skills. It includes a social selling software that enables seamless selling and efficient business management across different channels. The software offers features such as an e-commerce storefront, a comprehensive seller dashboard, a customizable landing page builder, marketing tools with AI assistance, a Bahasa Melayu Chatbot AI assistant, an affiliate system, and an e-POS manager. This lightweight and responsive e-commerce software comes with pre-designed templates, allowing users to set up their store in just seven minutes.

www.lokein.my LinkedIn Selangor, Malaysia 11-50 employees
E-Commerce Enterprise Software Marketplace Software B2B
Total raised
$110k
Rounds
1
Latest
Undisclosed round
Aug 2023

Lokein has raised $110k across 1 funding round on record, the most recent an undisclosed round of $110k announced in Aug 2023.

That round is below the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Lokein Company Profile and Key Stats

Total funding raised
$110k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$110k in Aug 2023
Employees
11-50
reported band
Headquarters
Selangor, Malaysia

Latest funding round on record: Aug 2023.

Lokein Funding Rounds

Date
Round
Amount
Undisclosed round
$110k

Lokein Founders and Leadership Team

Name
Role
Contact
Wan Mohd Hafiz Wan Idris
CEO

No contact details are on record for this team yet.

Lokein Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

Lokein's latest round of $110k is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Lokein in Commerce and Shopping and Selangor

Companies Similar to Lokein

StoreHub Sdn Bhd (1072290-D) is a platform that helps retailers and restaurants in Southeast Asia automate…

Undisclosed round

Collektr emerges as the leading livestream bidding platform for collectibles in Asia. As a livestreaming…

Seed

being juice is a brand of fruit-based drinks that focuses on freshly made juices and smoothies. Our beverages…

Seed $1.0M

Applecrumby & Fish is a baby store, both online and in physical locations, that sells a variety of baby…

Undisclosed round $4.2M

From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point…

Undisclosed round

Lapasar.com is a B2B marketplace, giving corporate buyers access to suppliers across Malaysia - via the…

Undisclosed round $6.5M

Plant-based pioneer Plantex is an up-and-coming startup that is at the forefront of advancing food…

Pre-Seed $220k

HOMA is platform that offers building materials and home finishing products at a bargain with a strong focus…

Seed $870k

TheLorry is a lorry booking and reservation online platform that offers its users with price-fixed…

Debt Financing $100k

IPrice was set up to offer shoppers the widest selection of products and brands, provided by hundreds of…

Corporate Round $5.0M

Dropee is a SaaS-enabled marketplace that connects local independent retailers with brands in South East Asia…

Series A $3.0M

Carsome is an online used car platform that provides efficient car selling services to individuals and…

Series E $300M

Lokein Funding FAQs

What does Lokein do?

Lokein is a platform that uses artificial intelligence to help small and medium-sized enterprises (SMEs) increase their sales by 3 times within 6 months. It also provides easy management of their business from anywhere and at any time. Our solution allows these SMEs to simplify and modernize their business without requiring coding skills. It includes a social selling software that enables seamless selling and efficient business management across different channels. The software offers features such as an e-commerce storefront, a comprehensive seller dashboard, a customizable landing page builder, marketing tools with AI assistance, a Bahasa Melayu Chatbot AI assistant, an affiliate system, and an e-POS manager. This lightweight and responsive e-commerce software comes with pre-designed templates, allowing users to set up their store in just seven minutes.

How much funding has Lokein raised?

Lokein has raised $110k across 1 round on record. The most recent is an undisclosed round of $110k announced in Aug 2023.

When did Lokein last raise funding?

Lokein's most recent funding round on record is an undisclosed round of $110k, announced in Aug 2023.

Who is the CEO of Lokein?

Wan Mohd Hafiz Wan Idris is listed as CEO at Lokein.

Where is Lokein headquartered?

Lokein is based in Selangor, Malaysia.

How many employees does Lokein have?

Lokein is in the 11-50 employee band.

How does Lokein's funding compare to other Commerce and Shopping startups?

Lokein's latest round of $110k is below the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Lokein Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Lokein is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.