19-Sep-23 10:00

David Wong, CEO and Co-founder, Deemples

Golfing startup Deemples wants to help people more easily find golf buddies and organise games at preferred locations and time slots. Founded in 2017, it has raised around RM2.5 million so far to power this goal.

Its last funding round was back in 2020 when it raised around US$350,000 (RM1.5 million), but instead of growing abroad it focused on growing the Malaysian market and improving its monetization and business model.

Today, Deemples has around 60,000 users and is expected to hit between RM7.5-8 million in Gross Merchandise Value (GMW) this year.

With profitability on the cards this year and confidence in their business model, Deemples is looking to raise around US$2 million to accelerate its growth in Malaysia and abroad, with new products, services, and business models, including ecommerce, memberships and more.

We speak to Deemples CEO and Co-Founder David Wong about all this, but to also get a better picture of the journey over the last 7 years and a look ahead to Deemples future.