{"id":120530,"date":"2021-07-09T03:17:13","date_gmt":"2021-07-08T20:17:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-based-hilife-interactive-clinches-8mil-funding-in-series-a-round\/"},"modified":"2021-07-18T17:02:57","modified_gmt":"2021-07-18T10:02:57","slug":"singapore-based-hilife-interactive-clinches-8mil-funding-in-series-a-round","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-based-hilife-interactive-clinches-8mil-funding-in-series-a-round\/","title":{"rendered":"Singapore-based HiLife Interactive clinches $8mil funding in Series A round"},"content":{"rendered":"


\nThe smart living company\u00a0will use the funding to double its presence within Southeast Asia with new markets like Cambodia, and break into the European and Australasia markets by the end of this year.
\nSingapore-based HiLife Interactive has secured $8 million in Series A funding from Shanghai 2345 Network Holding Group, an Internet information services provider and software developer.
\nProviding estate management companies and homeowners with smart solutions, the all-in-one lifestyle platform revealed that it will use the funding to double its presence within Southeast Asia with new markets like Cambodia, and break into the European and Australasia markets by the end of this year.
\nWith the Shanghai 2345\u2019s investment and technological know-how, the company will also bring its HiLife solution to hospitality, commercial, educational and healthcare institutions.
\nIt noted that estate managers of properties such as hospices and schools can benefit from enhanced efficiency, productivity and security with HiLife.
\nHiLife\u2019s asset management system, for instance, allows real-time monitoring of the facility\u2019s visitor system, security system as well as energy and lighting meters to detect inefficiencies and incidents.
\n\u201cThe HiLife platform has played a significant role in keeping people safe in this pandemic,\u201d said Sam Ho, Deputy CEO of HiLife Interactive.
\n\u201cBeyond convenience, it enabled contactless living. Homeowners could book limited slots at condominium facilities without any face-to-face contact. In fact, our visitor management platform, complemented by Licence Plate Recognition technology, made it easy for both residents and security guards to manage the increase in online shopping deliveries.\u201d
\nSuggested read:\u00a0Condo AGM: 4 Reasons Why You Should Be More Involved
\nThe HiLife 360\u00b0 Smart Access system also enables estate managers to better oversee their developments by monitoring facilities, payments, contracts, feedback, residents, visitors as well as assets like the security system, energy and lighting meters through a dashboard.
\nSo revealed that the company grew its contracts by more than 300% amid a spike in interest from developers and estate managers.
\n\u201cWith Shanghai 2345 Network Holding Group\u2019s investment and technical expertise, we are eager to bring our first-of-its-kind platform to more regions across the world as a safer way forward for estate management as Covid-19 becomes endemic, with technical adaptations to suit the different needs of different countries,\u201d he added.
\nTo date, HiLife provides smart residential solutions to more than 80,000 households in Singapore. It is also present in Malaysia, Indonesia, Sri Lanka, Vietnam, Thailand and the Philippines.
\n\u00a0
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email:\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore-based HiLife Interactive clinches mil funding in Series A round<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The smart living company\u00a0will use the funding to double its presence within Southeast Asia with...<\/p>\n","protected":false},"author":1,"featured_media":120531,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/condominium-singapore-1.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vm2","jetpack-related-posts":[{"id":100164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/qingjian-realty-scoops-singapores-best-developer-award\/","url_meta":{"origin":120530,"position":0},"title":"Qingjian Realty scoops Singapore\u2019s Best Developer Award","date":"October 19, 2018","format":false,"excerpt":"\r Qingjian\u2019s Deputy GM Yen Chong collecting the Best Developer Prize from Lim Wenhui, Chairperson of the judging panel at the gala dinner. 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