Yan Phun is a co-founder of 99.co, a property portal in Singapore. The company started as Homey, a roommate-matching site, and became a property portal in 2014.
Darius Cheung, the CEO, had earlier sold the mobile security firm tenCube to McAfee for $25 million. 99.co raised a seed round of about $560,000 in 2014 and about $1.6 million in 2015, with Sequoia and Eduardo Saverin among the investors.
A $15.2 million Series B followed in 2019 from Allianz X and MindWorks Venture. From the first quarter of 2019 to 2022, sales grew more than eight times.
By 2022 the portal had 30 million visits per month and about 150 staff, and the company had raised a $52 million Series C. 99.co also expanded into Indonesia. It is privately held.