PRISM+
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Company type | Private |
---|---|
Industry | Consumer electronics Home Appliances |
Founded | 2017 |
Founder | Jonathan Tan |
Headquarters | Singapore |
Area served | Southeast Asia |
Products | Major appliances Small appliances |
Revenue | S$88.0 million (2020) [1] |
Number of employees | 201–500 |
Parent | Aftershock PC |
Website | Official website ![]() |
PRISM+ is a Singapore-based consumer electronics brand of Prism Tech Pte. Ltd., specializing in affordable high-performance monitors, televisions, and smart home appliances. Launched in 2017, the company has rapidly expanded its product offerings and regional presence, leveraging a direct-to-consumer (D2C) model to disrupt traditional retail channels.[2]
History and Origins
[edit]PRISM+ was established in March 2017 as a subsidiary of Singaporean custom PC builder Aftershock PC, founded to expand into gaming and entertainment displays.[3] The move enabled Aftershock PC to diversify its portfolio beyond computers, capitalizing on growing demand for affordable displays and TVs.
PRISM+ was founded by Jonathan Tan and two partners, with an initial investment of approximately S$300,000.[4] The company started by selling gaming monitors through a direct-to-consumer (D2C) model, allowing it to offer competitive prices without traditional retail markups.
The COVID-19 pandemic accelerated PRISM+'s growth, with monthly revenue increasing eightfold to about S$8 million by the end of 2020.[4] This success led to product line expansions into televisions, soundbars, and smart appliances such as air conditioners and refrigerators. [5]
Operations
[edit]PRISM+ operates primarily through its e-commerce platform and offers a wide range of consumer electronics. Its D2C approach supports competitive pricing, bundled deals, and direct customer service.[2]
In recent years, PRISM+ has also opened retail showrooms in Singapore and Malaysia to complement its online presence.[6]
It has partnered with Amazon to extend its distribution reach across Southeast Asia, using Amazon’s fulfillment network to support logistics and delivery.[7]
Products
[edit]![]() | This section needs expansion. You can help by adding to it. (April 2025) |
PRISM+ offers a wide range of consumer electronics tailored to both gaming and home entertainment markets. The company's main product lines include:
- Monitors: Initially launched with gaming monitors featuring high refresh rates and ultra-wide displays, PRISM+ has become known for offering competitive specs at lower price points.[8]
- Smart TVs: PRISM+ TVs run on Android TV or Google TV platforms and come with 4K Ultra High Definition (UHD) resolution and built-in streaming apps like Netflix and YouTube.[9]
- Soundbars: The company also offers affordable soundbar systems designed to complement its TV offerings for a full home theatre setup.
- Smart Home Appliances: In 2022, PRISM+ entered the smart home market with products such as air conditioners, ceiling fans, and refrigerators, aiming to deliver modern design and energy efficiency.[10]
PRISM+ continues to expand its product catalog in response to regional demand, with a focus on integrating smart features and maintaining affordability.
Partnerships
[edit]PRISM+ has developed several key partnerships to drive expansion:
- TNB Aura: In 2022, PRISM+ secured S$45 million in Series A funding from regional venture capital firm TNB Aura, to support growth and expansion across Southeast Asia.[11]
- Amazon.sg: Partnered in 2022 to list PRISM+ products on Amazon.sg, taking advantage of Amazon’s e-commerce infrastructure.[12]
- HipVan: In 2021, PRISM+ launched a retail presence within furniture brand HipVan’s showroom at Suntec City, allowing customers to experience its products in person.[13]
External Links
[edit]See also
[edit]References
[edit]- ^ Cheah, Megan (26 November 2024). "Home appliance brand Prism Tech has come a long way from computer monitors, Enterprise 50 - THE BUSINESS TIMES". www.businesstimes.com.sg. The Business Times. Retrieved 26 April 2025.
- ^ a b "PRISM+". TNB Aura. Retrieved 2025-04-26.
- ^ "Meet PRISM+, the Local Tech Brand That's Disrupted the Market with Quality Monitors and TVs". Atome.sg. Retrieved 2025-04-26.
- ^ a b "Home appliance brand PRISM+ has come a long way from computer monitors". The Business Times. 26 November 2024. Retrieved 2025-04-26.
- ^ "After 'crazy' growth, PRISM+ to launch smart home appliances, open retail stores". CNA. Retrieved 2025-04-26.
- ^ "After crazy growth, PRISM+ to launch smart home appliances, open retail stores". Singapore Times of News. 24 June 2022. Retrieved 2025-04-26.
- ^ "How a Singaporean brand is making premium electronics more accessible with Amazon.sg". About Amazon Singapore. 16 March 2023. Retrieved 2025-04-26.
- ^ "Meet PRISM+, the Local Tech Brand That's Disrupted the Market with Quality Monitors and TVs". Atome.sg. Retrieved 2025-04-26.
- ^ "PRISM+ expands into smart home category, launches Google TVs". HardwareZone. Retrieved 2025-04-26.
- ^ "PRISM+ expands product line to smart home appliances". The Business Times. Retrieved 2025-04-26.
- ^ "PRISM+ founder on moving beyond monitors and TVs". Design Bagus. Retrieved 2025-04-26.
- ^ "How a Singaporean brand is making premium electronics more accessible with Amazon.sg". About Amazon Singapore. 16 March 2023. Retrieved 2025-04-26.
- ^ "Singapore's D2C consumer electronics brand PRISM+ receives US$32M funding". Creationsforu. 21 September 2022. Retrieved 2025-04-26.
- Electronics companies established in 2017
- Electronics companies of Singapore
- Singaporean companies established in 2017
- Computer hardware companies
- Consumer electronics brands
- Heating, ventilation, and air conditioning companies
- Home appliance brands
- Home appliance manufacturers of Singapore
- Multinational companies headquartered in Singapore
- Singaporean brands
- Video equipment manufacturers