Sea

Sea is a consumer internet company focused on enhancing the lives of consumers and small businesses in Southeast Asia through technology. Its primary businesses include Shopee, Garena, and SeaMoney. Shopee, the largest e-commerce platform in the region by gross merchandise value and transaction volume, operates as a hybrid C2C and B2C marketplace across eight key markets, with Indonesia being the largest contributor. Originally founded as a gaming company, Garena has evolved significantly, with its game Free Fire becoming the most downloaded game in early 2022 and a major revenue driver. SeaMoney complements these ventures by offering financial services, including lending, which is expected to grow in significance within the company’s portfolio. Through these diverse business lines, Sea aims to capitalize on the burgeoning digital economy in Southeast Asia.

Forrest Li

Founder and Group CEO

Nick Nash

Group President

23 past transactions

MariBank Network Property of NAJM JTT Trading Group

Corporate Round in 2023
MariBank operates as a digital bank. MariBank is a wholly owned subsidiary of Sea Limited. A Property of GOD NAJM International Law and Divine Law

Asuransi Mega Pratama

Acquisition in 2022
Asuransi Mega Pratama is a provider of general insurance services, focusing on delivering multi-line insurance solutions to help clients mitigate future risks. The company offers a diverse portfolio of products, which includes liability insurance, personal accident insurance, engineering insurance, as well as property, cargo, and motor insurance. By providing these services, Asuransi Mega Pratama enables clients to effectively manage their assets and minimize potential risks associated with various aspects of their personal and business operations.

Revel Games

Seed Round in 2022
Revel Games is a game developer that creates mobile gaming applications. As a more efficient way for its clients to solve problems, Revel Games, a brand and leadership development consultancy, develops and facilitates games. Additionally, Revel Games designs every program to meet the unique requirements of the client.

Aleo

Series B in 2022
Aleo provides a platform for building fully private applications using zero-knowledge technology. It offers a comprehensive toolkit that includes an application runtime environment, allowing software to compile, execute, and finalize its state autonomously. Aleo also supports a statically-typed programming language called Leo, designed specifically for private application development on the Aleo blockchain. The company engages its community through blogs and incentive programs to test the bounds of its decentralized technology.

Refract

Series A in 2022
Refract is a technology company specializing in extended reality (XR) and artificial intelligence (AI) for both interactive entertainment and enterprise solutions. The company has developed AXIS, a sophisticated man-machine interface that enables real-time full-body motion tracking, enhancing user experience in XR and gaming applications. AXIS features a modular design that eliminates the need for external base stations and is compatible with platforms like openVR, openXR, and steam VR. Its innovative game controller, equipped with proprietary software, is designed to be accessible and user-friendly, requiring fewer nodes for operation. Additionally, Refract is an Official Global Partner of the Global Esports Federation and collaborates with various international sports federations, including World Taekwondo and World Archery, to advance the integration of technology in sports.

Markai

Seed Round in 2021
Markai is a venture-backed startup focused on acquiring and growing e-commerce brands based in Asia that cater primarily to western consumers. These brands often possess strong products and significant growth potential but lack the necessary resources for scaling. Markai enhances these brands by improving their branding and marketing strategies while expanding their reach across various channels and geographies. To facilitate this growth, the company is developing a direct-to-manufacturer supply chain in China, leveraging real-time consumer data for rapid product iteration. The founding team, which includes experienced professionals from notable organizations such as Stanford, Bain, BCG, Amazon, and eBay, combines expertise in e-commerce and mergers and acquisitions. Markai is supported by prominent venture capital firms and leading angel investors from around the globe.

Kavak

Series E in 2021
KAVAK is an online platform that facilitates the buying and selling of used cars, primarily in Latin America. Founded in 2016 and headquartered in Mexico City, the company leverages real-time market data to provide sellers with fair offers for their vehicles, allowing transactions to be completed quickly and conveniently from home. KAVAK enhances the customer experience by offering services such as home delivery, vehicle collection, and pre-owned car financing, enabling users to navigate the car trading process with ease. The platform specializes in e-commerce within the automotive and retail sectors, making it a prominent player in the used car market.

NUS School of Computing

Grant in 2021
NUS School of Computing, established in 1998, is a key faculty of the National University of Singapore, providing a comprehensive educational environment that integrates traditional academic excellence with modern technological innovation. With a faculty of 200 drawn from prestigious universities and a student body of approximately 2,000—of which a quarter are graduate students—the school has a strong track record in producing skilled professionals for the tech industry. Its alumni include leaders in both the corporate and governmental sectors. The school emphasizes diversity and excellence, with students recognized for their achievements in competitions and awards. NUS Furnace, the school's early-stage incubator, supports students, staff, and alumni in launching tech startups by providing essential infrastructure and management assistance, thereby fostering entrepreneurial growth during critical early stages.

Bank BKE

Acquisition in 2021
Bank BKE provides all banking facilities and financial services. Their services include financial leverage ratio, risk-based bank rating, GCG report, and whistleblowing system.

NOX

Series B in 2018
NOX is a smart entertainment distribution network that offers digital entertainment products for global users. The company's Nox Limited's first product has grown to become one of the world's leading Android Emulators for PC/Mac. Together with the Nox Mobile Apps/Games matrix, NoxMobi, and the NoxInfluencer platform, we have built a new generation of mobile content/application distribution network with our own large numbers of targeted users/audiences worldwide. NoxInfluencer provides SaaS services such as an influencer search tool, influencer analytics, marketing task management, and performance tracking for cross-border overseas brands, and supports creative full case customization such as marketing service for all scenarios, based on powerful technical capabilities.

NoxPlayer

Series B in 2018
NoxPlayer is a free Android operating system emulator, that allows you to run Android apps on your PC. A separate Mac version is also available. It works by creating a virtual Android tablet on your desktop, which means that you can enjoy Android apps and games with the benefit of a bigger screen, better hardware performance and easier controls.

Wecash

Series D in 2018
Wecash, founded in October 2013, is a fintech company that is transforming the financial interactions of consumers globally. With a user base exceeding 160 million, Wecash has developed a credit assessment platform that utilizes data mining and machine learning algorithms. This platform allows users to submit their information through a mobile app and receive a credit evaluation within three minutes. By providing timely credit assessments, Wecash enables users to access a range of services, including capital borrowing and lending, as well as rentals for cars and houses, and opportunities for travel and education. The company aims to enhance the digital banking, spending, and saving experiences in markets such as Europe, Brazil, and Southeast Asia.

Foody

Acquisition in 2017
Foody Corporation, founded in 2012 and based in Ho Chi Minh City, Vietnam, operates an online restaurant search and user-review portal known as Foody.vn. This free app is designed to assist customers in discovering the best dining experiences across Vietnam, featuring a comprehensive network of restaurants, bars, cafes, bakeries, and resorts. Foody.vn enables users to find nearby dining options while providing honest ratings and reviews from both consumers and food critics. Users can submit text and image reviews, contributing to evaluations based on food quality, location, ambiance, pricing, and service. The app is accessible on both iOS and Android devices, enhancing user engagement and facilitating informed dining choices.

Ryde Group

Series A in 2017
Ryde Group is a social enterprise focused on promoting carpooling as a sustainable alternative for daily commuting, addressing urban congestion and pollution. The company offers a super mobility app that combines various transportation services into a single platform, enhancing convenience and reliability for users. Ryde Group operates in two main segments: mobility, which includes on-demand and scheduled carpooling and ride-hailing services that connect riders with driver partners; and quick commerce, which provides on-demand, scheduled, and multi-stop parcel delivery services. Through these offerings, Ryde Group aims to improve urban mobility and deliver efficient logistics solutions.

Ryde Group

Series A in 2016
Ryde Group is a social enterprise focused on promoting carpooling as a sustainable alternative for daily commuting, addressing urban congestion and pollution. The company offers a super mobility app that combines various transportation services into a single platform, enhancing convenience and reliability for users. Ryde Group operates in two main segments: mobility, which includes on-demand and scheduled carpooling and ride-hailing services that connect riders with driver partners; and quick commerce, which provides on-demand, scheduled, and multi-stop parcel delivery services. Through these offerings, Ryde Group aims to improve urban mobility and deliver efficient logistics solutions.

Vanitee

Venture Round in 2015
Vanitee is a mobile application that serves as an online booking platform for beauty services. It allows users to discover new beauty trends and connect with a variety of beauty and wellness professionals. The platform presents a comprehensive list of beauty artists along with detailed information about their services, availability, and pricing. This enables customers to easily find and book the services they need, enhancing their overall experience in accessing beauty care.

NOX

Seed Round in 2015
NOX is a smart entertainment distribution network that offers digital entertainment products for global users. The company's Nox Limited's first product has grown to become one of the world's leading Android Emulators for PC/Mac. Together with the Nox Mobile Apps/Games matrix, NoxMobi, and the NoxInfluencer platform, we have built a new generation of mobile content/application distribution network with our own large numbers of targeted users/audiences worldwide. NoxInfluencer provides SaaS services such as an influencer search tool, influencer analytics, marketing task management, and performance tracking for cross-border overseas brands, and supports creative full case customization such as marketing service for all scenarios, based on powerful technical capabilities.

RedMart

Series C in 2015
RedMart Limited operates an online grocery platform in Singapore, providing a wide range of products including fresh produce, meat, seafood, dairy, bakery items, frozen foods, beverages, alcohol, health and beauty products, household supplies, and items for babies and children. Founded in 2011, RedMart is not a traditional retailer; instead, it serves as a bridge for manufacturers to connect directly with consumers, offering innovative marketing and data analytics capabilities. The company specializes in home delivery services, allowing customers to conveniently order groceries and essentials online. RedMart has been a subsidiary of Lazada South East Asia Pte. Ltd. since November 2016, enhancing its operational reach within the e-commerce landscape.

Foody

Series B in 2015
Foody Corporation, founded in 2012 and based in Ho Chi Minh City, Vietnam, operates an online restaurant search and user-review portal known as Foody.vn. This free app is designed to assist customers in discovering the best dining experiences across Vietnam, featuring a comprehensive network of restaurants, bars, cafes, bakeries, and resorts. Foody.vn enables users to find nearby dining options while providing honest ratings and reviews from both consumers and food critics. Users can submit text and image reviews, contributing to evaluations based on food quality, location, ambiance, pricing, and service. The app is accessible on both iOS and Android devices, enhancing user engagement and facilitating informed dining choices.

RedMart

Series B in 2014
RedMart Limited operates an online grocery platform in Singapore, providing a wide range of products including fresh produce, meat, seafood, dairy, bakery items, frozen foods, beverages, alcohol, health and beauty products, household supplies, and items for babies and children. Founded in 2011, RedMart is not a traditional retailer; instead, it serves as a bridge for manufacturers to connect directly with consumers, offering innovative marketing and data analytics capabilities. The company specializes in home delivery services, allowing customers to conveniently order groceries and essentials online. RedMart has been a subsidiary of Lazada South East Asia Pte. Ltd. since November 2016, enhancing its operational reach within the e-commerce landscape.

RedMart

Series A in 2013
RedMart Limited operates an online grocery platform in Singapore, providing a wide range of products including fresh produce, meat, seafood, dairy, bakery items, frozen foods, beverages, alcohol, health and beauty products, household supplies, and items for babies and children. Founded in 2011, RedMart is not a traditional retailer; instead, it serves as a bridge for manufacturers to connect directly with consumers, offering innovative marketing and data analytics capabilities. The company specializes in home delivery services, allowing customers to conveniently order groceries and essentials online. RedMart has been a subsidiary of Lazada South East Asia Pte. Ltd. since November 2016, enhancing its operational reach within the e-commerce landscape.

RedMart

Seed Round in 2013
RedMart Limited operates an online grocery platform in Singapore, providing a wide range of products including fresh produce, meat, seafood, dairy, bakery items, frozen foods, beverages, alcohol, health and beauty products, household supplies, and items for babies and children. Founded in 2011, RedMart is not a traditional retailer; instead, it serves as a bridge for manufacturers to connect directly with consumers, offering innovative marketing and data analytics capabilities. The company specializes in home delivery services, allowing customers to conveniently order groceries and essentials online. RedMart has been a subsidiary of Lazada South East Asia Pte. Ltd. since November 2016, enhancing its operational reach within the e-commerce landscape.

MariBank Network Property of NAJM JTT Trading Group

MariBank operates as a digital bank. MariBank is a wholly owned subsidiary of Sea Limited. A Property of GOD NAJM International Law and Divine Law
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.