500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Timothy Chae

Managing Partner

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Christine Herron

Advisor

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Christine Tsai

Co-Founder, Partner & Chief Executive Officer

Tony Wang

Managing Partner

Bedy Yang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Indonesia

Mapan

Series A in 2022
Mapan is providing network of thousands of lower income communities with better access to valuable products.

Ringkas

Pre Seed Round in 2022
Ringkas aims to solve the housing problem by digitizing the overall value chain and creating an intelligent platform that would simplify the mortgage process, efficiently match customer profiles, and target assets to the risk appetite of the financial institutions.

RaRa Delivery

Seed Round in 2021
RaRa Delivery provides delivery services. It also provides cash on delivery (COD) and real-time tracking services through an application program interface (API). The company is based in Jakarta, Indonesia.

Funding Societies

Venture Round in 2021
Funding Societies Pte. Ltd. is a peer-to-peer financing platform based in Singapore, founded in 2015. It connects investors with small and medium-sized enterprises (SMEs) seeking funding, thereby addressing financial inclusion challenges and making credit-worthy SMEs more bankable. The platform offers a range of flexible financing options, including micro and term loans, as well as invoice financing, supported by advanced credit scoring and risk assessment models. Since its inception, Funding Societies has facilitated over 3.3 million business loans, amounting to more than S$1.8 billion in funding. The company has received multiple accolades, including the Global Excellence Award from ITU Telecom, and holds operating licenses from regulators in Singapore, Indonesia, and Malaysia, making it a pioneer in the region's peer-to-peer lending landscape.

Carsome

Venture Round in 2021
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Duithape

Venture Round in 2021
Duithape is a mobile payment and remittance platform based in Jakarta, Indonesia, founded in 2015. The company offers a system that allows users to conduct transactions without the need for a bank account. Its services include cash deposits and withdrawals, money transfers, installment payments, and social security transactions. By utilizing secure technology, Duithape enables customers to access essential banking services, making financial transactions more accessible for individuals who may be underserved by traditional banking systems.

Stockbit

Series C in 2021
Stockbit adalah komunitas investasi di Indonesia. Stockbit memberi ruang bagi investor dan trader untuk berbagi ide, berita dan informasi keuangan lainya secara real-time. Pengguna bisa membuat profil dan mengikuti saham tertentu atau investor favorit untuk mendapatkan informasi berharga dan bertukar pikiran.

Bibit

Series A in 2021
Bibit is a Robo-advisor application aimed at making investing more accessible in Indonesia. It offers a financial platform that assists users with personal investments by intelligently allocating their funds into a diversified mutual fund portfolio. The platform takes into account individual factors such as age, income, and overall risk profile, thereby providing users with a streamlined and hassle-free investment experience. Bibit effectively combines technology with professional financial planning services, enabling a broader audience to engage in investment activities.

Jala Tech

Seed Round in 2020
Jala Tech Pte. Ltd. is a company based in Sleman, Indonesia, that specializes in manufacturing monitoring devices for the shrimp farming industry. Its primary products include the JSLA portable and JALA continuous monitoring devices, which are equipped with five sensors that measure various water quality parameters in shrimp ponds. These devices transmit data to the cloud, enabling farmers to access real-time information through a mobile platform. Jala Tech's integrated solution not only provides water quality analysis but also includes tools for financial management and farming reporting. By offering these services, Jala Tech aims to help shrimp farmers optimize their yields and promote sustainable farming practices, addressing challenges related to harvest uncertainty and losses in the industry.

Carsome

Series D in 2020
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Go-Rework

Series B in 2020
Go-Rework is a merger of Indonesian coworking spaces operators GoWork and Rework .

TapHomes

Seed Round in 2020
TapHomes is a real estate firm that helps small families to own their dream home. The firm offers a solution wherein the money for the rent of the property will become a homeownership portion. It was founded in 2018 in Kedoya Selatan, Jakarta Raya.

TrustIQ

Series B in 2020
TrustIQ is a fintech company that offers a platform where users can apply for online loans without collater. The platform's online loan application makes it easy for documents to complete because it only requires a soft copy of an ID card, a selfie photo with an ID card. Filling in the document form is easy and the questions asked are light, the point is still reasonable and not difficult. Upon application, the borrower receives an SMS to submit the loan. After getting an SMS link to submit a loan, then click the notification link, click approval on the Aja Link account, after that, the borrower will get a verification code for the mobile number, fill in all the forms and select the loan amount and the tenor, after that the contract is signed online and wait approximately 24 hours, then your loan will be included in LinkAja balance. Trustiq installment payment date is set for maturity every 25th of the same month because loans are approved only from 1-5th of each month, so borrowers cannot choose the payment date. Payment using a virtual account number that will be given to the borrower via a complete SMS by way of payment. The company operates under PT. Financial Technology Trust. It was headquartered in Jakarta, Jakarta Raya in 2018.

amalan international

Seed Round in 2020
Amalan International is a company that assists distressed consumers and small business owners in Southeast Asia in restructuring and refinancing their loans. It operates debt management programs aimed at helping clients regain creditworthiness. The company collaborates with lenders to provide affordable loan restructuring solutions and emphasizes financial literacy. Through debt negotiations and the design of tailored repayment plans, Amalan enables its clients to settle their debts in a timely manner, thereby avoiding penalties and high interest rates.

RaRa Delivery

Seed Round in 2020
RaRa Delivery provides delivery services. It also provides cash on delivery (COD) and real-time tracking services through an application program interface (API). The company is based in Jakarta, Indonesia.

Stockbit

Series B in 2020
Stockbit adalah komunitas investasi di Indonesia. Stockbit memberi ruang bagi investor dan trader untuk berbagi ide, berita dan informasi keuangan lainya secara real-time. Pengguna bisa membuat profil dan mengikuti saham tertentu atau investor favorit untuk mendapatkan informasi berharga dan bertukar pikiran.

Intrepid Group Asia

Venture Round in 2019
Intrepid Group Asia specializes in e-commerce services, helping brand partners and vendors maximize their online marketing potential. Founded in 2017 and based in Singapore, the company offers a comprehensive platform that includes store management, market consultation, content creation, and business analytics. By leveraging advanced analytics, automation, and cross-platform API connectivity, Intrepid Group Asia delivers tailored solutions that enhance brand equity and facilitate market share expansion. Their services also encompass key account management, digital marketing, and partner engagement, enabling clients to effectively navigate the rapidly evolving e-commerce landscape in Southeast Asia.

Karir Manfaat Bangsa

Seed Round in 2019
Karir Manfaat Bangsa specializes in the development of a platform for the advancement of careers. It began operation in 2019, with its headquarters in Indonesia.

Bukalapak

Venture Round in 2019
PT Bukalapak operates an online e-commerce platform in Indonesia, offering a diverse range of consumer products, including electronics, household appliances, automotive parts, cosmetics, and apparel. Founded in 2011 and headquartered in Jakarta, the platform facilitates easy shopping through various categories, ensuring consumers can access a wide variety of commercial and personal items. Bukalapak emphasizes customer convenience with features such as easy returns and multiple payment options, including cash on delivery and credit or debit card transactions. In addition to physical goods, the company also provides virtual financial products, enhancing its overall service offering in the Indonesian market.

Golden Gate Ventures

Series A in 2019
Golden Gate Ventures Pte. Ltd., established in 2011 and headquartered in Singapore, is a venture capital firm that focuses on seed and early-stage investments in internet and mobile startups across Southeast Asia. The firm specializes in various sectors, including e-commerce, financial technology, healthcare, education, and B2B SaaS platforms. Golden Gate Ventures typically invests between $0.25 million and $5 million per portfolio company, preferring to acquire minority equity stakes. It targets companies with launched products or established distribution partnerships and operates in key markets such as Singapore, Indonesia, Thailand, Hong Kong, and Taiwan. The firm also has offices in Jakarta, San Francisco, and Kuala Lumpur, reflecting its commitment to fostering growth in the region's technology landscape.

PandaCredit

Series A in 2019
Pandacredit works closely with ecosystem partners to provide consumers with credit scores using unconventional and unstructured data, allowing under-banked population to be service by traditional financial institutions.
eKomoditi Solutions Indonesia is a consulting company located in Mutiara Damansara.

BeeCash

Seed Round in 2019
BeeCash operates as a financial management application that helps stores in managing sales tracking, cash flow, account receivable, account payable, and financial reports. The company is driven by a mission to digitize and simplify cash management to help millions of businesses in INA grow.

Aerodyne

Series B in 2019
Aerodyne Systems Sdn. Bhd. specializes in AI-driven drone data capture and analytics services, providing drone-based inspection and software solutions. Founded in 2014 and headquartered in Cyberjaya, Malaysia, the company has expanded its presence internationally with offices in Australia, the United Kingdom, Denmark, Chile, Indonesia, Japan, India, and the United States. Aerodyne develops DT3 (drone technology, data technology, and digital transformation) solutions that address the complex challenges faced by various industries, offering services such as transmission tower inspection, wind turbine assessments, and solar farm evaluations. These capabilities enable organizations to enhance operational efficiency, drive digital transformation, and improve productivity across critical infrastructures.

Jala Tech

Seed Round in 2019
Jala Tech Pte. Ltd. is a company based in Sleman, Indonesia, that specializes in manufacturing monitoring devices for the shrimp farming industry. Its primary products include the JSLA portable and JALA continuous monitoring devices, which are equipped with five sensors that measure various water quality parameters in shrimp ponds. These devices transmit data to the cloud, enabling farmers to access real-time information through a mobile platform. Jala Tech's integrated solution not only provides water quality analysis but also includes tools for financial management and farming reporting. By offering these services, Jala Tech aims to help shrimp farmers optimize their yields and promote sustainable farming practices, addressing challenges related to harvest uncertainty and losses in the industry.

Trusting Social

Series A in 2019
Trusting Social Pte. Ltd. is a Singapore-based company that redefines credit scoring by leveraging big data technology alongside social, web, and mobile information. Established in 2013, it provides a solution known as Credit Scoring 2.0, which allows lenders in emerging markets to extend credit to consumers who lack traditional credit histories. This innovative approach targets billions of "financially invisible" individuals in countries such as Vietnam, Indonesia, and India. Trusting Social's scoring methodology has been demonstrated to be more accurate, faster, and cost-effective compared to conventional credit assessment methods. The company maintains additional offices in several key cities across Southeast Asia and India, reflecting its commitment to expanding access to financial services in underserved markets.

Stockbit

Series A in 2019
Stockbit adalah komunitas investasi di Indonesia. Stockbit memberi ruang bagi investor dan trader untuk berbagi ide, berita dan informasi keuangan lainya secara real-time. Pengguna bisa membuat profil dan mengikuti saham tertentu atau investor favorit untuk mendapatkan informasi berharga dan bertukar pikiran.

Kitabisa.com

Series A in 2019
Kitabisa.com is an online crowdfunding platform for social and personal medical causes. Since 2013, Kitabisa facilitates over $40 million donations from millions of donors across Indonesia.

eFishery

Series A in 2018
eFishery is automatic fish feeder for all types of fish. This tool can not only provide feed scheduled, with a dose efficient, and automatic, but also record every feed in real-time. You can access the data feed, anytime, anywhere with precision. There is no longer a problem of over-feeding, fish feeding or feed irregularly diverted. eFishery provide the best solutions, reliable, and affordable.

AiSensum

Seed Round in 2018
AiSensum, founded in 2018 and headquartered in Jakarta Selatan, Indonesia, specializes in artificial intelligence and machine learning solutions that drive data monetization for enterprises and startups. Its flagship platform, OctoPi, offers various services including OctoPi telco, which provides access to transaction databases, and OctoPi retail, a dashboard for performance tracking and action planning. Additionally, AiSensum has developed a performance marketing SaaS platform, LuckyLaku Lab, designed for small and medium-sized enterprises (SMEs). This platform analyzes online transaction data to enhance return on ad spend (ROAS) on platforms like Facebook and Instagram. By automating media planning and providing insights based on transaction patterns, AiSensum enables SMEs to effectively target audiences and optimize advertising strategies. The integration with e-commerce marketplaces and social media platforms streamlines processes for clients, ultimately improving sales performance. Through continuous machine learning, AiSensum's solutions have reported substantial increases in ROAS for its users, demonstrating the effectiveness of its data-driven approach.

EMQ

Venture Round in 2018
Headquartered in Hong Kong, EMQ is a financial technology startup that is building a financial network across Asia with a focus on remittance. With a footprint across Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, the company partners with financial institutions and other strategic partners in each country to enable and settle cross-border remittance via banks and various modes for top-up and cash pickup. The company received its Money Service Operator license from the Hong Kong Customs and Excise Department in September 2014 and its Fund Transfer Operator license from Bank Indonesia in March 2017.

iPrice Group

Corporate Round in 2018
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

FinAccel

Series B in 2018
FinAccel is a financial technology company creating disruptive and meaningful products in retail credit for Southeast Asia, the 7th largest economy in the world and home to nearly 10% of the world's population. With an all star team of investors, founders and employees, FinAccel is currently focused on disruption in the unsecured lending space.
Angel Investment Network Indonesia (ANGIN) is the first and largest network of angel investors in Indonesia. Composed of more than 70 prominent business leaders and supported by a full-time investment team, ANGIN Investors aim to bring the perfect combination of early stage capital, industry expertise and key connections to early stage companies operating in Indonesia.

Trusting Social

Seed Round in 2018
Trusting Social Pte. Ltd. is a Singapore-based company that redefines credit scoring by leveraging big data technology alongside social, web, and mobile information. Established in 2013, it provides a solution known as Credit Scoring 2.0, which allows lenders in emerging markets to extend credit to consumers who lack traditional credit histories. This innovative approach targets billions of "financially invisible" individuals in countries such as Vietnam, Indonesia, and India. Trusting Social's scoring methodology has been demonstrated to be more accurate, faster, and cost-effective compared to conventional credit assessment methods. The company maintains additional offices in several key cities across Southeast Asia and India, reflecting its commitment to expanding access to financial services in underserved markets.

Fabelio

Series B in 2018
Fabelio is a design-centric e-tailer operating in Indonesia and soon in entire South East Asia. They partner with the best designers in Indonesia to create original designs and they work closely with the best factories to manufacture good-quality products at attractive prices. At fabelio they focus on furnishing happiness.

Kaodim Group

Series B in 2017
Kaodim Group is a leading service marketplace in Southeast Asia, headquartered in Petaling Jaya, Malaysia. Established in 2014, the company operates platforms in Malaysia, Singapore, the Philippines, and Indonesia, connecting users with verified service professionals for a variety of tasks. The services offered include plumbing, electrical work, photography, personal training, and more, catering to needs in homes, events, health and fitness, automotive, and office settings. Through its mobile and web applications, Kaodim facilitates the hiring process by providing customized quotations, detailed service provider profiles, and user reviews, ensuring that customers can make informed decisions when selecting a service provider. By linking local communities with trustworthy professionals, Kaodim aims to enhance the overall service experience in the region.

Urbanhire

Seed Round in 2017
They founded Urbanhire because they believe hiring can be more efficient and they want to help companies get the talents they will love. Recruitment is a strategic issue and when done right it can be a significant competitive advantage. They inject the values they uphold most like technological excellence, collaboration and people empowerment to design a recruiting software that just works in the new economy. They’re excited to support the amazing teams at growing companies especially in our home markets of Indonesia and Asia.

Carsome

Series B in 2017
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Infonesia

Seed Round in 2017
Infonesia operates in Indonesia and partner with leading people in entertainment and higher education to create the most exciting and insightful content for Indonesian audience at agreed value. At Infonesia, we focus in delivering the best value of knowledge and entertainment as well as providing strong economic incentive for users.

GetCraft

Seed Round in 2017
GetCraft is a premium creative network offering solutions to marketers and empowering creators to build their business; making work more efficient. The startup can also provide access to articles, the latest research, webinars, and training that provide a variety of educational content and ways to create cutting-edge marketing strategies and campaigns.

Ahlijasa

Seed Round in 2017
Ahlijasa is an Indonesian startup that empowers small laundry business in Indonesia with technology and network. Through our platform, Laundry business owner can manage their business using Point of Sales technology, expand their customer base with network of hotel clients, and save money by efficient purchase from network of laundry supplies producers.

Stockbit

Seed Round in 2017
Stockbit adalah komunitas investasi di Indonesia. Stockbit memberi ruang bagi investor dan trader untuk berbagi ide, berita dan informasi keuangan lainya secara real-time. Pengguna bisa membuat profil dan mengikuti saham tertentu atau investor favorit untuk mendapatkan informasi berharga dan bertukar pikiran.

XWORK

Seed Round in 2017
XWORK operates an online marketplace in Indonesia that specializes in short-term rentals of business spaces, including meeting rooms, training facilities, co-working spaces, and event venues. Founded in 2016 and based in Jakarta, the platform allows users to conveniently search for and book private workspaces on an hourly, daily, or monthly basis. By connecting property owners, such as hotels and co-working space providers, with customers seeking flexible work environments, XWORK accommodates a variety of business needs. The company features a diverse selection of well-designed rooms across key cities in Indonesia, ensuring that users can find spaces that meet their specific requirements.

Muslimarket

Series A in 2017
Muslimarket.com is an Indonesian and Muslim e-commerce that combines shopping and charity activities with Dompet Dhuafa and Baznas.

Five Jack

Series A in 2017
PT. Five Jack develops online gaming platform, itemku. The company was founded in 2013 and is based in West Jakarta, Indonesia.

SwipeRx

Series A in 2017
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

BiteBack

Seed Round in 2016
BiteBack Insect Oil Co., founded in 2015 and headquartered in Malang, Indonesia, specializes in producing cooking oil derived from edible insects. The company focuses on sustainability and health by utilizing beetle cultures and waste stream feedstock through non-sterile fermentation processes. This approach provides consumers with a viable alternative to traditional palm oil, promoting environmentally friendly food options.

Kudo

Series B in 2016
KuDo Technology Indonesia, LLC develops a technology platform that bridges offline and online e-commerce and payment markets in Indonesia. It installs and operates kiosks at malls, universities, office buildings, and convenience stores for enabling customers to shop online for game vouchers, discount vouchers, cellphone balances, and others without having to use credit cards. The company was founded in 2014 and is based in Tangerang, Indonesia. As of July 24, 2017, Kudo Technology Indonesia, LLC was acquired by GP Network Asia Pte. Ltd.

ORORI

Series A in 2016
PT. Orori Indonesia operates a jewelry e-commerce platform that specializes in gold, diamonds, and various other jewelry items. Founded in 2004 and based in Jakarta Pusat, Indonesia, the company also provides customers with the option to invest in gold bars. ORORI emphasizes transparency by displaying detailed information about its products, including original dimensions, ensuring that customers receive exactly what they see online. The platform aims to simplify the jewelry shopping experience, making it accessible and convenient for individuals with busy lifestyles.

Alodokter

Series A in 2016
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Trusting Social

Seed Round in 2016
Trusting Social Pte. Ltd. is a Singapore-based company that redefines credit scoring by leveraging big data technology alongside social, web, and mobile information. Established in 2013, it provides a solution known as Credit Scoring 2.0, which allows lenders in emerging markets to extend credit to consumers who lack traditional credit histories. This innovative approach targets billions of "financially invisible" individuals in countries such as Vietnam, Indonesia, and India. Trusting Social's scoring methodology has been demonstrated to be more accurate, faster, and cost-effective compared to conventional credit assessment methods. The company maintains additional offices in several key cities across Southeast Asia and India, reflecting its commitment to expanding access to financial services in underserved markets.

iGrow

Seed Round in 2016
iGrow is a marketplace based in Indonesia that focuses on connecting under-employed farmers and under-utilized land to foster the production of organic food and sustainable incomes. The company utilizes cloud-based agricultural management software to facilitate the growth of various crops, including olive, durian, peanut, banana, avocado, date palm, and longan. By integrating resources and providing a system for monitoring plantation growth, iGrow supports the entire process from seed planting to harvest. It operates by linking farmers, landowners, and investors, allowing for direct sales of crops to customers, similar to a highly networked supermarket. Investors in iGrow can expect revenue sharing opportunities ranging from 13% to 24% annually, making it an attractive option for those looking to support sustainable agriculture while generating returns.

FinAccel

Seed Round in 2016
FinAccel is a financial technology company creating disruptive and meaningful products in retail credit for Southeast Asia, the 7th largest economy in the world and home to nearly 10% of the world's population. With an all star team of investors, founders and employees, FinAccel is currently focused on disruption in the unsecured lending space.

Carsome

Series A in 2016
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

Fabelio

Series A in 2016
Fabelio is a design-centric e-tailer operating in Indonesia and soon in entire South East Asia. They partner with the best designers in Indonesia to create original designs and they work closely with the best factories to manufacture good-quality products at attractive prices. At fabelio they focus on furnishing happiness.

Five Jack

Seed Round in 2016
PT. Five Jack develops online gaming platform, itemku. The company was founded in 2013 and is based in West Jakarta, Indonesia.

RedDoorz

Seed Round in 2016
RedDoorz is an online platform that facilitates budget accommodations across Southeast Asia, catering to both travelers and hoteliers. Founded in 2015 and headquartered in Jakarta, Indonesia, the company operates a network of branded budget hotels, providing its partners with tools for distribution, marketing, technology, customer experience, and pricing. This end-to-end platform allows guest house owners and hotel operators to enhance their visibility, reach a broader audience, and streamline their operations. RedDoorz has expanded significantly, employing over 1,000 individuals across five countries and attracting investment from notable backers. The platform focuses on two-star and three-star budget hotels, enabling travelers to discover affordable lodging options in key business and tourist destinations.

iGrow

Seed Round in 2015
iGrow is a marketplace based in Indonesia that focuses on connecting under-employed farmers and under-utilized land to foster the production of organic food and sustainable incomes. The company utilizes cloud-based agricultural management software to facilitate the growth of various crops, including olive, durian, peanut, banana, avocado, date palm, and longan. By integrating resources and providing a system for monitoring plantation growth, iGrow supports the entire process from seed planting to harvest. It operates by linking farmers, landowners, and investors, allowing for direct sales of crops to customers, similar to a highly networked supermarket. Investors in iGrow can expect revenue sharing opportunities ranging from 13% to 24% annually, making it an attractive option for those looking to support sustainable agriculture while generating returns.

iPrice Group

Seed Round in 2015
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

Arcstone

Seed Round in 2015
Arcstone Pte. Ltd. is a Singapore-based company that specializes in developing and marketing manufacturing software solutions. Founded in 2013, it offers a comprehensive platform known as the Arcstone Operations Platform (arc.ops), which integrates various data streams from IoT sensors, machines, ERPs, and workstation tablets. This platform enables manufacturers to monitor, track, visualize, and control production operations, facilitating both automated and manual processes in manufacturing, machine maintenance, and warehousing. By operationalizing data, Arcstone empowers facility managers to enhance visibility and control, leading to significant cost reductions and quality improvements across the manufacturing supply chain. The company also has a presence in India, Vietnam, and Indonesia, highlighting its regional commitment to optimizing operational efficiency.

Kaodim Group

Series A in 2015
Kaodim Group is a leading service marketplace in Southeast Asia, headquartered in Petaling Jaya, Malaysia. Established in 2014, the company operates platforms in Malaysia, Singapore, the Philippines, and Indonesia, connecting users with verified service professionals for a variety of tasks. The services offered include plumbing, electrical work, photography, personal training, and more, catering to needs in homes, events, health and fitness, automotive, and office settings. Through its mobile and web applications, Kaodim facilitates the hiring process by providing customized quotations, detailed service provider profiles, and user reviews, ensuring that customers can make informed decisions when selecting a service provider. By linking local communities with trustworthy professionals, Kaodim aims to enhance the overall service experience in the region.

Kitabisa.com

Seed Round in 2015
Kitabisa.com is an online crowdfunding platform for social and personal medical causes. Since 2013, Kitabisa facilitates over $40 million donations from millions of donors across Indonesia.

Qraved

Series B in 2015
Qraved, the No. 1 food discovery platform in Indonesia is solving the US$BN problem of “Where and What to eat.” To do this, Qraved provides a full stack solution bringing content, community and commerce together (Buzzfeed food/Eater+Yelp+Opentable) through web and mobile apps. With personalized delivery of aggregated and curated photo and video content from Instagram, blogs and other other media sources, Qraved is connecting more than millions of monthly users to more than 30,000 merchants.

Kata.ai

Seed Round in 2015
Kata.ai is an Indonesian Conversational Artificial Intelligence company with a focus on enhancing the understanding of human conversations, improving the way humans collaborate with machines. Kata.ai’s Natural Language Processing (NLP) technology powers intelligent chatbots (virtual customer service / virtual friend) for major corporations in Indonesia across a different kind of industries such as Unilever (FMCG) and Telkomsel (Telco). The company’s proprietary Kata Bot Platform can be leveraged to create engaging chatbots on top of Kata.ai’s robust and scalable AI technology platform, ensuring company of any size can easily build their own chatbot on any messaging platform. Established in 2015, the company has become a trusted partner for major corporations such as Microsoft, Accenture, and Line. In 2017, the company also received Series-A funding led by Trans-Pacific Technology Fund.

HappyFresh

Series A in 2015
HappyFresh is an online grocery platform operating in Southeast Asia, specifically in Indonesia, Malaysia, and Thailand. Founded in 2014, it enables customers to shop for a variety of grocery products from local supermarkets with ease. The company employs its own delivery fleet and staff, who are responsible for selecting and delivering fresh groceries directly to consumers' doorsteps. By partnering with established grocery stores, HappyFresh provides a convenient service that allows users to order their essential items efficiently.

Carsome

Seed Round in 2015
Carsome Sdn Bhd operates an online platform that connects customers with used car dealers across Malaysia and has expanded its services to Indonesia, Thailand, and Singapore. Founded in 2015 and headquartered in Petaling Jaya, the company streamlines the car-selling process by offering services that encompass inspection, valuation, bidding, payment, and logistics. This comprehensive approach allows individuals and entities to efficiently sell their vehicles directly to dealers through an online bidding portal. By facilitating each step of the transaction, Carsome aims to enhance the overall experience for customers looking to sell their cars.

HijUp

Seed Round in 2015
HijUp provides wide range of the best products from Indonesian Islamic fashion designers. The products they provide are for Moslem women in particular, from clothing, hijab/headscarf, accessories and more. Since its establishment, HIJUP.com functions as an agent between designers and their prospective buyers around the world. With HIJUP.com designers can increase their profits more efficiently while making it easier for buyers to find the products they want. HIJUP stands for Hijab Up (just like in Make Up or Dress Up). Because they believe that they can bring something Up to all Moslem women around the world. That while wearing Hijab, they are not limited to do anything worthwhile, create something wonderful, and earn a lot of respect from others. They deserve to be happy and looking great in pretty but syar'i outfit and fashionable hijab.

Adskom

Series A in 2015
ADSKOM Pte. Ltd. operates as an advertising technology company that delivers digital advertising solutions for the ASEAN market. It develops programmatic advertising platforms for inventory optimization needs to publishers; campaign performance needs to advertisers; and budget spending optimization needs to ad-buyers. The company was founded in 2013 and is based in Singapore with additional offices in Jakarta, Indonesia; Palo Alto, California; and Noida, India.

Fabelio

Seed Round in 2015
Fabelio is a design-centric e-tailer operating in Indonesia and soon in entire South East Asia. They partner with the best designers in Indonesia to create original designs and they work closely with the best factories to manufacture good-quality products at attractive prices. At fabelio they focus on furnishing happiness.

TouchTen

Series C in 2015
TouchTen Pte. Ltd. is a mobile game development company based in Jakarta, Indonesia, founded in 2009. The company specializes in creating a variety of mobile games, including genres such as restaurant management, casual sports, and adventure. With a portfolio of over ten titles, TouchTen has achieved significant success, with many of its games downloaded by millions of users globally. Notably, the company has reached the top 10 in the iOS market multiple times, showcasing its ability to compete in the global gaming landscape. Its recent titles have also performed well, with 50% entering the top 10 app rankings and 70% making it into the top 50 overall category on iTunes in the U.S. TouchTen's lean team of 14 demonstrates its capability to deliver impactful gaming experiences.

Kudo

Series A in 2015
KuDo Technology Indonesia, LLC develops a technology platform that bridges offline and online e-commerce and payment markets in Indonesia. It installs and operates kiosks at malls, universities, office buildings, and convenience stores for enabling customers to shop online for game vouchers, discount vouchers, cellphone balances, and others without having to use credit cards. The company was founded in 2014 and is based in Tangerang, Indonesia. As of July 24, 2017, Kudo Technology Indonesia, LLC was acquired by GP Network Asia Pte. Ltd.

Alodokter

Seed Round in 2015
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Zeemi.tv

Seed Round in 2015
Zeemi.tv operates an online live-sharing platform for customers in Indonesia. It allows its users to perform and enjoy live performances. Zeemi.tv was founded on December 1, 2014 and is headquartered in Jakarta Selatan, Indonesia.

Tees.co.id

Seed Round in 2015
Tees.co.id is Asia's one and only custom merchandising online retailer. They sell T-Shirts, Jackets, Hoodies, Art Prints and many more from their designs. They produce, ship and takes care of customer service. Designs are crowdsourced and showcased on their website at tees.co.id

Kaodim Group

Seed Round in 2015
Kaodim Group is a leading service marketplace in Southeast Asia, headquartered in Petaling Jaya, Malaysia. Established in 2014, the company operates platforms in Malaysia, Singapore, the Philippines, and Indonesia, connecting users with verified service professionals for a variety of tasks. The services offered include plumbing, electrical work, photography, personal training, and more, catering to needs in homes, events, health and fitness, automotive, and office settings. Through its mobile and web applications, Kaodim facilitates the hiring process by providing customized quotations, detailed service provider profiles, and user reviews, ensuring that customers can make informed decisions when selecting a service provider. By linking local communities with trustworthy professionals, Kaodim aims to enhance the overall service experience in the region.

HijUp

Seed Round in 2015
HijUp provides wide range of the best products from Indonesian Islamic fashion designers. The products they provide are for Moslem women in particular, from clothing, hijab/headscarf, accessories and more. Since its establishment, HIJUP.com functions as an agent between designers and their prospective buyers around the world. With HIJUP.com designers can increase their profits more efficiently while making it easier for buyers to find the products they want. HIJUP stands for Hijab Up (just like in Make Up or Dress Up). Because they believe that they can bring something Up to all Moslem women around the world. That while wearing Hijab, they are not limited to do anything worthwhile, create something wonderful, and earn a lot of respect from others. They deserve to be happy and looking great in pretty but syar'i outfit and fashionable hijab.

Bukalapak

Series B in 2015
PT Bukalapak operates an online e-commerce platform in Indonesia, offering a diverse range of consumer products, including electronics, household appliances, automotive parts, cosmetics, and apparel. Founded in 2011 and headquartered in Jakarta, the platform facilitates easy shopping through various categories, ensuring consumers can access a wide variety of commercial and personal items. Bukalapak emphasizes customer convenience with features such as easy returns and multiple payment options, including cash on delivery and credit or debit card transactions. In addition to physical goods, the company also provides virtual financial products, enhancing its overall service offering in the Indonesian market.

ORORI

Seed Round in 2014
PT. Orori Indonesia operates a jewelry e-commerce platform that specializes in gold, diamonds, and various other jewelry items. Founded in 2004 and based in Jakarta Pusat, Indonesia, the company also provides customers with the option to invest in gold bars. ORORI emphasizes transparency by displaying detailed information about its products, including original dimensions, ensuring that customers receive exactly what they see online. The platform aims to simplify the jewelry shopping experience, making it accessible and convenient for individuals with busy lifestyles.

SwipeRx

Seed Round in 2014
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

MBDC Media

Seed Round in 2014
MBDC Media, founded in 2011 and based in Jakarta, Indonesia, is a prominent online media company specializing in digital brand content production. The company operates a network of online platforms, including Malesbanget.com, which is recognized as Indonesia's largest humor and entertainment viral media channel. MBDC Media provides a range of services, including creative content development, digital campaigns, video production, and event management. Additionally, it offers strategic planning and distribution services, along with measurement and analysis of media strategies. As a YouTube Certified Company, MBDC Media also manages a multi-channel network known as the RED Network, collaborating with various well-known YouTube creators. Through its offerings, the company aims to deliver engaging and localized content that resonates with Indonesian youth while serving advertisers effectively.

MBDC Media

Venture Round in 2014
MBDC Media, founded in 2011 and based in Jakarta, Indonesia, is a prominent online media company specializing in digital brand content production. The company operates a network of online platforms, including Malesbanget.com, which is recognized as Indonesia's largest humor and entertainment viral media channel. MBDC Media provides a range of services, including creative content development, digital campaigns, video production, and event management. Additionally, it offers strategic planning and distribution services, along with measurement and analysis of media strategies. As a YouTube Certified Company, MBDC Media also manages a multi-channel network known as the RED Network, collaborating with various well-known YouTube creators. Through its offerings, the company aims to deliver engaging and localized content that resonates with Indonesian youth while serving advertisers effectively.

Bukalapak

Series A in 2014
PT Bukalapak operates an online e-commerce platform in Indonesia, offering a diverse range of consumer products, including electronics, household appliances, automotive parts, cosmetics, and apparel. Founded in 2011 and headquartered in Jakarta, the platform facilitates easy shopping through various categories, ensuring consumers can access a wide variety of commercial and personal items. Bukalapak emphasizes customer convenience with features such as easy returns and multiple payment options, including cash on delivery and credit or debit card transactions. In addition to physical goods, the company also provides virtual financial products, enhancing its overall service offering in the Indonesian market.

iMoney Group

Series A in 2013
iMoney is SE Asia's biggest and fastest-growing financial comparison portal with headquarters in Kuala Lumpur and operations in Singapore, Indonesia, Philippines, Hong Kong and Thailand. It compares credit cards, loans, broadband and insurance by providing consumers with the convenience of online comparison and the benefit of telephone-based advice. iMoney uses technology to offer consumers a free analysis of their product needs followed by a comprehensive review of products from its product provider panel. This enables consumers to avoid visiting multiple suppliers to compare products as well as applying directly from their desktop or mobile using our secure application process.

Grab

Series A in 2013
Grab Holdings Inc. is a Singapore-based company that offers a comprehensive mobile technology platform providing various online-to-offline services in Southeast Asia. Founded in 2012 by Anthony Tan and Tan Hooi Lng, Grab operates in several countries, including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar. The platform includes a wide range of services such as transportation options like GrabTaxi and GrabCar, and delivery services, alongside solutions for financial transactions through Grab Financial Group. This group provides services in payments, rewards, lending, and insurance, and features a user-friendly point-of-sale system for merchants, as well as a mobile wallet for convenient transactions. Grab aims to enhance the quality of life for its users by integrating essential services into a single app.

Qraved

Seed Round in 2013
Qraved, the No. 1 food discovery platform in Indonesia is solving the US$BN problem of “Where and What to eat.” To do this, Qraved provides a full stack solution bringing content, community and commerce together (Buzzfeed food/Eater+Yelp+Opentable) through web and mobile apps. With personalized delivery of aggregated and curated photo and video content from Instagram, blogs and other other media sources, Qraved is connecting more than millions of monthly users to more than 30,000 merchants.