Alpha JWC Ventures is a venture capital firm established in 2015, with offices in Jakarta, Indonesia, and Singapore. The firm specializes in making investments across various stages, including seed, early, growth, Series A, and Series B, primarily in Southeast Asia, with a strong emphasis on Indonesia. It targets a diverse range of sectors, notably technology, with particular focus on disruptive technologies and financial technologies. Alpha JWC Ventures adopts a disciplined investment strategy and employs active portfolio management, aiming to build long-term partnerships with institutional investors, strategic institutions, and family offices across Asia, the United States, and Europe.
Bumame is a digital-first healthcare platform that offers a wide range of services aimed at enhancing health and wellness. The company provides comprehensive healthcare solutions, including medical check-ups, pharmacy services, and COVID-19 testing, such as swab tests and PCR. Additionally, Bumame specializes in advanced diagnostics, including non-invasive prenatal tests and next-generation sequencing. The pharmacy division, Bumame Apotek, carries a diverse selection of products, encompassing medications, vitamins, supplements, and beauty items. By partnering with organizations like BGI Genomics and NGI, Bumame focuses on health innovation, particularly in genomics, to support public health initiatives and disease prevention efforts.
Harrison.ai
Series C in 2025
Harrison.ai is a clinician-led healthcare AI company founded in 2018 and headquartered in Barongarook, Victoria, Australia. The company focuses on using deep learning technology to enhance the success rates of in vitro fertilization (IVF) for patients. By developing customized AI-enabled tools that seamlessly integrate into existing clinical workflows, Harrison.ai aims to empower healthcare providers and improve patient outcomes. Its IVY deep learning model uniquely analyzes comprehensive five-day video feeds from embryo scopes, surpassing the capabilities of traditional AI tools that rely on static images. Harrison.ai combines deep learning expertise with clinical experience to create innovative healthcare solutions, striving to make healthcare products and services more efficient and affordable for medical institutions and patients alike.
Cornerstone Robotics
Series C in 2025
Cornerstone Robotics is dedicated to enhancing the accessibility of advanced medical services in China through the development of medical robotic devices. The company is focused on creating a safe and efficient surgical robotics platform aimed at improving the accuracy and efficiency of surgical operations. By prioritizing research and development, Cornerstone Robotics enables physicians to perform surgeries with greater precision, ultimately contributing to better patient outcomes in the healthcare sector.
Omni HR
Venture Round in 2024
Omni HR operates a human resource automation platform that streamlines the entire employee journey, from recruitment to onboarding and ongoing employee management. The platform enables companies to integrate employee data from various systems, facilitating tasks such as performance reviews, documentation collection, and HR reporting. By digitizing and automating these processes, Omni HR provides organizations with a comprehensive solution to manage their workforce efficiently and effectively.
Peak3
Series A in 2024
Peak3 is a developer of insurtech software that delivers technical solutions and professional services to businesses. The company focuses on providing digital insurance options that are affordable and easily accessible, catering to the increasing demands of on-demand customers. By leveraging digital ecosystems, Peak3 enables users to redefine the insurance landscape and seamlessly integrate relevant protection into their customer journeys. Through its innovative platform, Peak3 aims to simplify the insurance process and enhance the overall experience for users.
Mythic Protocol
Seed Round in 2023
Mythic Protocol is an entertainment company focused on developing games, media, and platforms that leverage blockchain technology. The company aims to enhance the gaming experience by creating an internet protocol designed for the open metaverse, which incorporates advancements in non-fungible tokens (NFTs). Its platform is structured to engage players over extended periods through a range of intrinsic and extrinsic motivations, including randomly generated challenges, power-ups, and diverse maps. This approach not only enriches gameplay but also enables users to grow their assets as they progress in the game.
ALVA
Series B in 2023
ALVA is a manufacturer of electric bikes designed for urban commuting, focusing on performance, efficiency, and environmental sustainability. Assembled in Indonesia, ALVA's bikes prioritize motor efficiency and offer impressive torque and top speeds on a single charge. The company's products feature integrated intelligence that enhances rider security, personalization, and control, ensuring a superior riding experience. With a commitment to zero-emissions technology, ALVA aims to facilitate a transition to electric mobility while helping customers reduce riding costs.
Beleaf Farms
Series A in 2023
Beleaf is a hydroponic farm based in Bogor, Indonesia, specializing in the cultivation of fresh and nutritious food. The company employs vertical farming techniques that utilize hydroponic systems, significantly reducing water usage while producing a variety of greens and vegetables. By establishing a sustainable supply chain with a low-carbon footprint, Beleaf aims to deliver farm-fresh produce directly to consumers, promoting both convenience and environmental responsibility.
Venti Technologies
Series A in 2023
Venti Technologies is an autonomous vehicle developer focused on creating advanced logistics systems for the transportation of goods and people. Founded in 2018 and headquartered in Suzhou, China, and Weston, Massachusetts, the company has developed a proprietary suite of autonomy technologies that leverage rigorous mathematical modeling and deep learning. These technologies aim to enhance the safety and speed of goods transportation while enabling significant vehicle and cost efficiencies. Venti's solutions are designed to automate complex logistics environments, including heavy traffic areas and logistics hubs, thereby strengthening supply chains and supporting the transition to zero carbon emissions. The company’s mission emphasizes delivering reliable transportation solutions that contribute to a greener planet and foster the creation of new, knowledge-based jobs.
Beleaf Farms
Seed Round in 2022
Beleaf is a hydroponic farm based in Bogor, Indonesia, specializing in the cultivation of fresh and nutritious food. The company employs vertical farming techniques that utilize hydroponic systems, significantly reducing water usage while producing a variety of greens and vegetables. By establishing a sustainable supply chain with a low-carbon footprint, Beleaf aims to deliver farm-fresh produce directly to consumers, promoting both convenience and environmental responsibility.
Una Brands
Series B in 2022
Una Brands is a Singapore-based company founded in 2020 that specializes in acquiring and transforming e-commerce brands into prominent market leaders. It focuses on purchasing category-winning brands known for their strong performance, quality products, and positive customer feedback. By leveraging substantial growth capital, Una Brands aims to accelerate the growth of these businesses and enhance their visibility in the market. The company employs advanced data analytics and artificial intelligence to optimize its processes, providing these brands with a competitive advantage. Through its strategic branding services, Una Brands seeks to help e-commerce businesses evolve into globally recognized and enduring household names.
ESB
Series B in 2022
ESB specializes in restaurant technology, offering a management platform that simplifies the operation of food and beverage businesses. The platform integrates various processes essential to restaurant management, including ordering, point of sale, and supply chain logistics. By providing a comprehensive technological ecosystem, ESB allows restaurateurs to concentrate on running their businesses effectively, while the software addresses their technological requirements. This approach enhances operational efficiency and supports the overall management of food and beverage establishments.
Esensi Solusi Buana
Series B in 2022
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Edamama
Series A in 2022
Edamama is a Philippine-based e-commerce platform that caters specifically to mothers, offering a wide range of baby and parenting products. The platform simplifies decision-making for parents by providing an extensive selection of items including diapers, wipes, safety products, breastfeeding accessories, bathing and grooming supplies, and educational materials. Additionally, Edamama offers a diaper subscription service, allowing parents to conveniently receive essential childcare products in one place. This comprehensive approach aims to support parents in managing their childcare needs effectively.
IDEAL Indonesia
Pre Seed Round in 2022
IDEAL Indonesia is a digital mortgage lending platform designed to streamline the home buying process for potential homeowners. The platform offers features such as e-KYC, document verification, and AI-driven credit scoring to help users receive personalized mortgage recommendations based on their specific needs. By connecting home buyers with a range of compatible mortgage products from major property developers and banks in Indonesia, IDEAL Indonesia allows users to apply to multiple banks using a single set of data. Additionally, the platform includes a real-time tracking system, enhancing the overall experience for individuals seeking to navigate their ownership journey efficiently.
Omni HR
Pre Seed Round in 2022
Omni HR operates a human resource automation platform that streamlines the entire employee journey, from recruitment to onboarding and ongoing employee management. The platform enables companies to integrate employee data from various systems, facilitating tasks such as performance reviews, documentation collection, and HR reporting. By digitizing and automating these processes, Omni HR provides organizations with a comprehensive solution to manage their workforce efficiently and effectively.
Mangkokku
Series A in 2022
Mangkokku is a culinary startup that specializes in offering authentic Indonesian rice bowls, presenting professional chef-level dishes in a convenient format. The company focuses on delivering comfort food made from locally sourced ingredients, aiming to promote Indonesian cuisine on a global scale. By providing high-quality meals at affordable prices, Mangkokku seeks to make traditional Asian flavors accessible to a wider audience, enhancing the appreciation for Indonesian culinary heritage.
True Platform
Seed Round in 2022
True Platform is a business-to-business software-as-a-service company that specializes in providing technology management solutions for global enterprises. Its platform is designed to enhance customer-based applications, allowing clients to create customer-centric environments that foster improved communication and collaboration. By focusing on the competitive aspects of enterprises, True Platform enables its customers to strengthen relationships, increase loyalty, and effectively drive business growth.
Unravel Carbon
Seed Round in 2022
Unravel Carbon offers an AI-driven platform that helps enterprises measure, monitor, reduce, and report their carbon emissions as part of their commitment to sustainability and a zero-carbon economy. The platform converts corporate data into comprehensive carbon metrics for entire supply chains and automates the development of climate solutions and regulatory reports. By integrating climate-driven decision-making into business practices, Unravel Carbon supports organizations in their decarbonization efforts, aiming to enhance sustainability performance and ensure a sustainable future for generations to come.
Pitik
Series A in 2022
Pitik is an agri-tech startup focused on enhancing the poultry supply chain for chicken farmers in Indonesia. The company offers a comprehensive farm management system that integrates Internet of Things (IoT) technology, algorithms, and digital assistance to support farmers in managing their operations effectively. By providing full backend support, Pitik empowers farmers to improve productivity and efficiency, ultimately enabling them to produce higher quality chickens at competitive prices. The startup aims to elevate the welfare of chicken farmers while modernizing poultry farming practices in the region.
VIDA
Series A in 2022
VIDA is an IT company that develops customized digital platforms to enhance compliance and security services.
BuiltaMart
Seed Round in 2022
BuiltaMart is an e-commerce platform based in Manila that specializes in providing premium groceries online. The company focuses on offering freshly produced grocery items at competitive prices, catering to the needs of both customers and sellers. By streamlining the buying and selling process, BuiltaMart enables users to access a wide range of perishable goods conveniently from a single platform, enhancing the overall shopping experience.
Arrow
Seed Round in 2022
Arrow creates new, fast, seamless consumer online purchase experiences. Arrow's first product is an instant one-tap checkout solution, works across all platforms, and with local payment methods.
Noice
Series A in 2022
Noice is a local audio platform that offers a diverse range of content, including radio, music, podcasts, and audiobooks. Founded in June 2018 as part of the Mahaka Media Group, Noice operates radio stations in Indonesia, specifically targeting geographic segments in Jakarta and Surabaya. The platform facilitates access to informational podcasts and radio shows, allowing users to engage with various audio content while also providing opportunities for content creators to produce and share their own work online. Through its focus on audio, Noice aims to enhance the listening experience and broaden the availability of informative and entertaining content for its users.
Off Meat
Seed Round in 2022
Off Foods produces plant-based meat that it distributes to various restaurants. Sales of its flagship product – a chicken-like protein called Off Meat – have grown by 10x since its establishment, according to a company statement.
Aemi Beauty
Seed Round in 2022
Aemi Beauty offers a wide range of beauty and cosmetic products.
Hangry
Series A in 2022
Hangry is a multi-brand restaurant company that specializes in food delivery services, offering a diverse selection of virtual restaurants featuring both local and international cuisines. The company focuses on providing tasty, consistent, and affordable meals to a broad market, with offerings that range from fried chicken to coffee. Each recipe is meticulously tested to ensure a delicious experience in every bite. Hangry's user-friendly platform allows customers to easily order meals and have them delivered directly to their location, catering to consumers seeking variety and convenience in their dining options.
DELOS
Seed Round in 2022
DELOS is a science-driven aqua-tech company that designs and operates aquafarms seeking to disrupt the traditional and fragmented aquaculture industry in Indonesia. The Company aims to jumpstart what it calls the “Blue Revolution”. The vision is to help progress Indonesia into an international aquaculture-based seafood production powerhouse within the next decade. The revolution will be a radical shift to drive the growth and modernization of the ~US$ 2.5 billion Indonesian aquaculture industry and further its integration into the global seafood supply chain. DELOS has successfully launched its farming-as-a-service product, AquaHero, a full-stack farm productivity system that combines scientific expertise, technology, and operational excellence to boost farm productivity and profitability. AquaHero utilizes top-class data collection methods and a cutting-edge biological model to predict and mitigate harvest risk, a model that will be trained on hundreds of shrimp ponds within the DELOS ecosystem across Indonesia. DELOS has also launched AquaLink, a harvesting and logistics platform that allows it to capture and provide sustainable and traceable seafood supply downstream in the value chain. The company is currently responsible for producing and distributing thousands of tons of shrimp annually, and has taken steps to integrate its supply into the US$ 300 billion global seafood market. DELOS aims to ensure the traceability and sustainability of its supply chain to streamline global integration. The company has, thereby, embedded sustainable practices into its operations, and will allow stakeholders visibility into its supply chain through its AquaHero and AquaLink platforms.
Sayurbox
Series C in 2022
Sayurbox is a web-based platform based in Bandung, Indonesia, that specializes in the distribution of fresh fruits and vegetables. Founded in 2016, it connects consumers directly with farmers, allowing them to purchase chemical-free and organic produce. The platform emphasizes healthy living by offering vegetables that are harvested and delivered on the same day, ensuring freshness and quality. By facilitating online orders, Sayurbox aims to make healthy eating more accessible to its users.
Zenius
Series B in 2022
Zenius is an online education platform that aims to enhance the learning experience of K12 students in Indonesia by promoting critical thinking and scientific knowledge. The company offers subscription-based self-learning materials that are accessible and tailored to the needs of Indonesian students. Zenius utilizes a combination of online educational videos and offline media formats, such as CDs and DVDs, to ensure comprehensive access to its resources. By focusing on providing visual content, Zenius enables students to acquire critical, logical, and integrated scientific knowledge effectively.
Pace
Series A in 2022
Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. Pace lets shoppers take charge of their spending without giving up on the things they need or deserve. Pace allows consumers to split their purchases into three equal interest-free payments over 60 days through an omnichannel experience that helps them spend sustainably.
Next Gen Foods
Series A in 2022
Next Gen Foods is a food-tech startup that offers plant-based meat products. Its plant-based products look and taste like meat and are developed using agricultural food ecosystems helping consumers to have foods that are rich in protein and nutrients. The company was founded in 2020 and is headquartered in Singapore.
Infina
Seed Round in 2022
Infina is an investment platform that focuses on making financial services accessible and user-friendly. It offers a digital application that allows individuals to invest small amounts in various opportunities, including real estate and fund certificates. By simplifying the investment process, Infina enables users to participate in the market without the need for significant capital, thus promoting financial inclusion. The platform is designed to provide a safe and frictionless experience for investors, facilitating their ability to derive profits from diverse investment options.
Lumina
Seed Round in 2022
Lumina provides job consulting services. They offer services that include administration, accounting, aviation, raw materials, building materials, consumer goods, distribution, and wholesale.
Satu Dental
Venture Round in 2022
Satu Dental Clinic operates as a comprehensive dental clinic that offers a wide range of treatments for various dental issues. The clinic's services include surgical procedures, nerve treatments, aesthetic dentistry, and primary care, ensuring that patients receive complete oral healthcare. By providing diverse treatment options, Satu Dental aims to address the full spectrum of dental needs for its patients.
BenihBaik
Venture Round in 2022
BenihBaik is a financial service providing firm offering fundraising and crowdfunding platform for small businesses.
Otoklix
Series A in 2021
Otoklix is a company based in Jakarta Selatan, Indonesia, that specializes in the automotive aftermarket sector. Founded in 2019, it operates a platform designed to connect vehicle owners with independent car workshops, addressing the fragmented nature of the auto repair industry in Indonesia. Otoklix enables users to conveniently book services online at nearby recommended workshops, ensuring standardized pricing and service levels. The platform also offers features such as warranty coverage for transactions and a system for tracking repair and maintenance history. Additionally, Otoklix provides customer relationship management and supply chain management solutions to enhance the visibility and efficiency of independent workshops, ultimately aiming to improve the overall vehicle maintenance experience for consumers.
Una Brands
Series A in 2021
Una Brands is a Singapore-based company founded in 2020 that specializes in acquiring and transforming e-commerce brands into prominent market leaders. It focuses on purchasing category-winning brands known for their strong performance, quality products, and positive customer feedback. By leveraging substantial growth capital, Una Brands aims to accelerate the growth of these businesses and enhance their visibility in the market. The company employs advanced data analytics and artificial intelligence to optimize its processes, providing these brands with a competitive advantage. Through its strategic branding services, Una Brands seeks to help e-commerce businesses evolve into globally recognized and enduring household names.
ESB
Series A in 2021
ESB specializes in restaurant technology, offering a management platform that simplifies the operation of food and beverage businesses. The platform integrates various processes essential to restaurant management, including ordering, point of sale, and supply chain logistics. By providing a comprehensive technological ecosystem, ESB allows restaurateurs to concentrate on running their businesses effectively, while the software addresses their technological requirements. This approach enhances operational efficiency and supports the overall management of food and beverage establishments.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Ajaib
Series B in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.
VIDA
Seed Round in 2021
VIDA is an IT company that develops customized digital platforms to enhance compliance and security services.
Noice
Seed Round in 2021
Noice is a local audio platform that offers a diverse range of content, including radio, music, podcasts, and audiobooks. Founded in June 2018 as part of the Mahaka Media Group, Noice operates radio stations in Indonesia, specifically targeting geographic segments in Jakarta and Surabaya. The platform facilitates access to informational podcasts and radio shows, allowing users to engage with various audio content while also providing opportunities for content creators to produce and share their own work online. Through its focus on audio, Noice aims to enhance the listening experience and broaden the availability of informative and entertaining content for its users.
GudangAda
Series B in 2021
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.
Venti Technologies
Seed Round in 2021
Venti Technologies is an autonomous vehicle developer focused on creating advanced logistics systems for the transportation of goods and people. Founded in 2018 and headquartered in Suzhou, China, and Weston, Massachusetts, the company has developed a proprietary suite of autonomy technologies that leverage rigorous mathematical modeling and deep learning. These technologies aim to enhance the safety and speed of goods transportation while enabling significant vehicle and cost efficiencies. Venti's solutions are designed to automate complex logistics environments, including heavy traffic areas and logistics hubs, thereby strengthening supply chains and supporting the transition to zero carbon emissions. The company’s mission emphasizes delivering reliable transportation solutions that contribute to a greener planet and foster the creation of new, knowledge-based jobs.
OnlinePajak
Series C in 2021
OnlinePajak is a web-based platform that simplifies corporate tax management and administration. The service aims to enhance tax collection and alleviate the burdens associated with corporate taxation through a streamlined process that includes preparing, paying, and filing taxes online. By integrating various tax-related functions into a single application, OnlinePajak enables businesses to efficiently manage their tax obligations, perform calculations, process payments, and submit reports. This comprehensive approach not only facilitates compliance with tax regulations but also aims to improve overall performance and productivity for users.
Vara
Seed Round in 2021
Vara is focused specifically on making staff management easier for small businesses and their workers, replacing the notebooks or spreadsheets many relied on to keep track of payroll with an app called Bukugaji.
Hangry
Series A in 2021
Hangry is a multi-brand restaurant company that specializes in food delivery services, offering a diverse selection of virtual restaurants featuring both local and international cuisines. The company focuses on providing tasty, consistent, and affordable meals to a broad market, with offerings that range from fried chicken to coffee. Each recipe is meticulously tested to ensure a delicious experience in every bite. Hangry's user-friendly platform allows customers to easily order meals and have them delivered directly to their location, catering to consumers seeking variety and convenience in their dining options.
Ajaib
Series A in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.
Raena
Series A in 2021
Raena is an Indonesian startup focused on empowering social media influencers to create their own e-commerce brands. Founded by Sreejita Deb, an alumna of Harvard Business School with experience at Google and Amazon, Raena provides a web-based platform that allows Indonesian consumers to purchase beauty products sourced mainly from Japan and Korea. The platform not only offers a diverse selection of beauty and skincare products but also provides ready-made content to assist influencers in marketing their brands. By connecting emerging brands worldwide for drop shipping, Raena aims to streamline the online beauty business, facilitating access to high-quality products for both beauty entrepreneurs and consumers.
Saturdays
Seed Round in 2021
Saturdays are an innovative eyewear manufacturer that combines style and comfort.
Credibook
Seed Round in 2021
Credibook is a startup focused on assisting Indonesian retail wholesalers in managing their financial operations through a digital debt logbook application. This platform aims to streamline the tracking of receivables and payables, enhancing the efficiency of inventory sourcing within the supply chain. The application offers various services, including debt record management, accounts payable and receivable tracking, personal debt management, and reminders for overdue payments. By digitizing these financial processes, Credibook enables business owners to effectively manage their operations using technology. The company plans to expand its reach across Indonesia and diversify its offerings to serve additional business sectors.
Pace
Seed Round in 2021
Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. Pace lets shoppers take charge of their spending without giving up on the things they need or deserve. Pace allows consumers to split their purchases into three equal interest-free payments over 60 days through an omnichannel experience that helps them spend sustainably.
Ajaib
Series A in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.
Zenius
Series B in 2021
Zenius is an online education platform that aims to enhance the learning experience of K12 students in Indonesia by promoting critical thinking and scientific knowledge. The company offers subscription-based self-learning materials that are accessible and tailored to the needs of Indonesian students. Zenius utilizes a combination of online educational videos and offline media formats, such as CDs and DVDs, to ensure comprehensive access to its resources. By focusing on providing visual content, Zenius enables students to acquire critical, logical, and integrated scientific knowledge effectively.
Mangkokku
Seed Round in 2020
Mangkokku is a culinary startup that specializes in offering authentic Indonesian rice bowls, presenting professional chef-level dishes in a convenient format. The company focuses on delivering comfort food made from locally sourced ingredients, aiming to promote Indonesian cuisine on a global scale. By providing high-quality meals at affordable prices, Mangkokku seeks to make traditional Asian flavors accessible to a wider audience, enhancing the appreciation for Indonesian culinary heritage.
PasarPolis
Series B in 2020
PasarPolis is an insurtech startup based in Jakarta, Indonesia, founded in 2015 by Cleosent Randing. The company operates an online insurance comparison platform that aims to make insurance accessible to emerging consumers. It provides a variety of insurance options, including health, life, car, personal accident, property, and travel insurance. Through its online portal, PasarPolis enables customers to obtain quotes and manage claims efficiently, ensuring access to fast and affordable insurance plans.
Bobobox Indonesia
Series A in 2020
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It specializes in providing innovative accommodation services tailored for travelers and millennial adventurers, offering a unique and efficient way to stay. Bobobox also caters to commuters seeking a place to rest and recharge. In addition to its core services, the company provides franchise opportunities, allowing others to participate in its business model and expand its reach. Through its focus on smart and convenient lodging solutions, Bobobox aims to redefine the travel experience in Indonesia.
Kopi Kenangan
Series B in 2020
Kopi Kenangan is one of several grab-and-go coffee chains trying to capitalize on the rising trend and demand for grounded coffee beverages in a country which has the lowest coffee consumption per capita in the region, despite being the world’s fourth-largest coffee exporter.
GudangAda
Series A in 2020
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.
GudangAda
Seed Round in 2020
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.
Hangry
Seed Round in 2020
Hangry is a multi-brand restaurant company that specializes in food delivery services, offering a diverse selection of virtual restaurants featuring both local and international cuisines. The company focuses on providing tasty, consistent, and affordable meals to a broad market, with offerings that range from fried chicken to coffee. Each recipe is meticulously tested to ensure a delicious experience in every bite. Hangry's user-friendly platform allows customers to easily order meals and have them delivered directly to their location, catering to consumers seeking variety and convenience in their dining options.
Evermos
Series A in 2019
Evermos is a social commerce startup based in Indonesia that connects brands, resellers, and consumers, focusing on everyday Muslim products. Founded in November 2018, the platform allows individuals to become resellers without needing significant operating capital or complex e-commerce systems. Resellers can share a variety of halal products—including fashion, food, cosmetics, and home appliances—through messaging applications or social media, earning commissions on sales. By targeting lower-tier cities in Indonesia, Evermos aims to meet the everyday needs of Muslim consumers while empowering resellers to generate additional income. The company also seeks to support small brands in scaling their operations, thereby contributing to social impact and economic prosperity for individuals at the bottom of the economic pyramid.
Style Theory
Series B in 2019
Style Theory is a fashion rental subscription platform that offers economically sustainable fashion choices through its user-friendly app. Founded in 2016 by Chris Halim and Raena Lim, the platform allows members to rent unlimited designer clothing for a monthly fee, providing access to a vast selection of high-quality brands at affordable prices. The registration process is simple, requiring basic personal information, and the app retains user data such as body measurements to ensure that clothing recommendations are tailored to individual sizes. This innovative approach not only promotes sustainable fashion but also enhances the shopping experience by making it easier for customers to enjoy luxury fashion without the associated costs.
Goola
Venture Round in 2019
Goola is a food and beverage startup focused on showcasing Indonesia's rich cultural diversity. The company offers a range of authentic beverages available in retail stores and through distributors, aiming to connect consumers with Indonesian traditions. In addition to its product offerings, Goola is developing a mobile application to enhance customer engagement and accessibility. Through these efforts, Goola seeks to promote Indonesia's cultural heritage on a global scale.
Neurosensum
Series A in 2019
Neurosensum is a company that leverages neuroscience and artificial intelligence to analyze consumer behavior and subconscious responses to marketing stimuli. Founded in 2017 and based in Jakarta Selatan, Indonesia, with additional offices in London and Singapore, Neurosensum utilizes advanced technologies such as electroencephalogram (EEG), virtual reality, eye tracking, and facial coding. Its flagship product, MYNDSIGHT, employs machine learning algorithms to capture and analyze emotional reactions to advertisements on a frame-by-frame basis. The company offers a range of services, including product testing, concept testing, shopper studies, brand tracking, and pricing studies, which help businesses gain insights into consumer behavior and optimize their marketing strategies before launching products or services.
Carro
Series B in 2019
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Bobobox Indonesia
Seed Round in 2019
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It specializes in providing innovative accommodation services tailored for travelers and millennial adventurers, offering a unique and efficient way to stay. Bobobox also caters to commuters seeking a place to rest and recharge. In addition to its core services, the company provides franchise opportunities, allowing others to participate in its business model and expand its reach. Through its focus on smart and convenient lodging solutions, Bobobox aims to redefine the travel experience in Indonesia.
Logivan
Venture Round in 2019
LOGIVAN Technologies JSC is a Vietnamese technology company founded in 2017 and headquartered in Hanoi. It specializes in cargo transportation services between the northern and southern provinces of Vietnam by connecting small and medium-sized shippers with a network of truckers. The company offers innovative solutions such as LOGIVAN Truck Owner, which facilitates direct connections between truck owners and shipments, and LOGIVAN Shipper, which allows businesses to connect with transport partners. By digitizing the trucking industry, LOGIVAN aims to reduce logistics costs, improve supply chain efficiency, and address the issue of empty return trips by maximizing the utilization of trucks. The company addresses the inefficiencies in Vietnam's transport industry, which experiences logistics costs significantly higher than in other regions, thus striving to enhance the overall capacity of logistics service providers through technology.
Ajaib
Seed Round in 2019
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.
Base.vn
Seed Round in 2018
Base.vn mission is to build an open and smart platform where all the best apps for businesses across Asia are located. We believe that a complete technology foundation will be the most important factor in helping businesses thrive. We are always loyal to our mission and ready to accompany every step of the growth of your business.
Alterra
Venture Round in 2018
Alterra is a technology company based in Indonesia that specializes in digital billing and payment services. Founded in 2015, the company operates a comprehensive platform that functions as a bill payment aggregator and distribution network, offering online payment solutions for utilities such as mobile top-ups, electricity tokens, and government services. Additionally, Alterra provides a promotional platform and various tools designed to enhance business operations, including systems for attendance management and tax optimization for hotels and restaurants. The company aims to digitize Indonesian society by supporting a diverse range of business lines within the digital distribution and online industry, with offices located in Jakarta, Malang, and Jambi.
Target Media Nusantara
Series A in 2018
PT Target Media Nusantara specializes in indoor digital media advertising by installing screens in lifts and lobbies of office buildings, apartments, and hotels. Founded in 2003 and headquartered in Jakarta Selatan, Indonesia, the company caters to a diverse clientele, including notable brands such as Lazada, Zalora, Bobobox, Carmudi, and Deltomed. As part of the China Focus Media Group, which is recognized as China's largest indoor Out of Home Advertising company, Target Media Nusantara aims to enhance brand awareness for its clients through targeted communication channels. The company focuses on creating effective marketing campaigns that engage urban audiences in designated locations, thereby supporting clients in their communication strategies.
Target Media Nusantara
Series A in 2018
PT Target Media Nusantara specializes in indoor digital media advertising by installing screens in lifts and lobbies of office buildings, apartments, and hotels. Founded in 2003 and headquartered in Jakarta Selatan, Indonesia, the company caters to a diverse clientele, including notable brands such as Lazada, Zalora, Bobobox, Carmudi, and Deltomed. As part of the China Focus Media Group, which is recognized as China's largest indoor Out of Home Advertising company, Target Media Nusantara aims to enhance brand awareness for its clients through targeted communication channels. The company focuses on creating effective marketing campaigns that engage urban audiences in designated locations, thereby supporting clients in their communication strategies.
Nusantara Technology
Series A in 2018
Nusantara Technology is a technology and media group created by Indonesians for the younger generation. The company believes that the youthful Indonesian generation has the potential to make a positive impact on Indonesia. Therefore, Nusantara Technology is responsible for shaping the mentality of the next generation by providing content and technology that will bring Indonesia to the forefront of innovation. Nusantara Technology is a gateway and one-stop solution to reach Gen-Z and the Millenial generation. Nusantara Technology is trusted by Fortune 500 Company and well-known brands to connecting and delivering their messages through digital creative advertising and activities
OnlinePajak
Series B in 2018
OnlinePajak is a web-based platform that simplifies corporate tax management and administration. The service aims to enhance tax collection and alleviate the burdens associated with corporate taxation through a streamlined process that includes preparing, paying, and filing taxes online. By integrating various tax-related functions into a single application, OnlinePajak enables businesses to efficiently manage their tax obligations, perform calculations, process payments, and submit reports. This comprehensive approach not only facilitates compliance with tax regulations but also aims to improve overall performance and productivity for users.
Kopi Kenangan
Seed Round in 2018
Kopi Kenangan is one of several grab-and-go coffee chains trying to capitalize on the rising trend and demand for grounded coffee beverages in a country which has the lowest coffee consumption per capita in the region, despite being the world’s fourth-largest coffee exporter.
Super
Funding Round in 2018
Super is a social commerce platform that enables leaders to become self-made entrepreneurs and builds logistics networks. The company features Superagen, an agent-led commerce group buying that enables community leaders to become retailers within their communities.
ZUZU Hospitality
Series A in 2018
ZUZU Hospitality Solutions is a Singapore-based company that provides online revenue management and marketing services tailored for small hotels. The firm offers a comprehensive platform that includes revenue management tools, channel management, property management functionalities, and analytics, which collectively enhance operational efficiency. By acting as a hotel operating system, ZUZU Hospitality enables hoteliers to concentrate on their core business while optimizing their back-office operations for revenue generation. Through its innovative software and services, ZUZU Hospitality aims to drive revenue growth and serve as a vital partner for independent hotel operators.
Lemonilo
Venture Round in 2018
PT Lemonilo Indonesia Sehat is an online platform based in Jakarta Barat, Indonesia, that specializes in retailing a diverse range of healthy lifestyle products. Founded in 2016, the company offers food items such as snacks, vegetables, fruits, meat, seafood, baby food, and juices, alongside beauty and personal care products like face and body treatments, dental care items, and essential oils. Lemonilo emphasizes providing natural and affordable options free from over 100 harmful synthetic ingredients, partnering with small and medium enterprises across Indonesia. The company's mission is to promote healthier living among Indonesians by making nutritious and organic products accessible and affordable, thereby enhancing their overall well-being and productivity. In addition to its online presence, Lemonilo also operates retail stores to reach a wider audience.
Bobobox Indonesia
Seed Round in 2018
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It specializes in providing innovative accommodation services tailored for travelers and millennial adventurers, offering a unique and efficient way to stay. Bobobox also caters to commuters seeking a place to rest and recharge. In addition to its core services, the company provides franchise opportunities, allowing others to participate in its business model and expand its reach. Through its focus on smart and convenient lodging solutions, Bobobox aims to redefine the travel experience in Indonesia.
Neurosensum
Venture Round in 2018
Neurosensum is a company that leverages neuroscience and artificial intelligence to analyze consumer behavior and subconscious responses to marketing stimuli. Founded in 2017 and based in Jakarta Selatan, Indonesia, with additional offices in London and Singapore, Neurosensum utilizes advanced technologies such as electroencephalogram (EEG), virtual reality, eye tracking, and facial coding. Its flagship product, MYNDSIGHT, employs machine learning algorithms to capture and analyze emotional reactions to advertisements on a frame-by-frame basis. The company offers a range of services, including product testing, concept testing, shopper studies, brand tracking, and pricing studies, which help businesses gain insights into consumer behavior and optimize their marketing strategies before launching products or services.
Kredivo
Series B in 2018
Kredivo is a leading digital financial services provider based in Jakarta, Indonesia, founded in 2016 by Akshay Garg. It offers a modern online credit platform that enables customers to access instant credit for e-commerce and offline purchases, as well as personal loans. Kredivo's innovative API allows businesses to integrate its payment options seamlessly, offering customers flexible financing solutions such as 30-day payment plans and installment options. The platform emphasizes real-time decision-making to ensure a straightforward and transparent credit experience, catering to a wide range of consumers and enhancing their shopping capabilities. Additionally, Kredivo operates in key Southeast Asian markets, solidifying its position as a prominent player in the region's digital credit landscape.
Modalku
Series B in 2018
Modalku is an online marketplace based in Jakarta, Indonesia for small businesses to acquire loans and for lenders to fund small business loans to earn compelling returns. Its technology-based approach enables borrowers to receive loans for the first time or at lower than market rates, while lenders will earn returns well above that of bank deposits, traditional fixed income products, and life insurance investment-linked products. This marketplace lending model is proven in countries such as USA, UK, China & Singapore.
Carro
Series B in 2018
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
TaniHub
Seed Round in 2018
TaniHub is a B2B agriculture marketplace based in Indonesia that connects farmers with businesses in the food, hotel, restaurant, and catering sectors. Established in 2015 by co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan, TaniHub provides an e-commerce platform for agricultural products. The platform empowers local farmers by facilitating market access and financial opportunities, allowing them to sell their crops to individuals and micro, small, and medium enterprises (MSMEs) across various regions.
Funding Societies
Series B in 2018
Funding Societies is a digital financing company specializing in providing loans to small and medium enterprises (SMEs) through its online platform. The platform connects individual and institutional investors with SMEs looking for financing, allowing these businesses to access funds quickly and efficiently, often without the need for traditional banks. Funding Societies operates across several Southeast Asian countries, including Singapore, Malaysia, Indonesia, and Thailand. It offers a range of flexible financing options, such as micro loans, term loans, and invoice financing, supported by advanced credit scoring and risk assessment models to evaluate borrower creditworthiness. This approach helps SMEs address urgent cash flow needs and fosters their growth.
RateX
Seed Round in 2018
RateX helps you pay less online. Locally and internationally.
Neurosensum
Seed Round in 2018
Neurosensum is a company that leverages neuroscience and artificial intelligence to analyze consumer behavior and subconscious responses to marketing stimuli. Founded in 2017 and based in Jakarta Selatan, Indonesia, with additional offices in London and Singapore, Neurosensum utilizes advanced technologies such as electroencephalogram (EEG), virtual reality, eye tracking, and facial coding. Its flagship product, MYNDSIGHT, employs machine learning algorithms to capture and analyze emotional reactions to advertisements on a frame-by-frame basis. The company offers a range of services, including product testing, concept testing, shopper studies, brand tracking, and pricing studies, which help businesses gain insights into consumer behavior and optimize their marketing strategies before launching products or services.
DealStreetAsia
Venture Round in 2018
DealStreetAsia, established in May 2014 and launched in October of the same year, serves as a news and intelligence platform focused on the Asian investment landscape. Based in Singapore, it provides crucial insights into investment activities, including mergers, acquisitions, private equity, and venture capital, across the ASEAN region and beyond. The platform is designed to meet the growing demand for investment-related information in Asia's diverse and dynamic markets. To achieve this, DealStreetAsia has developed a robust network of correspondents throughout countries such as Indonesia, the Philippines, Myanmar, Thailand, Vietnam, Malaysia, and India, who monitor and report on local deals and economic trends. Founded by Joji Thomas Philip, the platform emphasizes the importance of timely and accurate information in shaping the future of business in Asia. With a dedicated team of journalists, DealStreetAsia covers a wide range of enterprises, from startups to large corporations, highlighting their roles in the region's rapid economic evolution.
STOQO
Venture Round in 2017
STOQO Technology operates an online marketplace tailored for small restaurant and hotel owners in Indonesia, enabling them to bulk source raw materials directly from manufacturers at competitive prices. Founded in 2016 and based in Jakarta, the company offers a platform that simplifies the procurement process for culinary businesses by providing a wide range of supplies, including food ingredients, beverages, and cleaning products. Through its application, users can efficiently manage their sourcing needs, allowing them to focus more on customer service and operational efficiency. By connecting food industry players with major manufacturers and distributors, STOQO aims to streamline back-end operations and enhance the overall supply chain for its clients.
OnlinePajak
Series A in 2017
OnlinePajak is a web-based platform that simplifies corporate tax management and administration. The service aims to enhance tax collection and alleviate the burdens associated with corporate taxation through a streamlined process that includes preparing, paying, and filing taxes online. By integrating various tax-related functions into a single application, OnlinePajak enables businesses to efficiently manage their tax obligations, perform calculations, process payments, and submit reports. This comprehensive approach not only facilitates compliance with tax regulations but also aims to improve overall performance and productivity for users.
ZUZU Hospitality
Seed Round in 2017
ZUZU Hospitality Solutions is a Singapore-based company that provides online revenue management and marketing services tailored for small hotels. The firm offers a comprehensive platform that includes revenue management tools, channel management, property management functionalities, and analytics, which collectively enhance operational efficiency. By acting as a hotel operating system, ZUZU Hospitality enables hoteliers to concentrate on their core business while optimizing their back-office operations for revenue generation. Through its innovative software and services, ZUZU Hospitality aims to drive revenue growth and serve as a vital partner for independent hotel operators.
Style Theory
Series A in 2017
Style Theory is a fashion rental subscription platform that offers economically sustainable fashion choices through its user-friendly app. Founded in 2016 by Chris Halim and Raena Lim, the platform allows members to rent unlimited designer clothing for a monthly fee, providing access to a vast selection of high-quality brands at affordable prices. The registration process is simple, requiring basic personal information, and the app retains user data such as body measurements to ensure that clothing recommendations are tailored to individual sizes. This innovative approach not only promotes sustainable fashion but also enhances the shopping experience by making it easier for customers to enjoy luxury fashion without the associated costs.
Sorabel
Series B in 2017
Sorabel is a rapidly growing startup focused on providing affordable, high-quality clothing through an online platform. It aims to challenge the traditional fashion industry, which often charges excessively high prices and caters primarily to the privileged. By minimizing overhead costs and reducing intermediary expenses, Sorabel offers a wide range of women's apparel and accessories at discounted prices, making fashion accessible to a broader audience, including the working class and underprivileged. The company's team comprises graduates from prestigious institutions and professionals with experience in top tech companies. Sorabel operates in multiple cities, including Jakarta, Tangerang, Yogyakarta, Bandung, Bali, and Singapore, emphasizing its commitment to leveraging data and technology in its business model.
UangTeman
Series A in 2017
UangTeman is an online lending service that specializes in providing instant short-term microcredit to consumers in Indonesia. Founded in 2014, it aims to offer a convenient alternative to traditional lending models by delivering online financing solutions accessible anytime and anywhere. The platform provides unsecured loans of up to 3.5 million Rupiah, with repayment terms of a maximum of 30 days. UangTeman operates in several key regions, including Greater Jakarta, Yogyakarta, Solo, Magelang, Klaten, Bandung, Surabaya, Semarang, Bali, Makassar, Palembang, Lampung, Jambi, and Balikpapan, making it a significant player in Indonesia's financial technology landscape.
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.