Bumame is a healthcare service provider that offers a range of medical solutions designed to enhance health maintenance and disease prevention. The company specializes in comprehensive healthcare services, including medical check-ups, pharmacy services, and COVID-19 testing, such as swab tests and PCR. Bumame also provides advanced diagnostics, including Non-Invasive Prenatal Tests and next-generation sequencing, which support improved healthcare delivery. Its pharmacy, Bumame Apotek, offers a diverse selection of products, including medications, vitamins, supplements, and wellness items. By partnering with organizations like BGI Genomics and NGI, Bumame aims to drive health innovation, particularly in genomics, while contributing to public health efforts and the prevention of disease spread.
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 a company dedicated to enhancing the accessibility of advanced medical services in China through the development of innovative medical robotic devices. Its primary focus lies in creating a safe and efficient surgical robotics platform that empowers physicians to perform surgeries with greater accuracy and efficiency. By investing in research and development, Cornerstone Robotics aims to advance the field of surgical robotics, thereby improving patient outcomes and transforming surgical practices.
Omni HR
Venture Round in 2024
Omni HR is a technology company that specializes in automating the entire employee lifecycle for businesses. Its platform integrates various HR functions such as recruitment, onboarding, time-off management, and performance reviews, allowing companies to streamline their HR processes digitally.
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 the development of games, media, and platforms. It specializes in innovative gaming technology that aims to enhance the open metaverse and evolve non-fungible tokens (NFTs) through blockchain integration. The company’s platform is designed to engage players over extended periods by incorporating a diverse range of intrinsic and extrinsic motivations. It features randomly generated challenges, power-ups, and dynamic maps, all of which contribute to an immersive gaming experience. This approach not only entertains users but also allows them to grow their assets as they make advancements within the game.
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 Farms, located in Bogor, Indonesia, operates as a hydroponic farm that focuses on providing fresh and nutritious food through innovative cultivation methods. Utilizing vertical farming techniques, the company employs hydroponic systems that conserve water while producing a variety of greens and vegetables. By creating a sustainable supply chain with a low-carbon footprint, Beleaf Farms aims to deliver fresh produce directly to consumers, ensuring accessibility to healthy food options.
Venti Technologies
Series A in 2023
Venti Technologies is an autonomous vehicle developer focused on creating innovative logistics systems for the transportation of goods and people. Established in 2018 and operating out of Suzhou, China, and Weston, Massachusetts, the company employs a proprietary collection of technologies that includes specialized logistics algorithms developed through rigorous mathematical modeling and deep learning. Venti's solutions aim to enhance the efficiency and safety of transportation, particularly in complex environments such as logistics hubs and heavy traffic areas. By automating logistics infrastructure, Venti strengthens supply chains and promotes operational efficiencies, contributing to the creation of new knowledge-based jobs while advancing the transition to zero carbon emissions. The company is dedicated to providing the safest and fastest transportation solutions while fostering environmental sustainability.
Beleaf Farms
Seed Round in 2022
Beleaf Farms, located in Bogor, Indonesia, operates as a hydroponic farm that focuses on providing fresh and nutritious food through innovative cultivation methods. Utilizing vertical farming techniques, the company employs hydroponic systems that conserve water while producing a variety of greens and vegetables. By creating a sustainable supply chain with a low-carbon footprint, Beleaf Farms aims to deliver fresh produce directly to consumers, ensuring accessibility to healthy food options.
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 is a developer of a comprehensive restaurant management platform aimed at enhancing the operational efficiency of food and beverage businesses. The company provides technology solutions that integrate various processes within the restaurant ecosystem, including ordering, point of sale, and supply chain management. By streamlining these functions, ESB allows restaurateurs to concentrate on running their establishments while the platform addresses their technological requirements. This focus on integrating essential services helps to create a more efficient and effective environment for managing restaurant operations.
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 is a Philippine-based e-commerce platform tailored for mothers, focusing on simplifying the decision-making process for parents. The company offers a wide range of products for both babies and mothers, including garden kits, travel accessories, diapers and wipes, safety products, breastfeeding accessories, bathing and grooming items, and educational products. Additionally, Edamama provides a diaper subscription service, allowing parents to conveniently access all essential childcare products from a single source.
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 is a technology company that specializes in automating the entire employee lifecycle for businesses. Its platform integrates various HR functions such as recruitment, onboarding, time-off management, and performance reviews, allowing companies to streamline their HR processes digitally.
Mangkokku
Series A in 2022
Mangkokku is a culinary startup that specializes in providing chef-level dishes in the form of rice bowls, focusing on authentic Indonesian flavors. The company operates a food chain dedicated to offering Asian rice bowls made with local ingredients, aiming to promote Indonesian cuisine on a global scale. By delivering comfort food at affordable prices, Mangkokku enables consumers to enjoy high-quality meals that reflect the rich culinary heritage of Indonesia.
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. The company develops a platform focused on customer-based applications, which enables clients to create customer-centric systems. This approach allows enterprises to enhance their competitive edge, foster customer loyalty, improve communication, and optimize workflows with customers. True Platform aims to empower organizations to effectively manage their technology needs while prioritizing customer engagement and satisfaction.
Unravel Carbon
Seed Round in 2022
Unravel Carbon is a technology-driven company that provides a platform enabling enterprises to measure, monitor, reduce, and report their carbon emissions. By transforming corporate data into detailed carbon metrics across entire supply chains, the company supports organizations in their efforts to achieve sustainability. Unravel Carbon's AI-driven solutions automate the creation of climate strategies and regulatory reports, streamlining decarbonization processes for businesses. With a focus on integrating climate-conscious decisions into everyday practices, Unravel Carbon aims to foster a zero carbon economy and promote sustainability for future generations.
Pitik is an agri-tech startup that focuses on improving the operational efficiency of chicken farmers in Indonesia. The company develops a comprehensive farm management system that integrates Internet of Things (IoT) technology, advanced algorithms, and digital assistance to enhance the welfare of poultry farmers. By providing full-stack production support, Pitik enables farmers to optimize their processes, increase productivity, and maintain high-quality standards in chicken production. This innovative approach not only helps farmers sell their products at competitive prices but also aims to elevate the overall standards within the poultry industry.
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 offering premium groceries online. The company provides a convenient solution for customers seeking freshly produced and high-quality grocery items at reasonable prices. By facilitating transactions between buyers and sellers, BuiltaMart enables users to purchase perishable goods with ease, all from a single platform. This streamlined approach caters to the growing demand for online grocery shopping, making it easier for consumers to access quality products.
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 is a local audio platform based in Indonesia that offers a diverse range of audio content, including radio, music, podcasts, and audiobooks. Established in June 2018 as a part of the Mahaka Media Group, Noice operates radio stations primarily in Jakarta and Surabaya. The company's platform is designed to cater to listeners by providing access to various informational podcasts and radio shows, while also enabling content creators to produce and share their own audio experiences. Through its focus on audio content, Noice aims to enhance user engagement and facilitate learning and entertainment for its audience.
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 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 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 is a web-based platform founded in 2016 and headquartered in Bandung, Indonesia, that specializes in the distribution of fresh agricultural produce. The company connects consumers directly with farmers, enabling them to order fresh, chemical-free, and organic vegetables. This model ensures that customers receive healthy produce that is harvested and delivered on the same day, promoting a farm-to-table approach. By focusing on quality and freshness, Sayurbox aims to facilitate healthier living through accessible and sustainable food options.
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 is a fintech company that offers an online payment platform specializing in buy-now-pay-later services. This service enables users to shop confidently without incurring interest or hidden fees. By allowing customers to split their purchases into three interest-free installments, Pace provides a flexible way for shoppers to manage their spending while still accessing the items they need or desire. The platform's technology effectively matches users with suitable spending limits, enhancing their overall shopping experience.
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 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 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 is a comprehensive dental clinic that offers a wide range of treatments to address various oral health issues. The clinic's services include dental surgery, nerve treatment, aesthetic procedures, and primary care, ensuring that patients receive thorough and complete oral healthcare. By focusing on an extensive array of dental services, Satu Dental aims to meet the diverse needs of its patients, providing them with effective solutions for their dental problems.
BenihBaik
Venture Round in 2022
BenihBaik is a financial service providing firm offering fundraising and crowdfunding platform for small businesses.
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 challenges of a fragmented repair industry. The platform allows users to book automotive services online at nearby recommended workshops, ensuring transparency in pricing and service quality. Otoklix enhances the customer experience by providing a warranty for transactions at partner workshops and enabling users to track their vehicle's repair and maintenance history within the application. Additionally, Otoklix offers customer relationship management and supply chain management solutions to support independent workshops in improving their visibility and operational efficiency.
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 is a developer of a comprehensive restaurant management platform aimed at enhancing the operational efficiency of food and beverage businesses. The company provides technology solutions that integrate various processes within the restaurant ecosystem, including ordering, point of sale, and supply chain management. By streamlining these functions, ESB allows restaurateurs to concentrate on running their establishments while the platform addresses their technological requirements. This focus on integrating essential services helps to create a more efficient and effective environment for managing restaurant operations.
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 is a financial technology company based in Jakarta, Indonesia, that operates an online wealth management platform aimed at democratizing access to investment opportunities. Founded in 2019, Ajaib provides a user-friendly application that allows Indonesians to buy and sell a variety of financial instruments, including stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to be accessible to individuals from all walks of life, offering low minimum investment requirements and no account fees. Ajaib's mission is to facilitate safe, trusted, and affordable investment options, helping users save and grow their money with reduced risk.
VIDA is an IT company that develops customized digital platforms to enhance compliance and security services.
Noice is a local audio platform based in Indonesia that offers a diverse range of audio content, including radio, music, podcasts, and audiobooks. Established in June 2018 as a part of the Mahaka Media Group, Noice operates radio stations primarily in Jakarta and Surabaya. The company's platform is designed to cater to listeners by providing access to various informational podcasts and radio shows, while also enabling content creators to produce and share their own audio experiences. Through its focus on audio content, Noice aims to enhance user engagement and facilitate learning and entertainment for its audience.
GudangAda
Series B in 2021
GudangAda is a developer of a business-to-business (B2B) marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The company connects key stakeholders, including principals, distributors, wholesalers, and retailers, through an end-to-end digital solution. Its platform allows users to meet and conduct transactions online, supporting both small and bulk orders. By facilitating these transactions, GudangAda enables traders to operate as both sellers and buyers simultaneously, which enhances turnover, reduces costs, and expands customer reach. The company also offers logistics, merchant solutions, and financial services, contributing to the efficiency and effectiveness of the supply chain within the marketplace.
Venti Technologies
Seed Round in 2021
Venti Technologies is an autonomous vehicle developer focused on creating innovative logistics systems for the transportation of goods and people. Established in 2018 and operating out of Suzhou, China, and Weston, Massachusetts, the company employs a proprietary collection of technologies that includes specialized logistics algorithms developed through rigorous mathematical modeling and deep learning. Venti's solutions aim to enhance the efficiency and safety of transportation, particularly in complex environments such as logistics hubs and heavy traffic areas. By automating logistics infrastructure, Venti strengthens supply chains and promotes operational efficiencies, contributing to the creation of new knowledge-based jobs while advancing the transition to zero carbon emissions. The company is dedicated to providing the safest and fastest transportation solutions while fostering environmental sustainability.
OnlinePajak
Series C in 2021
OnlinePajak is a web-based platform designed to simplify corporate tax management and administration. The company offers an all-in-one application that enables businesses to prepare, pay, and file taxes online through a seamless and integrated system. By streamlining the tax process, OnlinePajak aims to enhance tax collection and alleviate the administrative burden associated with corporate taxes. The platform allows users to manage tax calculations, make payments, and report their tax obligations efficiently, ultimately improving business performance and productivity. Through its innovative approach, OnlinePajak addresses the complexities of tax compliance, making it easier for companies to meet their financial responsibilities.
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 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 is a financial technology company based in Jakarta, Indonesia, that operates an online wealth management platform aimed at democratizing access to investment opportunities. Founded in 2019, Ajaib provides a user-friendly application that allows Indonesians to buy and sell a variety of financial instruments, including stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to be accessible to individuals from all walks of life, offering low minimum investment requirements and no account fees. Ajaib's mission is to facilitate safe, trusted, and affordable investment options, helping users save and grow their money with reduced risk.
Raena is an Indonesian startup focused on empowering social media influencers to establish their own e-commerce brands within the beauty sector. Founded by Sreejita Deb, an alumna of Harvard Business School, Google, and Amazon, the company operates a web-based platform that caters to Indonesian consumers by offering a curated selection of beauty products sourced primarily from Japan and Korea. Raena's platform not only facilitates the sale of these products but also provides ready-made content and connects emerging beauty brands globally for drop shipping. This approach enables both beauty businesses and customers to easily access high-quality skincare and beauty products in a single, streamlined location.
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 digital solutions. It offers a digital debt logbook application that enables users to efficiently track accounts payable and receivable, personal debts, and credit management. The platform simplifies the financial process by allowing clients to record customer debts and send reminders for overdue payments. By digitizing the supply chain between wholesale and retail, Credibook enhances inventory sourcing efficiency and supports business owners in managing their operations effectively. The company aims to expand its reach across Indonesia and into various business sectors.
Pace is a fintech company that offers an online payment platform specializing in buy-now-pay-later services. This service enables users to shop confidently without incurring interest or hidden fees. By allowing customers to split their purchases into three interest-free installments, Pace provides a flexible way for shoppers to manage their spending while still accessing the items they need or desire. The platform's technology effectively matches users with suitable spending limits, enhancing their overall shopping experience.
Ajaib is a financial technology company based in Jakarta, Indonesia, that operates an online wealth management platform aimed at democratizing access to investment opportunities. Founded in 2019, Ajaib provides a user-friendly application that allows Indonesians to buy and sell a variety of financial instruments, including stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to be accessible to individuals from all walks of life, offering low minimum investment requirements and no account fees. Ajaib's mission is to facilitate safe, trusted, and affordable investment options, helping users save and grow their money with reduced risk.
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 providing chef-level dishes in the form of rice bowls, focusing on authentic Indonesian flavors. The company operates a food chain dedicated to offering Asian rice bowls made with local ingredients, aiming to promote Indonesian cuisine on a global scale. By delivering comfort food at affordable prices, Mangkokku enables consumers to enjoy high-quality meals that reflect the rich culinary heritage of Indonesia.
PasarPolis
Series B in 2020
PasarPolis is an insurtech startup founded by Cleosent Randing in 2015 and headquartered in Jakarta, Indonesia. The company operates an online insurance comparison platform that aims to make insurance accessible to emerging consumers. It offers a range of insurance products, including health, life, car, personal accident, property, and travel insurance. Through its online portal, PasarPolis provides customers with the ability to obtain quotes and access claims processing services, thereby facilitating the acquisition of affordable and inclusive 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 aimed at travelers and millennials seeking unique and efficient lodging experiences. Bobobox offers a range of options designed for both short-term visitors and commuters looking to recharge. In addition to its core services, the company also provides franchise opportunities, enabling expansion of its hospitality model across different markets.
Kopi Kenangan
Series B in 2020
Kopi Kenangan is a grab-and-go coffee chain based in Indonesia that aims to meet the growing demand for fresh coffee beverages in a country with low per capita coffee consumption, despite being one of the world's largest coffee exporters. The company focuses on providing authentic coffee blends sourced from various regions in Indonesia, complemented by organic palm sugar to enhance flavor. Its business model includes order-and-pickup and delivery options, allowing customers convenient access to a diverse range of freshly prepared coffee and other beverages at affordable prices. Through this approach, Kopi Kenangan seeks to cater to the evolving preferences of coffee consumers in the region.
GudangAda
Series A in 2020
GudangAda is a developer of a business-to-business (B2B) marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The company connects key stakeholders, including principals, distributors, wholesalers, and retailers, through an end-to-end digital solution. Its platform allows users to meet and conduct transactions online, supporting both small and bulk orders. By facilitating these transactions, GudangAda enables traders to operate as both sellers and buyers simultaneously, which enhances turnover, reduces costs, and expands customer reach. The company also offers logistics, merchant solutions, and financial services, contributing to the efficiency and effectiveness of the supply chain within the marketplace.
GudangAda
Seed Round in 2020
GudangAda is a developer of a business-to-business (B2B) marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The company connects key stakeholders, including principals, distributors, wholesalers, and retailers, through an end-to-end digital solution. Its platform allows users to meet and conduct transactions online, supporting both small and bulk orders. By facilitating these transactions, GudangAda enables traders to operate as both sellers and buyers simultaneously, which enhances turnover, reduces costs, and expands customer reach. The company also offers logistics, merchant solutions, and financial services, contributing to the efficiency and effectiveness of the supply chain within the marketplace.
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 is a social commerce startup based in Indonesia that connects resellers, brands, and consumers to facilitate the sale of everyday Muslim products. Founded in November 2018, the platform allows individuals to become resellers without the need for operating capital or a complex e-commerce setup. By leveraging a reseller program, Evermos incentivizes users to promote a diverse range of halal products, including fashion, food, cosmetics, and home appliances, primarily targeting consumers in lower-tier cities. The platform empowers resellers to generate additional income while supporting small brands in scaling their operations. Additionally, Evermos aims to create a positive social impact by helping individuals at the bottom of the economic pyramid achieve financial stability through entrepreneurship.
Style Theory
Series B in 2019
Style Theory is a fashion rental subscription platform that offers customers access to unlimited designer clothing through a user-friendly app. Founded in 2016 by Chris Halim and Raena Lim, the service promotes sustainable fashion choices by allowing members to rent a diverse range of high-quality apparel for a monthly fee. The straightforward account registration process requires minimal information, enabling users to quickly set up their profiles. The app efficiently stores data such as body measurements, allowing for personalized recommendations and fit assessments for each item. By providing an economical alternative to purchasing designer wear, Style Theory caters to fashion-conscious consumers seeking variety and affordability in their wardrobe choices.
Goola
Venture Round in 2019
Goola is a food and beverage startup dedicated to showcasing Indonesia's rich cultural diversity on a global scale. The company offers its products through various retail channels, including stores and distributors. Additionally, Goola is in the process of developing a mobile application to enhance consumer access to authentic Indonesian beverages and traditions.
Neurosensum
Series A in 2019
Neurosensum is a Jakarta Selatan, Indonesia-based company founded in 2017, specializing in the application of neuroscience and artificial intelligence to analyze consumer behavior. The company develops software applications that assess subconscious responses to various marketing stimuli, including advertisements and product packaging. Its flagship product, MYNDSIGHT, utilizes emotion recognition technology powered by machine learning algorithms to capture detailed emotional reactions to advertisements on a frame-by-frame basis. Neurosensum integrates various neuroscience tools, such as electroencephalograms (EEG), virtual reality, eye tracking, and facial coding, to provide comprehensive market research services. These services include product testing, concept testing, shopper studies, brand tracking, and pricing studies, enabling businesses to gain valuable insights into consumer behavior prior to product launches. In addition to its headquarters in Indonesia, Neurosensum has offices in London and Singapore.
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 aimed at travelers and millennials seeking unique and efficient lodging experiences. Bobobox offers a range of options designed for both short-term visitors and commuters looking to recharge. In addition to its core services, the company also provides franchise opportunities, enabling expansion of its hospitality model across different markets.
Logivan
Venture Round in 2019
LOGIVAN Technologies JSC is a Vietnamese technology company that specializes in cargo transportation services, connecting shippers with a network of small and medium-sized truckers across the Northern and Southern provinces of Vietnam. Established in 2017 and headquartered in Hanoi, LOGIVAN aims to digitize the trucking industry by offering technology solutions that facilitate direct connections between businesses and transport partners. Its LOGIVAN Truck Owner solution allows truck owners to secure shipments directly, while LOGIVAN Shipper provides businesses access to a reliable network of trucks. By addressing inefficiencies in the logistics sector, LOGIVAN seeks to reduce transportation costs, eliminate empty return trips, and enhance overall supply chain effectiveness, ultimately contributing to a more sustainable transportation ecosystem in Vietnam.
Ajaib is a financial technology company based in Jakarta, Indonesia, that operates an online wealth management platform aimed at democratizing access to investment opportunities. Founded in 2019, Ajaib provides a user-friendly application that allows Indonesians to buy and sell a variety of financial instruments, including stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to be accessible to individuals from all walks of life, offering low minimum investment requirements and no account fees. Ajaib's mission is to facilitate safe, trusted, and affordable investment options, helping users save and grow their money with reduced 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 is a Jakarta Selatan-based company specializing in indoor digital media advertising services. Established in 2003, it installs screens in various locations, including lifts and lobbies of office buildings, apartments, and hotels. The company operates as a media communication platform, offering clients effective channels for brand awareness and engagement. Its clientele includes notable names such as Lazada, Zalora, Bobobox, Carmudi, and Deltomed. As a member of the China Focus Media Group, the largest lifestyle connected media network in China, Target Media Nusantara is part of an expansive network that is also extending its reach to markets in Korea, Singapore, and Hong Kong. The company's focus on creating screen-based marketing campaigns enables its clients to connect with urban audiences at strategically selected locations.
Target Media Nusantara
Series A in 2018
PT Target Media Nusantara is a Jakarta Selatan-based company specializing in indoor digital media advertising services. Established in 2003, it installs screens in various locations, including lifts and lobbies of office buildings, apartments, and hotels. The company operates as a media communication platform, offering clients effective channels for brand awareness and engagement. Its clientele includes notable names such as Lazada, Zalora, Bobobox, Carmudi, and Deltomed. As a member of the China Focus Media Group, the largest lifestyle connected media network in China, Target Media Nusantara is part of an expansive network that is also extending its reach to markets in Korea, Singapore, and Hong Kong. The company's focus on creating screen-based marketing campaigns enables its clients to connect with urban audiences at strategically selected locations.
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 designed to simplify corporate tax management and administration. The company offers an all-in-one application that enables businesses to prepare, pay, and file taxes online through a seamless and integrated system. By streamlining the tax process, OnlinePajak aims to enhance tax collection and alleviate the administrative burden associated with corporate taxes. The platform allows users to manage tax calculations, make payments, and report their tax obligations efficiently, ultimately improving business performance and productivity. Through its innovative approach, OnlinePajak addresses the complexities of tax compliance, making it easier for companies to meet their financial responsibilities.
Kopi Kenangan
Seed Round in 2018
Kopi Kenangan is a grab-and-go coffee chain based in Indonesia that aims to meet the growing demand for fresh coffee beverages in a country with low per capita coffee consumption, despite being one of the world's largest coffee exporters. The company focuses on providing authentic coffee blends sourced from various regions in Indonesia, complemented by organic palm sugar to enhance flavor. Its business model includes order-and-pickup and delivery options, allowing customers convenient access to a diverse range of freshly prepared coffee and other beverages at affordable prices. Through this approach, Kopi Kenangan seeks to cater to the evolving preferences of coffee consumers in the region.
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, based in Singapore, specializes in providing comprehensive online revenue management and marketing services tailored for small hotels. The company offers a unified software and service platform that encompasses sales and marketing solutions, acting as the primary partner for hoteliers to drive revenue growth through efficient distribution and revenue management strategies. This enables hoteliers to focus on their core operations while ZUZU powers their back-office revenue generation business.
Lemonilo
Venture Round in 2018
PT Lemonilo Indonesia Sehat operates as a retail platform that focuses on promoting healthier lifestyle choices through a diverse range of natural and affordable products. Established in 2016 and based in Jakarta Barat, Indonesia, Lemonilo offers an extensive selection of food products, such as snacks, vegetables, fruits, meat, seafood, baby food, and juices, alongside personal care items like face treatments, body care, dental hygiene products, and essential oils. The company is dedicated to providing products free from over 100 harmful synthetic ingredients and collaborates with small and medium-sized enterprises across Indonesia. Lemonilo aims to support the Indonesian population in leading healthier and more productive lives by making healthy living accessible and affordable through both its online platform and physical retail stores.
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 aimed at travelers and millennials seeking unique and efficient lodging experiences. Bobobox offers a range of options designed for both short-term visitors and commuters looking to recharge. In addition to its core services, the company also provides franchise opportunities, enabling expansion of its hospitality model across different markets.
Neurosensum
Venture Round in 2018
Neurosensum is a Jakarta Selatan, Indonesia-based company founded in 2017, specializing in the application of neuroscience and artificial intelligence to analyze consumer behavior. The company develops software applications that assess subconscious responses to various marketing stimuli, including advertisements and product packaging. Its flagship product, MYNDSIGHT, utilizes emotion recognition technology powered by machine learning algorithms to capture detailed emotional reactions to advertisements on a frame-by-frame basis. Neurosensum integrates various neuroscience tools, such as electroencephalograms (EEG), virtual reality, eye tracking, and facial coding, to provide comprehensive market research services. These services include product testing, concept testing, shopper studies, brand tracking, and pricing studies, enabling businesses to gain valuable insights into consumer behavior prior to product launches. In addition to its headquarters in Indonesia, Neurosensum has offices in London and Singapore.
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 is an online marketplace based in Jakarta, Indonesia, designed to connect small businesses seeking loans with lenders looking to fund these loans. By leveraging technology, Modalku offers borrowers access to financing options that may not be available through traditional channels, often at lower interest rates. Lenders participating in the platform can achieve returns that surpass those typically found in bank deposits and traditional investment products. This marketplace lending model has been successfully implemented in various countries, including the USA, UK, China, and Singapore, demonstrating its effectiveness in supporting small business growth.
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 Jakarta-based B2B agriculture marketplace established in 2015 that connects local farmers with businesses in the food service industry, including hotels, restaurants, and catering services. The company provides an e-commerce platform for agricultural products, facilitating market access for farmers and enabling them to sell their crops to various customers, including micro, small, and medium enterprises (MSMEs). By empowering local farmers with enhanced market access and financial opportunities, TaniHub plays a significant role in promoting agricultural sustainability and economic growth in Indonesia.
Funding Societies
Series B in 2018
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.
RateX helps you pay less online. Locally and internationally.
Neurosensum
Seed Round in 2018
Neurosensum is a Jakarta Selatan, Indonesia-based company founded in 2017, specializing in the application of neuroscience and artificial intelligence to analyze consumer behavior. The company develops software applications that assess subconscious responses to various marketing stimuli, including advertisements and product packaging. Its flagship product, MYNDSIGHT, utilizes emotion recognition technology powered by machine learning algorithms to capture detailed emotional reactions to advertisements on a frame-by-frame basis. Neurosensum integrates various neuroscience tools, such as electroencephalograms (EEG), virtual reality, eye tracking, and facial coding, to provide comprehensive market research services. These services include product testing, concept testing, shopper studies, brand tracking, and pricing studies, enabling businesses to gain valuable insights into consumer behavior prior to product launches. In addition to its headquarters in Indonesia, Neurosensum has offices in London and Singapore.
DealStreetAsia
Venture Round in 2018
DealStreetAsia is a news and intelligence platform based in Singapore, founded in May 2014. It serves as a crucial resource for international and regional investors seeking insights into Asia's complex markets, covering a range of topics including investments, mergers, acquisitions, private equity, venture capital, and startup activities. The platform's website, launched in October 2014, provides timely and relevant information to users by leveraging a robust network of correspondents across key countries in the ASEAN region, such as Singapore, Indonesia, the Philippines, Myanmar, Thailand, Vietnam, Malaysia, and India. DealStreetAsia focuses on tracking the dynamic private business landscape, encompassing large, medium, and small enterprises, as well as innovative startups that are reshaping the region's economic landscape. The company was founded by Joji Thomas Philip, who emphasizes the transformative power of information in shaping Asia's future.
STOQO
Venture Round in 2017
STOQO Technology is an online marketplace based in Jakarta, Indonesia, established in 2016, designed specifically for small restaurant and hotel owners. The company offers a platform that allows culinary businesses to bulk source a wide range of raw materials directly from manufacturers and distributors at competitive wholesale prices. Its application streamlines back-end operations, enabling users to efficiently procure essential supplies, including food ingredients, beverages, and cleaning products, all in one place. By providing access to direct factory pricing, STOQO aims to help food industry players optimize their purchasing processes and focus more on customer engagement.
OnlinePajak
Series A in 2017
OnlinePajak is a web-based platform designed to simplify corporate tax management and administration. The company offers an all-in-one application that enables businesses to prepare, pay, and file taxes online through a seamless and integrated system. By streamlining the tax process, OnlinePajak aims to enhance tax collection and alleviate the administrative burden associated with corporate taxes. The platform allows users to manage tax calculations, make payments, and report their tax obligations efficiently, ultimately improving business performance and productivity. Through its innovative approach, OnlinePajak addresses the complexities of tax compliance, making it easier for companies to meet their financial responsibilities.
ZUZU Hospitality
Seed Round in 2017
ZUZU Hospitality Solutions, based in Singapore, specializes in providing comprehensive online revenue management and marketing services tailored for small hotels. The company offers a unified software and service platform that encompasses sales and marketing solutions, acting as the primary partner for hoteliers to drive revenue growth through efficient distribution and revenue management strategies. This enables hoteliers to focus on their core operations while ZUZU powers their back-office revenue generation business.
Style Theory
Series A in 2017
Style Theory is a fashion rental subscription platform that offers customers access to unlimited designer clothing through a user-friendly app. Founded in 2016 by Chris Halim and Raena Lim, the service promotes sustainable fashion choices by allowing members to rent a diverse range of high-quality apparel for a monthly fee. The straightforward account registration process requires minimal information, enabling users to quickly set up their profiles. The app efficiently stores data such as body measurements, allowing for personalized recommendations and fit assessments for each item. By providing an economical alternative to purchasing designer wear, Style Theory caters to fashion-conscious consumers seeking variety and affordability in their wardrobe choices.
Sorabel is a rapidly growing startup that operates an online shopping platform focused on providing affordable, high-quality women's clothing and accessories. By leveraging data and technology, Sorabel minimizes overhead costs and eliminates intermediaries, allowing customers to purchase apparel at discounted prices. The company aims to challenge the traditional fashion industry, which often prioritizes profit over accessibility, by ensuring that everyone, including the working class and underprivileged, has access to essential clothing. Sorabel's team comprises graduates from prestigious institutions and experienced professionals from leading companies, contributing to its innovative approach. The company has offices in various cities, including Jakarta, Tangerang, Yogyakarta, Bandung, Bali, and Singapore, further establishing its presence in the Southeast Asian market.
UangTeman
Series A in 2017
UangTeman is an online lending service established in 2014 that specializes in providing instant short-term microcredit to consumers in Indonesia. The company offers unsecured loans of up to 3.5 million Rupiah, with repayment terms spanning a maximum of 30 days. UangTeman aims to serve as a convenient alternative to traditional lending models used by banks and finance companies, allowing consumers to access financing easily and reliably. The service is available in several regions across Indonesia, including Greater Jakarta, Yogyakarta, Solo, Magelang, Klaten, Bandung, Surabaya, Semarang, Bali, Makassar, Palembang, Lampung, Jambi, and Balikpapan.