Alpha JWC Ventures

Alpha JWC Ventures is a venture capital firm founded in 2015, headquartered in Jakarta, Indonesia, with a presence in Singapore. The firm specializes in seed to Series B investments, focusing on a diverse range of sectors including technology, financial services, and consumer goods, primarily in Southeast Asia, particularly Indonesia and Vietnam. Alpha JWC Ventures emphasizes disruptive technologies and financial technologies, leveraging its deep expertise in these areas. The firm aims to create long-term value by partnering with institutional investors, strategic institutions, and family offices from Asia, the United States, and Europe. With a commitment to active portfolio management and social impact, Alpha JWC Ventures seeks to support entrepreneurs and businesses that align with its vision for sustainable growth and innovation in the region.

Erika Dianasari Go

Partner, Alpha-X

Felicia Grace

Investor

Dharmadi Gusanto

Investor

Kevin Halim

Investor

Teresa Chelsea Hartanto

Investor

Anthony Kwik

Investor

Pintaro Mulia

Principal

Patrick Giovanni Nangoi

Senior Investment Analyst

Brandon Setiawan

Investor

Melina Subastian

Principal, Investments

Terry Tse

Venture Partner

Gabriela Tudorina

Associate

92 past transactions

Una Brands

Series B in 2022
Una Brands provide a fast and fair way for e-commerce business owners to sell their companies.

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 focused on providing a comprehensive range of products for mothers and their children. The platform aims to simplify the decision-making process for parents by offering a variety of baby and mom-related items, including diapers, wipes, safety products, breastfeeding accessories, and bathing and grooming supplies. Additionally, Edamama features garden kits and travel accessories to cater to the diverse needs of families. To further enhance convenience, the company also offers a diaper subscription service, ensuring that parents can easily access essential childcare products from a single source.

Omni HR

Pre Seed Round in 2022
Omni HR helps companies automate their end-to-end employee journey including recruitment, onboarding, time off, employee management, and more.

Mangkokku

Series A in 2022
Mangkokku is a culinary startup that offers professional chef-level dishes in the form of rice bowls.

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.

Pitik

Series A in 2022
Pitik is a modern agri-tech startup of poultry supply enabling chicken farmers with high efficienct technology.

Unravel Carbon

Seed Round in 2022
Unravel Carbon is an enterprise software company that focuses on helping businesses in Asia track and reduce their carbon emissions. It offers an AI-driven decarbonization platform that assists companies in measuring, monitoring, and reporting their carbon footprints. The platform converts corporate data into detailed carbon metrics for entire supply chains and automates the creation of climate solutions and regulatory reports. This enables businesses to streamline their decarbonization efforts and enhance their sustainability performance.

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
We want to create new, fast, seamless consumer online purchase experiences. No more friction: 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 an Indonesia-based audio content startup.

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.

Hangry

Series A in 2022
Hangry is a multi-brand restaurant company focusing on serving great foods through food delivery channels. We own several food brands ranging from fried-chicken to coffee. We focus in designing foods that are very tasty, consistent, and affordable to the mass market. All our recipes have gone through tons of testing to make sure each bite is really delicious.

DELOS

Seed Round in 2022
Delos offers a full-stack farm management system that allows shrimp farmers to digitalize their operations.

Sayurbox

Series C in 2022
SayurBox, PT operates a platform that allows customers to buy pesticide-free vegetables through farm-to-table concept. Its platform allows users to choose organic, hydroponic, pesticide-free, and chemical-free produce in various categories, such as vegetables, fruits, grains, herbs and seasonings, protein food, and ready to consume; click-to-harvest on the produce and adjust quantity; and select delivery date. The company sources and delivers the produce directly from local farmers to customers in DKI Jakarta and South Tangerang areas. SayurBox, PT was founded in 2016 and is based in Jakarta Selatan, Indonesia.

Zenius

Series B in 2022
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

Next Gen Foods

Series A in 2022
Next Gen Foods is a food-tech startup that offers plant-based meats products. We use plants to create a delicious and satisfying meat experience that will make you forget animal meat even exists.

Pace

Series A in 2022
Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. The platform lets shoppers take charge of their spending without giving up on the things they need or deserve. It turns purchases into 3 interest-free installments that give shoppers the breathing space to buy now.

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
Operator of a job community platform intended to easily and safely connect productive workers with a variety of job opportunities. The company's platform provides a community-based recruitment and benefits system that provides information on job vacancies that match the background and interests of job seekers, enabling job seekers to have full access to various job opportunities quickly and securely.

Otoklix

Series A in 2021
Otoklix operates a platform that facilitates automotive aftermarket services in Indonesia, aiming to connect vehicle owners with independent workshops. Founded in 2019 and based in Jakarta Selatan, the company offers an online booking system that allows users to schedule services at nearby recommended workshops. Otoklix provides a user-friendly experience by ensuring standard and transparent pricing for services, along with warranties for transactions at partner workshops. Additionally, the platform helps independent car workshops improve visibility and efficiency through customer relationship management and supply chain solutions. By enhancing the vehicle maintenance experience, Otoklix addresses the challenges posed by the fragmented auto repair industry in Indonesia, allowing users to track their repair and maintenance history easily.

Una Brands

Series A in 2021
Una Brands provide a fast and fair way for e-commerce business owners to sell their companies.

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 an online wealth management platform based in Jakarta, Indonesia, that aims to democratize access to financial products for its users. Founded in 1990, Ajaib provides a smart investment application that allows Indonesians to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to help customers save and grow their money, offering investment opportunities with low minimum requirements and no account fees. By simplifying the investment process, Ajaib enables users to effectively invest in companies while minimizing risks.

Spenmo

Series A in 2021
Spenmo is an expense management platform that assists businesses in overseeing their spending. It provides tools for tracking company cards, automating invoice payments, and managing digital ledgers for transactions. The platform integrates various features such as internal spend management, corporate cards, automated bill payments, and approval workflows, allowing companies to streamline their accounting processes. By offering a comprehensive view of expenses, Spenmo enables organizations to decentralize spending, digitize operations, and significantly reduce the time dedicated to financial management tasks.

Noice

Seed Round in 2021
Noice is an Indonesia-based audio content startup.

GudangAda

Series B in 2021
GudangAda operates as a business-to-business marketplace that connects small retailers with wholesalers in the fast-moving consumer goods (FMCG) sector. The platform addresses the technological gap in the supply chain by allowing traders to engage in multiple transactions simultaneously, functioning as both sellers and buyers. This dual capability enables businesses to access products at lower prices while enhancing their market reach. By facilitating online transactions for both small and bulk orders, GudangAda aims to improve turnover rates and streamline the procurement process for its users, ultimately empowering them within the FMCG landscape.

Venti Technologies

Seed Round in 2021
Developer of autonomous logistics mobility technology designed to develop global supply chains and industrial hubs for future transportation and moving goods. The company offers logistical infrastructure such as port cranes, for complete automation to navigate complex environments and heavy traffic, with an unmatched ability to park accurate and reliable technology used to strengthen the supply chain by focusing on heavy logistics yards and hubs with unparalleled vehicle and operational efficiencies, enabling businesses to create new knowledge-based jobs and acerates the move towards zero carbon emissions.

OnlinePajak

Series C in 2021
OnlinePajak is a web-based platform designed to streamline corporate tax and administration processes. It offers an all-in-one application that allows businesses to manage their taxes efficiently through a user-friendly interface. The platform provides features for tax preparation, payment processing, and filing, all integrated into a single system. By simplifying these tasks, OnlinePajak aims to enhance tax collection and alleviate the administrative burdens associated with corporate taxation. This solution empowers businesses to meet their tax obligations while improving overall performance and productivity.

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 focusing on serving great foods through food delivery channels. We own several food brands ranging from fried-chicken to coffee. We focus in designing foods that are very tasty, consistent, and affordable to the mass market. All our recipes have gone through tons of testing to make sure each bite is really delicious.

Ajaib

Series A in 2021
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that aims to democratize access to financial products for its users. Founded in 1990, Ajaib provides a smart investment application that allows Indonesians to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to help customers save and grow their money, offering investment opportunities with low minimum requirements and no account fees. By simplifying the investment process, Ajaib enables users to effectively invest in companies while minimizing risks.

Raena

Series A in 2021
Raena R.U. PTE. LTD is an e-commerce platform based in Singapore, primarily focused on enabling social media influencers to launch their own beauty brands. Founded in 2018, the company specializes in product development, marketing, brand construction, sales, and distribution. In addition to supporting influencers, Raena also caters to Indonesian customers by offering a selection of beauty products sourced from Japan and Korea. The company was established by Sreejita Deb, who has a background in prestigious institutions such as Harvard Business School, Google, and Amazon.

SATURDAYS

Seed Round in 2021
Operator of a lifestyle brand intended to offer a wide selection of designer quality yet affordable eyewear, which is designed in-house to fit and look great. The company offers eye products that are designed and produced in-house without the involvement of expensive middlemen, enabling customers to own fashionable eyewear at low prices.

Credibook

Seed Round in 2021
Developer of a digital debt logbook application designed to assist Indonesian retail wholesalers in digitizing the financial side of their operations. The company's application features services for debt record management accounts payable and receivable transactions record, personal debt, and credit management, and multiple debt book management, enabling clients to record their customers' debt and remind them to pay when the due date has passed.

Pace

Seed Round in 2021
Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. The platform lets shoppers take charge of their spending without giving up on the things they need or deserve. It turns purchases into 3 interest-free installments that give shoppers the breathing space to buy now.

Ajaib

Series A in 2021
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that aims to democratize access to financial products for its users. Founded in 1990, Ajaib provides a smart investment application that allows Indonesians to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to help customers save and grow their money, offering investment opportunities with low minimum requirements and no account fees. By simplifying the investment process, Ajaib enables users to effectively invest in companies while minimizing risks.

Zenius

Series B in 2021
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

CoLearn

Seed Round in 2020
CoLearn is an edtech platform based in Jakarta, Indonesia, that empowers tuition centers and tutors to deliver online learning experiences for students. Founded in 2018, CoLearn offers a range of services, including live-streamed classes and homework and exam assistance. The platform features a practice tool that allows students to learn independently at their own pace, complete with hints and solutions for each problem. Additionally, CoLearn provides tutors with a real-time dashboard to better understand each student's strengths and weaknesses, enhancing the learning experience. The company's mission is to elevate education standards in Indonesia, preparing its youth to be globally competitive.

Mangkokku

Seed Round in 2020
Mangkokku is a culinary startup that offers professional chef-level dishes in the form of rice bowls.

PasarPolis

Series B in 2020
PT. PasarPolis Indonesia is a prominent Insuretech company based in Jakarta Selatan, established in 2015. It operates an online platform that allows users to compare and purchase a variety of insurance products, including vehicle, health, accident, life, property, and travel insurance. The company collaborates with insurers and brokers to provide tailored insurance solutions and facilitate insurance claim handling services. PasarPolis aims to make insurance more accessible to emerging consumers by leveraging advanced technology and strategic partnerships, including collaborations with notable Indonesian Unicorns like Go-Jek, Tokopedia, and Traveloka. By addressing diverse consumer needs within the tech ecosystem, PasarPolis is redefining the insurance landscape in Southeast Asia.

Bobobox

Series A in 2020
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It offers innovative accommodation services designed for travelers and millennial adventurers, allowing them to stay in a more efficient and comfortable manner. In addition to its core services, Bobobox also provides franchise opportunities, enabling others to join its expanding network. The company aims to create spaces where travelers can rest and recharge, catering to the needs of modern commuters and explorers.

Kopi Kenangan

Series B in 2020
Kopi Kenangan is a grab-and-go coffee chain that aims to meet the increasing demand for coffee beverages in Indonesia, a country with the lowest coffee consumption per capita in Southeast Asia, despite being the world's fourth-largest coffee exporter. The chain focuses on providing fresh coffee at affordable prices, featuring authentic coffee blends sourced from various regions of Indonesia. In addition to coffee, Kopi Kenangan incorporates organic palm sugar into its offerings, enhancing the flavor of its beverages. The company operates under an order-and-pickup and delivery model, allowing customers to conveniently access a diverse range of freshly prepared coffee and other drinks.

GudangAda

Series A in 2020
GudangAda operates as a business-to-business marketplace that connects small retailers with wholesalers in the fast-moving consumer goods (FMCG) sector. The platform addresses the technological gap in the supply chain by allowing traders to engage in multiple transactions simultaneously, functioning as both sellers and buyers. This dual capability enables businesses to access products at lower prices while enhancing their market reach. By facilitating online transactions for both small and bulk orders, GudangAda aims to improve turnover rates and streamline the procurement process for its users, ultimately empowering them within the FMCG landscape.

GudangAda

Seed Round in 2020
GudangAda operates as a business-to-business marketplace that connects small retailers with wholesalers in the fast-moving consumer goods (FMCG) sector. The platform addresses the technological gap in the supply chain by allowing traders to engage in multiple transactions simultaneously, functioning as both sellers and buyers. This dual capability enables businesses to access products at lower prices while enhancing their market reach. By facilitating online transactions for both small and bulk orders, GudangAda aims to improve turnover rates and streamline the procurement process for its users, ultimately empowering them within the FMCG landscape.

Hangry

Seed Round in 2020
Hangry is a multi-brand restaurant company focusing on serving great foods through food delivery channels. We own several food brands ranging from fried-chicken to coffee. We focus in designing foods that are very tasty, consistent, and affordable to the mass market. All our recipes have gone through tons of testing to make sure each bite is really delicious.

Evermos

Series A in 2019
Evermos is a social commerce startup based in Indonesia that connects resellers, brands, and consumers through its platform, which specializes in everyday Muslim products. Founded in November 2018, Evermos allows individuals to become resellers without the need for significant operating capital or complex e-commerce systems. By utilizing a reseller program, the platform incentivizes users to promote and sell halal products across various categories, including fashion, food, cosmetics, and home appliances, all in compliance with Sharia laws. Resellers can share these products via messaging applications or social media, earning a commission on each sale, which provides them with an opportunity to operate their own online businesses and generate additional income.

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.

Rata

Seed Round in 2019
Rata is a dental technology startup

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

Seed Round in 2019
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It offers innovative accommodation services designed for travelers and millennial adventurers, allowing them to stay in a more efficient and comfortable manner. In addition to its core services, Bobobox also provides franchise opportunities, enabling others to join its expanding network. The company aims to create spaces where travelers can rest and recharge, catering to the needs of modern commuters and explorers.

LOGIVAN

Venture Round in 2019
LOGIVAN Technologies JSC is a Vietnamese technology company that provides cargo transportation services across the Northern and Southern provinces of Vietnam. Established in 2017 and headquartered in Hanoi, LOGIVAN connects small and medium-sized shippers with a network of truck owners to streamline logistics. Its primary offerings include the LOGIVAN Truck Owner solution, which facilitates direct connections between truck owners and shipments, and the LOGIVAN Shipper solution, enabling businesses to locate and engage with transport partners efficiently. By digitizing the trucking industry, LOGIVAN aims to reduce logistics costs, enhance supply chain efficiency, and address the issue of empty returned trucks. The company seeks to improve the overall logistics landscape in Vietnam, where transportation costs are significantly higher compared to neighboring countries. Through its technology-driven approach, LOGIVAN aspires to optimize the capacity of logistics service providers and create a more effective transport environment.

Ajaib

Seed Round in 2019
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that aims to democratize access to financial products for its users. Founded in 1990, Ajaib provides a smart investment application that allows Indonesians to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds. The platform is designed to help customers save and grow their money, offering investment opportunities with low minimum requirements and no account fees. By simplifying the investment process, Ajaib enables users to effectively invest in companies while minimizing risks.

Alterra

Venture Round in 2018
Alterra is a technology company that provides services in bill payment aggregator, promotion platform, and distribution network. The company also offers online payment solutions for various products such as mobile top-up, electricity token, BPJS, and other utilities. Alterra goal is to digitize Indonesian society by serving multiple business lines in the digital distribution network and online industry. It was founded in 2015 and is based in Jakarta, Malang, and Jambi, Indonesia.

Target Media Nusantara

Series A in 2018
PT Target Media Nusantara specializes in indoor digital media advertising, providing services that include the installation of screens in various high-traffic locations such as lifts and lobbies of office buildings, apartments, and hotels. Founded in 2003 and headquartered in Jakarta Selatan, Indonesia, the company has established a solid client base that includes notable names like Lazada, Zalora, Bobobox, Carmudi, and Deltomed. As a member of the China Focus Media Group, which is recognized as the largest lifestyle connected media network in China, PT Target Media Nusantara is part of a broader expansion strategy that includes markets in Korea, Singapore, and Hong Kong. The company's focus is on creating effective screen-based marketing campaigns that enhance brand awareness and facilitate communication for its clients.

Nusantara Technology

Series A in 2018
Nusantara Technology is a technology and media group created by Indonesians for the younger generation. We believe 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. We are 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 streamline corporate tax and administration processes. It offers an all-in-one application that allows businesses to manage their taxes efficiently through a user-friendly interface. The platform provides features for tax preparation, payment processing, and filing, all integrated into a single system. By simplifying these tasks, OnlinePajak aims to enhance tax collection and alleviate the administrative burdens associated with corporate taxation. This solution empowers businesses to meet their tax obligations while improving overall performance and productivity.

Kopi Kenangan

Seed Round in 2018
Kopi Kenangan is a grab-and-go coffee chain that aims to meet the increasing demand for coffee beverages in Indonesia, a country with the lowest coffee consumption per capita in Southeast Asia, despite being the world's fourth-largest coffee exporter. The chain focuses on providing fresh coffee at affordable prices, featuring authentic coffee blends sourced from various regions of Indonesia. In addition to coffee, Kopi Kenangan incorporates organic palm sugar into its offerings, enhancing the flavor of its beverages. The company operates under an order-and-pickup and delivery model, allowing customers to conveniently access a diverse range of freshly prepared coffee and other drinks.

Super

Funding Round in 2018
Super is the first Indonesian consumer technology company backed by Y Combinator, which oversees the main feature, Superagen. Superagen is agent-led commerce group buying that enables community leaders to become retailers within their communities. We use technology to: 1) Empower community leaders to become self-made entrepreneurs by enabling them to sell various products to their communities 2) Build a logistics network with the lowest cost 3) Facilitate communication for social-buying behavior so our agents can sell various products through social networks like WhatsApp

ZUZU Hospitality

Series A in 2018
ZUZU Hospitality Solutions is a Singapore-based company that specializes in providing online revenue management and marketing services tailored for small independent hotels. The firm offers a comprehensive suite of software and service solutions designed to enhance revenue growth through effective distribution and revenue management strategies. By acting as a central operating system for hoteliers, ZUZU Hospitality streamlines back-office operations, enabling hotel owners to concentrate on improving guest experiences while maximizing their revenue potential.

Lemonilo

Venture Round in 2018
PT Lemonilo Indonesia Sehat operates an online platform that offers a wide range of natural and affordable products aimed at supporting a healthy lifestyle. Founded in 2016 and based in Jakarta Barat, Indonesia, the company retails food items such as snacks, vegetables, fruits, meats, seafood, baby food, and juices, all free from over 100 harmful synthetic ingredients. In addition to food products, Lemonilo provides personal care items, including face and body treatments, dental care products, and essential oils, as well as health and beauty supplements. The business collaborates with small and medium enterprises across Indonesia to create a diverse ecosystem that promotes well-being. Lemonilo's mission is to make healthy living accessible and affordable, helping individuals enhance their happiness and productivity through better dietary choices.

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 Group

Series B in 2018
FinAccel is a financial technology company creating disruptive and meaningful products in retail credit for Southeast Asia, the 7th largest economy in the world and home to nearly 10% of the world's population. With an all star team of investors, founders and employees, FinAccel is currently focused on disruption in the unsecured lending space.

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 that connects farmers with food, hotel, restaurant, and catering business people. It offers an e-commerce platform for agricultural products and empowers local farmers by providing market access and financial access. Through TaniHub, local farmers can sell their crops to individuals as well as micro, small, and medium enterprises (MSMEs) in various regions. Headquartered in Jakarta, Jakarta Raya, co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan founded it in 2015.

Funding Societies

Series B in 2018
Funding Societies Pte. Ltd. is a peer-to-peer financing platform based in Singapore, founded in 2015. It connects investors with small and medium-sized enterprises (SMEs) seeking funding, thereby addressing financial inclusion challenges and making credit-worthy SMEs more bankable. The platform offers a range of flexible financing options, including micro and term loans, as well as invoice financing, supported by advanced credit scoring and risk assessment models. Since its inception, Funding Societies has facilitated over 3.3 million business loans, amounting to more than S$1.8 billion in funding. The company has received multiple accolades, including the Global Excellence Award from ITU Telecom, and holds operating licenses from regulators in Singapore, Indonesia, and Malaysia, making it a pioneer in the region's peer-to-peer lending landscape.

DealStreetAsia

Venture Round in 2018
As of April 26, 2019, operates as a subsidiary of Nikkei Inc.

STOQO

Venture Round in 2017
STOQO Technology operates an online marketplace tailored for small restaurant and hotel owners in Indonesia, facilitating the bulk sourcing of raw materials at competitive prices directly from manufacturers. Founded in 2016 and based in Jakarta, the company offers a software-as-a-service (SaaS) platform that streamlines procurement processes for food and beverage businesses. Through its application, culinary enterprises can efficiently purchase and manage a wide range of supplies, including food ingredients, fresh produce, and cleaning products, all in one place. This innovative approach allows food industry players to access quality goods at wholesale prices, enabling them to concentrate on their customers and enhance their operational efficiency.

OnlinePajak

Series A in 2017
OnlinePajak is a web-based platform designed to streamline corporate tax and administration processes. It offers an all-in-one application that allows businesses to manage their taxes efficiently through a user-friendly interface. The platform provides features for tax preparation, payment processing, and filing, all integrated into a single system. By simplifying these tasks, OnlinePajak aims to enhance tax collection and alleviate the administrative burdens associated with corporate taxation. This solution empowers businesses to meet their tax obligations while improving overall performance and productivity.

ZUZU Hospitality

Seed Round in 2017
ZUZU Hospitality Solutions is a Singapore-based company that specializes in providing online revenue management and marketing services tailored for small independent hotels. The firm offers a comprehensive suite of software and service solutions designed to enhance revenue growth through effective distribution and revenue management strategies. By acting as a central operating system for hoteliers, ZUZU Hospitality streamlines back-office operations, enabling hotel owners to concentrate on improving guest experiences while maximizing their revenue potential.

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 rapid-growing startup who breathes data and technology in its core business. Sorabel gives access to affordable, high-quality clothes to everyone who needs it. You can't live without clothing and the fashion industry is crooked and elitist. They sell clothes for 5-10 times of its manufacturing price and offer bogus discounts at their whim. They cater only to the fortunately privileged and abandon the working class and the underprivileged. Sale Stock's team members hail from Stanford, Carnegie Mellon, Duke, Purdue, UCLA, NTU, NUS, Imperial College London and ANU Graduates with top company background such as NASA, Google, Palantir, Facebook, Apple, Amazon, Yahoo!, Sony, IBM, Microsoft, Citibank, McKinsey & Company and Accenture. Our offices are located in several different cities in Jakarta, Tangerang, Yogyakarta, Bandung, Bali, and Singapore.

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, the company offers unsecured loans of up to 3.5 million Rupiah, which can be borrowed for a maximum period of 30 days. UangTeman's platform is designed to deliver accessible online financing as an alternative to traditional lending models used by banks and other financial institutions. The service is available in various regions across Indonesia, including Greater Jakarta, Yogyakarta, Bandung, and Surabaya, among others. By focusing on quick and reliable loan access, UangTeman caters to the financial needs of individuals seeking immediate funding solutions.

Carro

Venture Round in 2017
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.

Spacemob

Seed Round in 2016
Spacemob Pte. Ltd. is a co-working space provider based in Singapore, established in 2016. The company focuses on creating an environment that supports individuals and businesses by offering a range of amenities, including high-speed internet, conference rooms, private phone booths, and gym facilities. Spacemob also facilitates networking opportunities through access to a member network and hosts weekly events, allowing businesses to connect and collaborate effectively. As of August 2017, Spacemob operates as a subsidiary of WeWork Management LLC, enhancing its capabilities in providing both physical and digital workspaces.

UangTeman

Seed Round in 2016
UangTeman is an online lending service that specializes in providing instant short-term microcredit to consumers in Indonesia. Founded in 2014, the company offers unsecured loans of up to 3.5 million Rupiah, which can be borrowed for a maximum period of 30 days. UangTeman's platform is designed to deliver accessible online financing as an alternative to traditional lending models used by banks and other financial institutions. The service is available in various regions across Indonesia, including Greater Jakarta, Yogyakarta, Bandung, and Surabaya, among others. By focusing on quick and reliable loan access, UangTeman caters to the financial needs of individuals seeking immediate funding solutions.

Jualo

Series A in 2016
PT Jualo operates an online platform that serves as an e-classifieds marketplace for second-hand goods in Indonesia. Founded in 2013 and headquartered in Jakarta, the platform connects both private and professional sellers with buyers of a variety of products, including vehicles, real estate, fashion, and electronics. Jualo emphasizes local transactions through its geo-search functionality, allowing users to buy, trade, or bid on items within a short geographical range. The platform also promotes user engagement by enabling bargaining and negotiation, as well as offering advertisement facilities. As of August 2019, Jualo is a subsidiary of Trusty Cars Pte Ltd and aims to address key industry challenges in the Indonesian marketplace.

Funding Societies

Series A in 2016
Funding Societies Pte. Ltd. is a peer-to-peer financing platform based in Singapore, founded in 2015. It connects investors with small and medium-sized enterprises (SMEs) seeking funding, thereby addressing financial inclusion challenges and making credit-worthy SMEs more bankable. The platform offers a range of flexible financing options, including micro and term loans, as well as invoice financing, supported by advanced credit scoring and risk assessment models. Since its inception, Funding Societies has facilitated over 3.3 million business loans, amounting to more than S$1.8 billion in funding. The company has received multiple accolades, including the Global Excellence Award from ITU Telecom, and holds operating licenses from regulators in Singapore, Indonesia, and Malaysia, making it a pioneer in the region's peer-to-peer lending landscape.

Carro

Series A in 2016
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.

Kredivo Group

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

Modalku

Venture Round in 2016
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.

AsmaraKu

Seed Round in 2016
AsmaraKu.com really understand your goals as suppliers (suppliers). As a pioneer of unique E-commerce market in Indonesia, They can provide a great opportunity for you to use the services of online sales and distribution facilities to reach Their customers the most appropriate for you.

Jualo

Series A in 2016
PT Jualo operates an online platform that serves as an e-classifieds marketplace for second-hand goods in Indonesia. Founded in 2013 and headquartered in Jakarta, the platform connects both private and professional sellers with buyers of a variety of products, including vehicles, real estate, fashion, and electronics. Jualo emphasizes local transactions through its geo-search functionality, allowing users to buy, trade, or bid on items within a short geographical range. The platform also promotes user engagement by enabling bargaining and negotiation, as well as offering advertisement facilities. As of August 2019, Jualo is a subsidiary of Trusty Cars Pte Ltd and aims to address key industry challenges in the Indonesian marketplace.

Dattabot

Venture Round in 2015
Dattabot, based in Jakarta, Indonesia, is a big data analytics company specializing in data integration technology. Formerly known as Mediatrac, the company has been operational since 2010 and utilizes advanced analytics and a comprehensive data library to unlock the hidden value within data. Dattabot manages a repository of geo-demographic and linguistic data, integrating information from various sources and formats. The company serves clients across multiple sectors, including fast-moving consumer goods, financial institutions, and government agencies, providing innovative solutions tailored to meet the specific needs of each industry.

Jualo

Seed Round in 2015
PT Jualo operates an online platform that serves as an e-classifieds marketplace for second-hand goods in Indonesia. Founded in 2013 and headquartered in Jakarta, the platform connects both private and professional sellers with buyers of a variety of products, including vehicles, real estate, fashion, and electronics. Jualo emphasizes local transactions through its geo-search functionality, allowing users to buy, trade, or bid on items within a short geographical range. The platform also promotes user engagement by enabling bargaining and negotiation, as well as offering advertisement facilities. As of August 2019, Jualo is a subsidiary of Trusty Cars Pte Ltd and aims to address key industry challenges in the Indonesian marketplace.
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