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

Chandra Tjan

Co-Founder and Managing Partner

Terry Tse

Venture Partner

Gabriela Tudorina

Associate

Past deals in Singapore

Una Brands

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

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.

True Platform

Seed Round in 2022
True Platform is a business-to-business software-as-a-service company that specializes in providing technology management solutions for global enterprises. Its platform is designed to enhance customer-based applications, allowing clients to create customer-centric environments that foster improved communication and collaboration. By focusing on the competitive aspects of enterprises, True Platform enables its customers to strengthen relationships, increase loyalty, and effectively drive business growth.

Unravel Carbon

Seed Round in 2022
Unravel Carbon 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.

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.

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.

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.

Una Brands

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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