BEENEXT 1

BEENEXT Capital Management is a venture capital firm established in 2015 and based in Singapore. It focuses on early-stage investments in technology startups, particularly in the information technology, SaaS, and fintech sectors. The firm primarily targets seed and Series A funding rounds and aims to support founders by leveraging its operational experience, extensive network, and unique insights. BEENEXT seeks to create a global platform for founders, emphasizing collaboration among entrepreneurs, particularly in South East Asia, India, and Japan. Since its inception, the firm has invested in over 180 companies worldwide, reflecting its commitment to fostering innovation and growth in the digital landscape.

Hero Choudary

Managing Partner

Hero Choudhary

Partner

Anirudh Garg

Partner

Nao Ito

Operating Partner

Yusuke Kono

Investor

Hironori Maeda

Managing Partner

Hiro Maeda

Managing Partner

Danella Rachel Muljono

Associate

Ricky Nguyen

Director, Operations and Finance

Chinh Nguyen

Investor

Yukano Nishijima

Investment Manager

Dirk van Quaquebeke

Managing Partner

Faiz Rahman

Partner

Teruhide Sato

Founder and CEO

Chinmaya Saxena

Partner, Community Strategy

Esther Yi

Investor

Past deals in Enterprise Software

Procol

Series A in 2022
Procol Tech Private Limited, founded in 2018 and headquartered in New Delhi, India, specializes in developing a digital procurement platform tailored for the commodity industry. The company's software facilitates the procurement of goods through live auctions, enhancing the efficiency of supply chain management by allowing companies to track orders and streamline payments to suppliers. Procol also offers valuable market rates and commodity insights, aiming to reduce the time spent on procurement processes—typically dominated by cold calls and email follow-ups—by making transactions more transparent and traceable. This comprehensive platform is designed to foster seamless communication between buyers and sellers, ultimately driving cost savings and improved business relationships in a market characterized by significant offline spending. Backed by prominent investors, Procol is positioned to transform the procurement landscape through its innovative solutions.

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.

Mekari

Series E in 2022
Mekari is a SaaS company based in Indonesia. Products include Talenta, Sleekr, Jurnal, and KlikPajak.

Fleetx

Series B in 2022
Fleetx is an intelligent fleet management platform that leverages artificial intelligence, machine learning, sensors, and predictive analytics to enhance the efficiency and safety of fleet operations. The platform provides real-time insights, enabling fleet owners to make informed decisions that improve productivity and optimize vehicle utilization. By offering tools for monitoring fleet health and performance from a centralized, cloud-based system, Fleetx aims to reduce fuel and operational costs while maximizing profit. Its flexible and cost-effective solutions are designed to help fleet owners manage their resources more effectively and drive better outcomes in their operations.

Rimm

Seed Round in 2022
RIMM Sustainability provides a SaaS platform that enables companies of all sizes to optimise their sustainability management effort. It builds tools for sustainability management, reporting and optimisation.

IndiaFilings

Secondary Market in 2022
Developer of a cloud-based business services platform intended to help and educate entrepreneurs and small business owners. The company's platform provides a suite of services like incorporation, trademark, tax filings, compliance, payroll management and other business services, enabling clients to effectively compete in markets following regulatory compliance.

Lecto

Seed Round in 2021
Developer of financial software designed to support operation design, debt collection, and debt management operations. The company's platform digitally manages debt management and collection functions that have been performed in analog and disjointed manners and optimizes the collection contents according to customer attributes and characteristics, enabling operators to make decisions and improve cost efficiency and profitability.

Kaminashi

Series A in 2021
Developer of workplace digitization software designed to keep a track of on-site work records. The company's software digitizes the work that was done on paper and excel, such as digitizing handwritten information, tabulating it and reporting, making the working styles of non-desk workers at all sites, such as manufacturing, retail, eating, drinking and logistics, smarter, enabling organizations to automate on-site routine work and clerical work.

Skuad

Seed Round in 2020
Skuad is an HR Platform that automates payroll management, local compliance, and taxation of their employees.

PartnerSuccess

Seed Round in 2020
PartnerSuccess, Inc. operates as a cloud service that automates the collaboration between manufacturers and distributors. The company was founded in 2019 and is based in Tokyo, Japan.

Fleetx

Series B in 2020
Fleetx is an intelligent fleet management platform that leverages artificial intelligence, machine learning, sensors, and predictive analytics to enhance the efficiency and safety of fleet operations. The platform provides real-time insights, enabling fleet owners to make informed decisions that improve productivity and optimize vehicle utilization. By offering tools for monitoring fleet health and performance from a centralized, cloud-based system, Fleetx aims to reduce fuel and operational costs while maximizing profit. Its flexible and cost-effective solutions are designed to help fleet owners manage their resources more effectively and drive better outcomes in their operations.

Logiless

Venture Round in 2020
LOGILESS inc. offers logistics warehouse services. The company develops Logiless, an application which provides warehouse management system ( WMS ), a cloud-type system that uses logistics to judge the shipping source from multiple warehouses and provide instruction. The company is based in Tokyo, Japan.

Procol

Seed Round in 2020
Procol Tech Private Limited, founded in 2018 and headquartered in New Delhi, India, specializes in developing a digital procurement platform tailored for the commodity industry. The company's software facilitates the procurement of goods through live auctions, enhancing the efficiency of supply chain management by allowing companies to track orders and streamline payments to suppliers. Procol also offers valuable market rates and commodity insights, aiming to reduce the time spent on procurement processes—typically dominated by cold calls and email follow-ups—by making transactions more transparent and traceable. This comprehensive platform is designed to foster seamless communication between buyers and sellers, ultimately driving cost savings and improved business relationships in a market characterized by significant offline spending. Backed by prominent investors, Procol is positioned to transform the procurement landscape through its innovative solutions.

Loglass

Seed Round in 2020
Loglass Inc. develops a cloud solution that enables all departments to work together and realize high-performance business management. Its solution aggregates information distributed in various excels and spreadsheets using a workflow system specialized for business management and provides information while controlling viewing authority for all employees. The company's solution also offers support for financial accounting software, sales management software, and expense settlement software. Loglass Inc. was founded in 2019 and is based in Tokyo, Japan.

Fleetx

Series A in 2020
Fleetx is an intelligent fleet management platform that leverages artificial intelligence, machine learning, sensors, and predictive analytics to enhance the efficiency and safety of fleet operations. The platform provides real-time insights, enabling fleet owners to make informed decisions that improve productivity and optimize vehicle utilization. By offering tools for monitoring fleet health and performance from a centralized, cloud-based system, Fleetx aims to reduce fuel and operational costs while maximizing profit. Its flexible and cost-effective solutions are designed to help fleet owners manage their resources more effectively and drive better outcomes in their operations.

Sprout Solutions

Series A in 2019
Sprout Solutions is a payroll and HR software provider that focuses on emerging markets, particularly in the Philippines, Singapore, and Indonesia. The company offers a comprehensive platform that automates various administrative tasks related to HR and payroll, replacing traditional methods such as spreadsheets and printed forms. Its services include a fully automated timekeeping and attendance system utilizing biometrics, single-click payroll processing, and prescriptive analytics. Additionally, Sprout provides a cloud-based human resource information system that consolidates recruitment operations, helping businesses streamline their HR functions and effectively address payroll, human resource, and recruitment challenges. Through its suite of backend services, Sprout Solutions aims to support companies in their growth and operational efficiency.

A1A

Series A in 2019
A1A, Inc. is a startup founded in 2018 and based in Tokyo, Japan, specializing in cloud-based solutions for the manufacturing sector. The company has developed RFQ Cloud, a platform designed to enhance the purchasing and procurement processes within manufacturing organizations. This system facilitates the request for quotations from suppliers, the receipt and evaluation of those quotations, and the selection of suppliers. By centralizing procurement data and streamlining quote assessments, A1A aims to improve operational efficiency and enable manufacturers to achieve optimal purchasing at competitive prices.

SmartHR

Series C in 2019
SmartHR, Inc. is a Tokyo-based company that specializes in cloud-based human resources software designed to automate social insurance and employment insurance procedures. Founded in 2013, SmartHR has transformed HR activities for Japanese companies by providing a user-friendly online solution that replaces traditional spreadsheets and paperwork. The software streamlines the onboarding and offboarding processes, significantly reducing the time required to complete HR tasks such as employment contracts from one month to just 1-2 days. Initially focusing on startups and small businesses, SmartHR has expanded its services to accommodate larger enterprise customers, delivering substantial efficiency gains and cost savings across various industries, including high-tech and retail.

A1A

Seed Round in 2019
A1A, Inc. is a startup founded in 2018 and based in Tokyo, Japan, specializing in cloud-based solutions for the manufacturing sector. The company has developed RFQ Cloud, a platform designed to enhance the purchasing and procurement processes within manufacturing organizations. This system facilitates the request for quotations from suppliers, the receipt and evaluation of those quotations, and the selection of suppliers. By centralizing procurement data and streamlining quote assessments, A1A aims to improve operational efficiency and enable manufacturers to achieve optimal purchasing at competitive prices.

Mekari

Series B in 2018
Mekari is a SaaS company based in Indonesia. Products include Talenta, Sleekr, Jurnal, and KlikPajak.

Stellapps

Series B in 2018
Stellapps Technologies Private Limited is an Internet of Things (IoT) company based in Bengaluru, India, focused on enhancing the dairy supply chain. Founded in 2011, Stellapps develops a range of innovative software applications designed to optimize dairy management. Key products include SmartMoo, an automated cow-milking application aimed at reducing waste, and MooOn, a wearable device for monitoring cattle health and herd management. The company also offers smartAMCU, an automatic milk collection unit controlled via an Android IoT device, and smartCC, a cloud-based solution for managing milk chilling centers. Stellapps provides consultancy services in fodder planning, milk collection, distribution, and marketing, utilizing advanced technologies such as big data, cloud computing, and data analytics. By leveraging these technologies, Stellapps aims to improve operational efficiency and profitability for dairy farmers and cooperatives.

Kaminashi

Seed Round in 2018
Developer of workplace digitization software designed to keep a track of on-site work records. The company's software digitizes the work that was done on paper and excel, such as digitizing handwritten information, tabulating it and reporting, making the working styles of non-desk workers at all sites, such as manufacturing, retail, eating, drinking and logistics, smarter, enabling organizations to automate on-site routine work and clerical work.

Ulysses

Seed Round in 2018
Ulysses Co., Ltd. is a Tokyo-based company founded in 2016 that specializes in developing software-as-a-service applications for food factory management. Its primary product, Kaminashi, is designed to digitize handwritten records and streamline the management of site data within food manufacturing environments. By focusing on the specific needs of food factories, Ulysses aims to enhance operational efficiency and data accuracy in the food production industry.

Sprout Solutions

Seed Round in 2018
Sprout Solutions is a payroll and HR software provider that focuses on emerging markets, particularly in the Philippines, Singapore, and Indonesia. The company offers a comprehensive platform that automates various administrative tasks related to HR and payroll, replacing traditional methods such as spreadsheets and printed forms. Its services include a fully automated timekeeping and attendance system utilizing biometrics, single-click payroll processing, and prescriptive analytics. Additionally, Sprout provides a cloud-based human resource information system that consolidates recruitment operations, helping businesses streamline their HR functions and effectively address payroll, human resource, and recruitment challenges. Through its suite of backend services, Sprout Solutions aims to support companies in their growth and operational efficiency.

Ulysses

Seed Round in 2017
Ulysses Co., Ltd. is a Tokyo-based company founded in 2016 that specializes in developing software-as-a-service applications for food factory management. Its primary product, Kaminashi, is designed to digitize handwritten records and streamline the management of site data within food manufacturing environments. By focusing on the specific needs of food factories, Ulysses aims to enhance operational efficiency and data accuracy in the food production industry.

SmartHR

Series A in 2016
SmartHR, Inc. is a Tokyo-based company that specializes in cloud-based human resources software designed to automate social insurance and employment insurance procedures. Founded in 2013, SmartHR has transformed HR activities for Japanese companies by providing a user-friendly online solution that replaces traditional spreadsheets and paperwork. The software streamlines the onboarding and offboarding processes, significantly reducing the time required to complete HR tasks such as employment contracts from one month to just 1-2 days. Initially focusing on startups and small businesses, SmartHR has expanded its services to accommodate larger enterprise customers, delivering substantial efficiency gains and cost savings across various industries, including high-tech and retail.

Betaout

Seed Round in 2016
Betaout Technologies Private Limited provides ecommerce marketing software for eCommerce companies. Its Betaout platform gives users a single repository of various activities, events, intent, purchase, browsing history, social footprint, and more updated in real time. The company’s platform also helps users in customer segments, email marketing, product catalog, on-site marketing, mobile push, cart recovery, and insights. The company was incorporated in 2012 and is based in Noida, India. As of October 24, 2018, Betaout Technologies Private Limited operates as a subsidiary of Bluecore, Inc..

SmartHR

Seed Round in 2016
SmartHR, Inc. is a Tokyo-based company that specializes in cloud-based human resources software designed to automate social insurance and employment insurance procedures. Founded in 2013, SmartHR has transformed HR activities for Japanese companies by providing a user-friendly online solution that replaces traditional spreadsheets and paperwork. The software streamlines the onboarding and offboarding processes, significantly reducing the time required to complete HR tasks such as employment contracts from one month to just 1-2 days. Initially focusing on startups and small businesses, SmartHR has expanded its services to accommodate larger enterprise customers, delivering substantial efficiency gains and cost savings across various industries, including high-tech and retail.
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