SeedPlus

SeedPlus is an early-stage investment fund established in 2015 and headquartered in Singapore. The firm focuses on making seed investments in sectors such as software-as-a-service, financial technology, e-commerce, and online marketplaces, particularly in India and Southeast Asia. With a target of making approximately six investments annually, SeedPlus aims to support around 20 early-stage companies, primarily within the technology sector. The typical investment size ranges from SG$500,000 to SG$1 million. SeedPlus was founded by Jungle Ventures, a prominent venture capital firm in the region.

Michael Smith Jr

Operating Partner

27 past transactions

Qoala

Series B in 2022
Qoala is an insurtech company based in Jakarta Selatan, Indonesia, founded in 2018. The company provides online insurance services for various needs, including coverage for flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance landscape in Indonesia. It collaborates with major e-commerce and travel platforms to improve customer experience through its innovative insurance products.

Homage

Series C in 2021
Homage Co Pte. Ltd. is a Singapore-based company that specializes in providing home eldercare services. Founded in 2016, the company offers a range of services including respite care, home nursing, and specialized care for serious illnesses such as cancer, diabetes, and Alzheimer's. Homage's technology platform connects seniors with qualified care professionals through a proprietary matching engine, ensuring that care is tailored to individual needs. Family members can manage and monitor care visits via the Homage family app, which provides real-time updates on caregivers' activities and communication. The platform also enables prompt service delivery, with caregivers available to visit within two hours. By optimizing caregiving through factors like illness and geography, Homage aims to enhance the quality of care and support seniors in maintaining their independence at home.

Qoala

Series A in 2020
Qoala is an insurtech company based in Jakarta Selatan, Indonesia, founded in 2018. The company provides online insurance services for various needs, including coverage for flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance landscape in Indonesia. It collaborates with major e-commerce and travel platforms to improve customer experience through its innovative insurance products.

EngageRocket

Series A in 2020
EngageRocket Pte. Ltd. is a Singapore-based technology company founded in 2016 that specializes in cloud-based software aimed at enhancing human resource decision-making through real-time data analysis. Its platform offers a range of features including employee lifecycle surveys, peer feedback evaluations, and customizable analytics tools. EngageRocket automates the collection and analysis of employee feedback, providing organizations with actionable insights to improve employee experience and performance. The software enables employers to conduct unlimited surveys, utilize validated questions, and generate heat map analyses, all of which contribute to informed decision-making during cultural shifts, organizational transformations, and other significant events. By leveraging artificial intelligence and automation, EngageRocket supports companies in enhancing talent retention and productivity.

Neuron Mobility

Series A in 2019
Neuron Mobility Pte. Ltd. provides electric scooters and bicycles rental services around Singapore. The company was incorporated in 2016 and is based in Singapore.

Logisly

Seed Round in 2019
Logisly operates a B2B digital logistics platform designed to enhance logistics efficiency through technology. The platform supports shippers by offering verified truck services, including various vehicle types such as flatbeds, trailers, and reefers, along with real-time tracking and digital receipts. This service allows trucking companies to optimize resources by utilizing idle or vacant trucks, while also facilitating quick payment processes. Logisly emphasizes the importance of connectivity between the offline and online worlds in the supply chain, leveraging technology not only to automate processes and reduce costs but also to provide valuable data-driven insights for decision-making and operational improvements.

HOMI SmartHome

Seed Round in 2019
Homi SmartHome is consumer IoT Services company. HOMI is a leading provider of smart home services in Hong Kong and Asia. HOMI provides an integrated smart home system with in-home consultation, professional installation and 24/7 support. Homi provides a full suite of smart home devices for the Asian household (i.e. hub, light switches, aircon module), Single App for all your smart home devices, Dedicated device to control home and access on-demand services, Smart home services like consultation, installation, and in-home support Homi has raised a US$1.3M seed round, led by Singapore-based investors SeedPlus, AngelCentral, and Xoogler Angels.

WegoPro

Seed Round in 2019
Travelstop is a revolutionary platform aimed at modernizing and simplifying business travel. The company makes it easy to manage business trips, automate expense reporting, and provide meaningful insights to business owners. Founded in 2018, Travelstop is headquartered in Singapore.

Lapasar.com

Seed Round in 2019
Lapasar.com is a B2B marketplace, giving corporate buyers access to suppliers across Malaysia - via the marketplace & via RFQ tools. To adhere to and strengthen corporate governance, the marketplace comes with integrated procurement tools in the backend.

Qoala

Seed Round in 2019
Qoala is an insurtech company based in Jakarta Selatan, Indonesia, founded in 2018. The company provides online insurance services for various needs, including coverage for flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance landscape in Indonesia. It collaborates with major e-commerce and travel platforms to improve customer experience through its innovative insurance products.

Rukita

Pre Seed Round in 2019
PT Rukita specializes in real estate renting and management services, focusing on co-living arrangements in urban areas. Founded in 2019 and headquartered in Jakarta, Indonesia, Rukita aims to enhance the living experience for professionals and students by transforming underutilized real estate into fully serviced accommodations. The company offers various services, including apartment rentals, shared room options, and housekeeping, catering to the needs of urban dwellers in Asia's emerging economies. By partnering with property owners, Rukita not only provides comfortable living spaces but also helps owners optimize their assets for financial gain.

BlockPunk

Seed Round in 2019
BlockPunk is an entertainment startup that uses blockchain to give creators more control over their digital rights. BlockPunk enables any creator to easily sell digital merchandise. We use Blockchain so creators and fans can claim true digital ownership. We launched the world’s first sale of anime crypto goods and have partnerships with leading producers from Japan. BlockPunk is leading the decentralization of the film/tv industry with anime as its beachhead.

PORTER

Venture Round in 2019
Porter is a tech-enabled logistics company that provides a cost-effective solution for growing and thriving businesses. We help businesses make sense of the complexity of logistics processes, giving them tremendous competitive advantage in today’s market that demand for efficiency and speed. Since 2015, Porter’s end-to-end logistics solution has been helping thousands of businesses of all sizes in greater Jakarta area and beyond. We take away the hassles of managing their own supply chain operations, ensuring productivity and profitability along the way. Our services include warehousing, fulfillment, and delivery services that cover over 70 cities and 300 districts in Indonesia. Our smart logistics dashboard provides businesses the comprehensive visibility they need to coordinate all the supply chain related activities in the most effective way, from monitoring stocks to scheduling deliveries to managing returns. Businesses also get real-time insights on daily operations via the dashboard, making it easier for managers to take relevant decision to increase efficiency.

Neuron Mobility

Seed Round in 2018
Neuron Mobility Pte. Ltd. provides electric scooters and bicycles rental services around Singapore. The company was incorporated in 2016 and is based in Singapore.

EngageRocket

Seed Round in 2018
EngageRocket Pte. Ltd. is a Singapore-based technology company founded in 2016 that specializes in cloud-based software aimed at enhancing human resource decision-making through real-time data analysis. Its platform offers a range of features including employee lifecycle surveys, peer feedback evaluations, and customizable analytics tools. EngageRocket automates the collection and analysis of employee feedback, providing organizations with actionable insights to improve employee experience and performance. The software enables employers to conduct unlimited surveys, utilize validated questions, and generate heat map analyses, all of which contribute to informed decision-making during cultural shifts, organizational transformations, and other significant events. By leveraging artificial intelligence and automation, EngageRocket supports companies in enhancing talent retention and productivity.

WegoPro

Seed Round in 2018
Travelstop is a revolutionary platform aimed at modernizing and simplifying business travel. The company makes it easy to manage business trips, automate expense reporting, and provide meaningful insights to business owners. Founded in 2018, Travelstop is headquartered in Singapore.

Homage

Series A in 2018
Homage Co Pte. Ltd. is a Singapore-based company that specializes in providing home eldercare services. Founded in 2016, the company offers a range of services including respite care, home nursing, and specialized care for serious illnesses such as cancer, diabetes, and Alzheimer's. Homage's technology platform connects seniors with qualified care professionals through a proprietary matching engine, ensuring that care is tailored to individual needs. Family members can manage and monitor care visits via the Homage family app, which provides real-time updates on caregivers' activities and communication. The platform also enables prompt service delivery, with caregivers available to visit within two hours. By optimizing caregiving through factors like illness and geography, Homage aims to enhance the quality of care and support seniors in maintaining their independence at home.

Zenprivex (ZPX)

Seed Round in 2018
ZPX, a startup that is building a decentralised cryptocurrency exchange in Singapore .Zenprivex (ZPX is a Singapore-headquartered investor and builder of blockchain asset .

CardUp

Seed Round in 2018
CardUp Pte Ltd. is an online card payment platform based in Singapore that facilitates cash management by allowing payments typically made through bank transfers to be shifted to credit cards, even when the recipients do not accept card payments. Founded in 2015, CardUp offers personal services for various expenses, including rent, insurance, car loans, taxes, and condominium fees. For businesses, the platform enables payment of rent, taxes, salaries, and supplies, as well as the collection of payments. By utilizing CardUp, users can earn credit card rewards on significant expenses that are usually paid by cash, cheque, or bank transfer, thereby optimizing working capital and supporting business growth.

Qoala

Pre Seed Round in 2018
Qoala is an insurtech company based in Jakarta Selatan, Indonesia, founded in 2018. The company provides online insurance services for various needs, including coverage for flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance landscape in Indonesia. It collaborates with major e-commerce and travel platforms to improve customer experience through its innovative insurance products.

KYKLO

Pre Seed Round in 2018
KYKLO Inc is a technology company that specializes in providing cloud-based sales operation management software tailored for the electrical, mechanical, and automation markets. Founded in 2015, the company is headquartered in New York City, with an additional office in Bangkok, Thailand. KYKLO offers a comprehensive platform that allows wholesale distributors to create customized webstores, drawing from a vast inventory of product SKUs that are enriched and managed by the company. The platform includes features such as product content management, search engine optimization, and tools for suggesting add-on products, enabling distributors to effectively engage with customers and facilitate the selection of electrical and automation products. By focusing on the digitization of the wholesale distribution sector, KYKLO aims to transform a significant portion of the $5.6 trillion market, positioning itself as a key player in the industry.

Homage

Seed Round in 2017
Homage Co Pte. Ltd. is a Singapore-based company that specializes in providing home eldercare services. Founded in 2016, the company offers a range of services including respite care, home nursing, and specialized care for serious illnesses such as cancer, diabetes, and Alzheimer's. Homage's technology platform connects seniors with qualified care professionals through a proprietary matching engine, ensuring that care is tailored to individual needs. Family members can manage and monitor care visits via the Homage family app, which provides real-time updates on caregivers' activities and communication. The platform also enables prompt service delivery, with caregivers available to visit within two hours. By optimizing caregiving through factors like illness and geography, Homage aims to enhance the quality of care and support seniors in maintaining their independence at home.

Moglix

Series A in 2016
Moglix is an e-commerce platform that specializes in providing industrial tools and equipment. Founded in 2015 by a group of entrepreneurs, the company focuses on marketing a wide range of industrial supplies, including maintenance, repair, and operations (MRO) products, safety equipment, electrical and lighting solutions, cleaning supplies, office essentials, and various tools. By integrating online convenience with supply-chain efficiencies, Moglix enables equipment manufacturers and resellers to connect with business buyers, facilitating access to industrial goods at competitive prices. The company is headquartered in Singapore, with an operational presence in India, and boasts a team with experience from major global e-commerce firms.

Appknox

Seed Round in 2016
Appknox is a company based in India that specializes in mobile application vulnerability detection solutions. It provides a platform that enables developers to identify and address security vulnerabilities in their mobile applications through testing-as-a-service. This includes regular security audits and a testing API that can be integrated into the development process, allowing coders to enhance the security of their applications during the development phase. Additionally, Appknox offers a security audit tool for analyzing source code and application binary files, as well as monitoring application stores to report any security flaws post-publication. By alerting developers of vulnerabilities as they arise, the company helps ensure that mobile applications are more secure upon delivery.

Moglix

Seed Round in 2016
Moglix is an e-commerce platform that specializes in providing industrial tools and equipment. Founded in 2015 by a group of entrepreneurs, the company focuses on marketing a wide range of industrial supplies, including maintenance, repair, and operations (MRO) products, safety equipment, electrical and lighting solutions, cleaning supplies, office essentials, and various tools. By integrating online convenience with supply-chain efficiencies, Moglix enables equipment manufacturers and resellers to connect with business buyers, facilitating access to industrial goods at competitive prices. The company is headquartered in Singapore, with an operational presence in India, and boasts a team with experience from major global e-commerce firms.

Stacck

Venture Round in 2015
Stacck is a cloud-based business software solution designed to enhance operational efficiency for small and mid-sized companies, particularly in the retail and service sectors such as restaurants and hotels. The platform provides managers with tools to communicate effectively with their teams, ensuring that employees stay informed about company developments and can collaborate seamlessly. Stacck's operations management application simplifies task tracking and employee training through a mobile interface, enabling blue-collar teams to monitor their responsibilities and improve overall business productivity. By streamlining communication and task management, Stacck aims to make daily operations more manageable for its users.

Appknox

Venture Round in 2014
Appknox is a company based in India that specializes in mobile application vulnerability detection solutions. It provides a platform that enables developers to identify and address security vulnerabilities in their mobile applications through testing-as-a-service. This includes regular security audits and a testing API that can be integrated into the development process, allowing coders to enhance the security of their applications during the development phase. Additionally, Appknox offers a security audit tool for analyzing source code and application binary files, as well as monitoring application stores to report any security flaws post-publication. By alerting developers of vulnerabilities as they arise, the company helps ensure that mobile applications are more secure upon delivery.
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