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Monk's Hill Ventures

Monk's Hill Ventures is a venture capital firm specializing in early stage and post-seed stage investments. It typically invests in companies that already have had at least USD $500 thousand to USD $1.5 million of seed/angel funding. The firm seeks to invest in consumer and enterprise technology spaces, with a particular interest in those with e-commerce, mobile, big data and cloud-based services. It seeks to invest in South-East Asian companies, with a focus on Singapore, Indonesia including Jakarta, Philippines, Vietnam, Thailand, and Malaysia as well as startups in Silicon Valley looking to expand in Asia. It invests with deal sizes ranging between $1 million and $3 million. The firm prefers to take 15 percent to 20 percent equity stake in companies. It seeks to acquire advisory or board seat in its companies. Monk's Hill Ventures was founded in 2014 and is based in Singapore with an additional office in Jakarta, Indonesia.
RB

RJ Balmater

Investment Associate

JC

June Chen

Associate

AH

Ang Hwee Chuin

Director, Investment Relations

Michele Daoud

Partner

Kuo-Yi Lim

Co-Founder and Managing Partner

Justin Nguyen

Partner

AN

Aaron Nio

Senior Investment Associate

MR

Mohd Ridzwan Nordin

Venture Partner

Peng Ong

Co-Founder and Managing Partner

NW

Nat Wittayatanaseth

Investment Associate

EW

Eunice Wong

Investment Associate

62 past transactions

KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

Ion Mobility

Seed Round in 2021
Ion Mobility is a tech-driven all-electric mobility company tackling a challenging and complex space.

VIDA

Seed Round in 2021

Crowde

Series A in 2019
CROWDE is an agriculture-focused fintech startup that empowers farmers across Indonesia with technology and capital. Thousands of farmers and investors across Indonesia have already put their trust in us to accomplish what has not been done before: a farmer-friendly financing ecosystem that put in touch investors seeking attractive returns with farmers that are looking for capital to grow, create employment, and support local communities. At CROWDE, we only do agriculture and do it well: we understand how to assess agri-project financing and manage risks pertaining to agriculture. Beyond connecting investors and farmers we also integrate the entire agriculture ecosystem from suppliers to customers through technology. Our investors and farmers have influenced the core of our mission, they are both highly driven individuals who seek to better their own future, this has always inspired us and we look to change Indonesia with this mission in mind.

Saleswhale

Series A in 2019
Never waste a marketing lead again Saleswhale's AI sales assistant engages and qualifies marketing-generated leads at scale, through two-way intelligent email conversations, before handing over qualified leads to sales reps.

Danacita

Series A in 2021
Danacita is a loans to fund their tertiary education and training in Jakarta.

INKR

Seed Round in 2021

ZipMatch

Series A in 2015
ZipMatch is an online marketplace that offers real-estate services for buyers, brokers, and real estate developers. Most of the problems in the Philippine real estate industry today can be sourced in the long, tiring, and complicated process for buyers and brokers. Fortunately, there’s ZipMatch.com, the first property matchmaker for buyers, brokers and real estate developers that can help simplify the process.

Kulina

Seed Round in 2017
Kulina is a delivery service company for daily consumption food. Produced by the nearest kitchen, and delivered to the customer's address. Although the lunch offers a subscription service such as online catering in general, Kulina is a technology company which does not have its own kitchen; rather, it cooperates with selected catering and restaurant kitchens spread throughout Jakarta and its surroundings. Kulina connects customers with the nearest kitchen, and arranges food delivery routes with the help of technology, so that food can arrive on time to the customer's address by a trusted courier. ‍ Kulina's technology makes it possible for the food delivery process to run efficiently and effectively, so that all products in Kulina are not subject to additional shipping costs. Kulina team Kulina began serving customers since the beginning of 2016, and up to now has been sending hundreds of thousands of servings, with delivery to thousands of addresses and points active customers every day in Jakarta and surrounding areas. Kulina has two offices in two separate cities, namely Yogyakarta and Jakarta - the current service area is Jakarta and surrounding areas, covering BSD, Bintaro, Alam Sutera, Serpong, Ciledug and Cengkareng.

Rainforest Life

Seed Round in 2021
Rainforest buys e-commerce brands and grows them with a focus on long-term success. They believe that being part of Rainforest improves the brands’ longevity, financial returns, and sustainability outcomes.
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Scalable Capital

Series A in 2016
Scalable Capital is a digital investment service founded in 2014, with offices in Munich and London. It uses proprietary software to offer portfolios which are dynamically optimised with a primary focus on risk management. State-of-the-art technology enables the company to offer a first class investment service, previously only available to large institutional investors, to individuals at a fraction of the cost. The company is funded by major VCs including Holtzbrinck Ventures, Monk’s Hill Ventures, German Startup Group and other prominent angel investors.
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

Hypefast

Venture Round in 2021

UIlicious

Seed Round in 2021
UI-licious is a test automation solution the helps online businesses continuously test their user journeys and detect errors in their app with minimal effort. Software teams struggle to automate UI testing using traditional tools with tests that difficult to keep up to date with rapid changes to the UI because the tests are wired to the UI implementation. With our patented ambiguity resolution test engine, tests can be written using simple instructions to describe a user journey that can be written by a non-engineer, and works on any UI implementation. It takes minutes instead of hours to setup continuous testing with our integrated solution.

Elsa

Series B in 2021
Elsa is a English Language Speech Assistant, a mobile application for pronunciation training and accent reduction using speech recognition. ELSA strives to improve your English pronunciation! Pronunciation is so important for learning English.

Hypefast

Series A in 2021

Rainforest Life

Series A in 2022
Rainforest buys e-commerce brands and grows them with a focus on long-term success. They believe that being part of Rainforest improves the brands’ longevity, financial returns, and sustainability outcomes.

Dagangan

Series B in 2022
Dagangan is an online demand aggregation platform that provides an ordering system and delivery service. It aims to help digitize entrepreneurs in rural areas and providing access to products and services. The company leverages the power of community and social network of influencers to solve production and accessibility issues, enabling households in the rural areas to get their daily needs delivered to them, with cheaper prices and much less effort. The platform encourages farmers and traders in the areas to engage in sales of local products and specialties through our platform, to be distributed to other places. Dagangan was established in Singapore, Central Region.

Elsa

Series A in 2019
Elsa is a English Language Speech Assistant, a mobile application for pronunciation training and accent reduction using speech recognition. ELSA strives to improve your English pronunciation! Pronunciation is so important for learning English.

heyy,

Pre Seed Round in 2022

Tigerhall Pte Ltd

Series A in 2021
Tigerhall Pte Ltd offers soft skill training courses to professionals on topics ranging from managing a co-located workforce and dealing with poorly performing staff to handling a communications crisis, and launching products in emerging markets and intrapreneurship. It offers an application that connects learners with experts through bite-sized power reads and podcasts, in-person workshops, mentorship, and private dinners with senior business leaders. The company was founded in 2018 and is based in Singapore.

Ninja Van

Series E in 2021
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

Jio Health

Series B in 2022
Jio Health tracks vitals, manages medications, and connects with providers and caregivers in meaningful ways. It seamlessly connects with fitness and wearable devices so users can access all of their data in one place. It facilitates healthcare delivery by managing personal health profiles and the sharing of medical data to healthcare providers.

Bot MD

Seed Round in 2018
Bot MD is an Artificial Intelligence (AI) clinical assistant for doctors to improve patient care. It instantly answers doctor questions on drugs, diseases, and medical calculators. It provides automatic voice to text transcriptions. Bot MD was founded in 2018.

Ordinary Folk

Seed Round in 2022

GoQuo (M) Sdn Bhd

Series B in 2018
GoQuo provides a Full-Service e-Commerce Solution to leading Airlines and OTAs in creating a personalized and inspiring Digital Shopping Experience. We assist our Customers in becoming Successful e-Retailers, thereby increasing their Ancillary Revenue from Non-Air Products. GoQuo rapidly adapts to the ever changing requirements and ancillary innovations with our Cloud e-Retail platform. With GoQuo the time to market is weeks rather than months. Larger host systems and booking engine providers, are unable to adapt as quick to industry/regional trends, due to their legacy issues.

Gajiku

Seed Round in 2022

Elsa

Seed Round in 2018
Elsa is a English Language Speech Assistant, a mobile application for pronunciation training and accent reduction using speech recognition. ELSA strives to improve your English pronunciation! Pronunciation is so important for learning English.

GoGet.my

Series A in 2020
GoGet is an on-demand job platform for businesses and freelancers. The company's mission is to transform the traditional labor market and connect the city to create work. It empowers businesses to grow their operations while saving money, as wells as enabling users to find job opportunities near them, at good rates that match their preferences. .Francesca Chia, Muaz Jema Khan, and Tai Fung Wei Tan headquartered the company in Kuala Lumpur, Kuala Lumpur in 2014.

Glints Intern Pte Ltd

Series C in 2021
Glints Intern Pte Ltd operates an online platform to provide internship and graduate job opportunities in Singapore. Its platform enables companies to create a job posting, review application, and schedule interviews to hire candidates. Its platform lists jobs in administrative, consulting, business development, data science, design, education, finance, human resource, hospitality, engineering, legal, and various other sectors. The company was incorporated in 2013 and is based in Singapore.

Dana Cita

Series A in 2021
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Jenfi

Seed Round in 2020
Jenfi is a financial technology company that provides revenue-based financing to rapidly growing businesses in Asia. Jenfi aims to assist digitally-enabled businesses, such as e-Commerce ventures and high growth startups, to accelerate their sales velocity by funding their marketing, inventory, and growth campaigns.

Credibook

Series A in 2022

URBANMETRY

Seed Round in 2022

CoderSchool

Seed Round in 2021
Coderschool Company Limited, an education technology company, offers computer programming courses for students, developers, and designers in Vietnam. It provides short term full time and part time courses on iOS, Android, data science, UI UX design, Go programming language, blockchain, mobile application development, and web development. Coderschool Company Limited was founded in 2015 and is headquartered in Ho Chi Minh City, Vietnam.

Doyobi Pte Ltd

Seed Round in 2021
Doyobi Pte Ltd operates an online coding school. The company offers science and coding courses that are used in programs supported by Google and the Singapore government. The company offers its products for children and young people aged 7-15 years. Its coding courses include scratch and python courses. The company’s courses are used by enrichment providers, schools, NGOs, teachers, and governments. Doyobi Pte Ltd was incorporated in 2019 and is based in Singapore.

Dagangan

Series A in 2021
Dagangan is an online demand aggregation platform that provides an ordering system and delivery service. It aims to help digitize entrepreneurs in rural areas and providing access to products and services. The company leverages the power of community and social network of influencers to solve production and accessibility issues, enabling households in the rural areas to get their daily needs delivered to them, with cheaper prices and much less effort. The platform encourages farmers and traders in the areas to engage in sales of local products and specialties through our platform, to be distributed to other places. Dagangan was established in Singapore, Central Region.

Hannah Life Technologies

Seed Round in 2022
Hannah Life Technologies is changing the infertility treatment landscape by developing new, groundbreaking and safe fertility products. Alumni of the Stanford Biodesign Fellowship program founded the company to address critical unmet needs in infertility treatment. A Scientific Advisory Board consisting of leading fertility clinicians advise the company.

Upmesh

Seed Round in 2021
Upmesh provides e-commerce functionality for live commerce merchants on social media.
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Glints Intern Pte Ltd

Series D in 2022
Glints Intern Pte Ltd operates an online platform to provide internship and graduate job opportunities in Singapore. Its platform enables companies to create a job posting, review application, and schedule interviews to hire candidates. Its platform lists jobs in administrative, consulting, business development, data science, design, education, finance, human resource, hospitality, engineering, legal, and various other sectors. The company was incorporated in 2013 and is based in Singapore.

Ion Mobility

Seed Round in 2020
Ion Mobility is a tech-driven all-electric mobility company tackling a challenging and complex space.

Glints Intern Pte Ltd

Series B in 2019
Glints Intern Pte Ltd operates an online platform to provide internship and graduate job opportunities in Singapore. Its platform enables companies to create a job posting, review application, and schedule interviews to hire candidates. Its platform lists jobs in administrative, consulting, business development, data science, design, education, finance, human resource, hospitality, engineering, legal, and various other sectors. The company was incorporated in 2013 and is based in Singapore.

Bot MD

Series A in 2021
Bot MD is an Artificial Intelligence (AI) clinical assistant for doctors to improve patient care. It instantly answers doctor questions on drugs, diseases, and medical calculators. It provides automatic voice to text transcriptions. Bot MD was founded in 2018.

iVideoSmart Pte Ltd

Series A in 2017
iVideoSmart Pte Ltd develops video-in-a-box solution leveraging artificial intelligence and machine learning. The company's solution enables video recommendation, delivery, and monetization; user engagement increment; content management; and scanning of artificial content. The company also has a HotSpot video solution that provides programmatic marketing for e-commerce affiliate conversions and aims to empower publishers to deliver call-to-action and performance-based offerings to advertisers. The company was founded in 2016 and is headquartered in Singapore.

iVideoSmart Pte Ltd

Series A in 2019
iVideoSmart Pte Ltd develops video-in-a-box solution leveraging artificial intelligence and machine learning. The company's solution enables video recommendation, delivery, and monetization; user engagement increment; content management; and scanning of artificial content. The company also has a HotSpot video solution that provides programmatic marketing for e-commerce affiliate conversions and aims to empower publishers to deliver call-to-action and performance-based offerings to advertisers. The company was founded in 2016 and is headquartered in Singapore.

Saleswhale

Seed Round in 2017
Never waste a marketing lead again Saleswhale's AI sales assistant engages and qualifies marketing-generated leads at scale, through two-way intelligent email conversations, before handing over qualified leads to sales reps.

Playlab

Series B in 2015
Playlab is a leading game developer & publisher that has grown from a handful of passionate gamers to a group of 80 and more enthusiasts striving to create the best games for iOS and Android devices along with Facebook. Founded in January 2012, the headquarters are based in Hong-Kong while the distribution is handled from Singapore. Their production sites are located in Bangkok, TH (Pocket PlayLab) and Manila, PHI (Anino PlayLab) and are respectively the homes of hit titles including Lost Cubes & Juice Cubes, and award winning games of the Games Festival (2004), International Mobile Game Awards (2006 and 2007), and Indie Games Showcase (2007). With more than 22 millions of downloads of their games across the world, they believe the amazing experience we give our players comes from the diversity and experience of their people.

Horangi Pte Ltd.

Series A in 2017
Horangi provides security software and services backed by a team of CREST-certified global cybersecurity experts in Asia. Its integrated cybersecurity platform is built to comprehensively secure organizations of all sizes with enterprise-grade technology in the cloud. Headquartered in Singapore, Horangi serves customers across a broad range of industries from five offices globally. It was founded in March 2016.

Ninja Van

Series B in 2016
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

Ninja Van

Series A in 2015
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

Waresix

Seed Round in 2018
Waresix, a platform that matches unused warehouse space with users in need of such facility, looks to capitalize on the demand for flexible warehousing given the booming e-commerce market in the country. “Distribution and logistics have always been a challenge in Indonesia due to its archipelago structure. Waresix provides a solution for dynamic warehousing strategy that allows their customers (retailer, distributor and manufacturer) to quickly adapt to variable demand,” says Waresix CEO Andree.

Stoqo

Series A in 2018
Stoqo Technology owns and operates an online marketplace for small restaurant and hotel owners that helps them bulk source raw materials at direct factory prices. The company was founded in 2016 and is based in Jakarta, Indonesia.
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

Dana Cita

Seed Round in 2018
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Horangi Pte Ltd.

Series B in 2020
Horangi provides security software and services backed by a team of CREST-certified global cybersecurity experts in Asia. Its integrated cybersecurity platform is built to comprehensively secure organizations of all sizes with enterprise-grade technology in the cloud. Headquartered in Singapore, Horangi serves customers across a broad range of industries from five offices globally. It was founded in March 2016.

Scalable Capital

Series A in 2015
Scalable Capital is a digital investment service founded in 2014, with offices in Munich and London. It uses proprietary software to offer portfolios which are dynamically optimised with a primary focus on risk management. State-of-the-art technology enables the company to offer a first class investment service, previously only available to large institutional investors, to individuals at a fraction of the cost. The company is funded by major VCs including Holtzbrinck Ventures, Monk’s Hill Ventures, German Startup Group and other prominent angel investors.

Logisly

Series A in 2020
Logisly believes that industry 4.0 requires connectivity between the offline and online worlds. In the supply chain, technology will play a major role, not only in automating processes or reducing costs, but also providing in-depth data-based analysis for decision making and business operations.

Escapex Holding Corporation

Funding Round in 2018
Escapex is an internet company that creates personal owned platforms (POPs) for celebrities and influencers it helps its clients to increase their online presence. Escapex offers an alternative to legacy social media platforms where those with a large following can establish a unique brand for free and begin generating revenue through advertisements, subscriptions, and in-app purchases.

Jio Health

Series A in 2019
Jio Health tracks vitals, manages medications, and connects with providers and caregivers in meaningful ways. It seamlessly connects with fitness and wearable devices so users can access all of their data in one place. It facilitates healthcare delivery by managing personal health profiles and the sharing of medical data to healthcare providers.
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