Insignia Venture Partners

Insignia Ventures Partners is a Singapore-based venture capital firm founded in 2017, managed by Yinglan Tan, a former partner at Sequoia Asia. The firm focuses on early-stage investments across a wide range of sectors, including B2B, e-commerce, consumer goods, cryptocurrency, education, enterprise technology, fintech, gaming, healthcare, logistics, marketplace, and property technology. By targeting innovative startups, Insignia Ventures aims to support the growth of technology-driven companies in the region.

Sarah Bak

Head Of Finance

Joolin Chuah

Associate

Ridy Lie

Partner & Head, Technology

Yinglan Tan

Founding Managing Partner

Past deals in Indonesia

Super

Series C in 2022
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

Pinhome

Series B in 2022
Property e-Commerce Platform, Property Transaction Platform

FishLog

Seed Round in 2022
FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creating a transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.

AwanTunai

Series A in 2022
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, established in 2017. It focuses on transforming the banking landscape for micro merchants by providing them with access to mobile-based loans for working capital. Through its innovative mobile application, AwanTunai digitizes the traditional fast-moving consumer goods (FMCG) supply chain, enabling online inventory ordering and facilitating digital payments for small and medium enterprises. The platform also connects borrowers with lenders, allowing Indonesian banks and multi-finance companies to offer affordable financing solutions. By supporting the financial needs of micro merchants and enhancing government initiatives, AwanTunai aims to improve the welfare of Indonesians who previously lacked access to conventional banking products.

Tentang Anak

Seed Round in 2022
Tentang Anak is Indonesia's fastest growing parenting tech company, providing a one stop solution child development ecosystem, combining Indonesia's best pediatric and early childhood development practitioners to provide curation of science-backed products and services for children's physical and mental development.

Flip

Series B in 2021
PT. FLIP is a financial technology company based in Depok, Indonesia, founded in 2015. It operates an online platform that facilitates secure interbank fund transfers without any transaction fees. The application is designed to provide users with an efficient and seamless experience for various money transactions, allowing them to save on costs typically associated with interbank transfers. By focusing on innovative solutions, PT. FLIP aims to offer fair financial services that are accessible to a broad audience, enhancing the overall user experience in digital money transfer.

DishServe

Seed Round in 2021
Developer of a cloud kitchen platform designed to upgrade underutilized kitchens to deliver food without providing a dining area. The company's platform offers up-gradation of underutilized kitchens by standardizing operations, upgrading equipment, and access to technology, enabling restaurants to expand their operations in a convenient and affordable manner.

Brankas

Series B in 2021
Brankas is a fintech company based in DKI Jakarta, Indonesia, founded in August 2016. It specializes in providing an open finance platform that facilitates access to modern financial services for consumers and businesses globally. Brankas offers a range of financial software solutions, including payment transfers, bill payments, and fund disbursement, tailored for e-commerce, small and medium enterprises, and larger corporations. The company’s technology enables banks and financial institutions to seamlessly integrate digital products and services into their operations through APIs and user dashboards, allowing for automated payment processing with a focus on enterprise-grade security. This approach helps clients manage their accounts and transactions efficiently, enhancing their overall financial capabilities.

Ajaib

Series B in 2021
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that facilitates automatic saving and investing for its users. Founded in 1990, the platform enables Indonesians to buy and sell a variety of financial products, including stocks, exchange-traded funds (ETFs), and mutual funds. Ajaib aims to simplify the investment process, making it accessible for a broader audience in Indonesia.

Verihubs

Seed Round in 2021
Verihubs is an artificial intelligence company based in South Jakarta that specializes in providing a digital enterprise infrastructure platform. This platform aids businesses in making informed authentication decisions by authenticating customer identities and verifying backgrounds. Verihubs enables clients to access financial data, allowing for thorough verification of customer information. Through its services, the company empowers enterprises to enhance their decision-making processes regarding customer data.

AwanTunai

Venture Round in 2021
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, established in 2017. It focuses on transforming the banking landscape for micro merchants by providing them with access to mobile-based loans for working capital. Through its innovative mobile application, AwanTunai digitizes the traditional fast-moving consumer goods (FMCG) supply chain, enabling online inventory ordering and facilitating digital payments for small and medium enterprises. The platform also connects borrowers with lenders, allowing Indonesian banks and multi-finance companies to offer affordable financing solutions. By supporting the financial needs of micro merchants and enhancing government initiatives, AwanTunai aims to improve the welfare of Indonesians who previously lacked access to conventional banking products.

Verihubs

Seed Round in 2021
Verihubs is an artificial intelligence company based in South Jakarta that specializes in providing a digital enterprise infrastructure platform. This platform aids businesses in making informed authentication decisions by authenticating customer identities and verifying backgrounds. Verihubs enables clients to access financial data, allowing for thorough verification of customer information. Through its services, the company empowers enterprises to enhance their decision-making processes regarding customer data.

DishServe

Pre Seed Round in 2021
Developer of a cloud kitchen platform designed to upgrade underutilized kitchens to deliver food without providing a dining area. The company's platform offers up-gradation of underutilized kitchens by standardizing operations, upgrading equipment, and access to technology, enabling restaurants to expand their operations in a convenient and affordable manner.

Super

Series B in 2021
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

Shipper

Series B in 2021
Shipper works with online or corporate vendors to pick up items to be shipped using selected logistics services. It cooperates with online sellers or companies to pick up goods to be sent using selected logistics services. Its platform offers package pick-up service and fulfillment centers, help logistics providers manage shipments, predicts the best shipping routes, consolidate packages headed in the same direction and also provides a multi-carrier API that enables sellers to manage orders, print shipping labels and get tracking information from multiple providers on their phones.

Shipper

Series B in 2021
Shipper works with online or corporate vendors to pick up items to be shipped using selected logistics services. It cooperates with online sellers or companies to pick up goods to be sent using selected logistics services. Its platform offers package pick-up service and fulfillment centers, help logistics providers manage shipments, predicts the best shipping routes, consolidate packages headed in the same direction and also provides a multi-carrier API that enables sellers to manage orders, print shipping labels and get tracking information from multiple providers on their phones.

Nimbly Technologies

Seed Round in 2021
Nimbly Technologies, Pte. Ltd. develops, owns, and operates a platform that helps to monitor, manage, and evaluate business operations. The company’s platform helps to digitize manual checklists and converts the collected data into real time insights. Its products include Nimbly, a platform that offers digitized checklist and issue resolution tracker. It serves food and beverages, retail, and agricultural industries. The company was founded in 2018 and is based in Jakarta Selatan, Indonesia.

Ajaib

Series A in 2021
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that facilitates automatic saving and investing for its users. Founded in 1990, the platform enables Indonesians to buy and sell a variety of financial products, including stocks, exchange-traded funds (ETFs), and mutual funds. Ajaib aims to simplify the investment process, making it accessible for a broader audience in Indonesia.

Ajaib

Series A in 2021
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that facilitates automatic saving and investing for its users. Founded in 1990, the platform enables Indonesians to buy and sell a variety of financial products, including stocks, exchange-traded funds (ETFs), and mutual funds. Ajaib aims to simplify the investment process, making it accessible for a broader audience in Indonesia.

Pahamify

Series A in 2020
Pahamify is a leading EdTech Startup with a vision to create education super app that provides high quality content backed by rigorous research and cutting edge technology, combined with the art of film making, animation, gamification, and super intuitive UI/UX.

EVOS eSports

Series B in 2020
EVOS eSports, established in 2016 and based in Jakarta, Indonesia, is a prominent eSports organization that manages competitive teams across various games, including Dota 2, League of Legends, and Arena of Valor. The company is focused on developing an online sports platform aimed at enhancing the eSports landscape in Southeast Asia. This platform is designed to support professional players and content creators by providing essential infrastructure, enabling them to establish a reputation for professionalism in competitive gaming. EVOS eSports offers comprehensive support for its teams, which includes in-game coaching, training facilities, and mental wellness care. In addition to its team management, the organization also retails merchandise such as t-shirts, bands, caps, and lanyards through its online store.

PAYFAZZ

Series B in 2020
PT Payfazz Teknologi Nusantara operates an online payment wallet that provides a range of financial services in Indonesia, targeting individuals who may not have access to traditional banking. Founded in 2016 and based in Jakarta, the company offers solutions for utilities, money transfers, e-commerce, and retail transactions. Its agency-based platform enables users to conduct secure financial activities, including bill payments and money management, through a network of bank agents. PAYFAZZ partners with various financial institutions and service providers to enhance its offerings and ensure security through advanced measures like GeoTrust SSL. The company aims to facilitate digital financial services and improve accessibility for unbanked populations, contributing to the broader financial inclusion and digital transformation in Southeast Asia.

Fazz

Series B in 2020
Fazz Financial is a digital financial services group.

Shipper

Series A in 2020
Shipper works with online or corporate vendors to pick up items to be shipped using selected logistics services. It cooperates with online sellers or companies to pick up goods to be sent using selected logistics services. Its platform offers package pick-up service and fulfillment centers, help logistics providers manage shipments, predicts the best shipping routes, consolidate packages headed in the same direction and also provides a multi-carrier API that enables sellers to manage orders, print shipping labels and get tracking information from multiple providers on their phones.

Travelio

Series B in 2019
Travelio is an online short-term home rental marketplace that provides apartments, villas, and houses. Its platform allows its clients to reserve and choose houses, villas, and apartments online. Travelio was founded in March 24, 2015, by Christine Amanda, Christina Suriadjaja, and Hendry Rusli.

EVOS eSports

Series A in 2019
EVOS eSports, established in 2016 and based in Jakarta, Indonesia, is a prominent eSports organization that manages competitive teams across various games, including Dota 2, League of Legends, and Arena of Valor. The company is focused on developing an online sports platform aimed at enhancing the eSports landscape in Southeast Asia. This platform is designed to support professional players and content creators by providing essential infrastructure, enabling them to establish a reputation for professionalism in competitive gaming. EVOS eSports offers comprehensive support for its teams, which includes in-game coaching, training facilities, and mental wellness care. In addition to its team management, the organization also retails merchandise such as t-shirts, bands, caps, and lanyards through its online store.

Shipper

Seed Round in 2019
Shipper works with online or corporate vendors to pick up items to be shipped using selected logistics services. It cooperates with online sellers or companies to pick up goods to be sent using selected logistics services. Its platform offers package pick-up service and fulfillment centers, help logistics providers manage shipments, predicts the best shipping routes, consolidate packages headed in the same direction and also provides a multi-carrier API that enables sellers to manage orders, print shipping labels and get tracking information from multiple providers on their phones.

Ritase

Series A in 2019
Ritase is a technology platform that connect your ERP system to various logistics companies that allow you to track the shipment real-time.

YukStay

Seed Round in 2019
YukStay is a technology property company that is an online marketplace for apartment rentals. As a solution to the problem of apartment owners and urban communities to find housing. The company is driven by its mission is to provide affordable city living through Co-living. YukStay was founded in 2018 and headquartered in Jakarta Raya, Indonesia.

Lifepal

Seed Round in 2019
Lifepal has become the number one marketplace for insurance products in Indonesia. With the support of machine learning and a simple and clear e-commerce experience based on convenience and accurate recommendations, our insurance products are simple to understand and transparent to any type of customer. No surprises nor hidden clauses. We believe that the insurance industry needs to evolve from simply profiting on financial products to offering better protection people to fit their financial needs. Trust has been broken and needs to be rebuilt. Today customers in Indonesia see insurance as a necessary evil and not a trustworthy friend that will always fight for them. Finally, we care about you and we will always protect you. We fight for you. In fact, our company was built to protect its customers and not its providers nor the insurance companies. As soon as you become a customer, you will be assigned a personal assistant to help you anytime you need. LifePal is available on every device, desktop and mobile!

Fore Coffee

Series A in 2019
Fore Coffee is a specialty coffee shop founded in 2018 and based in Jakarta, Indonesia. The company focuses on providing high-quality coffee experiences to its customers, emphasizing the unique flavors and craftsmanship involved in coffee preparation. Since its inception, Fore Coffee has aimed to create a welcoming environment for coffee enthusiasts and casual drinkers alike, contributing to the growing coffee culture in the region.

Tado

Seed Round in 2019
An interactive content platform bridging the gap between content creators and consumers.

Ajaib

Seed Round in 2019
Ajaib is an online wealth management platform based in Jakarta, Indonesia, that facilitates automatic saving and investing for its users. Founded in 1990, the platform enables Indonesians to buy and sell a variety of financial products, including stocks, exchange-traded funds (ETFs), and mutual funds. Ajaib aims to simplify the investment process, making it accessible for a broader audience in Indonesia.

PAYFAZZ

Venture Round in 2018
PT Payfazz Teknologi Nusantara operates an online payment wallet that provides a range of financial services in Indonesia, targeting individuals who may not have access to traditional banking. Founded in 2016 and based in Jakarta, the company offers solutions for utilities, money transfers, e-commerce, and retail transactions. Its agency-based platform enables users to conduct secure financial activities, including bill payments and money management, through a network of bank agents. PAYFAZZ partners with various financial institutions and service providers to enhance its offerings and ensure security through advanced measures like GeoTrust SSL. The company aims to facilitate digital financial services and improve accessibility for unbanked populations, contributing to the broader financial inclusion and digital transformation in Southeast Asia.

AwanTunai

Series A in 2018
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, established in 2017. It focuses on transforming the banking landscape for micro merchants by providing them with access to mobile-based loans for working capital. Through its innovative mobile application, AwanTunai digitizes the traditional fast-moving consumer goods (FMCG) supply chain, enabling online inventory ordering and facilitating digital payments for small and medium enterprises. The platform also connects borrowers with lenders, allowing Indonesian banks and multi-finance companies to offer affordable financing solutions. By supporting the financial needs of micro merchants and enhancing government initiatives, AwanTunai aims to improve the welfare of Indonesians who previously lacked access to conventional banking products.

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

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

Fazz

Series A in 2018
Fazz Financial is a digital financial services group.

Ritase

Seed Round in 2018
Ritase is a technology platform that connect your ERP system to various logistics companies that allow you to track the shipment real-time.

Warung Pintar

Seed Round in 2018
Warung Pintar is a micro retail technology company with a mission to enable digitalization for the grassroots population to improve the community around them. With data processing and analysis, Warung Pintar enables data point for the underserved bottom of the pyramid which forms the bulk of the population in Indonesia, opening new windows of opportunity for financial inclusion, social security, behavior analysis, community engagement and impact monitoring.

CoHive

Series A in 2018
PT Evi Asia Tenggara owns and operates a co-working chain that provides individuals and companies with access to workspaces. It also organizes a series of weekly knowledge-sharing sessions, such as BizTalks and TechTalks; and provides programs, such as coding classes and UI/UX classes in partnership with relevant institutions to cater to the demand for practical skills. The company also owns and operates co-living spaces. It has co-working spaces in various cities in Indonesia, such as South Jakarta, Central Jakarta, Tangerang, West Jakarta, Bali, North Jakarta, Medan, and Yogyakarta. The company was founded in 2015 and is based in Jakarta Selatan, Indonesia.

Travelio

Series A in 2018
Travelio is an online short-term home rental marketplace that provides apartments, villas, and houses. Its platform allows its clients to reserve and choose houses, villas, and apartments online. Travelio was founded in March 24, 2015, by Christine Amanda, Christina Suriadjaja, and Hendry Rusli.

Aspire

Seed Round in 2018
Aspire Financial Technologies Pte. Ltd., founded in 2017 and based in Singapore, specializes in providing cash management services tailored for small businesses. As a subsidiary of Aspire Financial Technologies Holdings Inc., the company focuses on delivering a finance management platform that simplifies banking processes. Aspire's offerings include a unified system for managing bank accounts, credit cards, invoicing, and expenses, allowing business owners to access essential financial tools conveniently. The platform is designed to facilitate borderless payments and enhance expense management, enabling clients to streamline their cash management operations and make informed business decisions without the delays and complexities often associated with traditional financial institutions.

Warung Pintar

Seed Round in 2018
Warung Pintar is a micro retail technology company with a mission to enable digitalization for the grassroots population to improve the community around them. With data processing and analysis, Warung Pintar enables data point for the underserved bottom of the pyramid which forms the bulk of the population in Indonesia, opening new windows of opportunity for financial inclusion, social security, behavior analysis, community engagement and impact monitoring.

Sayurbox

Seed Round in 2018
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.

CoHive

Seed Round in 2017
PT Evi Asia Tenggara owns and operates a co-working chain that provides individuals and companies with access to workspaces. It also organizes a series of weekly knowledge-sharing sessions, such as BizTalks and TechTalks; and provides programs, such as coding classes and UI/UX classes in partnership with relevant institutions to cater to the demand for practical skills. The company also owns and operates co-living spaces. It has co-working spaces in various cities in Indonesia, such as South Jakarta, Central Jakarta, Tangerang, West Jakarta, Bali, North Jakarta, Medan, and Yogyakarta. The company was founded in 2015 and is based in Jakarta Selatan, Indonesia.

PAYFAZZ

Convertible Note in 2017
PT Payfazz Teknologi Nusantara operates an online payment wallet that provides a range of financial services in Indonesia, targeting individuals who may not have access to traditional banking. Founded in 2016 and based in Jakarta, the company offers solutions for utilities, money transfers, e-commerce, and retail transactions. Its agency-based platform enables users to conduct secure financial activities, including bill payments and money management, through a network of bank agents. PAYFAZZ partners with various financial institutions and service providers to enhance its offerings and ensure security through advanced measures like GeoTrust SSL. The company aims to facilitate digital financial services and improve accessibility for unbanked populations, contributing to the broader financial inclusion and digital transformation in Southeast Asia.