Spiral Ventures

Spiral Ventures is a venture capital firm established in 2017 and headquartered in Singapore. Originally part of IMJ Corporation, a prominent digital marketing company, Spiral Ventures evolved from its predecessor, IMJ Investment Partners, after a transition in ownership and a strategic shift towards Southeast Asia. The firm focuses on investing in a diverse range of sectors, including financial technology, logistics and transportation, artificial intelligence, the Internet of Things, the sharing economy, marketplaces, human resources technology, big data, media platforms, healthcare, and online advertising. Through its investments, Spiral Ventures aims to support innovation and growth in these dynamic industries.

Takashi Chiba

Principal

Irawan Ganda

Principal and Head of Southeast Asia

Ryuusuke Hirota

Partner

Yuji Horiguchi

Founder, CEO, Managing Partner

Tomokazu Okuno

Representative Partner

Yasuhiro Seo

Partner

Past deals in Malaysia

Secai Marche

Series A in 2024
Secai Marche Inc. operates an online marketplace that connects small-scale farmers with restaurants and consumers, facilitating direct purchases of high-quality food products. Founded in 2018 and headquartered in Tokyo, Japan, with an additional office in Kuala Lumpur, Malaysia, the platform enhances the economic viability of small farms by improving their access to markets. Secai Marche offers services that include sourcing, order processing, payment, and delivery, allowing farmers to sell seasonal and regionally sourced ingredients directly to chefs and businesses. The company's mission is to promote sustainable farming practices and ensure that farmers can achieve a profitable livelihood while providing consumers with fresh and delicious food options.

Secai Marche

Series A in 2023
Secai Marche Inc. operates an online marketplace that connects small-scale farmers with restaurants and consumers, facilitating direct purchases of high-quality food products. Founded in 2018 and headquartered in Tokyo, Japan, with an additional office in Kuala Lumpur, Malaysia, the platform enhances the economic viability of small farms by improving their access to markets. Secai Marche offers services that include sourcing, order processing, payment, and delivery, allowing farmers to sell seasonal and regionally sourced ingredients directly to chefs and businesses. The company's mission is to promote sustainable farming practices and ensure that farmers can achieve a profitable livelihood while providing consumers with fresh and delicious food options.

Instapay Technologies

Series A in 2022
Instapay Technologies operates a unique e-wallet service in Malaysia that includes a corporate portal for self-management of salary payment processes. This platform streamlines payroll processing for organizations, enhancing visibility and efficiency in financial operations. Additionally, Instapay develops an online payment platform that facilitates various monetary transactions, catering to both e-wallet and remittance needs. The company evaluates technology vendors and partners to ensure optimal integration and implementation of payment technologies. Through its innovative solutions, Instapay aims to simplify online payment transactions while providing users with valuable insights into financial data.

HealthMetrics

Seed Round in 2018
HealthMetrics is a cloud-based enterprise HR solution based in Subang Jaya, Selangor, Malaysia, specializing in the management of employee healthcare benefits. Founded in 2015, the company connects organizations with over 3,000 healthcare partners across the country, enabling businesses to gain insights into employee health and implement targeted health promotion initiatives. By streamlining the complexities of employee healthcare plans, HealthMetrics empowers HR teams to transition from administrative roles to strategic leaders in employee health management. The platform enhances HR efficiency through employee self-service and provides seamless connectivity to healthcare providers, offering real-time data analytics to facilitate informed decision-making. Additionally, HealthMetrics allows HR departments to quickly implement supplementary benefits, such as dental and vision care, thereby delivering a comprehensive and cost-effective solution for managing essential employee medical benefits.

Zoom

Seed Round in 2018
Zoom operates a logistics platform that connects businesses, including online retailers and brick-and-mortar stores, with on-demand delivery specialists. The platform facilitates efficient product delivery by optimizing routes and providing instant customer service access for tracking parcels. This system addresses last-mile delivery challenges through the use of professional riders and integrates seamlessly into clients' existing business ecosystems. By prioritizing ease of use and reliability, Zoom serves as a trusted partner for businesses in Malaysia, ensuring fast and seamless delivery solutions.

Carsome

Series B in 2017
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
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