Patamar Capital

Patamar Capital is a venture capital firm founded in 2011 and headquartered in San Francisco, specializing in early to growth-stage investments in South and Southeast Asia. With over a decade of experience, the firm focuses on the “mass market,” targeting low and middle-income populations. Its current fund, Patamar Fund II, aims to invest in 20-25 early-stage and growth-stage companies across key sectors such as financial services, niche eCommerce, and technology-enabled businesses in health care, education, and agriculture. The firm’s Asia-based investment team, which operates full-time in six countries, leverages local expertise and networks to identify and enhance investment opportunities. A significant portion of the investment capital comes from local investors, including prominent families in Indonesia, Sri Lanka, and the Philippines. This strategic approach enables Patamar Capital to effectively invest in, operate, expand, and exit from its portfolio companies within the region.

Lee FitzGerald

Co-Founder and Managing Partner

Dondi Hananto

Partner

Beaudean Seil

Co-Founder and Partner

Nathan Sivagananathan

Partner

Shuyin Tang

Partner

Geoff “Chester” Woolley

Managing Director, Partner and Chief Executive Officer

36 past transactions

SwipeRx

Series B in 2023
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

Mapan

Series A in 2022
Mapan is providing network of thousands of lower income communities with better access to valuable products.

PortX

Series A in 2022
PortX, a developer of financial software, is dedicated to enhancing access to sustainable and affordable financial services. The company aims to improve lives by providing innovative tools that facilitate the integration of financial institutions with modern platforms, currencies, and protocols. By offering no-code, cloud-native integration tools, PortX supports payment networks and supply chains, enabling central banks and payment hub operators to establish and connect real-time payment networks. Their open-source, real-time payment network and management software help financial institutions achieve interoperability, ensuring they remain relevant in an increasingly digital world. Through these solutions, PortX plays a significant role in digitally transforming organizations and promoting financial inclusion across diverse regions.

Nikel

Venture Round in 2022
Impact Credit Solutions develops a financial technology platform designed to provide finance to investors. Its platform offers credit to online lending platforms that focus on SME and consumer lending as well as give access to alternative lending investments, enabling lending platforms to get financial support to lend money to consumers and SME.

Peddlr

Seed Round in 2022
Peddlr is a company focused on facilitating the digital transformation of small and medium enterprises (SMEs) in the Philippines. It offers a free mobile point-of-sale (POS) system that streamlines business management for entrepreneurs. With a simple two-click setup, the app allows users to manage both online and offline orders, send payment links, and utilize an escrow feature called "SafeBox" to enhance security for transactions. Additionally, Peddlr provides essential tools such as inventory management, expense tracking, and reporting capabilities, enabling small business owners to efficiently oversee their operations without incurring costs.

Mio App

Series A in 2022
Mio App is a community application for groups of friends, colleagues, neighbors, to buy together fresh items imported directly from farmers and gardeners, ensuring the best price for everyone.

Ayopop

Series B in 2021
PT. Ayopop Teknologi Indonesia, founded in 2016 and headquartered in Jakarta, Indonesia, specializes in developing billing network software aimed at facilitating seamless payment solutions. The company offers a range of tools including Biller Open API for recurring customer payments, Transaction API for bill payments and digital goods, and Biller Reminder System to enhance bill payment experiences. Additionally, Ayopop provides AutoRecon for transaction matching across systems, Ayoconnect Insights for data analytics, and Smart Payments for improved transaction efficiency. Its services cater to various sectors including utilities, financial institutions, telecommunications, online services, housing, education, and content publishing, thereby supporting a wide ecosystem of bill providers and consumers in their payment processes.

MyShubhLife

Venture Round in 2021
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

Kinara Capital

Private Equity Round in 2021
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.

Kim An Group

Series A in 2020
Kim An Consulting Investment JSC develops a mobile application and online platform that connects banks and financial companies in Vietnam with local micro, small and medium enterprises. The company’s application provides booking for repayment at daily, weekly, and monthly interval, credit scoring, and loan management services. The company was founded in 2013 and is based in Ho Chi Minh City, Vietnam.

MyShubhLife

Series A in 2019
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

SUPA

Series A in 2019
Supahands Dotcom Sdn Bhd focuses on preparing datasets to train machine learning or AI algorithms for businesses around the world. The company provides image annotation, data transcription, and tagging and categorization solutions. Its solutions are used in social networks, autonomous vehicles, retail and e-commerce, computer vision, geospatial imaging, and optical character recognition industries. The company was founded in 2014 and is based in Kuala Lumpur, Malaysia.

Kinara Capital

Private Equity Round in 2019
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.

Big Tree Farms

Venture Round in 2019
Big Tree Farms, Inc. is a producer and distributor of various tropical food products, including coconut sugar, raw cacao, and alternative sweeteners. The company collaborates with over 13,000 small farmers, fostering transparent and equitable supply relationships. Its product offerings extend to organic seasoning sauces, marinades, and cold-processed nutrition made from whole plants. Big Tree Farms operates in the United States, Bali, and Indonesia, distributing its products through both retail and online channels. Founded in 2000 and based in Hinesburg, Vermont, the company focuses on sustainable practices, harvesting flower nectar from thriving food forests while prioritizing soil health and tree conservation.

Kalibrr

Convertible Note in 2019
Kalibrr is a recruitment business innovating services and technologies to help companies consistently recruit the best talent. They achieve recruitment transformations through an end-to-end portfolio of services including a premium jobs portal, world-class recruitment system, employer branding and powerful online assessments. Founded by Paul Rivera and Dexter Ligot-Gordon in January 2012, Kalibrr had received a significant in seed funding from Sillicon Valley startup incubators and investors such as; Kickstart Ventures, eBay's Pierre Omidyar, Globe Telecom's, Sillicon Valley Y Combinator and Filipino Angel investor Nix Nolledo of Xurpas.

Topica Edtech Group

Series D in 2018
Topica Edtech Group (Vietnamese: “Tổ hợp Công nghệ Giáo dục Topica”) is a multinational educational technology company. It provides online education solutions including Bachelor's Degree programs (Topica Uni), English speech tutoring courses (Topica Native) and technology platform for massive online open courses in a variety of fields (Edumall). Topica Edtech Group headquartered in Hanoi, Vietnam and has expanded into the Philippines, Singapore, Thailand, Indonesia and the United States.

Micro Benefits

Convertible Note in 2018
Micro Benefits China specializes in providing tailored employee benefits and loyalty programs designed for blue-collar workers in China. Utilizing technology platforms such as smartphone applications and messaging services, the company offers a variety of products, including low-interest short-term loans, affordable insurance options, educational programs for skill enhancement, and discounts on everyday necessities. These services aim to address key issues such as recruitment and retention, employee satisfaction, and communication within companies. Additionally, Micro Benefits China features a gamified app that delivers training and personal development courses, enabling workers to enhance their skills in an engaging manner while allowing employers to benefit from increased productivity and reduced training expenses. Founded in 2010 and headquartered in Suzhou, China, the company focuses on improving the overall work experience for both employees and employers.

Micro Benefits

Series C in 2018
Micro Benefits China specializes in providing tailored employee benefits and loyalty programs designed for blue-collar workers in China. Utilizing technology platforms such as smartphone applications and messaging services, the company offers a variety of products, including low-interest short-term loans, affordable insurance options, educational programs for skill enhancement, and discounts on everyday necessities. These services aim to address key issues such as recruitment and retention, employee satisfaction, and communication within companies. Additionally, Micro Benefits China features a gamified app that delivers training and personal development courses, enabling workers to enhance their skills in an engaging manner while allowing employers to benefit from increased productivity and reduced training expenses. Founded in 2010 and headquartered in Suzhou, China, the company focuses on improving the overall work experience for both employees and employers.

JupViec.vn

Venture Round in 2018
JupViec.vn, founded in 2012 and headquartered in Hanoi, Vietnam, is a prominent provider of housekeeping services. Often referred to as the "Uber for maids," the company seeks to reduce costs associated with housekeeping while simultaneously generating employment opportunities in the sector. JupViec.vn has garnered attention for its innovative approach and has successfully attracted seed funding from CyberAgent Ventures of Japan, marking it as the first household service startup in Vietnam to receive foreign investment.

Kalibrr

Convertible Note in 2018
Kalibrr is a recruitment business innovating services and technologies to help companies consistently recruit the best talent. They achieve recruitment transformations through an end-to-end portfolio of services including a premium jobs portal, world-class recruitment system, employer branding and powerful online assessments. Founded by Paul Rivera and Dexter Ligot-Gordon in January 2012, Kalibrr had received a significant in seed funding from Sillicon Valley startup incubators and investors such as; Kickstart Ventures, eBay's Pierre Omidyar, Globe Telecom's, Sillicon Valley Y Combinator and Filipino Angel investor Nix Nolledo of Xurpas.

Jana Care

Series A in 2018
Jana Care, Inc. is focused on addressing chronic diseases, particularly diabetes and obesity, through its mobile point-of-care diagnostic platform. The company's offerings include The Aina Device, a self-monitoring tool for home use, and The Aina Station, designed for clinical settings. These solutions enable users to perform a variety of tests, such as blood glucose, HbA1c, lipid profiles, creatinine, and hemoglobin. Additionally, Jana Care provides The Habits Program, a twelve-week digital coaching initiative aimed at managing diabetes and pre-diabetes. By integrating mobile technology with diagnostics and behavior change strategies, Jana Care delivers a comprehensive approach to health management, allowing users to monitor their health and receive personalized care plans. Established in 2011, the company operates from its headquarters in Boston, Massachusetts, and has a presence in Bengaluru, India.

ErudiFi

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.

Shotang

Venture Round in 2018
Shotang is an on-cloud marketplace which aims to revolutionize the order fulfillment processes in traditional distribution channels through technology and aggregation of resellers & consumer brands. We are a young and energetic company based in Bangalore which is helping more than 50,000 resellers and 130 companies on its network to grow their business, across India.

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.

Kinara Capital

Series C in 2017
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.

Kinara Capital

Private Equity Round in 2017
Kinara Capital provides flexible loans without property collateral to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. Kinara Capital focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights with a human touch. Led by a women-majority management team, Kinara Capital has impacted over half a million lives in India. Kinara Capital was founded on 2011 and is headquartered in Bangalore, Karnataka, India.

SwipeRx

Series A in 2017
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

Big Tree Farms

Series C in 2017
Big Tree Farms, Inc. is a producer and distributor of various tropical food products, including coconut sugar, raw cacao, and alternative sweeteners. The company collaborates with over 13,000 small farmers, fostering transparent and equitable supply relationships. Its product offerings extend to organic seasoning sauces, marinades, and cold-processed nutrition made from whole plants. Big Tree Farms operates in the United States, Bali, and Indonesia, distributing its products through both retail and online channels. Founded in 2000 and based in Hinesburg, Vermont, the company focuses on sustainable practices, harvesting flower nectar from thriving food forests while prioritizing soil health and tree conservation.
Lawrencedale Agro Processing is an end-to-end service provider in the fruit and vegetable industry. The company is dedicated to the betterment of agro-processing and has evolved an integrated approach encompassing farming practices providing genetically superior planting materials, offering technical support to reduce post-harvest loss, providing cold storage facilities and deploying state-of-the-art facilities for processing, packaging and transporting the commodity to end-user. Lawrencedale Agro Processing is engaged in community farming and distribution of vegetables and fruits to retailers. It also offers beetroot, tomato, potatoes, banana, carrots, garlic, okra, cabbages, and other food products. It works with farmers to enrich the soil, leading to substantial, and engage them on bio-alternate inputs increase in the quality of the fresh produce. Lawrencedale Agro Processing was founded in 2009 and is based in Chennai, Tamil Nadu, India.
Lawrencedale Agro Processing is an end-to-end service provider in the fruit and vegetable industry. The company is dedicated to the betterment of agro-processing and has evolved an integrated approach encompassing farming practices providing genetically superior planting materials, offering technical support to reduce post-harvest loss, providing cold storage facilities and deploying state-of-the-art facilities for processing, packaging and transporting the commodity to end-user. Lawrencedale Agro Processing is engaged in community farming and distribution of vegetables and fruits to retailers. It also offers beetroot, tomato, potatoes, banana, carrots, garlic, okra, cabbages, and other food products. It works with farmers to enrich the soil, leading to substantial, and engage them on bio-alternate inputs increase in the quality of the fresh produce. Lawrencedale Agro Processing was founded in 2009 and is based in Chennai, Tamil Nadu, India.

Shotang

Series A in 2015
Shotang is an on-cloud marketplace which aims to revolutionize the order fulfillment processes in traditional distribution channels through technology and aggregation of resellers & consumer brands. We are a young and energetic company based in Bangalore which is helping more than 50,000 resellers and 130 companies on its network to grow their business, across India.

Big Tree Farms

Series C in 2015
Big Tree Farms, Inc. is a producer and distributor of various tropical food products, including coconut sugar, raw cacao, and alternative sweeteners. The company collaborates with over 13,000 small farmers, fostering transparent and equitable supply relationships. Its product offerings extend to organic seasoning sauces, marinades, and cold-processed nutrition made from whole plants. Big Tree Farms operates in the United States, Bali, and Indonesia, distributing its products through both retail and online channels. Founded in 2000 and based in Hinesburg, Vermont, the company focuses on sustainable practices, harvesting flower nectar from thriving food forests while prioritizing soil health and tree conservation.

iCare Group

Venture Round in 2014
iCare Beneifts is a for-profit social enterprise which enables manufacturers, social organizations, banks and service providers to serve workers at the bottom of economic pyramid. iCARE BENEFITS IS A BREAKTHROUGH EMPLOYEE BENEFITS SOLUTION FOR DEVELOPING COUNTRIES. iCB provides workers an employee benefits program at their workplace. With iCare Benefits, workers can access essential products and services that improve quality of life for both themselves and their families and contribute to their professional growth and productivity. iCare Benefits aims to give employees immediate access to essential products and services that will improve their quality of life and well being and enable Comfortable, Healthy, Smart and Prosperous Living both in the workplace and at home. Workers’ life will be improved along with the sustainable development of companies which have signed up for iCare Benefits Cooperation Agreeement. iCare Benefits’ products and services are aimed to help low- and moderate-income workers gain access to life quality improvement, healthcare, work more efficiently, widen knowledge, enhance skills, learn problem solving, positive thinking, self-motivation, interpersonal skills, etc.

iCare Group

Series A in 2014
iCare Beneifts is a for-profit social enterprise which enables manufacturers, social organizations, banks and service providers to serve workers at the bottom of economic pyramid. iCARE BENEFITS IS A BREAKTHROUGH EMPLOYEE BENEFITS SOLUTION FOR DEVELOPING COUNTRIES. iCB provides workers an employee benefits program at their workplace. With iCare Benefits, workers can access essential products and services that improve quality of life for both themselves and their families and contribute to their professional growth and productivity. iCare Benefits aims to give employees immediate access to essential products and services that will improve their quality of life and well being and enable Comfortable, Healthy, Smart and Prosperous Living both in the workplace and at home. Workers’ life will be improved along with the sustainable development of companies which have signed up for iCare Benefits Cooperation Agreeement. iCare Benefits’ products and services are aimed to help low- and moderate-income workers gain access to life quality improvement, healthcare, work more efficiently, widen knowledge, enhance skills, learn problem solving, positive thinking, self-motivation, interpersonal skills, etc.

Micro Benefits

Series B in 2014
Micro Benefits China specializes in providing tailored employee benefits and loyalty programs designed for blue-collar workers in China. Utilizing technology platforms such as smartphone applications and messaging services, the company offers a variety of products, including low-interest short-term loans, affordable insurance options, educational programs for skill enhancement, and discounts on everyday necessities. These services aim to address key issues such as recruitment and retention, employee satisfaction, and communication within companies. Additionally, Micro Benefits China features a gamified app that delivers training and personal development courses, enabling workers to enhance their skills in an engaging manner while allowing employers to benefit from increased productivity and reduced training expenses. Founded in 2010 and headquartered in Suzhou, China, the company focuses on improving the overall work experience for both employees and employers.