East Ventures

East Ventures is a venture capital firm founded in 2009, with offices in Singapore, Tokyo, and Jakarta. The firm specializes in seed, early-stage, and Series A investments, focusing on technology and consumer sectors, including fintech, e-commerce, and education technology, primarily in Southeast Asia. East Ventures has supported over 170 companies across the region, with notable investments in Indonesia's unicorns such as Tokopedia and Traveloka. The firm typically invests between $0.1 million and $0.5 million and has been recognized for its consistent performance, being named the most active investor in Southeast Asia. In 2018, it launched a joint venture called EV Growth, aimed at providing growth capital to startups throughout Southeast Asia. East Ventures continues to play a significant role in nurturing the startup ecosystem in the region.

Gavin Adrian

Investment Professional

David Audy

Operating Partner

Batara Eto

Co-Founder and Managing Partner

Devina Halim

Principal

Sang-Uh Han

Partner

Tomoki Hirata

Principal

Wai Kit Koh

Managing Partner

Yinwei Liang

Principal

Taiga Matsuyama

Co-Founder and Managing Partner

Jumpei Mouri

Director

Yoshiharu Okubo

Principal

Avina Sugiarto

Partner

Emily Tampi

Managing Director, Finance

Wesley Tay

Principal

Jordy Tenka

Investment Professional

Alda Wardhana

Principal

Zhengyi Zhu

Investment Professional

Past deals in Collaborative Consumption

Bioma

Pre Seed Round in 2022
Bioma operates an on-demand product marketplace that offers a wide range of quality goods, including electronics, furniture, and kitchen appliances. The company provides a flexible rental model, allowing customers to access necessary assets without the burden of ownership. By utilizing a pay-per-use system, businesses can save costs by paying only for the products they use, making the rental process both hassle-free and economically advantageous. This approach caters to the needs of various users seeking convenient and efficient solutions for their product requirements.

Akronym

Series A in 2022
Specialty coffee has become part of our daily routines in the most positive way. We now have access to what they want the most -- choices. In recent years, roasters have explored new ways to share coffees, making them more accessible and delicious without all the fuss. Enter specialty coffee-filled Nespresso® compatible capsules that open the palate to discovering new tastes and experiences.

EQUO

Seed Round in 2022
EQUO creates a product that has minimal impact on the environment. It provides a variety of truly eco-friendly solutions for everyday items by providing products that are 100% natural, plastic-free, non-toxic, chemical-free & biodegradable, and compostable.

Grupin

Seed Round in 2022
Grupin is a social commerce platform offering an interactive, community-based shopping experience to consumers.

Anyplace

Series A in 2022
Anyplace is a marketplace that provides flexible housing to digital nomads and millennials. Its mission to free people to live wherever they feel inspired to go by providing modern, dependable, turn-key living and accommodations anyplace in the world.

Ituloh!

Pre Seed Round in 2021
The first video commerce app for Indonesia! Ituloh is a localized, community-based visual recommendation engine activating millions of KOLs while allowing shoppers to complete the loop from browsing, discovery to purchase across lifestyle categories.

Douzo

Seed Round in 2021
douzo inc. specializes in the operation of C2C social commerce service 'Douzo'. It is based in Japan.

Flokq

Convertible Note in 2021
Flokq is an online real estate platform based in Jakarta, Indonesia, that aims to transform urban living by addressing housing challenges in cities. Founded in 2019, Flokq provides private rooms and living spaces in premium apartments, ensuring that city dwellers can access beautiful yet affordable homes. The company focuses on creating a sense of community by enabling individuals to connect with like-minded people, thereby combating feelings of isolation prevalent in urban environments. By offering convenient housing options without the burden of hefty deposits, Flokq seeks to make shared living more accessible and appealing, ultimately redefining the experience of urban residency.

Rentio

Venture Round in 2020
Rentio Inc. is an online platform based in Tokyo, Japan, that specializes in the leasing and rental of cameras and home appliances. Founded in 2015, the company offers a subscription-based service that allows customers to access a wide range of products without the need for outright purchases. Users can rent various items, including cameras and strollers, through monthly subscription packages, which also include options for unlimited exchanges. This model enables customers to try products before committing to a purchase, reducing the risk of buying items that may not meet their needs. Rentio aims to provide an affordable and flexible consumption system, making it easier for individuals to access high-quality equipment and appliances.

Waste4Change

Venture Round in 2019
Waste4Change is a waste management service provider in Indonesia focused on reducing landfill waste through technology and collaboration. The company aims to create a sustainable waste management ecosystem that supports a circular economy and promotes a waste-free environment. Its services encompass consultation, campaigning, and waste collection, along with innovative solutions for waste creation and recycling. By engaging with communities, Waste4Change seeks to offer responsible and sustainable waste management practices, contributing to the overall improvement of waste handling in the region.

CUMI

Seed Round in 2019
CUMI operates a rental marketplace based in Jakarta, Indonesia, that facilitates the borrowing and lending of a wide variety of goods and services. The platform includes categories such as automotive, electronics, apparel, home and garden, sports, and more, catering to diverse consumer needs. By aggregating verified vendors, CUMI streamlines the rental process, making it easier for users to find and access the items they require. This model not only supports renters in their search for goods but also enhances the market entry for service providers, ensuring a seamless experience for all participants in the rental ecosystem.

Anyplace

Seed Round in 2019
Anyplace is a marketplace that provides flexible housing to digital nomads and millennials. Its mission to free people to live wherever they feel inspired to go by providing modern, dependable, turn-key living and accommodations anyplace in the world.

CirCO

Seed Round in 2018
CirCO is a provider of co-working spaces in Ho Chi Minh City, offering a shared workspace designed to foster a supportive startup community. The facility spans 2,600 square meters and is equipped with modern amenities, including a kitchen, lounge area, and 24/7 access, ensuring comfort and functionality for its users. CirCO aims to cater to small and medium-sized enterprises by offering flexible pricing and payment terms, allowing businesses and entrepreneurs to access fully equipped office spaces without incurring high expenses. The environment encourages engagement and collaboration among members, contributing to a vibrant community for startups.

Airfrov

Seed Round in 2017
Airfrov operates a peer-to-peer marketplace that connects shoppers with travelers to facilitate the purchase of international products. Founded by Cai Li, the platform emerged from a personal experience of assisting a partner with acquiring beauty products and unique snacks during his travels. Airfrov enables shoppers to access their desired brands and items from around the globe without facing shipping restrictions or forwarding complications. Meanwhile, travelers can earn money by bringing these products back for shoppers, creating a mutually beneficial arrangement that enhances the shopping experience for both parties.

CoHive

Seed Round in 2017
CoHive, formerly known as EV Hive, is Indonesia's largest co-working space provider, founded in 2015 and headquartered in South Jakarta. The company operates a network of co-working spaces, co-living spaces, co-retail areas, and event venues across major cities, including Jakarta, Medan, Yogyakarta, and Bali, covering approximately 66,000 square meters. With around 9,000 members, primarily consisting of startups and small to medium enterprises, CoHive aims to foster a vibrant community that supports business growth. In addition to workspace solutions, CoHive organizes knowledge-sharing sessions and offers skill development programs, such as coding and UI/UX classes, in collaboration with relevant institutions. The company's leadership team includes Co-founder and CEO Jason Lee, Co-founder and CCO Ethan Choi, COO Erich Hirawan, and CRO Iris Wee.

Airfrov

Seed Round in 2016
Airfrov operates a peer-to-peer marketplace that connects shoppers with travelers to facilitate the purchase of international products. Founded by Cai Li, the platform emerged from a personal experience of assisting a partner with acquiring beauty products and unique snacks during his travels. Airfrov enables shoppers to access their desired brands and items from around the globe without facing shipping restrictions or forwarding complications. Meanwhile, travelers can earn money by bringing these products back for shoppers, creating a mutually beneficial arrangement that enhances the shopping experience for both parties.

Anyplace

Angel Round in 2015
Anyplace is a marketplace that provides flexible housing to digital nomads and millennials. Its mission to free people to live wherever they feel inspired to go by providing modern, dependable, turn-key living and accommodations anyplace in the world.

WhatWeLike

Seed Round in 2015
WhatWeLike is an online shopping community based in Jakarta, Indonesia, established in 2014. The platform facilitates connections among shoppers to assist in identifying the best products across various categories, including fashion, travel, and electronics. Instead of selling items directly, WhatWeLike collaborates with numerous e-commerce companies to present a curated selection of trending products based on community rankings. The site features a diverse array of items, such as clothing, accessories, beauty products, and electronics like smartphones and tablets. By leveraging a ranking algorithm, WhatWeLike helps users navigate the vast online marketplace, making it easier for them to discover popular and highly-rated items.

Oodle

Venture Round in 2015
Oodle is an online classifieds platform that facilitates buying and selling through a streamlined process. It aggregates more than 500,000 new listings daily from over 80,000 different websites, allowing buyers to view a wide range of products in one convenient location. For sellers, Oodle offers the ability to post listings across multiple sites simultaneously, enhancing visibility and reach. The platform operates as a social marketplace, providing users with both web and mobile applications to engage in transactions effectively.

Crevo

Seed Round in 2013
Crevo Inc. is a Tokyo-based company that operates a web-based platform facilitating language-free open crowdsourcing contests for custom design. Founded in 2012 and previously known as PurpleCow Inc., Crevo specializes in animation production services through a network of creators. The platform allows users to collaborate with freelancers to produce advertisements and promotional videos, leveraging a direct support system to enhance the creative process. By connecting clients with a diverse pool of talent, Crevo aims to provide innovative design solutions that cater to various needs around the globe.
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