East Ventures

East Ventures, established in 2009, is a leading, sector-agnostic venture capital firm headquartered in Tokyo with offices in Singapore and Indonesia. It provides multi-stage investment, from Seed to Growth, to over 300 tech companies across Southeast Asia. East Ventures is renowned for being an early backer of prominent regional tech companies like Tokopedia, Traveloka, and Ruangguru. It has been recognized as the most active investor in Southeast Asia and Indonesia, and the most consistent top-performing VC fund globally. Committed to sustainable development, East Ventures is Indonesia's first venture capital firm to sign the Principles of Responsible Investment (PRI), supported by the United Nations (UN).

Gavin Adrian

Investment Professional

David Audy

Operating Partner

Willson Cuaca

Co-Founder and Managing Partner

Batara Eto

Co-Founder and Managing Partner

Devina Halim

Principal

Sang-Uh Han

Partner

Melisa Irene

Partner

Takeshi Kaneko

Managing Partner

Wai Kit Koh

Managing Partner

Yinwei Liang

Principal

Taiga Matsuyama

Co-Founder and Managing Partner

Jumpei Mouri

Director

Roderick Purwana

Managing Partner

Avina Sugiarto

Partner

Emily Tampi

Managing Director, Finance

Wesley Tay

Principal

Jordy Tenka

Investment Professional

Jordy Tenka

Investment Professional

Zhengyi Zhu

Investment Professional

Past deals in Peer to Peer

Alami

Series B in 2023
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.

Huddle01

Seed Round in 2023
Huddle01 is a company focused on creating a decentralized audio and video communication network that eliminates the need for centralized servers in video calls. It offers a suite of developer-friendly SDKs that enable high-quality audio and video communication across different blockchain networks. Huddle01 also provides a video meeting application that facilitates wallet-to-wallet video communication, ensuring users can connect directly while maintaining data privacy. The platform includes features such as token-gating, live streaming, and decentralized storage, with plans for additional enhancements in the future. By prioritizing peer-to-peer interactions, Huddle01 aims to deliver live and interactive experiences for its users while addressing privacy concerns in digital communication.

Komunal

Series B in 2023
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Alami

Series B in 2022
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.

KoinWorks

Series C in 2022
KoinWorks is a prominent financial technology company in Indonesia, recognized for its innovative approach to financial services. It operates a peer-to-peer lending platform that facilitates connections between investors and borrowers, offering loans for various purposes, including business ventures, healthcare needs, and educational pursuits. KoinWorks aims to provide accessible and affordable financial solutions through a comprehensive app that allows users to manage both assets and liabilities in one place. The company has received accolades for its contributions to financial innovation, including the Asian Banker Financial Innovation Award in 2019 for its lending services. Through its efficient online system, KoinWorks seeks to enhance financial inclusivity and empower individuals and businesses in their financial journeys.

Komunal

Series A in 2021
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Komunal

Seed Round in 2019
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

JULO

Series A in 2019
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

Portl Japan

Seed Round in 2019
Portl, Inc. is a boat sharing service founded on January 16, 2019, and is based in Japan. The company connects individuals seeking to rent or maneuver boats, facilitating a platform for users to share and access various types of watercraft. Portl aims to enhance the boating experience by making it more accessible and convenient for both boat owners and renters.

JULO

Series A in 2018
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

JULO

Seed Round in 2017
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

Airfrov

Seed Round in 2017
Airfrov is a peer-to-peer marketplace that connects shoppers with travelers to facilitate the purchase of international brands and unique items. Founded by Cai Li, the platform arose from a personal experience of helping a friend acquire beauty products and local snacks while traveling. Airfrov enables shoppers to access products from around the globe without the challenges of shipping restrictions or forwarding services. By leveraging a network of travelers, shoppers can obtain their desired items while allowing travelers to earn extra income through their purchases. The platform aims to simplify the process of obtaining overseas goods, fostering a community that benefits both shoppers and travelers alike.

Airfrov

Seed Round in 2016
Airfrov is a peer-to-peer marketplace that connects shoppers with travelers to facilitate the purchase of international brands and unique items. Founded by Cai Li, the platform arose from a personal experience of helping a friend acquire beauty products and local snacks while traveling. Airfrov enables shoppers to access products from around the globe without the challenges of shipping restrictions or forwarding services. By leveraging a network of travelers, shoppers can obtain their desired items while allowing travelers to earn extra income through their purchases. The platform aims to simplify the process of obtaining overseas goods, fostering a community that benefits both shoppers and travelers alike.

MoolahSense

Seed Round in 2015
MoolahSense Private Limited operates a peer-to-peer lending platform based in Singapore, established in 2013. The platform connects businesses, particularly small and medium-sized enterprises (SMEs), with investors who provide funding in exchange for interest. It aims to stimulate economic growth by offering digital lending services that cater to the financial needs of SMEs, such as capital expansion and equipment purchases. By fostering a trusted environment for crowd-lending, MoolahSense enhances the ability of lenders to engage confidently with borrowers, thereby promoting entrepreneurship and financial inclusivity.

Mercari

Series C in 2014
Mercari, Inc. is a leading marketplace application operating in Japan, the United States, and the United Kingdom. Founded in 2013 and based in Tokyo, the company facilitates the buying and selling of new and used items, including electronics, clothing, and books, through its user-friendly mobile platform. Mercari has gained significant traction, with over 100 million downloads and a strong presence as one of the largest peer-to-peer selling platforms globally. In Japan, it dominates the consumer-to-consumer (C2C) marketplace, holding over 70% of the market share and reporting more than 22 million monthly active users. In fiscal year 2022, the application recorded a gross merchandise value of over JPY 893 billion, with the domestic segment contributing over 95% of its total GMV. Furthermore, Mercari is involved in the development and management of internet services, enhancing its position as a comprehensive solution for consumers looking to engage in the second-hand goods market.

Mercari

Seed Round in 2013
Mercari, Inc. is a leading marketplace application operating in Japan, the United States, and the United Kingdom. Founded in 2013 and based in Tokyo, the company facilitates the buying and selling of new and used items, including electronics, clothing, and books, through its user-friendly mobile platform. Mercari has gained significant traction, with over 100 million downloads and a strong presence as one of the largest peer-to-peer selling platforms globally. In Japan, it dominates the consumer-to-consumer (C2C) marketplace, holding over 70% of the market share and reporting more than 22 million monthly active users. In fiscal year 2022, the application recorded a gross merchandise value of over JPY 893 billion, with the domestic segment contributing over 95% of its total GMV. Furthermore, Mercari is involved in the development and management of internet services, enhancing its position as a comprehensive solution for consumers looking to engage in the second-hand goods market.
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