Golden Gate Ventures

Golden Gate Ventures Pte. Ltd. is a Singapore-based venture capital firm and incubator that specializes in seed and early-stage investments across various sectors in Southeast Asia, including e-commerce, mobile applications, healthcare, and B2B SaaS platforms. Founded in 2011 by Jeffrey Paine, Paul Bragiel, and Vinnie Lauria, the firm targets companies that have launched products or established valuable distribution partnerships. Golden Gate Ventures invests between $0.25 and $5 million per portfolio company, typically taking minority equity stakes. Its investment focus extends across key markets such as Singapore, Indonesia, Thailand, Hong Kong, and Taiwan. With additional offices in Jakarta, San Francisco, and Kuala Lumpur, the firm aims to support innovative internet and mobile startups in their growth and development.

Jeffrey Chua

Principal

Justin Hall

Partner

Vinnie Lauria

Founding Partner

Michael Lints

Partner

Jeffrey Paine

Co-Founder & Partner

Freddy Shen

Associate

Mahesha Subramaniam

Investor Relations Professional

Angela Toy

Partner, Portfolio Growth

Andri Wardhani

Associate

Past deals in Indonesia

PT Indopasifik Teknologi Medika Indonesia (ITMI) is a closed-door digital pharmacy. ITMI runs two brands: Lifepack, a digital pharmacy specializing in chronic diseases such as hypertension, diabetes, stroke, heart, and other chronic diseases. Jovee is a supplement recommendation engine based on science. Doctors, nutritionists, and pharmacists are foreseeing the quality of the supplements.

Klinik Pintar

Series A in 2021
Klinik Pintar is a health technology company that operates a digital clinic network, collaborating with Smart Clinic and PB IDI. It serves as an operational partner for clinics, enhancing patient services through digital solutions. The company connects patients, doctors, and healthcare providers, facilitating access to healthcare via physical clinic chains and digital services. Klinik Pintar provides an outpatient management platform that helps healthcare providers streamline polyclinic operations, including patient registrations, queue management, appointment scheduling, and doctor availability. By improving manual processes, Klinik Pintar enables hospitals to enhance efficiency while making it easier for patients to access healthcare and testing services.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Sampingan

Series A in 2021
Sampingan is an Indonesian company that connects businesses through their platform with selected and trained freelancers for easily doable task-based jobs that provides agents with temporary work. The company was founded in 2018 and is based in Jakarta, Indonesia.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Alodokter

Series C in 2020
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

BukuWarung

Seed Round in 2020
BukuWarung is a technology startup founded in 2019 by Chinmay Chauhan and Abhinay Peddisetty in Jakarta, Indonesia. The company offers an accounting and credit management app tailored for micro-businesses, allowing them to efficiently track their financial transactions, including sales, expenses, and customer accounts. The platform integrates digital payment solutions, which facilitate cash and credit management for small merchants. By automating payment reminders, BukuWarung helps users achieve faster repayments and improved cash flow, while also providing essential business reports to enhance financial visibility. Overall, BukuWarung's services empower small businesses to maintain accurate records and streamline their financial operations.

GoPlay

Series A in 2020
GoPlay provides Indonesian consumers access to local movies and shows, with genres ranging from soaps to horror.

Gojek

Series F in 2020
Gojek, founded in 2010 and headquartered in Jakarta, Indonesia, operates as a Super App that offers a wide range of services, including food delivery, transportation, digital payments, shopping, and various on-demand services. Launched in 2015, the Gojek app has rapidly become the largest consumer transactional technology platform in Southeast Asia, driven by its focus on speed, innovation, and social impact. The company aims to empower the informal sector in the region while serving diverse markets such as transport, logistics, food, and entertainment. Gojek has established itself as a leading player in the on-demand economy, contributing significantly to the growth of digital services in Southeast Asia.

BukuWarung

Seed Round in 2020
BukuWarung is a technology startup founded in 2019 by Chinmay Chauhan and Abhinay Peddisetty in Jakarta, Indonesia. The company offers an accounting and credit management app tailored for micro-businesses, allowing them to efficiently track their financial transactions, including sales, expenses, and customer accounts. The platform integrates digital payment solutions, which facilitate cash and credit management for small merchants. By automating payment reminders, BukuWarung helps users achieve faster repayments and improved cash flow, while also providing essential business reports to enhance financial visibility. Overall, BukuWarung's services empower small businesses to maintain accurate records and streamline their financial operations.

TaniHub

Series A in 2020
TaniHub is a B2B agriculture marketplace that connects farmers with food, hotel, restaurant, and catering business people. It offers an e-commerce platform for agricultural products and empowers local farmers by providing market access and financial access. Through TaniHub, local farmers can sell their crops to individuals as well as micro, small, and medium enterprises (MSMEs) in various regions. Headquartered in Jakarta, Jakarta Raya, co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan founded it in 2015.

Chilibeli

Series A in 2020
Chilibeli is a social commerce platform that connects manufacturers/farmers with agents directly through various messaging tools. The company empowers farmers and its network of agents to earn extra income with ease and flexibility by streamlining the end-to-end supply chain. It aims to help more local farmers, agents, and consumers benefit from the social economy. The company was founded in 2019 by Alex Feng, Damon Yue, and Matt Li. It is based in Setiabudi, Jakarta,

ALAMI

Seed Round in 2019
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Paper.id

Series A in 2019
Paper.id is a software-as-a-service platform that offers a comprehensive solution for small and medium enterprises (SMEs) in Indonesia, focusing on invoicing, accounting, and inventory management. It provides a free application that integrates digital payments and supply chain analysis, utilizing machine learning to streamline workflows and enhance operational efficiency. The platform enables entrepreneurs to create and send invoices, manage their order-to-pay processes, and generate financial reports promptly. Additionally, Paper.id offers features such as co-branded business cards in partnership with BRI and access to financing options, addressing common administrative challenges and improving cash flow for businesses.

Alodokter

Series C in 2019
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Sampingan

Seed Round in 2019
Sampingan is an Indonesian company that connects businesses through their platform with selected and trained freelancers for easily doable task-based jobs that provides agents with temporary work. The company was founded in 2018 and is based in Jakarta, Indonesia.

TaniHub

Series A in 2019
TaniHub is a B2B agriculture marketplace that connects farmers with food, hotel, restaurant, and catering business people. It offers an e-commerce platform for agricultural products and empowers local farmers by providing market access and financial access. Through TaniHub, local farmers can sell their crops to individuals as well as micro, small, and medium enterprises (MSMEs) in various regions. Headquartered in Jakarta, Jakarta Raya, co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan founded it in 2015.

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.

Sampingan

Seed Round in 2019
Sampingan is an Indonesian company that connects businesses through their platform with selected and trained freelancers for easily doable task-based jobs that provides agents with temporary work. The company was founded in 2018 and is based in Jakarta, Indonesia.

Funding Societies

Series B in 2018
Funding Societies Pte. Ltd. is a peer-to-peer financing platform based in Singapore, founded in 2015. It connects investors with small and medium-sized enterprises (SMEs) seeking funding, thereby addressing financial inclusion challenges and making credit-worthy SMEs more bankable. The platform offers a range of flexible financing options, including micro and term loans, as well as invoice financing, supported by advanced credit scoring and risk assessment models. Since its inception, Funding Societies has facilitated over 3.3 million business loans, amounting to more than S$1.8 billion in funding. The company has received multiple accolades, including the Global Excellence Award from ITU Telecom, and holds operating licenses from regulators in Singapore, Indonesia, and Malaysia, making it a pioneer in the region's peer-to-peer lending landscape.

Printerous

Seed Round in 2017
Printerous provides online printing services for business and personal needs. The company produces printed goods ranging from personal and art printing, to business printing, such as business cards, calendars, banners and signs, brochures, flyers, T-shirt, poster, letterhead, envelope, booklets, stickers, stamp cards, greeting cards, vouchers, promotional goods, and clothing products. It serves corporate, food and beverages, and event sectors. The company was founded in 2012 and is based in Jakarta Barat, Indonesia.

Gadjian

Venture Round in 2016
Gadjian is a cloud-based payroll and HR management application for small and medium enterprises in Indonesia. Its application accommodates various HR management and payroll needs of Indonesian companies, including companies running weekly and monthly payroll, companies with and without overtime policy, companies applying PPh 21 (or not), and companies with BPJS (or not). The company manages and stores a range of organizational, financial, and personal information on behalf of employers for the purposes of processing their payroll; and provides employees with access to their own payroll information (pay-slips). Gadjian was founded in 2012 and is based in South Jakarta, Indonesia.

Coda Payments

Series A in 2016
Coda Payments Pte Ltd. is a Singapore-based company that provides mobile payment solutions for online digital content and services, primarily targeting emerging markets. Established in 2011, Coda enables digital content providers to monetize their offerings through a variety of payment channels. The company is known for its integration with popular gaming titles such as PUBG Mobile and Call of Duty: Mobile, as well as streaming services like beIN and Bigo Live. Users can make payments through its platform Codapay, which offers direct carrier billing and access to a wide network of alternative payment options. Additionally, Coda operates Codashop, a platform frequented by over 11 million users monthly for topping up games and services. The company collaborates with various e-commerce, telecommunications, and super app partners to enhance access to premium digital content. Coda Payments serves clients across numerous countries, including Indonesia, India, Brazil, and Egypt, and maintains a presence in Singapore, Jakarta, and Bangkok.

Alodokter

Series A in 2016
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Laku6

Convertible Note in 2016
PT. Laku6 Online Indonesia provides online buying and selling of gadgets. The company is based in Tebet, Indonesia.

Indotrading

Series B in 2015
IndoTrading.com is a company and business directory website, not a buy-and-sell website. This site is established to help marketization of SME’s products and services online locally, as well as internationally. We provide some sophisticated marketing services to help business owners to compete digitally, such as Search Engine Optimization, Google AdWords, etc. Beside promoting, we also provide Web Design and Hosting service, all to enhance your business growth. We have more than 52.000 companies registered and more than 355.000 products being advertised online. IndoTrading.com won Best Graduates in Founder Institute Third Batch in Jakarta.

GoQuo

Venture Round in 2015
GoQuo (M) Sdn Bhd is a travel technology company based in Kuala Lumpur, Malaysia, with additional offices in India, Vietnam, Indonesia, and Turkey. Founded in 2002, GoQuo specializes in providing e-retail solutions for airlines and online travel agencies. Its offerings include a Flight Booking Engine, which can be customized to meet client needs, and a Dynamic Holiday Packaging solution that allows for the bundling of travel components without revealing individual prices. The company also features a Tour Management System that enables clients to create static packages based on available inventory. Additionally, GoQuo provides supplier management, fulfillment, and e-consultancy services, facilitating a seamless digital shopping experience for users. Its cloud-based platform is designed for rapid adaptation to changing market demands and is compatible with various third-party suppliers, enabling comprehensive travel bookings that encompass flights, hotels, car rentals, and ancillary services.

Laku6

Seed Round in 2015
PT. Laku6 Online Indonesia provides online buying and selling of gadgets. The company is based in Tebet, Indonesia.

Xendit

Seed Round in 2015
Xendit provides payments infrastructure in South East Asia. They have an end to end solution that allows modern businesses to accept payments through cards and bank transfers, manage funds through escrow/custodian accounts and disburse funds through the fastest pipes in the markets they serve. This means they deliver frictionless payments across tech and traditional businesses.

Alodokter

Seed Round in 2015
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Indotrading

Series A in 2015
IndoTrading.com is a company and business directory website, not a buy-and-sell website. This site is established to help marketization of SME’s products and services online locally, as well as internationally. We provide some sophisticated marketing services to help business owners to compete digitally, such as Search Engine Optimization, Google AdWords, etc. Beside promoting, we also provide Web Design and Hosting service, all to enhance your business growth. We have more than 52.000 companies registered and more than 355.000 products being advertised online. IndoTrading.com won Best Graduates in Founder Institute Third Batch in Jakarta.

Bilna

Private Equity Round in 2014
EASY & FUN WAY TO SHOP FOR YOUR BABY NEEDS. Get the best price on their wide range of baby products, with easy & secure payment, and fast & reliable shipping.

Coda Payments

Series A in 2013
Coda Payments Pte Ltd. is a Singapore-based company that provides mobile payment solutions for online digital content and services, primarily targeting emerging markets. Established in 2011, Coda enables digital content providers to monetize their offerings through a variety of payment channels. The company is known for its integration with popular gaming titles such as PUBG Mobile and Call of Duty: Mobile, as well as streaming services like beIN and Bigo Live. Users can make payments through its platform Codapay, which offers direct carrier billing and access to a wide network of alternative payment options. Additionally, Coda operates Codashop, a platform frequented by over 11 million users monthly for topping up games and services. The company collaborates with various e-commerce, telecommunications, and super app partners to enhance access to premium digital content. Coda Payments serves clients across numerous countries, including Indonesia, India, Brazil, and Egypt, and maintains a presence in Singapore, Jakarta, and Bangkok.

Coda Payments

Seed Round in 2012
Coda Payments Pte Ltd. is a Singapore-based company that provides mobile payment solutions for online digital content and services, primarily targeting emerging markets. Established in 2011, Coda enables digital content providers to monetize their offerings through a variety of payment channels. The company is known for its integration with popular gaming titles such as PUBG Mobile and Call of Duty: Mobile, as well as streaming services like beIN and Bigo Live. Users can make payments through its platform Codapay, which offers direct carrier billing and access to a wide network of alternative payment options. Additionally, Coda operates Codashop, a platform frequented by over 11 million users monthly for topping up games and services. The company collaborates with various e-commerce, telecommunications, and super app partners to enhance access to premium digital content. Coda Payments serves clients across numerous countries, including Indonesia, India, Brazil, and Egypt, and maintains a presence in Singapore, Jakarta, and Bangkok.