Insignia Venture Partners

Insignia Venture Partners, established in 2017, is a Singapore-based venture capital firm. Led by former Sequoia Asia partner Yinglan Tan, the company focuses on early-stage investments in the technology sector across Southeast Asia. Its investment portfolio spans various sectors, including B2B, e-commerce, consumer, fintech, gaming, healthcare, logistics, and property technology, with a particular interest in software.

Trang Bui

Senior Investment Analyst

Samir Chaibi

Principal

Andri Lau

Investment Associate

Ridy Lie

Partner and Head, Technology

Yong Cheng Ong

Principal

Yinglan Tan

Founding Managing Partner

Past deals in ASEAN

SeIndonesia

Series A in 2025
Se’Indonesia is a fastest growing Indonesian Quick Service Restaurant chain. providing high-quality protein that is flavorful, nutritious, accessible, and affordable. The company specializes in smoked beef bowls, leveraging a proprietary smoking process that delivers distinct taste and aroma rooted in Indonesian culinary tradition. Founded with a vision to revolutionize the food industry, Se’Indonesia emphasizes product integrity, operational scalability, and efficient delivery formats. Through its commitment to honest cooking and accessible nutrition, the company is positioned to lead the next generation of quick-service food solutions across Indonesia and beyond.

First Circle

Series B in 2024
First Circle, founded in 2015 and based in Taguig, Philippines, specializes in providing financing solutions for small and medium enterprises (SMEs) across Southeast Asia. The company offers a range of services, including consumer lending, mortgages, and asset-based lending, with a focus on short-term loans that are collateral-free. First Circle aims to support business owners in their growth endeavors by leveraging advanced technology, data analytics, and a user-friendly online platform. Additionally, the company provides dedicated customer support and resources to foster a community of business owners, ultimately enhancing opportunities for SMEs to thrive.

BroilerX

Series A in 2024
BroilerX is a poultry technology startup that focuses on enhancing the operations of smallholder poultry farmers through precision and sustainable technology. Since its establishment in 2020, the company has collaborated with farmers on a contractual basis, providing smart technology services, technical expertise, live birds, and feed supplies. In return, farmers contribute labor, housing, and utilities for the poultry. This partnership mitigates risks associated with fluctuating market prices for poultry and feed ingredients, ensuring affordable access to nutritious poultry for families and the foodservice industry in Indonesia. BroilerX's offerings include smart farming applications, climate control systems, and management tools that help farmers improve feed conversion ratios, reduce mortality rates, and increase profitability. By working with thousands of independent poultry farmers, BroilerX supports the production of quality protein from family farms to local communities.

WIZ.AI

Series A in 2023
Wiz Holdings PTE. Ltd. is a Singapore-based company that specializes in developing artificial intelligence software solutions and chatbots aimed at enhancing customer service and operational efficiency for large corporations across Southeast Asia. Founded in 2019, the company provides a range of offerings, including a smart talkbot designed for telemarketing, customer care, and smart guidance. Additionally, Wiz Holdings delivers artificial intelligence as a service (AaaS) solutions focused on mobile office security and big data analysis to improve user behavior insights. With offices in Singapore, Nanjing, and Jakarta, the company leverages a diverse team of experts to advance its humanistic AI conversational technology, enabling businesses to enhance their communication channels and optimize data utilization in a cost-effective manner.

BroilerX

Seed Round in 2023
BroilerX is a poultry technology startup that focuses on enhancing the operations of smallholder poultry farmers through precision and sustainable technology. Since its establishment in 2020, the company has collaborated with farmers on a contractual basis, providing smart technology services, technical expertise, live birds, and feed supplies. In return, farmers contribute labor, housing, and utilities for the poultry. This partnership mitigates risks associated with fluctuating market prices for poultry and feed ingredients, ensuring affordable access to nutritious poultry for families and the foodservice industry in Indonesia. BroilerX's offerings include smart farming applications, climate control systems, and management tools that help farmers improve feed conversion ratios, reduce mortality rates, and increase profitability. By working with thousands of independent poultry farmers, BroilerX supports the production of quality protein from family farms to local communities.

Tentang Anak

Seed Round in 2023
Tentang Anak is a leading parenting technology company in Indonesia that focuses on creating a comprehensive child development ecosystem. The company connects parents with top pediatric and early childhood development experts to offer a curated selection of science-backed products and services aimed at enhancing children's physical and mental growth. Through its digital platform, Tentang Anak provides various resources including activities, growth trackers, free consultations, and nutritional menus, all designed to support parents in their child-rearing journey.

Eezee

Series A in 2022
Eezee Pte Ltd operates an online business-to-business (B2B) marketplace specializing in industrial hardware and supplies. Founded in 2016 and based in Singapore, the platform offers a diverse catalogue that includes drills, impact drivers, wrenches, power testing tools, ladders, trolleys, office stationery, and workplace safety equipment. By connecting local suppliers with corporate clients, Eezee streamlines the procurement process, allowing users to purchase necessary products with ease through a simple online interface. The marketplace enhances efficiency for both buyers and sellers, enabling secure transactions and effective product marketing within Southeast Asia.

Fazz

Series C in 2022
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

Eezee

Series A in 2022
Eezee Pte Ltd operates an online business-to-business (B2B) marketplace specializing in industrial hardware and supplies. Founded in 2016 and based in Singapore, the platform offers a diverse catalogue that includes drills, impact drivers, wrenches, power testing tools, ladders, trolleys, office stationery, and workplace safety equipment. By connecting local suppliers with corporate clients, Eezee streamlines the procurement process, allowing users to purchase necessary products with ease through a simple online interface. The marketplace enhances efficiency for both buyers and sellers, enabling secure transactions and effective product marketing within Southeast Asia.

Finhay

Series B in 2022
Finhay is a wealth management platform based in Hanoi, Vietnam, aimed at transforming how individual investors access financial products. Founded in 2017 by Huy Nghiem and Minh Tri Do, the platform allows users to make micro-investments in mutual funds, starting from as little as 50,000 Vietnamese Dong (approximately US$2.15). Utilizing advanced machine learning, Finhay provides personalized investment recommendations tailored to different risk preferences, enabling investors to accumulate and invest small amounts of capital flexibly. The platform is designed to assist retail investors in building their portfolios and securing their financial futures through convenient digital access to a variety of investment opportunities.

Credibook

Series A in 2022
Credibook is a startup focused on assisting Indonesian retail wholesalers in managing their financial operations through a digital debt logbook application. This platform aims to streamline the tracking of receivables and payables, enhancing the efficiency of inventory sourcing within the supply chain. The application offers various services, including debt record management, accounts payable and receivable tracking, personal debt management, and reminders for overdue payments. By digitizing these financial processes, Credibook enables business owners to effectively manage their operations using technology. The company plans to expand its reach across Indonesia and diversify its offerings to serve additional business sectors.

Igloohome

Series B in 2022
Igloohome Inc. specializes in the manufacture of security locks designed for both residential and commercial use, facilitating property management through innovative technology. The company offers several products, including the igloohome Smart Keybox, which serves short-term rental hosts and property owners, and the Smart Padlock, a remotely-managed security solution that enables convenient access control. Additionally, the Igloohome mobile app allows users to manage various locks, perform Bluetooth unlocks, generate and manage PIN codes, and monitor lock battery status. The Smart Keybox can be accessed via PIN code and Bluetooth. Igloohome markets its products through resellers and online channels. Founded in 2015, the company is headquartered in Singapore.

AwanTunai

Series A in 2022
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.

Tentang Anak

Seed Round in 2022
Tentang Anak is a leading parenting technology company in Indonesia that focuses on creating a comprehensive child development ecosystem. The company connects parents with top pediatric and early childhood development experts to offer a curated selection of science-backed products and services aimed at enhancing children's physical and mental growth. Through its digital platform, Tentang Anak provides various resources including activities, growth trackers, free consultations, and nutritional menus, all designed to support parents in their child-rearing journey.

RateS

Series A in 2022
RateS is a social commerce startup operating in Tier-2 and Tier-3 cities in rural Indonesia. The company has developed a membership-based platform that empowers individuals to establish mobile shops and generate income with minimal capital investment. By eliminating the need for stock, RateS offers an accessible opportunity for students, housewives, and aspiring entrepreneurs to earn additional income. The platform also includes various inventory management tools, enhancing the ability of its members to manage their businesses effectively. Through its innovative approach, RateS aims to foster entrepreneurship in underserved areas, contributing to economic growth and financial independence for its users.

WIZ.AI

Series A in 2022
Wiz Holdings PTE. Ltd. is a Singapore-based company that specializes in developing artificial intelligence software solutions and chatbots aimed at enhancing customer service and operational efficiency for large corporations across Southeast Asia. Founded in 2019, the company provides a range of offerings, including a smart talkbot designed for telemarketing, customer care, and smart guidance. Additionally, Wiz Holdings delivers artificial intelligence as a service (AaaS) solutions focused on mobile office security and big data analysis to improve user behavior insights. With offices in Singapore, Nanjing, and Jakarta, the company leverages a diverse team of experts to advance its humanistic AI conversational technology, enabling businesses to enhance their communication channels and optimize data utilization in a cost-effective manner.

Brankas

Series B in 2022
Brankas is a fintech company based in DKI Jakarta, Indonesia, founded in August 2016. It specializes in providing an open finance platform that facilitates access to modern financial services for consumers and businesses globally. Brankas offers a range of financial software solutions, including payment transfers, bill payments, and fund disbursement, tailored for e-commerce, small and medium enterprises, and larger corporations. The company’s technology enables banks and financial institutions to seamlessly integrate digital products and services into their operations through APIs and user dashboards, allowing for automated payment processing with a focus on enterprise-grade security. This approach helps clients manage their accounts and transactions efficiently, enhancing their overall financial capabilities.

Flip

Series B in 2021
PT. FLIP is a financial technology company based in Depok, Indonesia, founded in 2015. It operates an online platform that facilitates secure interbank fund transfers without any transaction fees. The application is designed to provide users with an efficient and seamless experience for various money transactions, allowing them to save on costs typically associated with interbank transfers. By focusing on innovative solutions, PT. FLIP aims to offer fair financial services that are accessible to a broad audience, enhancing the overall user experience in digital money transfer.

Brankas

Series B in 2021
Brankas is a fintech company based in DKI Jakarta, Indonesia, founded in August 2016. It specializes in providing an open finance platform that facilitates access to modern financial services for consumers and businesses globally. Brankas offers a range of financial software solutions, including payment transfers, bill payments, and fund disbursement, tailored for e-commerce, small and medium enterprises, and larger corporations. The company’s technology enables banks and financial institutions to seamlessly integrate digital products and services into their operations through APIs and user dashboards, allowing for automated payment processing with a focus on enterprise-grade security. This approach helps clients manage their accounts and transactions efficiently, enhancing their overall financial capabilities.

Ajaib

Series B in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

Lifepal

Series A in 2021
Lifepal is an online insurance marketplace based in South Jakarta, Indonesia, and is recognized as the largest in the country by traffic, attracting approximately 4 million monthly visitors as of 2020. Launched in March 2019, Lifepal offers a wide range of insurance products, including health, family, car, accident, education, life, and company insurances. The platform enables customers to compare policies, save on costs, and streamline the process of purchasing and utilizing insurance. Lifepal is committed to providing transparency in information and aims to deliver a convenient experience for users, making it easier for them to find and manage their insurance needs. Founded by alumni from notable companies such as Lazada, Y Combinator, and Rocket Internet, Lifepal has quickly established itself as a significant player in the Indonesian insurance market.

AwanTunai

Venture Round in 2021
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.

Verihubs

Seed Round in 2021
Verihubs is a company that develops digital infrastructure and offers a variety of AI-driven services tailored for financial services enterprises in Indonesia. Its platform focuses on helping businesses authenticate identities and verify the backgrounds of customers and companies. By providing access to customers' financial data, Verihubs enables its clients to make informed decisions based on verified customer information. This capability is essential for enhancing security and efficiency in financial transactions and services.

Float Foods

Seed Round in 2021
Float Foods is a Singaporean startup focused on creating plant-based food alternatives, specifically through its flagship product, OnlyEg, which serves as a substitute for chicken eggs. The company aims to provide nutritious and tasty alternatives to animal-based products, utilizing innovative food technology. OnlyEg is crafted from legumes-based proteins and consists of both egg yolk and egg white components, offering consumers a healthier option to fulfill their nutritional needs while promoting a more sustainable food system.

Eezee

Seed Round in 2021
Eezee Pte Ltd operates an online business-to-business (B2B) marketplace specializing in industrial hardware and supplies. Founded in 2016 and based in Singapore, the platform offers a diverse catalogue that includes drills, impact drivers, wrenches, power testing tools, ladders, trolleys, office stationery, and workplace safety equipment. By connecting local suppliers with corporate clients, Eezee streamlines the procurement process, allowing users to purchase necessary products with ease through a simple online interface. The marketplace enhances efficiency for both buyers and sellers, enabling secure transactions and effective product marketing within Southeast Asia.

Ajaib

Series A in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

Edmicro

Seed Round in 2021
Edmicro is an education technology company that operates an online learning platform tailored for Vietnamese students. Established in 2018 and based in Hanoi, the company offers a cloud-computing solution named Onluyen, which facilitates self-learning through personalized experiences. The platform features a virtual classroom, a digital library, smart reporting, microlearning modules, and assessments to track progress and outcomes. Edmicro's technology automates the creation of educational resources, aligning content with specific learning objectives while adapting to individual learners' profiles and knowledge gaps. This comprehensive approach aims to enhance students' ability to learn, practice, and master their subjects effectively.

Credibook

Seed Round in 2021
Credibook is a startup focused on assisting Indonesian retail wholesalers in managing their financial operations through a digital debt logbook application. This platform aims to streamline the tracking of receivables and payables, enhancing the efficiency of inventory sourcing within the supply chain. The application offers various services, including debt record management, accounts payable and receivable tracking, personal debt management, and reminders for overdue payments. By digitizing these financial processes, Credibook enables business owners to effectively manage their operations using technology. The company plans to expand its reach across Indonesia and diversify its offerings to serve additional business sectors.

Ajaib

Series A in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

PAYFAZZ

Series B in 2020
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.

Fazz

Series B in 2020
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

Propzy

Series A in 2020
Propzy is a comprehensive real estate platform operating in Vietnam, dedicated to facilitating property sales and leasing transactions. The platform integrates a marketplace for real estate with backend services that handle logistics, documentation, and transaction processes, thereby enhancing the overall customer experience. It capitalizes on Vietnam's high mobile and internet penetration rates, which have significantly increased since the rollout of 4G networks. Propzy's model focuses on direct communication between property owners and potential buyers or renters, utilizing social media to streamline real estate transactions. In 2017, Propzy reported substantial transaction volumes, facilitating $190 million in property transactions in the first quarter alone, with expectations of reaching $300 million in the second quarter. The company's founder, John Le, is a seasoned entrepreneur with a successful track record in technology and finance, having previously established notable ventures in North America before returning to Vietnam to innovate in the real estate market.

WIZ.AI

Series A in 2020
Wiz Holdings PTE. Ltd. is a Singapore-based company that specializes in developing artificial intelligence software solutions and chatbots aimed at enhancing customer service and operational efficiency for large corporations across Southeast Asia. Founded in 2019, the company provides a range of offerings, including a smart talkbot designed for telemarketing, customer care, and smart guidance. Additionally, Wiz Holdings delivers artificial intelligence as a service (AaaS) solutions focused on mobile office security and big data analysis to improve user behavior insights. With offices in Singapore, Nanjing, and Jakarta, the company leverages a diverse team of experts to advance its humanistic AI conversational technology, enabling businesses to enhance their communication channels and optimize data utilization in a cost-effective manner.

CheepCheep

Seed Round in 2019
CheepCheep Company Limited operates an online ticket booking platform tailored for the travel and tourism sector. Founded in 2014 and headquartered in Ho Chi Minh City, Vietnam, CheepCheep provides a web-based platform that enables users to search and book tickets for various attractions, activities, and local transportation across Vietnam and Southeast Asia. The platform is designed to cater to independent travelers, offering a simple and convenient way to access a wide range of outdoor activities and local experiences, enhancing their travel experience while ensuring affordability.

Eezee

Seed Round in 2019
Eezee Pte Ltd operates an online business-to-business (B2B) marketplace specializing in industrial hardware and supplies. Founded in 2016 and based in Singapore, the platform offers a diverse catalogue that includes drills, impact drivers, wrenches, power testing tools, ladders, trolleys, office stationery, and workplace safety equipment. By connecting local suppliers with corporate clients, Eezee streamlines the procurement process, allowing users to purchase necessary products with ease through a simple online interface. The marketplace enhances efficiency for both buyers and sellers, enabling secure transactions and effective product marketing within Southeast Asia.

Clavis Aurea Singapore

Seed Round in 2019
Clavis Aurea (Singapore) Pte. Ltd. is a Singapore-based company established in 2017 that specializes in developing enterprise software solutions for medium and large enterprises. The company offers the Beetrack application, which is available on both Android and iOS platforms, facilitating efficient asset and facilities management. Clavis Aurea provides various services, including intelligent asset management, smart office solutions, and business intelligence services. The Beetrack application allows users to access asset information anytime and anywhere, features QR code scanning for audits, enables the attachment of pictures, and supports notifications and work request creation related to assets. Additionally, the company focuses on asset forecasting, analysis, and performance optimization through automated reporting and interaction capabilities.

Cheap cheap

Seed Round in 2019
Cheap cheap is an Application to buy travel tickets in Vietnam and Southeast Asia.

Edmicro

Seed Round in 2019
Edmicro is an education technology company that operates an online learning platform tailored for Vietnamese students. Established in 2018 and based in Hanoi, the company offers a cloud-computing solution named Onluyen, which facilitates self-learning through personalized experiences. The platform features a virtual classroom, a digital library, smart reporting, microlearning modules, and assessments to track progress and outcomes. Edmicro's technology automates the creation of educational resources, aligning content with specific learning objectives while adapting to individual learners' profiles and knowledge gaps. This comprehensive approach aims to enhance students' ability to learn, practice, and master their subjects effectively.

Igloohome

Series B in 2019
Igloohome Inc. specializes in the manufacture of security locks designed for both residential and commercial use, facilitating property management through innovative technology. The company offers several products, including the igloohome Smart Keybox, which serves short-term rental hosts and property owners, and the Smart Padlock, a remotely-managed security solution that enables convenient access control. Additionally, the Igloohome mobile app allows users to manage various locks, perform Bluetooth unlocks, generate and manage PIN codes, and monitor lock battery status. The Smart Keybox can be accessed via PIN code and Bluetooth. Igloohome markets its products through resellers and online channels. Founded in 2015, the company is headquartered in Singapore.

YouTrip

Seed Round in 2019
YouTrip is a multi-currency mobile wallet that enables users to make overseas payments in over 150 currencies without incurring transaction fees. The YouTrip app allows users to exchange and store up to ten currencies at wholesale exchange rates, facilitating a straightforward financial experience for travelers. Developed by You Technologies Group, a financial technology startup based in Hong Kong and Singapore, YouTrip aims to simplify money management for individuals across Asia. By focusing on creating a mobile-only platform for consumer banking, YouTrip seeks to enhance the way people handle their finances while traveling, making it easier for them to manage their expenses and navigate currency exchanges seamlessly.

YukStay

Seed Round in 2019
YukStay is a technology-driven property company based in Jakarta Raya, Indonesia, that operates an online marketplace for apartment rentals. Founded in 2018, the company addresses the needs of apartment owners and urban communities seeking housing solutions. YukStay's platform facilitates co-living arrangements, aiming to provide affordable city living options. It features a searchable database that allows users to find, browse, and evaluate both domestic and commercial properties. By leveraging customer feedback and reviews, YukStay enables property buyers and sellers to make informed decisions, promoting transparency in the real estate market.

Carro

Series B in 2019
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Lifepal

Seed Round in 2019
Lifepal is an online insurance marketplace based in South Jakarta, Indonesia, and is recognized as the largest in the country by traffic, attracting approximately 4 million monthly visitors as of 2020. Launched in March 2019, Lifepal offers a wide range of insurance products, including health, family, car, accident, education, life, and company insurances. The platform enables customers to compare policies, save on costs, and streamline the process of purchasing and utilizing insurance. Lifepal is committed to providing transparency in information and aims to deliver a convenient experience for users, making it easier for them to find and manage their insurance needs. Founded by alumni from notable companies such as Lazada, Y Combinator, and Rocket Internet, Lifepal has quickly established itself as a significant player in the Indonesian insurance market.

Fore Coffee

Series A in 2019
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company focuses on transforming coffee consumption through technology, offering a unique experience to its customers. Each cup of coffee is brewed using freshly roasted Arabica beans, which are meticulously sourced and developed into a rich espresso blend. This commitment to quality enables consumers to enjoy a strong and flavorful coffee, setting Fore Coffee apart in the competitive coffee market.

Finhay

Seed Round in 2019
Finhay is a wealth management platform based in Hanoi, Vietnam, aimed at transforming how individual investors access financial products. Founded in 2017 by Huy Nghiem and Minh Tri Do, the platform allows users to make micro-investments in mutual funds, starting from as little as 50,000 Vietnamese Dong (approximately US$2.15). Utilizing advanced machine learning, Finhay provides personalized investment recommendations tailored to different risk preferences, enabling investors to accumulate and invest small amounts of capital flexibly. The platform is designed to assist retail investors in building their portfolios and securing their financial futures through convenient digital access to a variety of investment opportunities.

Propzy

Convertible Note in 2019
Propzy is a comprehensive real estate platform operating in Vietnam, dedicated to facilitating property sales and leasing transactions. The platform integrates a marketplace for real estate with backend services that handle logistics, documentation, and transaction processes, thereby enhancing the overall customer experience. It capitalizes on Vietnam's high mobile and internet penetration rates, which have significantly increased since the rollout of 4G networks. Propzy's model focuses on direct communication between property owners and potential buyers or renters, utilizing social media to streamline real estate transactions. In 2017, Propzy reported substantial transaction volumes, facilitating $190 million in property transactions in the first quarter alone, with expectations of reaching $300 million in the second quarter. The company's founder, John Le, is a seasoned entrepreneur with a successful track record in technology and finance, having previously established notable ventures in North America before returning to Vietnam to innovate in the real estate market.

Ajaib

Seed Round in 2019
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

PAYFAZZ

Venture Round in 2018
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.

AwanTunai

Series A in 2018
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.

Nusantara Technology

Series A in 2018
Nusantara Technology is a technology and media group created by Indonesians for the younger generation. The company believes that the youthful Indonesian generation has the potential to make a positive impact on Indonesia. Therefore, Nusantara Technology is responsible for shaping the mentality of the next generation by providing content and technology that will bring Indonesia to the forefront of innovation. Nusantara Technology is a gateway and one-stop solution to reach Gen-Z and the Millenial generation. Nusantara Technology is trusted by Fortune 500 Company and well-known brands to connecting and delivering their messages through digital creative advertising and activities

First Circle

Series A in 2018
First Circle, founded in 2015 and based in Taguig, Philippines, specializes in providing financing solutions for small and medium enterprises (SMEs) across Southeast Asia. The company offers a range of services, including consumer lending, mortgages, and asset-based lending, with a focus on short-term loans that are collateral-free. First Circle aims to support business owners in their growth endeavors by leveraging advanced technology, data analytics, and a user-friendly online platform. Additionally, the company provides dedicated customer support and resources to foster a community of business owners, ultimately enhancing opportunities for SMEs to thrive.

Fazz

Series A in 2018
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

Logivan

Series A in 2018
LOGIVAN Technologies JSC is a Vietnamese technology company founded in 2017 and headquartered in Hanoi. It specializes in cargo transportation services between the northern and southern provinces of Vietnam by connecting small and medium-sized shippers with a network of truckers. The company offers innovative solutions such as LOGIVAN Truck Owner, which facilitates direct connections between truck owners and shipments, and LOGIVAN Shipper, which allows businesses to connect with transport partners. By digitizing the trucking industry, LOGIVAN aims to reduce logistics costs, improve supply chain efficiency, and address the issue of empty return trips by maximizing the utilization of trucks. The company addresses the inefficiencies in Vietnam's transport industry, which experiences logistics costs significantly higher than in other regions, thus striving to enhance the overall capacity of logistics service providers through technology.

Warung Pintar Group

Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.

CoHive

Series A in 2018
CoHive is Indonesia's largest coworking space provider, previously known as EV Hive. The company offers a blend of coworking, coliving, coretail, and event space solutions aimed at fostering a cohesive working and living environment. With a mission to build a robust community, CoHive connects and supports startups and small to medium enterprises (SMEs) across Indonesia. The company operates approximately 33 locations in major cities including Jakarta, Medan, Yogyakarta, and Bali, catering to around 9,000 members, predominantly startups and SMEs. CoHive also provides facilities for retail spaces, allowing businesses to showcase their products within a vibrant startup community. The company's headquarters is located in Jakarta, and its leadership team includes co-founders Jason Lee and Ethan Choi, along with COO Erich Hirawan and CRO Iris Wee.

Carro

Series B in 2018
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Logivan

Seed Round in 2018
LOGIVAN Technologies JSC is a Vietnamese technology company founded in 2017 and headquartered in Hanoi. It specializes in cargo transportation services between the northern and southern provinces of Vietnam by connecting small and medium-sized shippers with a network of truckers. The company offers innovative solutions such as LOGIVAN Truck Owner, which facilitates direct connections between truck owners and shipments, and LOGIVAN Shipper, which allows businesses to connect with transport partners. By digitizing the trucking industry, LOGIVAN aims to reduce logistics costs, improve supply chain efficiency, and address the issue of empty return trips by maximizing the utilization of trucks. The company addresses the inefficiencies in Vietnam's transport industry, which experiences logistics costs significantly higher than in other regions, thus striving to enhance the overall capacity of logistics service providers through technology.

Aspire

Seed Round in 2018
Aspire is a finance operating system based in Singapore, catering to growing businesses in Southeast Asia. Founded in 2018, the company offers a comprehensive suite of services that includes business accounts for cross-border operations, corporate cards, and automated invoice processing, all integrated with financial management software. Aspire also provides an incorporation service known as Aspire Kickstart, designed specifically for Singaporean companies. By delivering efficient and transparent banking solutions, Aspire enables clients to manage their bank accounts, credit cards, invoicing, and expenses through a unified platform, facilitating improved cash management and informed business decisions.

Igloohome

Series A in 2018
Igloohome Inc. specializes in the manufacture of security locks designed for both residential and commercial use, facilitating property management through innovative technology. The company offers several products, including the igloohome Smart Keybox, which serves short-term rental hosts and property owners, and the Smart Padlock, a remotely-managed security solution that enables convenient access control. Additionally, the Igloohome mobile app allows users to manage various locks, perform Bluetooth unlocks, generate and manage PIN codes, and monitor lock battery status. The Smart Keybox can be accessed via PIN code and Bluetooth. Igloohome markets its products through resellers and online channels. Founded in 2015, the company is headquartered in Singapore.

Warung Pintar Group

Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.

Sayurbox

Seed Round in 2018
Sayurbox is a web-based platform based in Bandung, Indonesia, that specializes in the distribution of fresh fruits and vegetables. Founded in 2016, it connects consumers directly with farmers, allowing them to purchase chemical-free and organic produce. The platform emphasizes healthy living by offering vegetables that are harvested and delivered on the same day, ensuring freshness and quality. By facilitating online orders, Sayurbox aims to make healthy eating more accessible to its users.

CoHive

Seed Round in 2017
CoHive is Indonesia's largest coworking space provider, previously known as EV Hive. The company offers a blend of coworking, coliving, coretail, and event space solutions aimed at fostering a cohesive working and living environment. With a mission to build a robust community, CoHive connects and supports startups and small to medium enterprises (SMEs) across Indonesia. The company operates approximately 33 locations in major cities including Jakarta, Medan, Yogyakarta, and Bali, catering to around 9,000 members, predominantly startups and SMEs. CoHive also provides facilities for retail spaces, allowing businesses to showcase their products within a vibrant startup community. The company's headquarters is located in Jakarta, and its leadership team includes co-founders Jason Lee and Ethan Choi, along with COO Erich Hirawan and CRO Iris Wee.

PAYFAZZ

Convertible Note in 2017
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.

Triple-

Triple-A is a digital currency payment institution that facilitates transactions in both traditional and digital currencies without the associated volatility. The company provides a comprehensive payment platform offering end-to-end services, including crypto payments, payouts, and remittances, which can be seamlessly integrated into existing business operations through API and no-code solutions. Licensed by the Monetary Authority of Singapore and recognized by regulatory bodies in the EU and the United States, Triple-A maintains high standards of security and compliance. With a client base of over 20,000 businesses, it simplifies the process of accepting payments in various currencies, enabling companies to expand their customer reach and enhance growth opportunities.
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