Monk's Hill Ventures

Monk's Hill Ventures is a venture capital firm established in 2014 by Peng T. Ong and Kuo-Yi Lim, focusing on early-stage technology startups in Southeast Asia. Based in Singapore, the firm makes strategic investments in promising technology companies that are well-positioned to benefit from the growing consumption and digital transformation in the region. With a portfolio of over 20 startups across various industry verticals, Monk's Hill Ventures typically invests at the Series A stage, emphasizing a founder-centric approach. The firm's team consists of experienced entrepreneurs and operators, including former CEOs and CTOs from successful tech firms, who provide valuable insights and support to their portfolio companies. Monk's Hill Ventures has a strong presence in Southeast Asia, with teams located in countries such as Indonesia, Malaysia, Vietnam, and Thailand, alongside a broad network of advisors from diverse fields, including cybersecurity, data science, and healthcare.

RJ Balmater

Investment Associate

June Chen

Associate

Ang Hwee Chuin

Director, Investment Relations

Michele Daoud

Partner

Kuo-Yi Lim

Co-Founder & Managing Partner

Justin Nguyen

Partner

Aaron Nio

Senior Investment Associate

Mohd Ridzwan Nordin

Venture Partner

Peng T. Ong

Co-Founder & Managing Partner

Nat Wittayatanaseth

Investment Associate

Eunice Wong

Investment Associate

63 past transactions

Jenfi

Funding Round in 2023
Jenfi Pte Ltd is a financial technology company based in Singapore that specializes in providing revenue-based financing to small and medium-sized enterprises in Asia. Founded in 2019, Jenfi focuses on assisting digitally-enabled businesses, including e-commerce ventures and high-growth startups, by offering funds to enhance their sales velocity. The company enables these businesses to finance their marketing efforts, inventory needs, and growth initiatives, thereby supporting their development and expansion in a competitive market.

Glints

Series D in 2022
Glints Intern Pte Ltd operates an online platform to provide internship and graduate job opportunities in Singapore. Its platform enables companies to create a job posting, review application, and schedule interviews to hire candidates. Its platform lists jobs in administrative, consulting, business development, data science, design, education, finance, human resource, hospitality, engineering, legal, and various other sectors. The company was incorporated in 2013 and is based in Singapore.

Rainforest Life

Series A in 2022
Rainforest buys e-commerce brands and grows them with a focus on long-term success. They believe that being part of Rainforest improves the brands’ longevity, financial returns, and sustainability outcomes.

Dagangan

Series B in 2022
Dagangan is an online demand aggregation platform that focuses on connecting rural entrepreneurs with consumers. By providing an ordering system and delivery service, it aims to digitize businesses in rural areas, offering access to essential products and services. The platform utilizes a hub-and-spoke distribution model, allowing rural consumers to purchase daily necessities at affordable prices from a network of local producers. This approach not only facilitates the sale of local products but also addresses production and accessibility challenges, ensuring households can receive their needs with greater ease and reduced costs. Established in Singapore, Dagangan emphasizes the importance of community and leverages social networks to enhance the reach and efficiency of local businesses.

Hannah Life Technologies

Seed Round in 2022
Hannah Life Technologies Pte. Ltd., founded in 2019 and based in Singapore, specializes in designing and developing innovative devices aimed at improving conception chances for couples during intercourse. The company seeks to transform the infertility treatment landscape by creating groundbreaking and safe fertility products that address significant unmet needs in this field. Guided by a Scientific Advisory Board composed of leading fertility clinicians, Hannah Life Technologies is committed to advancing solutions that enhance reproductive health and support individuals facing infertility challenges.

Ordinary Folk

Seed Round in 2022
Since the 1930s, the way we commute, socialise and even how we make payments have changed, and yet our fundamental approach to the healthcare system hasn’t. At Ordinary Folk, we’re reimagining the building blocks of healthcare, through Noah, Zoey and Cyrus. Noah allows men to receive remote diagnosis and treatment across varying areas of care. Through Zoey, women’s sexual wellness and fertility journeys are supported with thoughtful products and services. Cyrus, our modern logistics fleet makes ultra fast deliveries for medication with the help of AI.

Urbanmetry

Seed Round in 2022
Urbanmetry is a property data company that focuses on the real estate and property markets. It specializes in aggregating and analyzing large volumes of urban data through advanced artificial intelligence and proprietary algorithms. By extracting trends and patterns from this data, Urbanmetry aims to provide clients with a clearer and more efficient understanding of the property market. Its services are designed to enhance city planning efforts and contribute to the development of sustainable urban environments.

Jio Health

Series B in 2022
Jio Health tracks vitals, manages medications, and connects with providers and caregivers in meaningful ways. It seamlessly connects with fitness and wearable devices so users can access all of their data in one place. It facilitates healthcare delivery by managing personal health profiles and the sharing of medical data to healthcare providers.

Upmesh

Seed Round in 2021
Upmesh provides e-commerce functionality for live commerce merchants on social media.

Tigerhall

Series A in 2021
Tigerhall Pte Ltd offers soft skill training courses to professionals on topics ranging from managing a co-located workforce and dealing with poorly performing staff to handling a communications crisis, and launching products in emerging markets and intrapreneurship. It offers an application that connects learners with experts through bite-sized power reads and podcasts, in-person workshops, mentorship, and private dinners with senior business leaders. The company was founded in 2018 and is based in Singapore.

Doyobi

Seed Round in 2021
Doyobi Pte Ltd operates an online coding school. The company offers science and coding courses that are used in programs supported by Google and the Singapore government. The company offers its products for children and young people aged 7-15 years. Its coding courses include scratch and python courses. The company’s courses are used by enrichment providers, schools, NGOs, teachers, and governments. Doyobi Pte Ltd was incorporated in 2019 and is based in Singapore.

Ion Mobility

Seed Round in 2021
Ion Mobility is a technology-driven company focused on all-electric mobility solutions. It specializes in the manufacturing of electric motorbikes that match the performance of traditional gasoline vehicles. By integrating advanced hardware and software with a human-centered design approach, Ion Mobility aims to deliver smart electric motorbikes along with energy charging and storage services. The company's mission is to provide consumers with affordable and sustainable mobility options, addressing the growing demand for eco-friendly transportation alternatives.

Ninja Van

Series E in 2021
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

Dagangan

Series A in 2021
Dagangan is an online demand aggregation platform that focuses on connecting rural entrepreneurs with consumers. By providing an ordering system and delivery service, it aims to digitize businesses in rural areas, offering access to essential products and services. The platform utilizes a hub-and-spoke distribution model, allowing rural consumers to purchase daily necessities at affordable prices from a network of local producers. This approach not only facilitates the sale of local products but also addresses production and accessibility challenges, ensuring households can receive their needs with greater ease and reduced costs. Established in Singapore, Dagangan emphasizes the importance of community and leverages social networks to enhance the reach and efficiency of local businesses.

CoderSchool

Seed Round in 2021
Coderschool Company Limited, an education technology company, offers computer programming courses for students, developers, and designers in Vietnam. It provides short term full time and part time courses on iOS, Android, data science, UI UX design, Go programming language, blockchain, mobile application development, and web development. Coderschool Company Limited was founded in 2015 and is headquartered in Ho Chi Minh City, Vietnam.

Rainforest Life

Seed Round in 2021
Rainforest buys e-commerce brands and grows them with a focus on long-term success. They believe that being part of Rainforest improves the brands’ longevity, financial returns, and sustainability outcomes.

Glints

Series C in 2021
Glints Intern Pte Ltd operates an online platform to provide internship and graduate job opportunities in Singapore. Its platform enables companies to create a job posting, review application, and schedule interviews to hire candidates. Its platform lists jobs in administrative, consulting, business development, data science, design, education, finance, human resource, hospitality, engineering, legal, and various other sectors. The company was incorporated in 2013 and is based in Singapore.

UIlicious

Seed Round in 2021
Uilicious Private Limited, founded in 2016 and based in Singapore, offers an innovative test automation solution aimed at enhancing the user interface testing of web applications. The company's platform allows online businesses to continuously monitor user journeys and detect errors with minimal effort. Unlike traditional UI testing tools, which often struggle to keep pace with rapid changes, Uilicious employs a patented ambiguity resolution test engine. This technology enables users to write tests using simple instructions that can be understood and created by non-engineers, making it accessible to a wider audience. The platform supports multiple browsers and resolutions, facilitating the accurate identification of elements within web applications through dynamic code analysis. With Uilicious, organizations can efficiently express, simulate, and validate user journeys, significantly reducing the time required for continuous testing.

Danacita

Series A in 2021
Danacita is a loans to fund their tertiary education and training in Jakarta.

ErudiFi

Series A in 2021
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Bot MD

Series A in 2021
Bot MD is an artificial intelligence-driven clinical assistant designed to enhance patient care by providing doctors with instant access to reliable clinical information. Founded in 2018, the application enables healthcare professionals to efficiently address inquiries related to drugs, diseases, and medical calculations. It also offers automatic voice-to-text transcription services, facilitating secure communication of vital patient updates among medical teams. By streamlining access to essential information, Bot MD aims to improve the overall efficiency of healthcare delivery.

Elsa

Series B in 2021
Elsa is a mobile application focused on English language pronunciation training and accent reduction. The platform employs artificial intelligence and speech recognition technology to deliver precise phoneme-level feedback to users, assisting them in improving their English pronunciation. By providing real-time phonetic instructions, Elsa enables language learners worldwide to identify and correct their pronunciation errors, ultimately fostering greater fluency and confidence in their spoken English.

Ion Mobility

Seed Round in 2020
Ion Mobility is a technology-driven company focused on all-electric mobility solutions. It specializes in the manufacturing of electric motorbikes that match the performance of traditional gasoline vehicles. By integrating advanced hardware and software with a human-centered design approach, Ion Mobility aims to deliver smart electric motorbikes along with energy charging and storage services. The company's mission is to provide consumers with affordable and sustainable mobility options, addressing the growing demand for eco-friendly transportation alternatives.

GoGet

Series A in 2020
GoGet is an on-demand job platform for businesses and freelancers. The company's mission is to transform the traditional labor market and connect the city to create work. It empowers businesses to grow their operations while saving money, as wells as enabling users to find job opportunities near them, at good rates that match their preferences. .Francesca Chia, Muaz Jema Khan, and Tai Fung Wei Tan headquartered the company in Kuala Lumpur, Kuala Lumpur in 2014.

KKday

Series C in 2020
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

Jenfi

Seed Round in 2020
Jenfi Pte Ltd is a financial technology company based in Singapore that specializes in providing revenue-based financing to small and medium-sized enterprises in Asia. Founded in 2019, Jenfi focuses on assisting digitally-enabled businesses, including e-commerce ventures and high-growth startups, by offering funds to enhance their sales velocity. The company enables these businesses to finance their marketing efforts, inventory needs, and growth initiatives, thereby supporting their development and expansion in a competitive market.

Horangi

Series B in 2020
Horangi Pte Ltd. is a cybersecurity company based in Singapore, founded in 2016. The firm develops a range of security software and services designed to protect organizations of all sizes with enterprise-grade technology in the cloud. Its integrated cybersecurity platform includes products such as Horangi Scanner, Hunter, and Storyfier, which facilitate rapid incident response and threat detection. Supported by a team of CREST-certified global cybersecurity experts, Horangi aims to enhance clients' cybersecurity by automatically detecting, investigating, and responding to security threats while providing clear reporting to mitigate data security risks. The company serves a diverse clientele across various industries from multiple offices worldwide.

Logisly

Series A in 2020
Logisly believes that industry 4.0 requires connectivity between the offline and online worlds. In the supply chain, technology will play a major role, not only in automating processes or reducing costs, but also providing in-depth data-based analysis for decision making and business operations.

CROWDE

Series A in 2019
CROWDE is an agriculture-focused fintech startup that empowers farmers across Indonesia with technology and capital. Thousands of farmers and investors across Indonesia have already put their trust in us to accomplish what has not been done before: a farmer-friendly financing ecosystem that put in touch investors seeking attractive returns with farmers that are looking for capital to grow, create employment, and support local communities. At CROWDE, we only do agriculture and do it well: we understand how to assess agri-project financing and manage risks pertaining to agriculture. Beyond connecting investors and farmers we also integrate the entire agriculture ecosystem from suppliers to customers through technology. Our investors and farmers have influenced the core of our mission, they are both highly driven individuals who seek to better their own future, this has always inspired us and we look to change Indonesia with this mission in mind.

Glints

Series B in 2019
Glints Intern Pte Ltd operates an online platform to provide internship and graduate job opportunities in Singapore. Its platform enables companies to create a job posting, review application, and schedule interviews to hire candidates. Its platform lists jobs in administrative, consulting, business development, data science, design, education, finance, human resource, hospitality, engineering, legal, and various other sectors. The company was incorporated in 2013 and is based in Singapore.

Saleswhale

Series A in 2019
Never waste a marketing lead again Saleswhale's AI sales assistant engages and qualifies marketing-generated leads at scale, through two-way intelligent email conversations, before handing over qualified leads to sales reps.

Jio Health

Series A in 2019
Jio Health tracks vitals, manages medications, and connects with providers and caregivers in meaningful ways. It seamlessly connects with fitness and wearable devices so users can access all of their data in one place. It facilitates healthcare delivery by managing personal health profiles and the sharing of medical data to healthcare providers.

iVideoSmart Pte Ltd

Series A in 2019
iVideoSmart Pte Ltd is a Singapore-based company founded in 2016 that specializes in video technology solutions. The firm develops a video-in-a-box platform that utilizes artificial intelligence and machine learning to enhance video recommendation, delivery, and monetization. Its offerings include tools for boosting user engagement, managing content, and identifying artificial content. Additionally, iVideoSmart provides a HotSpot video solution designed for programmatic marketing, focusing on e-commerce affiliate conversions. This solution aims to enable publishers to effectively deliver call-to-action and performance-driven offerings to advertisers, thereby enhancing their marketing capabilities.

Elsa

Series A in 2019
Elsa is a mobile application focused on English language pronunciation training and accent reduction. The platform employs artificial intelligence and speech recognition technology to deliver precise phoneme-level feedback to users, assisting them in improving their English pronunciation. By providing real-time phonetic instructions, Elsa enables language learners worldwide to identify and correct their pronunciation errors, ultimately fostering greater fluency and confidence in their spoken English.

Stoqo

Series A in 2018
Stoqo Technology owns and operates an online marketplace for small restaurant and hotel owners that helps them bulk source raw materials at direct factory prices. The company was founded in 2016 and is based in Jakarta, Indonesia.

KKday

Series B in 2018
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

escapex

Funding Round in 2018
Escapex is an internet company that creates personal owned platforms (POPs) for celebrities and influencers it helps its clients to increase their online presence. Escapex offers an alternative to legacy social media platforms where those with a large following can establish a unique brand for free and begin generating revenue through advertisements, subscriptions, and in-app purchases.

waresix

Seed Round in 2018
Waresix is a logistics platform for freight-forwarding, warehouse, and land transportation. It is a platform that matches unused warehouse space with users in need of such facility, looks to capitalize on the demand for flexible warehousing given the booming e-commerce market in the country. Waresix provides a solution for dynamic warehousing strategy that allows customers, retailer, distributor, and manufacturer to quickly adapt to variable demand. Waresix is headquartered in Jakarta, Indonesia.

Bot MD

Seed Round in 2018
Bot MD is an artificial intelligence-driven clinical assistant designed to enhance patient care by providing doctors with instant access to reliable clinical information. Founded in 2018, the application enables healthcare professionals to efficiently address inquiries related to drugs, diseases, and medical calculations. It also offers automatic voice-to-text transcription services, facilitating secure communication of vital patient updates among medical teams. By streamlining access to essential information, Bot MD aims to improve the overall efficiency of healthcare delivery.
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GoQuo

Series B in 2018
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.

ErudiFi

Seed Round in 2018
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Elsa

Seed Round in 2018
Elsa is a mobile application focused on English language pronunciation training and accent reduction. The platform employs artificial intelligence and speech recognition technology to deliver precise phoneme-level feedback to users, assisting them in improving their English pronunciation. By providing real-time phonetic instructions, Elsa enables language learners worldwide to identify and correct their pronunciation errors, ultimately fostering greater fluency and confidence in their spoken English.

Horangi

Series A in 2017
Horangi Pte Ltd. is a cybersecurity company based in Singapore, founded in 2016. The firm develops a range of security software and services designed to protect organizations of all sizes with enterprise-grade technology in the cloud. Its integrated cybersecurity platform includes products such as Horangi Scanner, Hunter, and Storyfier, which facilitate rapid incident response and threat detection. Supported by a team of CREST-certified global cybersecurity experts, Horangi aims to enhance clients' cybersecurity by automatically detecting, investigating, and responding to security threats while providing clear reporting to mitigate data security risks. The company serves a diverse clientele across various industries from multiple offices worldwide.

Saleswhale

Seed Round in 2017
Never waste a marketing lead again Saleswhale's AI sales assistant engages and qualifies marketing-generated leads at scale, through two-way intelligent email conversations, before handing over qualified leads to sales reps.

Kulina

Seed Round in 2017
Kulina is a technology-driven food delivery service based in Jakarta, specializing in daily consumption meals. The company partners with local catering and restaurant kitchens to provide a diverse range of meal options, which are delivered directly to customers' addresses. Kulina does not operate its own kitchens; instead, it connects consumers with nearby food providers, utilizing technology to streamline the delivery process and ensure timely arrivals without additional shipping costs. Since its inception in 2016, Kulina has successfully served hundreds of thousands of meals, catering to a growing customer base in Jakarta and its surrounding areas, including BSD, Bintaro, and Alam Sutera. The platform also facilitates online payment options, enhancing the user experience and optimizing the food ordering and delivery process. Kulina maintains offices in both Jakarta and Yogyakarta, further supporting its operational reach.

iVideoSmart Pte Ltd

Series A in 2017
iVideoSmart Pte Ltd is a Singapore-based company founded in 2016 that specializes in video technology solutions. The firm develops a video-in-a-box platform that utilizes artificial intelligence and machine learning to enhance video recommendation, delivery, and monetization. Its offerings include tools for boosting user engagement, managing content, and identifying artificial content. Additionally, iVideoSmart provides a HotSpot video solution designed for programmatic marketing, focusing on e-commerce affiliate conversions. This solution aims to enable publishers to effectively deliver call-to-action and performance-driven offerings to advertisers, thereby enhancing their marketing capabilities.

KKday

Series A in 2016
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.
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Ninja Van

Series B in 2016
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

Scalable Capital

Series A in 2016
Scalable Capital Vermögensverwaltung GmbH, founded in 2014 and based in Munich, Germany, is a digital investment service that specializes in portfolio management. The company utilizes proprietary software to create dynamically optimized investment portfolios, emphasizing risk management. By leveraging advanced technology, Scalable Capital aims to provide high-quality investment services that were traditionally accessible only to large institutional investors, making them available to individual investors at a lower cost. The firm has expanded its presence to London and has received funding from notable venture capital firms and angel investors.

Playlab

Series B in 2015
Playlab is a leading game developer & publisher that has grown from a handful of passionate gamers to a group of 80 and more enthusiasts striving to create the best games for iOS and Android devices along with Facebook. Founded in January 2012, the headquarters are based in Hong-Kong while the distribution is handled from Singapore. Their production sites are located in Bangkok, TH (Pocket PlayLab) and Manila, PHI (Anino PlayLab) and are respectively the homes of hit titles including Lost Cubes & Juice Cubes, and award winning games of the Games Festival (2004), International Mobile Game Awards (2006 and 2007), and Indie Games Showcase (2007). With more than 22 millions of downloads of their games across the world, they believe the amazing experience we give our players comes from the diversity and experience of their people.

Scalable Capital

Series A in 2015
Scalable Capital Vermögensverwaltung GmbH, founded in 2014 and based in Munich, Germany, is a digital investment service that specializes in portfolio management. The company utilizes proprietary software to create dynamically optimized investment portfolios, emphasizing risk management. By leveraging advanced technology, Scalable Capital aims to provide high-quality investment services that were traditionally accessible only to large institutional investors, making them available to individual investors at a lower cost. The firm has expanded its presence to London and has received funding from notable venture capital firms and angel investors.

ZipMatch

Series A in 2015
ZipMatch is an online marketplace that offers real-estate services for buyers, brokers, and real estate developers. Most of the problems in the Philippine real estate industry today can be sourced in the long, tiring, and complicated process for buyers and brokers. Fortunately, there’s ZipMatch.com, the first property matchmaker for buyers, brokers and real estate developers that can help simplify the process.
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Ninja Van

Series A in 2015
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.