Monk's Hill Ventures

Monk's Hill Ventures, founded in 2014 by Peng T. Ong and Kuo-Yi Lim, is a Singapore-based venture capital firm that specializes in early-stage technology investments across Southeast Asia. The firm targets promising startups at the pre-Series A and Series A stages, focusing on sectors such as health tech, edtech, software, media, insurtech, e-commerce, fintech, and big data. Backed by global institutional investors and family offices, Monk's Hill Ventures emphasizes a first-principles approach to investment, breaking down ideas and business models to understand their fundamentals. The firm is characterized by its network of experienced entrepreneurs, operators, and advisors who provide valuable insights and guidance to founders. With a presence in key Southeast Asian markets including Singapore, Indonesia, Malaysia, Vietnam, and Thailand, Monk's Hill Ventures aims to support startups that leverage technology to improve lives across the region.

Michele Daoud

Partner

Natasha Gunawan

Investment Associate

Wilton Halim

Investment Associate

Eugene Hong

Investment Principal

Kuo-Yi Lim

Co-Founder and Managing Partner

Lingga Madu

Venture Partner

Justin Nguyen

Partner

Alex Nguyen

Investment Associate

Peng T. Ong

Co-Founder and Managing Partner

Arun Pai

Principal

Samuel Simanjuntak

Investment Associate

Kim Hock Tan

Investment Manager

Maansi Vohra

Investment Manager

Eunice Wong

Principal

Past deals in Singapore

Jenfi

Funding Round in 2023
Jenfi Pte Ltd is a financial technology company based in Singapore, established in 2019. It specializes in providing revenue-based financing to small and medium-sized enterprises, particularly those that are digitally enabled, such as e-commerce ventures and high-growth startups. Jenfi's platform assesses the creditworthiness and growth spending efficiency of businesses, allowing them to secure flexible financing options tailored to their specific needs. This funding supports various aspects of growth, including marketing, inventory, and other initiatives, enabling businesses to accelerate their sales velocity without relinquishing equity. Through its innovative approach, Jenfi aims to facilitate scalable growth and success for its clients in the rapidly evolving market.

Glints

Series D in 2022
Glints Intern Pte Ltd is a Singapore-based online platform that facilitates internship and graduate job opportunities. Established in 2013, Glints connects young professionals with potential employers by enabling companies to post job listings, review applications, and schedule interviews. The platform covers a wide range of sectors, including administrative, consulting, finance, engineering, and design. Glints aims to bridge the gap between education and employment by helping youth identify the skills needed for various careers. It matches them with suitable jobs, internships, and courses, thereby allowing young individuals to discover their interests and develop relevant skills. This approach not only assists job seekers in finding opportunities but also helps employers attract the right talent more effectively.

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
Ordinary Folk is a telehealth company focused on transforming healthcare delivery for both men and women. It offers a comprehensive platform that addresses various health issues through its specialized services. Noah provides remote diagnosis and treatment for men across different areas of healthcare, while Zoey supports women in their sexual wellness and fertility journeys by offering tailored products and services. Additionally, the company has developed Cyrus, a logistics fleet that utilizes artificial intelligence to ensure rapid medication delivery in discreet packaging. Ordinary Folk aims to enhance patient experiences by streamlining health assessments and improving the diagnostic process for healthcare providers.

heyy,

Pre Seed Round in 2022
Developer of personal and confidential mental health support system intended to make mental health accessible and personal. The company's platform doesn't remove human intervention for scaling and provides a deeply personal approach, enabling conversations in an anonymous and confidential setting with its team of helpers and creating a suite of products around it, to nudge, help, plan, and get users better, enabling employers to give their employees the required mental health support.

Gajiku

Seed Round in 2022
Developer of a financial technology platform designed to simplify the payroll process by providing upfront salary access and other benefits. The company partners with employers to provide advance salary options to their employees and gives them access to withdraw their salary whenever they want and manage their finances, enabling employees to cover one-time expenses incurred and avoid high fees charged by the lenders.

Upmesh

Seed Round in 2021
Upmesh is a developer of a selling automation platform that enhances e-commerce functionality for live commerce merchants on social media. The platform enables users to buy and sell products in real-time during live streaming events, effectively merging entertainment with shopping. By fostering a virtual community space, Upmesh allows customers to engage with one another while participating in the buying and selling process, creating a new and interactive shopping experience.

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 is an online coding school based in Singapore, established in 2019, that focuses on teaching science and coding to children and young people aged 7 to 15. The company provides interactive courses in Scratch and Python, utilizing videos, quizzes, and projects to facilitate learning. Doyobi's programs are supported by Google and the Singapore government and are utilized by various educators, including schools, enrichment providers, NGOs, and teachers globally. The curriculum is designed to foster curiosity, creativity, and a growth mindset, helping young learners develop essential skills aligned with K12 standards. Additionally, Doyobi emphasizes the importance of planning and design thinking through challenge-based learning experiences, encouraging students to create solutions addressing the United Nations Sustainable Development Goals.

Ninja Van

Series E in 2021
Ninja Logistics Pte Ltd, founded in 2014 and based in Singapore, specializes in technology-enabled logistics solutions, focusing on courier and shipping services for social media sellers, small businesses, and enterprises. The company addresses the last mile delivery challenge in Southeast Asia by leveraging a cutting-edge technology stack and strategic partnerships. Its platform allows businesses of all sizes to create delivery orders effortlessly, with features like real-time tracking and active communication through email and SMS. Ninja Van aims to optimize logistics through innovative routing software and scalable capacity solutions, providing a reliable and efficient delivery experience across the region.

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.

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.

INKR

Seed Round in 2021
Developer of comic applications designed to build graphical technology products on a global scale. The company's platform provides content creators with a choice of monetization models, including ad-supported, subscription fees, or pay-per-chapter analyses content to tell publishers which model will maximize their earnings and share a percentage of the revenue generated, enabling comics publishers and creators to reach more readers globally.

Glints

Series C in 2021
Glints Intern Pte Ltd is a Singapore-based online platform that facilitates internship and graduate job opportunities. Established in 2013, Glints connects young professionals with potential employers by enabling companies to post job listings, review applications, and schedule interviews. The platform covers a wide range of sectors, including administrative, consulting, finance, engineering, and design. Glints aims to bridge the gap between education and employment by helping youth identify the skills needed for various careers. It matches them with suitable jobs, internships, and courses, thereby allowing young individuals to discover their interests and develop relevant skills. This approach not only assists job seekers in finding opportunities but also helps employers attract the right talent more effectively.

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.

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.

Jenfi

Seed Round in 2020
Jenfi Pte Ltd is a financial technology company based in Singapore, established in 2019. It specializes in providing revenue-based financing to small and medium-sized enterprises, particularly those that are digitally enabled, such as e-commerce ventures and high-growth startups. Jenfi's platform assesses the creditworthiness and growth spending efficiency of businesses, allowing them to secure flexible financing options tailored to their specific needs. This funding supports various aspects of growth, including marketing, inventory, and other initiatives, enabling businesses to accelerate their sales velocity without relinquishing equity. Through its innovative approach, Jenfi aims to facilitate scalable growth and success for its clients in the rapidly evolving 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.

Glints

Series B in 2019
Glints Intern Pte Ltd is a Singapore-based online platform that facilitates internship and graduate job opportunities. Established in 2013, Glints connects young professionals with potential employers by enabling companies to post job listings, review applications, and schedule interviews. The platform covers a wide range of sectors, including administrative, consulting, finance, engineering, and design. Glints aims to bridge the gap between education and employment by helping youth identify the skills needed for various careers. It matches them with suitable jobs, internships, and courses, thereby allowing young individuals to discover their interests and develop relevant skills. This approach not only assists job seekers in finding opportunities but also helps employers attract the right talent more effectively.

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.

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.
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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.

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.

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.
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Ninja Van

Series B in 2016
Ninja Logistics Pte Ltd, founded in 2014 and based in Singapore, specializes in technology-enabled logistics solutions, focusing on courier and shipping services for social media sellers, small businesses, and enterprises. The company addresses the last mile delivery challenge in Southeast Asia by leveraging a cutting-edge technology stack and strategic partnerships. Its platform allows businesses of all sizes to create delivery orders effortlessly, with features like real-time tracking and active communication through email and SMS. Ninja Van aims to optimize logistics through innovative routing software and scalable capacity solutions, providing a reliable and efficient delivery experience across the region.

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.
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Ninja Van

Series A in 2015
Ninja Logistics Pte Ltd, founded in 2014 and based in Singapore, specializes in technology-enabled logistics solutions, focusing on courier and shipping services for social media sellers, small businesses, and enterprises. The company addresses the last mile delivery challenge in Southeast Asia by leveraging a cutting-edge technology stack and strategic partnerships. Its platform allows businesses of all sizes to create delivery orders effortlessly, with features like real-time tracking and active communication through email and SMS. Ninja Van aims to optimize logistics through innovative routing software and scalable capacity solutions, providing a reliable and efficient delivery experience across the region.
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