Openspace Ventures

Openspace Ventures, established in 2014, is a Singapore-based venture capital firm focusing on early-stage investments in Southeast Asia. It specializes in Series A and B funding rounds, targeting technology companies operating in sectors such as logistics, agtech, edtech, healthtech, cleantech, B2B SaaS, consumer internet, and financial technology. With offices in Singapore, Indonesia, and the Philippines, the firm aims to support transformative companies where technology intersects with daily life. Notable portfolio companies include Gojek/GoTo, Biofourmis, and Halodoc.

Nichapat Ark

Director

Nichapat Ark

Director

Jonathan Chandra

Senior Analyst

Pareen Chaudhari

Associate

Shane Chesson

Founding Partner

Jomo Filart

Senior Analyst, Occular

Derek Goh

Associate

Juancho Jimenez

Vice President

Tania Lestari

Vice President

Kelvin Leung

Director

Raunaq Nanwani

Vice President

Can Pilunowad

Senior Analyst

Jessica Pouleur

Partner

Jess Qi

Analyst

Jocelyn Susilo

Associate

Ayu Tanoesoedibjo

Executive Director

Ayu Tanoesoedibjo

Executive Director

Adele Teh

Vice President

Trang Vi

Senior Analyst

Gervin Yang

Executive Director

Past deals in Philippines

Igloo

Series C in 2023
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

PICKUP Coffee

Series A in 2023
PickUp Coffee is a start-up based in Taguig, Philippines, focused on enhancing the accessibility of espresso and milk-based beverages. The company provides a range of premium coffee options, including espressos, cappuccinos, hot dark mochas, brown sugar boba milk, iced Americanos, and golden turmeric lattes. By operating coffee shops, PickUp Coffee enables customers to purchase high-quality beverages at fair prices, thereby catering to a diverse clientele seeking premium coffee solutions.

Lista

Seed Round in 2022
Lista is a rapidly growing financial technology company based in the Philippines, focused on assisting the nation's 110 million citizens in achieving financial progress. As a leading credit and financial management application, it offers direct access to credit scores and reports, providing users with immediate insights into their financial health. With over 2.5 million downloads, Lista equips individuals with tools to enhance their financial literacy and improve their credit standing. Additionally, the company has developed a bookkeeping app tailored for micro, small, and medium enterprises (MSMEs), allowing them to manage finances effectively by tracking debts, recording transactions, and issuing invoices. Backed by prominent regional venture capital funds, Lista is recognized as one of Southeast Asia's promising startups.

Igloo

Series B in 2022
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

SariSuki

Venture Round in 2022
SariSuki is an online marketplace that facilitates community buying and selling of grocery items, aiming to make fresh and affordable groceries accessible to local neighborhoods. Founded in 2019 in Quezon City, Philippines, by Brian Cu, Philippe Lorenzo, and Angelo Lee, SariSuki allows customers to order everyday essentials from home without incurring hidden fees. The platform promotes local entrepreneurship by enabling individuals to become online grocery sellers within their communities, thereby enhancing access to essential goods while supporting local economies. Through its delivery system, SariSuki ensures that products are delivered safely and efficiently, catering to the needs of consumers looking for convenience and affordability in their grocery shopping.

Igloo

Series A in 2020
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

Topica Edtech Group

Series D in 2018
Topica Edtech Group is a multinational educational technology company headquartered in Ho Chi Minh City, Vietnam. It specializes in offering a wide range of online education solutions, including Bachelor's degree programs through Topica Uni, English speech tutoring courses via Topica Native, and a technology platform for massive open online courses through Edumall. The company employs augmented artificial intelligence to enhance learning experiences, catering to the diverse needs of students. In addition to its operations in Vietnam, Topica Edtech Group has successfully expanded its reach into markets such as the Philippines, Singapore, Thailand, Indonesia, and the United States, providing personalized learning experiences and high-quality online education to millions of learners.

Topica Edtech Group

Series C in 2016
Topica Edtech Group is a multinational educational technology company headquartered in Ho Chi Minh City, Vietnam. It specializes in offering a wide range of online education solutions, including Bachelor's degree programs through Topica Uni, English speech tutoring courses via Topica Native, and a technology platform for massive open online courses through Edumall. The company employs augmented artificial intelligence to enhance learning experiences, catering to the diverse needs of students. In addition to its operations in Vietnam, Topica Edtech Group has successfully expanded its reach into markets such as the Philippines, Singapore, Thailand, Indonesia, and the United States, providing personalized learning experiences and high-quality online education to millions of learners.
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