Sovereign’s Capital

Sovereign's E&S is a buyout fund managed by Sovereign's Capital, a private equity firm established in 2012 and headquartered in Atlanta, Georgia. The firm focuses on growth-stage investments across a diverse range of sectors, including B2B technology, healthcare IT, consumer software as a service, and medical devices. Sovereign's Capital aims to capitalize on opportunities in the United States and Southeast Asia, particularly in industries that are experiencing growth due to an expanding middle class and are underrepresented in public markets. With a team possessing deep expertise in these areas, Sovereign's E&S seeks to enhance the value of its portfolio companies through strategic investments and operational improvements.

Phillip Jung

Partner, Venture Capital

Luke Roush

Co-Founder and Managing Partner

Kevin Sutantyo

Partner

Jake Thomsen

Managing Partner

Past deals in Indonesia

Komunal

Series A in 2024
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Komunal

Series B in 2023
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Printerous

Series A in 2020
Printerous is an online printing service based in Jakarta Barat, Indonesia, founded in 2012. The company specializes in producing a wide range of printed goods for both personal and business needs. Its offerings include items such as business cards, brochures, flyers, calendars, banners, T-shirts, posters, and various promotional products. Printerous aims to streamline the printing process by providing a convenient online platform, allowing customers to place orders without the hassle of visiting a physical store. This online approach not only saves time but also enhances efficiency for businesses in sectors such as corporate, food and beverages, and events. By digitizing traditional printing methods, Printerous facilitates easy access to high-quality printing solutions tailored to diverse client requirements.

Hacktiv8

Seed Round in 2020
Hacktiv8 is a prominent coding bootcamp in Indonesia, dedicated to transforming absolute beginners into job-ready developers. The institution offers comprehensive training programs that focus on essential skills such as HTML, CSS, and advanced JavaScript, preparing students for the demands of the tech industry. As a pioneer in the region, Hacktiv8 provides Income Share Agreements (ISA), allowing students to access education without upfront costs. Instead, students commit to sharing a portion of their future income, making quality education more accessible and reducing financial barriers. Through its innovative approach to coding education, Hacktiv8 aims to equip individuals with the skills necessary to thrive in the evolving digital landscape.

Grab

Series G in 2018
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.

Printerous

Seed Round in 2017
Printerous is an online printing service based in Jakarta Barat, Indonesia, founded in 2012. The company specializes in producing a wide range of printed goods for both personal and business needs. Its offerings include items such as business cards, brochures, flyers, calendars, banners, T-shirts, posters, and various promotional products. Printerous aims to streamline the printing process by providing a convenient online platform, allowing customers to place orders without the hassle of visiting a physical store. This online approach not only saves time but also enhances efficiency for businesses in sectors such as corporate, food and beverages, and events. By digitizing traditional printing methods, Printerous facilitates easy access to high-quality printing solutions tailored to diverse client requirements.

RebelWorks

Seed Round in 2016
RebelWorks, founded in 2016 and based in Jakarta, Indonesia, specializes in outsourced programming services for software development. The company caters to entrepreneurs by providing web and application development services designed to expedite the transformation of their ideas into world-class products. RebelWorks employs innovative methodologies to address long-standing industry challenges, offering a comprehensive understanding of investment perspectives, business viability, and technological realization. Through its advanced programming and coding expertise, RebelWorks aims to facilitate the development process for its clients, enabling them to bring their concepts to market more efficiently.

Summit Healthcare

Seed Round in 2015
Summit Healthcare is a medical training and simulation company focused on enhancing the skills of healthcare professionals and advancing continuing health education. Operating primarily in Indonesia, the company offers medical education and training services designed to improve the quality of healthcare. Summit Healthcare emphasizes providing access to relevant and updated content through innovative training and education methods, particularly targeting the nursing sector. By equipping nurses and healthcare professionals with the latest practices and care techniques, the company aims to support ongoing professional development and improve patient care outcomes.

Xendit

Seed Round in 2015
Xendit is a Southeast Asian fintech company that specializes in providing payment infrastructure primarily in Indonesia and the Philippines. Founded in 2014 by Moses Lo, Tessa Wijaya, Bo Chen, and Juan Gonzalez, Xendit offers a robust payment gateway platform that enables businesses to accept various forms of payments, including bank transfers, virtual accounts, and credit cards. The company simplifies payment processes through a suite of world-class APIs and an intuitive dashboard, allowing businesses to efficiently manage transactions, disburse payroll, and access loan services while also detecting fraud. By streamlining these financial operations, Xendit supports the growth of businesses in the region.

Berry Kitchen

Series A in 2015
Berry kitchen is a Indonesia’s online food catering industry. Berry Kitchen makes lunch boxes and bento meals, typically for office workers. It does the whole thing – it deals with suppliers, makes the food, does the packaging, and then delivers the food to clients.

Gift Card Indonesia

Series A in 2015
Gift Card Indonesia provides gift cards, membership cards, and coupons from various brands in Indonesia.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.