Vertex Holdings

Vertex Holdings is a venture capital firm founded in 1988 and based in Singapore, with a focus on investing in the technology and healthcare sectors. It operates a global network of operator-investors, managing portfolios across the U.S., China, Israel, India, and Southeast Asia. Vertex Holdings aims to support innovative entrepreneurs by providing them with essential operating experience and access to capital, talent, partners, and customers necessary for building successful global businesses. The firm emphasizes early-stage investments, particularly in enterprise and deep tech companies, and seeks to be a dedicated partner to startups from their inception.

Jeff Chang

Managing Director

Jeff Chang

Managing Director

Wang Jin Chee

Venture Partner

KL Chua

Managing Partner

Jonathan Heiliger

General Partner

David Heller

Managing Partner

Jiang Hong Hui

Managing Director, Investments

Gary Khoeng

Partner, Investment

Kheng Nam Lee

Deputy Chairman

Kee Lock Chua

Managing Partner

Ben Mathias

Managing Partner

Kanika Mayar

Partner, Investment

Seow Lan Pang

Managing Director

Domenic Perri

Partner

Megan Reynolds

Principal

Sik Rhee

General Partner

Insik Rhee

General Partner

Chase Roberts

Principal

Gideon Shichman

General Partner

Choon Chong TAY

Managing Partner

Sin Tham

Managing Director, Fund Operations

Brian Toh

Managing Director, Partnership Group

Zhijin Xia

Partner

Ying XU

General Partner

Past deals in Retail Technology

Unity SCM

Series A in 2023
Developer of a SaaS-based chain operation platform designed to collect and organize data in one place. The company aims to streamline the supply chain, disruption discovery, and automated workflows by collecting data from reports, databases, and application programming interfaces and harmonizing it into a single digital view, enabling manufacturers with end-to-end visibility of supply chain operations.

Nexite

Series C in 2022
Nexite Ltd, founded in 2017 and headquartered in Tel Aviv, Israel, specializes in developing a platform that enhances engagement with physical items through innovative technology. The company's offerings include miniature, battery-free IoT tags that can be embedded in products, providing item tracking and inventory transparency from manufacturing to the customer. These tags are designed to be read by any smartphone and are cost-effective compared to similar solutions. Nexite's platform allows retailers and brands to gain real-time insights into customer behavior and item performance, facilitating improved stock management, loss prevention, and omnichannel commerce. By integrating physical merchandise into the cloud, Nexite enables businesses to optimize in-store sales and create new revenue streams while enhancing the overall shopping experience.

Cymbio

Series B in 2021
Cymbio operates an online software platform that connects brands with their retail partners in real-time, facilitating improved collaboration and sales opportunities. By automating time-consuming processes, Cymbio acts as a bridge between brands, retailers, and drop ship programs, allowing brands to enhance sales across their retail channels while maintaining control over merchandising, pricing, and visibility. Retailers benefit from Cymbio's services by being able to offer a broader selection of products to consumers without incurring additional inventory risks. This unified approach helps strengthen partnerships and supports clients in generating new business opportunities.

Tulip Interfaces

Series C in 2021
Tulip Interfaces, Inc. is a company that specializes in developing applications for the manufacturing sector. Founded in 2012 and based in Somerville, Massachusetts, Tulip offers a Manufacturing App Platform that integrates data from various sources, including sensors, to create real-time digital work instructions and visualizations. This platform connects existing shop floor equipment with operator inputs, enhancing operational efficiency. Tulip's technology leverages advancements in intelligent hardware, computer vision, user interfaces, and machine learning, bridging the gap between traditional manufacturing IT systems and the dynamic needs of the shop floor. The company serves a diverse range of industries, including consumer electronics, pharmaceuticals, apparel, and medical devices, with its solutions deployed across multiple global customers.

Warung Pintar

Series B in 2021
Warung Pintar is a micro retail technology company focused on enhancing the livelihoods of street vendors and underserved communities in Indonesia. By offering smart kiosk stores, Warung Pintar transforms traditional stalls with modern features such as digital point-of-sale systems, free Wi-Fi, and LCD screens. This technological integration not only improves the appearance and functionality of vendor stalls but also provides essential support for individuals seeking to establish their own businesses. Additionally, the company facilitates access to funding and land for aspiring shop owners, fostering financial inclusion and community engagement. Through data processing and analysis, Warung Pintar creates opportunities for social security and behavior monitoring, ultimately aiming to empower grassroots populations and stimulate economic growth in their communities.

Cymbio

Series A in 2021
Cymbio operates an online software platform that connects brands with their retail partners in real-time, facilitating improved collaboration and sales opportunities. By automating time-consuming processes, Cymbio acts as a bridge between brands, retailers, and drop ship programs, allowing brands to enhance sales across their retail channels while maintaining control over merchandising, pricing, and visibility. Retailers benefit from Cymbio's services by being able to offer a broader selection of products to consumers without incurring additional inventory risks. This unified approach helps strengthen partnerships and supports clients in generating new business opportunities.

Nexite

Series B in 2020
Nexite Ltd, founded in 2017 and headquartered in Tel Aviv, Israel, specializes in developing a platform that enhances engagement with physical items through innovative technology. The company's offerings include miniature, battery-free IoT tags that can be embedded in products, providing item tracking and inventory transparency from manufacturing to the customer. These tags are designed to be read by any smartphone and are cost-effective compared to similar solutions. Nexite's platform allows retailers and brands to gain real-time insights into customer behavior and item performance, facilitating improved stock management, loss prevention, and omnichannel commerce. By integrating physical merchandise into the cloud, Nexite enables businesses to optimize in-store sales and create new revenue streams while enhancing the overall shopping experience.

Unity SCM

Pre Seed Round in 2020
Developer of a SaaS-based chain operation platform designed to collect and organize data in one place. The company aims to streamline the supply chain, disruption discovery, and automated workflows by collecting data from reports, databases, and application programming interfaces and harmonizing it into a single digital view, enabling manufacturers with end-to-end visibility of supply chain operations.

Geek+

Series C in 2020
Geek+ has delivered the largest numbers of logistics robots among its peers in China. The company's customers include e-commerce platforms, third-party logistics providers, express delivery companies, offline retailers and manufacturers of apparels, pharmaceuticals, automobiles and electronics products. Geek+ has also established strategic partnerships with a number of key customers to co-develop customized AI and robotic solutions across different industries and applications.

Ace Turtle

Venture Round in 2019
Ace Turtle Services Pvt Ltd is a technology and services company based in Bengaluru, India, specializing in e-commerce and multichannel solutions for brands and retailers. Established in 2013, the company offers a comprehensive platform that integrates online and offline retail channels, facilitating automated omnichannel fulfillment. Its services include technology, logistics, customer support, and marketing, aimed at improving the post-click commerce experience. Ace Turtle's enterprise solutions enable businesses to optimize inventory management, enhance margins, and increase in-store traffic through a robust order management system. The company also provides marketing solutions focused on proximity, augmented, and performance marketing, allowing brands to extend their reach into new markets and business models. With an additional office in Singapore, Ace Turtle is committed to helping brands and retailers navigate the complexities of omnichannel transformation.

Tulip Interfaces

Series B in 2019
Tulip Interfaces, Inc. is a company that specializes in developing applications for the manufacturing sector. Founded in 2012 and based in Somerville, Massachusetts, Tulip offers a Manufacturing App Platform that integrates data from various sources, including sensors, to create real-time digital work instructions and visualizations. This platform connects existing shop floor equipment with operator inputs, enhancing operational efficiency. Tulip's technology leverages advancements in intelligent hardware, computer vision, user interfaces, and machine learning, bridging the gap between traditional manufacturing IT systems and the dynamic needs of the shop floor. The company serves a diverse range of industries, including consumer electronics, pharmaceuticals, apparel, and medical devices, with its solutions deployed across multiple global customers.

Warung Pintar

Series A in 2019
Warung Pintar is a micro retail technology company focused on enhancing the livelihoods of street vendors and underserved communities in Indonesia. By offering smart kiosk stores, Warung Pintar transforms traditional stalls with modern features such as digital point-of-sale systems, free Wi-Fi, and LCD screens. This technological integration not only improves the appearance and functionality of vendor stalls but also provides essential support for individuals seeking to establish their own businesses. Additionally, the company facilitates access to funding and land for aspiring shop owners, fostering financial inclusion and community engagement. Through data processing and analysis, Warung Pintar creates opportunities for social security and behavior monitoring, ultimately aiming to empower grassroots populations and stimulate economic growth in their communities.

Geek+

Series B in 2018
Geek+ has delivered the largest numbers of logistics robots among its peers in China. The company's customers include e-commerce platforms, third-party logistics providers, express delivery companies, offline retailers and manufacturers of apparels, pharmaceuticals, automobiles and electronics products. Geek+ has also established strategic partnerships with a number of key customers to co-develop customized AI and robotic solutions across different industries and applications.

Nexite

Series A in 2018
Nexite Ltd, founded in 2017 and headquartered in Tel Aviv, Israel, specializes in developing a platform that enhances engagement with physical items through innovative technology. The company's offerings include miniature, battery-free IoT tags that can be embedded in products, providing item tracking and inventory transparency from manufacturing to the customer. These tags are designed to be read by any smartphone and are cost-effective compared to similar solutions. Nexite's platform allows retailers and brands to gain real-time insights into customer behavior and item performance, facilitating improved stock management, loss prevention, and omnichannel commerce. By integrating physical merchandise into the cloud, Nexite enables businesses to optimize in-store sales and create new revenue streams while enhancing the overall shopping experience.

Warung Pintar

Seed Round in 2018
Warung Pintar is a micro retail technology company focused on enhancing the livelihoods of street vendors and underserved communities in Indonesia. By offering smart kiosk stores, Warung Pintar transforms traditional stalls with modern features such as digital point-of-sale systems, free Wi-Fi, and LCD screens. This technological integration not only improves the appearance and functionality of vendor stalls but also provides essential support for individuals seeking to establish their own businesses. Additionally, the company facilitates access to funding and land for aspiring shop owners, fostering financial inclusion and community engagement. Through data processing and analysis, Warung Pintar creates opportunities for social security and behavior monitoring, ultimately aiming to empower grassroots populations and stimulate economic growth in their communities.

Dor

Series A in 2018
Dor Technologies, Inc., founded in 2015 and headquartered in San Francisco, California, specializes in retail traffic counting solutions. The company develops a wireless, thermal-sensing foot traffic sensor that provides real-time analysis and insights through a web and mobile-based application. This technology enables retailers, store operators, and nonprofits to measure store performance effectively. By utilizing big data, Dor's system aids clients in making informed staffing and marketing decisions, ultimately increasing revenue while saving time. The company's focus on providing an affordable and accurate foot traffic counting solution democratizes access to valuable data for retailers of all sizes.

UWinTech

Series B in 2018
Uwintech is One-stop IT operation and maintenance and DevOps.

Trigo

Seed Round in 2018
Trigo is a developer of AI-based automated retail checkout systems, founded in 2018 and headquartered in Herzliya, Tel Aviv, Israel. The company offers an automation platform that enhances retail operations by accurately identifying customers' shopping items using artificial intelligence, algorithms, and ceiling-mounted cameras. This technology not only prevents shoplifting but also delivers valuable retail insights and fosters new levels of customer engagement. By facilitating a no-checkout shopping experience, Trigo enables retail stores to leverage advanced AI technology, applying deep learning to create a seamless and efficient checkout process for customers.

StoreHub

Series A in 2018
StoreHub Sdn Bhd is a Malaysian company that specializes in developing cloud-based point-of-sale (POS) systems tailored for retailers and food and beverage businesses. Founded in 2013 and headquartered in Petaling Jaya, the company provides tools that facilitate real-time reporting, inventory management, and customer data collection. Its POS systems are designed to support various functionalities, including managing goods and services tax, tracking buyer activity, customizing receipts, and applying discounts and promotions. StoreHub serves a diverse clientele, including boutiques, food trucks, cafes, and franchises, helping them digitize operations and enhance revenue growth. Over the years, the company has expanded its reach to over 12,000 businesses across Southeast Asia, with offices in Kuala Lumpur, Shanghai, Manila, and Bangkok.

EasyRetailPro

Series B in 2017
EasyRetailPro, operated by Shanghai Yikun, specializes in developing a cloud-based social customer relationship management platform tailored for the retail sector. The company focuses on enhancing brand and consumer interactions by utilizing big data analysis to provide insights and facilitate effective marketing strategies. Its platform allows for flexible membership grouping and aims to simplify the management of retail operations by integrating sales, service, and marketing functions. With a deep understanding of the retail landscape, EasyRetailPro is committed to helping brands and retailers leverage consumer relationships as core assets, ensuring they meet evolving market demands and improve overall customer engagement. The company’s expertise spans e-commerce, traditional retail, and mobile internet services, positioning it to drive innovation in the retail ecosystem.

Guoxiaomei

Series C in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

Dor

Seed Round in 2017
Dor Technologies, Inc., founded in 2015 and headquartered in San Francisco, California, specializes in retail traffic counting solutions. The company develops a wireless, thermal-sensing foot traffic sensor that provides real-time analysis and insights through a web and mobile-based application. This technology enables retailers, store operators, and nonprofits to measure store performance effectively. By utilizing big data, Dor's system aids clients in making informed staffing and marketing decisions, ultimately increasing revenue while saving time. The company's focus on providing an affordable and accurate foot traffic counting solution democratizes access to valuable data for retailers of all sizes.

Ace Turtle

Series A in 2017
Ace Turtle Services Pvt Ltd is a technology and services company based in Bengaluru, India, specializing in e-commerce and multichannel solutions for brands and retailers. Established in 2013, the company offers a comprehensive platform that integrates online and offline retail channels, facilitating automated omnichannel fulfillment. Its services include technology, logistics, customer support, and marketing, aimed at improving the post-click commerce experience. Ace Turtle's enterprise solutions enable businesses to optimize inventory management, enhance margins, and increase in-store traffic through a robust order management system. The company also provides marketing solutions focused on proximity, augmented, and performance marketing, allowing brands to extend their reach into new markets and business models. With an additional office in Singapore, Ace Turtle is committed to helping brands and retailers navigate the complexities of omnichannel transformation.

Geek+

Series A in 2017
Geek+ has delivered the largest numbers of logistics robots among its peers in China. The company's customers include e-commerce platforms, third-party logistics providers, express delivery companies, offline retailers and manufacturers of apparels, pharmaceuticals, automobiles and electronics products. Geek+ has also established strategic partnerships with a number of key customers to co-develop customized AI and robotic solutions across different industries and applications.
Customer Analytics Technologies Inc. specializes in the development of Cloudcherry, a cloud-based customer experience management and feedback software designed for both large enterprises and small to medium-sized enterprises (SMEs). The platform aims to enhance customer engagement by effectively mapping the customer journey across various touchpoints. It offers a suite of features, including customer delight measurement, omnichannel feedback capabilities, real-time notifications, Net Promoter Score (NPS) measurement, and an analytics dashboard. Users can create customizable questionnaires and access actionable insights, all while benefiting from role-based user management. The company serves a diverse range of industries, including banking, financial services, retail, hospitality, healthcare, and education. Founded in 2014, Customer Analytics Technologies Inc. is headquartered in Salt Lake City, Utah, with additional offices in Bengaluru, India; Singapore; and Cyberjaya, Malaysia.

GreenDust

Series C in 2013
Reverse Logistics Company Private Limited provides technology enabled reverse logistics solutions. The company technology platform that provides end-to-end data visibility of the returned products from point of origin to its final disposition. Reverse Logistics Company Private Limited was incorporated in 2008 and is based in New Delhi, India.

Innetech

Series A in 2013
Innetech (Tianjin) Electronics Co., Ltd. is a Chinese company based in Tianjin that specializes in the development and production of antennas and electronic components for mobile phones. The company offers comprehensive antenna solutions tailored for leading technology brands, ensuring reliable and high-quality performance. Innetech's services encompass research and development, as well as manufacturing critical components, including wireless communication radio frequency systems. Through its focus on innovation and quality, Innetech supports mobile phone manufacturers in enhancing their products' performance and connectivity.

GreenDust

Series B in 2012
Reverse Logistics Company Private Limited provides technology enabled reverse logistics solutions. The company technology platform that provides end-to-end data visibility of the returned products from point of origin to its final disposition. Reverse Logistics Company Private Limited was incorporated in 2008 and is based in New Delhi, India.

Universal Ad

Series B in 2008
Universal Ad specializes in providing an On Demand Promotions (ODP) Suite, a comprehensive retail promotions software system designed to streamline the planning, management, and creation of promotional campaigns. The software allows clients to develop promotional advertisements more efficiently, significantly reducing both the time and cost typically associated with such endeavors. By automating and integrating various aspects of retail advertising, Universal Ad enables businesses to generate high-quality, targeted advertisements in real-time, enhancing the effectiveness of their promotional strategies.

Tradeum

Series A in 1999
The Tradeum team of business and technology strategists, mathematicians, product developers, negotiation experts, economists and industry specialists are working together to bring advanced, innovative solutions to customers. Their Transaction Discovery™ model, the industry-leading approach to create successful digital marketplaces for clients, embraces cross-industry standards to rapidly build speed to market and time to liquidity. Tradeum helps clients to leverage and profit from the Internet exchange phenomenon that analysts predict will be the conduit for much of business-to-business e-commerce within the next five years. With the goal of successfully moving clients into this accelerating net business environment, Tradeum delivers the technology and solutions to build and host the most successful digital marketplaces.
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