BEENEXT is a venture capital firm based in Singapore, established in 2015. It focuses on supporting early-stage technology startups, primarily in South East Asia, India, and Japan. The firm is managed by a team of serial entrepreneurs who leverage their operational experience and extensive networks to assist founders. BEENEXT emphasizes building a community of entrepreneurs, aiming to create a platform that is by and for founders. Since its inception, the firm has invested in over 180 companies globally, focusing on new digital platforms powered by data networks.
Hive Health is a digital FinTech platform that provides access to easy-to-use, affordable, and quality healthcare coverage plans in the Philippines.
Protos Labs
Seed Round in 2023
Protos Labs is a Singapore-based cyber risk management company founded by former leaders from Booz Allen. The company focuses on enhancing the ability of insurers and enterprises to manage cyber risk through its innovative, AI-driven platform. This platform provides real-time, data-driven risk insights by integrating information from various sources, including security tools and threat intelligence feeds. By employing a unique threat-informed approach, Protos Labs assesses an organization's cyber resiliency dynamically, allowing insurers to quantify their clients' cyber risk exposure accurately. This capability helps reduce the likelihood of breaches and enables insurers to monitor changes in a client's risk profile over time, ultimately enhancing overall cybersecurity measures.
Esensi Solusi Buana
Series B in 2022
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Mekari
Series E in 2022
Mekari is a software-as-a-service (SaaS) company based in Jakarta, Indonesia, specializing in cloud-based business automation technology. Founded in 2015, Mekari provides a suite of solutions designed for business-to-business (B2B) applications, catering to a diverse clientele that includes multinational corporations as well as micro, small, and medium enterprises (MSMEs). The company's software facilitates the digitization and automation of various operational processes, allowing businesses to manage critical areas such as human resources, finance, and taxation while ensuring compliance with relevant regulations. By streamlining administrative tasks, Mekari enables organizations to concentrate on more strategic initiatives, enhancing overall operational efficiency.
Zenius
Series B in 2022
Zenius is an online education platform dedicated to enhancing the learning experience of Indonesian students by promoting critical thinking and scientific knowledge. The company offers subscription-based self-learning materials tailored for K12 students throughout Indonesia. Its platform provides educational videos that are accessible online and also available offline through CDs and DVDs. By utilizing a visual medium, Zenius aims to deliver critical, logical, and integrated scientific knowledge, making learning engaging and effective for its users.
Potato Play
Seed Round in 2022
Potato Play is a Singapore-based publisher focused on transforming mobile games from Asia into global successes through a data-driven approach. The company specializes in developing games across various genres, including puzzles, action, and racing, ensuring an engaging experience for players. Founded by a leadership team with extensive experience in the gaming industry, Potato Play leverages its expertise to create and promote captivating mobile games that appeal to a worldwide audience.
Andalin
Venture Round in 2022
Andalin is an international trade platform that specializes in logistics and facilitates global export and import activities. Offering a comprehensive solution, the platform simplifies cross-border shipping for businesses, particularly small and medium-sized enterprises (SMEs). With a Customs Brokerage and International Freight Forwarding license, Andalin provides essential services such as freight arrangements and customs clearance, ensuring transparency and high-quality customer service for its clients. The platform has successfully served hundreds of businesses in Indonesia, including both national and multinational companies, enhancing their ability to navigate the complexities of international trade.
PDAX | Philippine Digital Asset Exchange
Series B in 2022
PDAX is the first order-book based digital currency exchange in The Philippines that enables users to buy, sell, trade and digital assets such as Bitcoin against the Philippine Peso. Its trade matching engine ensures liquidity and globally competitive prices in a market that has historically been too costly for the average Filipino to access. For more information please visit pdax.ph.
Gotrade
Series A in 2022
Gotrade is a fractional share trading startup that provides an application enabling retail investors in 150 countries to invest commission-free in fractions of companies. The platform offers access to public equity markets, allowing users to trade fractional U.S. stocks specifically within Indonesian markets. It incorporates biometric access and bit encryption to enhance security, facilitating a low-risk investment environment. Users with accounts under $25,000 are permitted to make a maximum of three day trades every five trading days. Currently, access to the service is available on an invite-only basis.
VCGamers
Seed Round in 2022
VCGamers is a social commerce platform based in Bekasi, Indonesia, designed for gamers to trade, connect, and share their gaming experiences. Initially established as a service provider for game top-ups and digital products, VCGamers has transformed into a comprehensive social marketplace that facilitates secure and convenient transactions. The platform allows users to buy and sell in-game currencies, items, and services, while also enabling them to discover new games and engage with fellow gamers. Additionally, VCGamers offers daily updates on gaming, esports, technology, and gadgets through its VCNews service. The company collaborates with various ecosystem partners, including brands, esports teams, game developers, and event organizers, to enhance the gaming community experience.
Brankas
Series B in 2022
Brankas is a fintech company that provides financial software and solutions. The company providing large-scaling payment, transaction, and cash management systems for e-commerce, SMEs, Fortune 100, 500, and ASEAN 50 companies. it uses its APIs and systems to essentially slot new services into their platform. Brankas operates a platform that gives banks and financial companies the tech to roll out digital products and embrace online services. The company helps its users to manage their accounts and payments directly with APIs and user dashboards to automate payment processing with enterprise-grade security. Brankas was founded in August 2016 and is based in Dki Jakarta, Jakarta Raya, Indonesia
Brankas
Series B in 2021
Brankas is a fintech company that provides financial software and solutions. The company providing large-scaling payment, transaction, and cash management systems for e-commerce, SMEs, Fortune 100, 500, and ASEAN 50 companies. it uses its APIs and systems to essentially slot new services into their platform. Brankas operates a platform that gives banks and financial companies the tech to roll out digital products and embrace online services. The company helps its users to manage their accounts and payments directly with APIs and user dashboards to automate payment processing with enterprise-grade security. Brankas was founded in August 2016 and is based in Dki Jakarta, Jakarta Raya, Indonesia
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Makmur
Seed Round in 2021
MAKMUR is a start-up that provides technology-based investment app to help Indonesians plan their financial goals and invest for the long term easily, safely, and sustainably.
Fintelite
Pre Seed Round in 2021
Sribuu is an AI-powered personal financial advisor that help Indonesians reach their financial dreams. We help our users to understand their money decisions with our wealth management tools and give a personalized saving advice based on their financial habits.
PDAX | Philippine Digital Asset Exchange
Venture Round in 2021
PDAX is the first order-book based digital currency exchange in The Philippines that enables users to buy, sell, trade and digital assets such as Bitcoin against the Philippine Peso. Its trade matching engine ensures liquidity and globally competitive prices in a market that has historically been too costly for the average Filipino to access. For more information please visit pdax.ph.
Edmicro
Seed Round in 2021
Edmicro is an education technology company that operates an online learning platform tailored for Vietnamese students. Established in 2018 and based in Hanoi, the company offers a cloud-computing solution named Onluyen, which facilitates self-learning through personalized experiences. The platform features a virtual classroom, a digital library, smart reporting, microlearning modules, and assessments to track progress and outcomes. Edmicro's technology automates the creation of educational resources, aligning content with specific learning objectives while adapting to individual learners' profiles and knowledge gaps. This comprehensive approach aims to enhance students' ability to learn, practice, and master their subjects effectively.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Raena
Series A in 2021
Raena is an Indonesian startup focused on empowering social media influencers to create their own e-commerce brands. Founded by Sreejita Deb, an alumna of Harvard Business School with experience at Google and Amazon, Raena provides a web-based platform that allows Indonesian consumers to purchase beauty products sourced mainly from Japan and Korea. The platform not only offers a diverse selection of beauty and skincare products but also provides ready-made content to assist influencers in marketing their brands. By connecting emerging brands worldwide for drop shipping, Raena aims to streamline the online beauty business, facilitating access to high-quality products for both beauty entrepreneurs and consumers.
Zenius
Series B in 2021
Zenius is an online education platform dedicated to enhancing the learning experience of Indonesian students by promoting critical thinking and scientific knowledge. The company offers subscription-based self-learning materials tailored for K12 students throughout Indonesia. Its platform provides educational videos that are accessible online and also available offline through CDs and DVDs. By utilizing a visual medium, Zenius aims to deliver critical, logical, and integrated scientific knowledge, making learning engaging and effective for its users.
Andalin
Venture Round in 2020
Andalin is an international trade platform that specializes in logistics and facilitates global export and import activities. Offering a comprehensive solution, the platform simplifies cross-border shipping for businesses, particularly small and medium-sized enterprises (SMEs). With a Customs Brokerage and International Freight Forwarding license, Andalin provides essential services such as freight arrangements and customs clearance, ensuring transparency and high-quality customer service for its clients. The platform has successfully served hundreds of businesses in Indonesia, including both national and multinational companies, enhancing their ability to navigate the complexities of international trade.
Potato Play
Seed Round in 2020
Potato Play is a Singapore-based publisher focused on transforming mobile games from Asia into global successes through a data-driven approach. The company specializes in developing games across various genres, including puzzles, action, and racing, ensuring an engaging experience for players. Founded by a leadership team with extensive experience in the gaming industry, Potato Play leverages its expertise to create and promote captivating mobile games that appeal to a worldwide audience.
Trusting Social
Series B in 2020
Trusting Social is an AI fintech company focused on enhancing financial inclusion for underbanked populations through innovative credit risk and identity verification solutions. By utilizing proprietary machine learning algorithms and alternative data sources, Trusting Social provides financial institutions with consumer credit scores that extend beyond traditional methods. This enables lenders to assess credit risk, verify identity, and confidently offer loans to individuals who lack conventional credit histories. Operating in Vietnam, Indonesia, India, and the Philippines, Trusting Social's platform addresses the needs of financially invisible consumers, facilitating access to credit for those often overlooked by traditional credit bureaus.
Sprout Solutions
Series A in 2019
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.
Akseleran
Series A in 2019
Akseleran operates a peer-to-peer lending platform that links small and midsize enterprises (SMEs) seeking loans with lenders looking to invest their funds. The platform provides businesses with access to capital at competitive interest rates, offering flexible loan tenors and various payment models. Akseleran streamlines the lending process by managing administrative tasks, facilitating easier access to necessary funding for entrepreneurs. Additionally, the platform creates alternative lending opportunities for individuals in Indonesia, allowing them to earn attractive returns that align with the associated risks.
Trusting Social
Series A in 2019
Trusting Social is an AI fintech company focused on enhancing financial inclusion for underbanked populations through innovative credit risk and identity verification solutions. By utilizing proprietary machine learning algorithms and alternative data sources, Trusting Social provides financial institutions with consumer credit scores that extend beyond traditional methods. This enables lenders to assess credit risk, verify identity, and confidently offer loans to individuals who lack conventional credit histories. Operating in Vietnam, Indonesia, India, and the Philippines, Trusting Social's platform addresses the needs of financially invisible consumers, facilitating access to credit for those often overlooked by traditional credit bureaus.
Raena
Seed Round in 2019
Raena is an Indonesian startup focused on empowering social media influencers to create their own e-commerce brands. Founded by Sreejita Deb, an alumna of Harvard Business School with experience at Google and Amazon, Raena provides a web-based platform that allows Indonesian consumers to purchase beauty products sourced mainly from Japan and Korea. The platform not only offers a diverse selection of beauty and skincare products but also provides ready-made content to assist influencers in marketing their brands. By connecting emerging brands worldwide for drop shipping, Raena aims to streamline the online beauty business, facilitating access to high-quality products for both beauty entrepreneurs and consumers.
Wallex
Seed Round in 2018
Wallex Technologies Pte, Ltd. is a Singapore-based company that develops and operates an online cash management platform tailored for SMEs and Fintechs in Asia. Incorporated in 2015, it provides a range of financial solutions, including virtual accounts for collections and disbursements, a multi-currency wallet, foreign exchange conversions, and cross-border payments. Through its platform, customers can transact in 46 currencies, benefiting from fast and seamless transactions along with competitive exchange rates and fees. Additionally, Wallex offers an API that allows for real-time foreign exchange execution, enhancing the efficiency of international transactions. With offices in China, Indonesia, and Hong Kong, Wallex aims to facilitate easier and more effective cross-border financial activities for its clients.
Mekari
Series B in 2018
Mekari is a software-as-a-service (SaaS) company based in Jakarta, Indonesia, specializing in cloud-based business automation technology. Founded in 2015, Mekari provides a suite of solutions designed for business-to-business (B2B) applications, catering to a diverse clientele that includes multinational corporations as well as micro, small, and medium enterprises (MSMEs). The company's software facilitates the digitization and automation of various operational processes, allowing businesses to manage critical areas such as human resources, finance, and taxation while ensuring compliance with relevant regulations. By streamlining administrative tasks, Mekari enables organizations to concentrate on more strategic initiatives, enhancing overall operational efficiency.
Sendo
Series B in 2018
Sendo is an eCommerce platform based in Ho Chi Minh City, Vietnam, founded in 2012. It provides a diverse selection of consumer products, including clothing, homeware, cosmetics, tech accessories, and groceries. The platform facilitates online shopping by offering daily deals, promotions, and a comprehensive product listing across multiple categories such as women's and men's fashion, mother and baby products, food, and sports and entertainment. Additionally, Sendo's delivery network spans 64 cities in Vietnam, allowing users to make payments through various methods, including credit and ATM cards or bank transfers.
Sprout Solutions
Seed Round in 2018
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.
SolarHome
Convertible Note in 2018
SolarHome is a pioneering company in Southeast Asia, specializing in Pay-As-You-Go solar solutions for off-grid households. The company installs integrated solar energy systems and appliances in homes and offers affordable rent-to-own plans, significantly lowering the barriers to solar technology adoption for low-income clients. With a focus on social impact, SolarHome targets the 27 million households in Southeast Asia that lack access to the electric grid. Headquartered in Singapore, the company currently operates in Myanmar and aims to provide sustainable energy solutions to underserved communities. SolarHome was developed by FORUM, a leading fintech venture builder in Emerging Asia, which supports its innovative approach to renewable energy access.
SolarHome
Venture Round in 2017
SolarHome is a pioneering company in Southeast Asia, specializing in Pay-As-You-Go solar solutions for off-grid households. The company installs integrated solar energy systems and appliances in homes and offers affordable rent-to-own plans, significantly lowering the barriers to solar technology adoption for low-income clients. With a focus on social impact, SolarHome targets the 27 million households in Southeast Asia that lack access to the electric grid. Headquartered in Singapore, the company currently operates in Myanmar and aims to provide sustainable energy solutions to underserved communities. SolarHome was developed by FORUM, a leading fintech venture builder in Emerging Asia, which supports its innovative approach to renewable energy access.
Dekoruma
Series A in 2016
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture in Jakarta, Indonesia. Founded in 2015, the company offers a diverse range of products, including kitchen and dining room items, decor, mattresses, and household appliances. In addition to retail, Dekoruma connects customers with interior designers, suppliers, and vendors, aiming to enhance the efficiency of the home and living industry. The platform is designed to meet the home decor needs of customers at affordable prices, making it a comprehensive solution for interior design and furnishing.
Oway
Series C in 2016
Oway, Inc. is a travel agency based in Yangon, Myanmar, founded in 2012. The company operates an online platform that allows users to book a variety of travel services, including flights, hotels, car rentals, and tours. Oway caters to both business travelers and consumers, offering solutions that include corporate travel management, visa assistance, and event planning. Additionally, the company provides taxi-hailing and e-payment services through its mobile application and website, facilitating efficient travel for its clients. With a comprehensive inventory and multiple payment options, Oway aims to enhance the travel experience for local and international customers.
90 Seconds
Series A in 2016
90 Seconds Limited is a cloud video production platform that simplifies the video-making process for brands and agencies. Founded in 2010 and headquartered in Auckland, New Zealand, with additional offices in Singapore, London, Tokyo, Manila, and Sydney, the platform enables users to purchase, plan, shoot, edit, and review videos from anywhere in the world, both online and on mobile devices. It offers a variety of video production services, including corporate video production, YouTube content, and online video marketing. The company connects clients with a global network of creative professionals, including videographers, editors, and animators, allowing for efficient collaboration on projects. With a team of around 100 employees, 90 Seconds has produced over 32,000 videos across 100 countries, serving major brands such as Apple, Amazon, and Salesforce.
Kaodim Group
Series A in 2015
The Kaodim Group is a leading services marketplace in Southeast Asia, with operations in Malaysia, Singapore, the Philippines, and Indonesia. Headquartered in Malaysia, Kaodim connects local communities with verified service professionals for various everyday tasks, including cleaning, plumbing, and photography. The platform offers users free access to trusted service providers, allowing them to receive customized quotations and view personalized profiles along with user reviews. This innovative approach transforms local businesses through user-friendly mobile and web applications available on major platforms.
HappyFresh
Series A in 2015
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.
Oway
Series B in 2015
Oway, Inc. is a travel agency based in Yangon, Myanmar, founded in 2012. The company operates an online platform that allows users to book a variety of travel services, including flights, hotels, car rentals, and tours. Oway caters to both business travelers and consumers, offering solutions that include corporate travel management, visa assistance, and event planning. Additionally, the company provides taxi-hailing and e-payment services through its mobile application and website, facilitating efficient travel for its clients. With a comprehensive inventory and multiple payment options, Oway aims to enhance the travel experience for local and international customers.
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