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 GovTech

Trustero

Seed Round in 2022
Trustero specializes in providing compliance solutions for emerging enterprises, focusing on regulatory frameworks such as SOC 2 and ISO 27001. Its Compliance as a Service (CaaS) platform offers a continuous compliance dashboard, intelligent controls, customizable policies, and pre-built templates. Trustero supports businesses in maintaining regulatory compliance through comprehensive vulnerability assessments and security risk analyses. By leveraging artificial intelligence and advanced technologies, the company enhances clients' visibility into their compliance status, enabling them to gain actionable insights and effectively manage their operational processes and systems.

Vee

Seed Round in 2022
Vee one-stop mobile app and volunteer management platform offer mid-sized to enterprise companies an easy way to manage, track & maximize their employees' volunteering experience while enhancing productivity, engagement and internal communication.

Growthspace

Series A in 2021
At GrowthSpace, we believe that the future of Learning and Development is data-driven, measurable, and personalized for every employee. By combining the world’s most robust dataset and our network of global experts, we are able to help employees and teams achieve their professional goals and business KPIs at scale. Select from short growth sprints, group meetings, or lectures where employees can upskill, work on personal challenges, and improve their core competencies. There truly is greatness in every employee, GrowthSpace just helps bring it out.

Gredu

Series A in 2021
Gredu is an Indonesian edtech company established in 2016, focused on enhancing the educational experience for teachers, parents, and students through digital solutions. The company's platform includes the Gredu School Management System, Gredu Teacher, Gredu Parent, and Gredu Student, which together create a centralized management system aimed at streamlining school operations. By reducing teachers' workloads, facilitating parental access to information, and guiding students based on their individual potential, Gredu fosters a collaborative educational environment. The company aims to increase engagement within the school community, ultimately improving the overall schooling experience for all stakeholders involved.

Gredu

Series A in 2021
Gredu is an Indonesian edtech company established in 2016, focused on enhancing the educational experience for teachers, parents, and students through digital solutions. The company's platform includes the Gredu School Management System, Gredu Teacher, Gredu Parent, and Gredu Student, which together create a centralized management system aimed at streamlining school operations. By reducing teachers' workloads, facilitating parental access to information, and guiding students based on their individual potential, Gredu fosters a collaborative educational environment. The company aims to increase engagement within the school community, ultimately improving the overall schooling experience for all stakeholders involved.

Vee

Seed Round in 2021
Vee one-stop mobile app and volunteer management platform offer mid-sized to enterprise companies an easy way to manage, track & maximize their employees' volunteering experience while enhancing productivity, engagement and internal communication.

VGS

Series C in 2020
Very Good Security, Inc. is a data security platform focused on enabling users to collect, protect, and exchange sensitive information while minimizing compliance risks. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including VGS Vault for data vaulting, VGS Proxy for intelligent tokenization, and VGS Compliance to streamline audit processes and training. Its services cater to various sectors, such as finance and healthcare, allowing organizations to secure payment transactions, protect health records, and manage sensitive communications without altering existing systems. VGS's platform facilitates the secure handling of regulated data, mitigating the liability associated with data security and compliance breaches.

Vee

Pre Seed Round in 2020
Vee one-stop mobile app and volunteer management platform offer mid-sized to enterprise companies an easy way to manage, track & maximize their employees' volunteering experience while enhancing productivity, engagement and internal communication.

Gredu

Seed Round in 2020
Gredu is an Indonesian edtech company established in 2016, focused on enhancing the educational experience for teachers, parents, and students through digital solutions. The company's platform includes the Gredu School Management System, Gredu Teacher, Gredu Parent, and Gredu Student, which together create a centralized management system aimed at streamlining school operations. By reducing teachers' workloads, facilitating parental access to information, and guiding students based on their individual potential, Gredu fosters a collaborative educational environment. The company aims to increase engagement within the school community, ultimately improving the overall schooling experience for all stakeholders involved.

VGS

Corporate Round in 2020
Very Good Security, Inc. is a data security platform focused on enabling users to collect, protect, and exchange sensitive information while minimizing compliance risks. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including VGS Vault for data vaulting, VGS Proxy for intelligent tokenization, and VGS Compliance to streamline audit processes and training. Its services cater to various sectors, such as finance and healthcare, allowing organizations to secure payment transactions, protect health records, and manage sensitive communications without altering existing systems. VGS's platform facilitates the secure handling of regulated data, mitigating the liability associated with data security and compliance breaches.

VGS

Series B in 2019
Very Good Security, Inc. is a data security platform focused on enabling users to collect, protect, and exchange sensitive information while minimizing compliance risks. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including VGS Vault for data vaulting, VGS Proxy for intelligent tokenization, and VGS Compliance to streamline audit processes and training. Its services cater to various sectors, such as finance and healthcare, allowing organizations to secure payment transactions, protect health records, and manage sensitive communications without altering existing systems. VGS's platform facilitates the secure handling of regulated data, mitigating the liability associated with data security and compliance breaches.

Socash

Series B in 2019
Socash Pte Ltd. is a Singapore-based company that provides a digital platform facilitating cash transactions without the need for traditional ATMs. Established in 2015, it allows users to withdraw and deposit cash by placing orders at local merchants or neighborhood shops, effectively transforming these locations into virtual ATMs. This innovative approach not only enhances cash circulation but also helps shop owners attract more customers and generate additional income. Socash operates across Singapore, Indonesia, and Malaysia, bridging the gap between cash and digital payments while offering scalable last-mile banking and payment services. The company's infrastructure leverages the sharing economy to connect banks with retailers, streamlining cash handling and improving customer access to financial services.

Zencity

Series A in 2018
Zencity Technologies Ltd. develops an artificial intelligence (AI) based data analytics software tools to the government agencies. The company offers a software-as-a-service (SaaS) based software solution , which collects and analyses interactions across communication platforms, including social media, local broadcast media, and government customer service channels. It provides community feedback and actionable insights to the government agencies. The company was founded in 2014 and is based in Tel Aviv-Yafo, Israel.

VGS

Series A in 2018
Very Good Security, Inc. is a data security platform focused on enabling users to collect, protect, and exchange sensitive information while minimizing compliance risks. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including VGS Vault for data vaulting, VGS Proxy for intelligent tokenization, and VGS Compliance to streamline audit processes and training. Its services cater to various sectors, such as finance and healthcare, allowing organizations to secure payment transactions, protect health records, and manage sensitive communications without altering existing systems. VGS's platform facilitates the secure handling of regulated data, mitigating the liability associated with data security and compliance breaches.

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.

Socash

Series A in 2018
Socash Pte Ltd. is a Singapore-based company that provides a digital platform facilitating cash transactions without the need for traditional ATMs. Established in 2015, it allows users to withdraw and deposit cash by placing orders at local merchants or neighborhood shops, effectively transforming these locations into virtual ATMs. This innovative approach not only enhances cash circulation but also helps shop owners attract more customers and generate additional income. Socash operates across Singapore, Indonesia, and Malaysia, bridging the gap between cash and digital payments while offering scalable last-mile banking and payment services. The company's infrastructure leverages the sharing economy to connect banks with retailers, streamlining cash handling and improving customer access to financial services.

UWinTech

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

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.

Spacemob

Seed Round in 2016
Spacemob Pte. Ltd. is a co-working space provider based in Singapore, established in 2016. The company focuses on creating an environment that supports individuals and businesses by offering a range of amenities, including high-speed internet, conference rooms, private phone booths, and gym facilities. Spacemob also facilitates networking opportunities through access to a member network and hosts weekly events, allowing businesses to connect and collaborate effectively. As of August 2017, Spacemob operates as a subsidiary of WeWork Management LLC, enhancing its capabilities in providing both physical and digital workspaces.

VGS

Seed Round in 2016
Very Good Security, Inc. is a data security platform focused on enabling users to collect, protect, and exchange sensitive information while minimizing compliance risks. Founded in 2015 and headquartered in San Francisco, the company offers a range of solutions including VGS Vault for data vaulting, VGS Proxy for intelligent tokenization, and VGS Compliance to streamline audit processes and training. Its services cater to various sectors, such as finance and healthcare, allowing organizations to secure payment transactions, protect health records, and manage sensitive communications without altering existing systems. VGS's platform facilitates the secure handling of regulated data, mitigating the liability associated with data security and compliance breaches.

Grab

Series C in 2014
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.

YGChe

Series A in 2014
YGChe is a leading online platform in China targeting the pre-owned automobile market, utilizing an O2O model.

Grab

Series B in 2014
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.

Grab

Series A in 2013
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.

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.

VisionTech

Venture Round in 2000
VisionTech is a fabless chip company supplies digital video/audio MPEG-2compression and decompression chips enabling personal video recording (PVR), interactivevideoconferencing, and IP video streaming for the consumer electronics market.

MoreCom

Series F in 1999
MoreCom is a technology consulting firm that provides design, project management, training, and technology planning services. The firm focuses on developing reliable technology solutions that align with operational goals through effective architectural integration. Its clientele encompasses a diverse range of sectors, including local, state, and federal governments, courts, universities, schools, broadcasters, and various businesses and industries. MoreCom's expertise aims to enhance efficiency and support the specific needs of its clients through tailored technological solutions.

MoreCom

Series B in 1998
MoreCom is a technology consulting firm that provides design, project management, training, and technology planning services. The firm focuses on developing reliable technology solutions that align with operational goals through effective architectural integration. Its clientele encompasses a diverse range of sectors, including local, state, and federal governments, courts, universities, schools, broadcasters, and various businesses and industries. MoreCom's expertise aims to enhance efficiency and support the specific needs of its clients through tailored technological solutions.

MoreCom

Series A in 1997
MoreCom is a technology consulting firm that provides design, project management, training, and technology planning services. The firm focuses on developing reliable technology solutions that align with operational goals through effective architectural integration. Its clientele encompasses a diverse range of sectors, including local, state, and federal governments, courts, universities, schools, broadcasters, and various businesses and industries. MoreCom's expertise aims to enhance efficiency and support the specific needs of its clients through tailored technological solutions.
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