Funding Societies
Venture Round in 2025
Funding Societies is a digital financing company that specializes in providing loans to small and medium enterprises (SMEs) through its online platform. This platform connects individual and institutional investors with SMEs in need of financing, allowing these businesses to secure funds quickly and efficiently, often avoiding the lengthy processes associated with traditional banks. Operating in several Southeast Asian countries, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies offers a range of flexible financing options such as microloans, term loans, and invoice financing. The company employs advanced credit scoring and risk assessment models to evaluate the creditworthiness of borrowers, helping SMEs address urgent cash flow needs and support their growth objectives.
Komunal is a financial technology-based company that provides Peer-to-Peer Lending services in Indonesia which helps create relationships between potential SME and funders to support economic growth in Indonesia.
Carsome
Venture Round in 2023
Carsome is an online platform that simplifies the process of selling used cars for individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome's services include vehicle inspection, valuation, and a bidding system that connects sellers directly with dealers, allowing for a quick and efficient sale, often within a day. The platform also manages logistics and ownership transfers, ensuring a seamless experience for customers. In addition to selling cars, Carsome offers a curated selection of pre-owned vehicles for buyers. Overall, Carsome aims to provide a hassle-free and transparent car selling and buying experience.
Komunal is a financial technology-based company that provides Peer-to-Peer Lending services in Indonesia which helps create relationships between potential SME and funders to support economic growth in Indonesia.
Deliveree Logistics
Series C in 2022
SMART LOGISTICS | ZERO WASTE Indonesia, Philippines, Thailand Deliveree is a publicly available technology platform for businesses and individuals to book and manage road cargo transport in Southeast Asia. We operate in Indonesia, Philippines, and Thailand. With approximately 100,000 active commercial trucks and vehicles in the region, our scale and market positioning makes us the market's gold standard for on-demand and spot booking FTL and LTL cargo transport. Our mission is simple: To drastically reduce costs by bringing together excess cargo capacity with customers who need it on a high volume, real time, proximity basis. Put simply, we are making logistics smarter with the unrelenting goal of bringing cargo capacity waste to zero.
Carsome is an online platform that simplifies the process of selling used cars for individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome's services include vehicle inspection, valuation, and a bidding system that connects sellers directly with dealers, allowing for a quick and efficient sale, often within a day. The platform also manages logistics and ownership transfers, ensuring a seamless experience for customers. In addition to selling cars, Carsome offers a curated selection of pre-owned vehicles for buyers. Overall, Carsome aims to provide a hassle-free and transparent car selling and buying experience.
SleekFlow
Seed Round in 2021
SleekFlow is a developer of an omnichannel conversational AI suite focused on enhancing customer engagement. The platform facilitates seamless and personalized customer journeys across popular messaging channels such as WhatsApp, Instagram, and live chat. By leveraging advanced conversational AI capabilities, SleekFlow aims to streamline business operations, enabling marketing, sales, and support teams to prioritize meaningful interactions. The solution automates routine tasks, optimizes customer interactions, and provides consistent support, empowering businesses to scale effectively. Headquartered in Singapore, SleekFlow also operates in Hong Kong, Malaysia, Indonesia, Brazil, and the UAE. In August 2024, the company raised $7 million in a Series A+ funding round, bringing its total funding to $15 million.
Deliveree Logistics
Series B in 2020
SMART LOGISTICS | ZERO WASTE Indonesia, Philippines, Thailand Deliveree is a publicly available technology platform for businesses and individuals to book and manage road cargo transport in Southeast Asia. We operate in Indonesia, Philippines, and Thailand. With approximately 100,000 active commercial trucks and vehicles in the region, our scale and market positioning makes us the market's gold standard for on-demand and spot booking FTL and LTL cargo transport. Our mission is simple: To drastically reduce costs by bringing together excess cargo capacity with customers who need it on a high volume, real time, proximity basis. Put simply, we are making logistics smarter with the unrelenting goal of bringing cargo capacity waste to zero.
Eureka is an information technology company that specializes in data analytics, big data, and artificial intelligence. It features an AI-based software application platform that utilizes artificial intelligence, mobile operator data, and proprietary data, which provides insights for businesses, companies, and organizations to communicate with potential and existing customers. The company was founded in 2016 and headquartered in Jakarta Raya, Indonesia.
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.
Carsome is an online platform that simplifies the process of selling used cars for individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome's services include vehicle inspection, valuation, and a bidding system that connects sellers directly with dealers, allowing for a quick and efficient sale, often within a day. The platform also manages logistics and ownership transfers, ensuring a seamless experience for customers. In addition to selling cars, Carsome offers a curated selection of pre-owned vehicles for buyers. Overall, Carsome aims to provide a hassle-free and transparent car selling and buying experience.
Populix
Seed Round in 2019
Populix is a consumer insights platform based in Jakarta, Indonesia, founded in 2018. The platform connects businesses and institutions with a pool of approximately 300,000 qualified respondents, facilitating both qualitative and quantitative research. Populix supports clients throughout the entire research process, from study design and respondent recruitment to data analysis and recommendations, ensuring rapid and high-quality outputs. The platform allows users to launch studies, commission ad-hoc projects, subscribe to specialized respondent panels, and purchase pre-existing datasets and reports. This comprehensive approach enables businesses, academic institutions, and governments to access accurate and timely data for informed decision-making.
SuperAtom
Venture Round in 2019
SuperAtom is a financial technology company that provides traditional financial services that help to improve financial conditions. The company offers its flagship product UangMe which is a cash loan and buy now pay later platform by delivering a seamless user experience and tapping into mature credit markets to provide local users with access to low-cost financing catering to the Indonesian market.
DOOgether
Seed Round in 2019
DOOgether is a leading healthy lifestyle application based in Indonesia, aimed at promoting fitness and wellness among its users. The platform simplifies the booking of workout classes, both offline and virtual, and facilitates the purchase of healthy catering options. By providing access to sports facilities, fitness studios, and sports events, DOOgether encourages customers to engage in regular exercise and adopt a healthier lifestyle. The application serves as a comprehensive solution for individuals seeking to enhance their well-being through convenient access to fitness resources and nutritious food options.
GoWork is Indonesia’s premium coworking space with a mission to help people be their best. GoWork provide world-class workspaces that are inspiring and fully equipped with amenities and tools to help companies thrive. GoWork pursues its mission by creating business community platforms for its members through researched spatial design, integrated technology and empowering content and services. The venture is backed by several well-known venture capitalists and partnered with leading brands in coworking, lifestyle and real estate.
iPrice Group
Corporate Round in 2018
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
Carsome is an online platform that simplifies the process of selling used cars for individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome's services include vehicle inspection, valuation, and a bidding system that connects sellers directly with dealers, allowing for a quick and efficient sale, often within a day. The platform also manages logistics and ownership transfers, ensuring a seamless experience for customers. In addition to selling cars, Carsome offers a curated selection of pre-owned vehicles for buyers. Overall, Carsome aims to provide a hassle-free and transparent car selling and buying experience.
Deliveree Logistics
Series A in 2017
SMART LOGISTICS | ZERO WASTE Indonesia, Philippines, Thailand Deliveree is a publicly available technology platform for businesses and individuals to book and manage road cargo transport in Southeast Asia. We operate in Indonesia, Philippines, and Thailand. With approximately 100,000 active commercial trucks and vehicles in the region, our scale and market positioning makes us the market's gold standard for on-demand and spot booking FTL and LTL cargo transport. Our mission is simple: To drastically reduce costs by bringing together excess cargo capacity with customers who need it on a high volume, real time, proximity basis. Put simply, we are making logistics smarter with the unrelenting goal of bringing cargo capacity waste to zero.
Sorabel is a rapidly growing startup focused on providing affordable, high-quality clothing through an online platform. It aims to challenge the traditional fashion industry, which often charges excessively high prices and caters primarily to the privileged. By minimizing overhead costs and reducing intermediary expenses, Sorabel offers a wide range of women's apparel and accessories at discounted prices, making fashion accessible to a broader audience, including the working class and underprivileged. The company's team comprises graduates from prestigious institutions and professionals with experience in top tech companies. Sorabel operates in multiple cities, including Jakarta, Tangerang, Yogyakarta, Bandung, Bali, and Singapore, emphasizing its commitment to leveraging data and technology in its business model.
Carsome is an online platform that simplifies the process of selling used cars for individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome's services include vehicle inspection, valuation, and a bidding system that connects sellers directly with dealers, allowing for a quick and efficient sale, often within a day. The platform also manages logistics and ownership transfers, ensuring a seamless experience for customers. In addition to selling cars, Carsome offers a curated selection of pre-owned vehicles for buyers. Overall, Carsome aims to provide a hassle-free and transparent car selling and buying experience.
iPrice Group
Series A in 2016
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
PicMix is a mobile application founded in 2012 by Calvin Kizana and headquartered in Jakarta, Indonesia. The app allows users to edit and share photos and videos by combining multiple images into frames, adding captions, and applying various effects. Designed for ease of use, PicMix facilitates creative expression among its users, enabling them to enhance and share their visual content seamlessly.
The Recommend Group
Seed Round in 2016
The Recommend Group was created with a simple goal to make home improvement safer and more convenient for homeowners in Southeast Asia, and bring trust and transparency to the process. After launching in 2015 in Malaysia as Recommend.my, the group quickly expanded to Indonesia as Sejasa.com. Through the Recommend platform, homeowners can hire services such as renovators, interior designers and cabinet contractors. Homeowners can also hire "on-demand" services such as cleaning, aircon servicing, plumbers or handyman services.
Orami Group operates an online e-commerce platform that specializes in a diverse range of products, including apparel, cosmetics, home appliances, and household items. The platform features categories such as fashion, beauty, home décor, baby care, electronics, and health products, catering to a broad customer base in Thailand and Indonesia. It focuses particularly on parenting needs, offering a variety of baby-related products like furniture, diapers, toys, and nursery essentials. In addition to its commerce offerings, Orami also fosters a community and provides content related to parenting, making it a unique destination for parents in the region. Established as MoxyBilna and rebranded in 2016, Orami Group is headquartered in Bangkok, Thailand, and functions as a subsidiary of WhatsNew Co., Ltd.
Tripvisto
Series A in 2015
Tripvisto is a tour package booking platform that offers a diverse selection of competitively priced travel packages for both domestic and international destinations. Catering primarily to Indonesian travelers, Tripvisto focuses on providing a wide range of interesting experiences, facilitating access to various popular locations around the world. The company aims to create a friendly and supportive environment for its customers, positioning them not just as clients but as friends in their travel journey.
Qraved, the No. 1 food discovery platform in Indonesia is solving the US$BN problem of “Where and What to eat.” To do this, Qraved provides a full stack solution bringing content, community and commerce together (Buzzfeed food/Eater+Yelp+Opentable) through web and mobile apps. With personalized delivery of aggregated and curated photo and video content from Instagram, blogs and other other media sources, Qraved is connecting more than millions of monthly users to more than 30,000 merchants.