Golden Gate Ventures

Golden Gate Ventures Pte. Ltd. is a venture capital firm based in Singapore, specializing in seed, startup, early-stage, Series A, and growth capital investments. The firm focuses on internet and mobile startups across various sectors, including e-commerce, payments, marketplaces, mobile applications, healthcare, education, and B2B SaaS platforms. Golden Gate Ventures typically invests between $0.25 million and $5 million in companies that have launched products or established valuable distribution partnerships in Southeast Asia, particularly in markets such as Hong Kong, Taiwan, Singapore, Indonesia, and Thailand. The firm usually takes a minority equity stake in its portfolio companies. In addition to its Singapore headquarters, Golden Gate Ventures has offices in Jakarta, Indonesia, San Francisco, California, and Kuala Lumpur, Malaysia, reflecting its commitment to fostering innovation in the region.

Paul Bragiel

Founding Partner

Jeffrey Chua

Senior Associate

Justin Hall

Partner

Michael Lints

Partner

Jeffrey Paine

Managing Partner

Angela Toy

Partner, Portfolio Growth

Past deals in Indonesia

Alami

Series B in 2023
Alami is a licensed peer-to-peer lending platform established in 2019 and based in Jakarta, Indonesia. It focuses on providing financing to micro, small, and medium-sized enterprises through sharia finance principles. The platform connects lenders with funding recipients in a transparent manner, emphasizing the creation of a sustainable financial ecosystem aligned with Islamic values. By leveraging advanced data analysis, Alami offers meaningful insights into sharia financing, helping clients reduce transaction costs and expand their access to financial resources from various Islamic financial institutions.

Lifepack.id

Series A in 2022
Lifepack.id is a digital pharmacy startup that provides drug subscription services for chronic patients. Lifepack's platform enables patients to request clinical consultations on demand while also allowing doctors to provide services remotely. The company also employs a team of qualified pharmacists who work in customer service and can provide professional advice to clients suffering from chronic diseases. Lifepack.id aims to build seven additional important Indonesian metropolises. These facilities serve as a hub for the nationwide stocking, inventorying, and distribution of medications.

Finku

Seed Round in 2022
Finku is a financial application based in Jakarta, Indonesia, established in 2021. It offers a personal finance platform aimed at helping Indonesian consumers manage their finances more effectively. The platform provides various tools, including an automatic financial logger, financial insights, and personalized monthly budgets, along with reminders for recurring bills. Finku's mission is to eliminate financial illiteracy in Indonesia, enabling users to better navigate the financial ecosystem and make informed financial decisions. By consolidating financial management into a single platform, Finku aims to empower individuals to achieve their financial goals.

Alami

Series A in 2021
Alami is a licensed peer-to-peer lending platform established in 2019 and based in Jakarta, Indonesia. It focuses on providing financing to micro, small, and medium-sized enterprises through sharia finance principles. The platform connects lenders with funding recipients in a transparent manner, emphasizing the creation of a sustainable financial ecosystem aligned with Islamic values. By leveraging advanced data analysis, Alami offers meaningful insights into sharia financing, helping clients reduce transaction costs and expand their access to financial resources from various Islamic financial institutions.

Alodokter

Series C in 2020
Alodokter is a digital health platform based in Indonesia that offers a comprehensive solution for patients seeking healthcare services. It provides telemedicine services, allowing users to consult with qualified doctors remotely. The platform also features credible health information, supportive communities, and extensive reference materials on health topics, empowering users to make informed decisions regarding their health. Additionally, Alodokter facilitates the booking of doctor appointments and offers guidance on illnesses, treatments, and healthy living. By integrating these services, Alodokter aims to enhance the healthcare experience for Indonesian patients and improve access to reliable health resources.

BukuWarung

Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for the approximately 60 million micro, small, and medium enterprises (MSMEs) in Indonesia. The company offers a platform that enables users to efficiently manage their financial transactions by recording daily sales, income, and customer accounts payable. Its services include bookkeeping, sending bills through messaging applications, receiving digital payments, and generating daily business reports. By leveraging these tools, BukuWarung aims to empower MSMEs to enhance their financial awareness and business operations through technology.

GoPlay

Series A in 2020
GoPlay provides Indonesian consumers access to local movies and shows, with genres ranging from soaps to horror.

Gojek

Series F in 2020
Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.

BukuWarung

Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for the approximately 60 million micro, small, and medium enterprises (MSMEs) in Indonesia. The company offers a platform that enables users to efficiently manage their financial transactions by recording daily sales, income, and customer accounts payable. Its services include bookkeeping, sending bills through messaging applications, receiving digital payments, and generating daily business reports. By leveraging these tools, BukuWarung aims to empower MSMEs to enhance their financial awareness and business operations through technology.

TaniHub

Series A in 2020
TaniHub is a B2B agriculture marketplace based in Indonesia that connects farmers with businesses in the food, hotel, restaurant, and catering sectors. Established in 2015 by co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan, TaniHub provides an e-commerce platform for agricultural products. The platform empowers local farmers by facilitating market access and financial opportunities, allowing them to sell their crops to individuals and micro, small, and medium enterprises (MSMEs) across various regions.

Chilibeli

Series A in 2020
Chilibeli operates a social commerce platform based in Jakarta, Indonesia, that connects farmers, manufacturers, and consumers through a network of agents. Founded in 2019, the platform facilitates the buying and selling of fresh fruits and vegetables via instant messaging tools, streamlining the supply chain for all parties involved. By empowering local farmers and agents, Chilibeli allows them to earn additional income while providing consumers with access to quality produce at competitive prices. The platform emphasizes affordability and convenience, offering features such as free shipping and direct sourcing from farmers, thereby enhancing the overall shopping experience for fresh produce.

Alami

Seed Round in 2019
Alami is a licensed peer-to-peer lending platform established in 2019 and based in Jakarta, Indonesia. It focuses on providing financing to micro, small, and medium-sized enterprises through sharia finance principles. The platform connects lenders with funding recipients in a transparent manner, emphasizing the creation of a sustainable financial ecosystem aligned with Islamic values. By leveraging advanced data analysis, Alami offers meaningful insights into sharia financing, helping clients reduce transaction costs and expand their access to financial resources from various Islamic financial institutions.

Paper.id

Series A in 2019
Paper.id is a software-as-a-service startup founded in 2016 and based in Indonesia. The company provides a comprehensive platform designed for small and midsize enterprises to streamline their invoicing, accounting, and inventory management. By addressing the challenges faced by businesses that still rely on manual processes, Paper.id offers solutions that include digital invoicing, seamless digital payment integration, and a suite of accounting services. The platform also incorporates advanced technologies such as machine learning and supply chain analysis to enhance workflow efficiency. Additionally, Paper.id supports entrepreneurs with features like co-branded business cards and financing options, enabling them to manage their order-to-pay processes and generate financial reports with ease.

Alodokter

Series C in 2019
Alodokter is a digital health platform based in Indonesia that offers a comprehensive solution for patients seeking healthcare services. It provides telemedicine services, allowing users to consult with qualified doctors remotely. The platform also features credible health information, supportive communities, and extensive reference materials on health topics, empowering users to make informed decisions regarding their health. Additionally, Alodokter facilitates the booking of doctor appointments and offers guidance on illnesses, treatments, and healthy living. By integrating these services, Alodokter aims to enhance the healthcare experience for Indonesian patients and improve access to reliable health resources.

TaniHub

Series A in 2019
TaniHub is a B2B agriculture marketplace based in Indonesia that connects farmers with businesses in the food, hotel, restaurant, and catering sectors. Established in 2015 by co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan, TaniHub provides an e-commerce platform for agricultural products. The platform empowers local farmers by facilitating market access and financial opportunities, allowing them to sell their crops to individuals and micro, small, and medium enterprises (MSMEs) across various regions.

Funding Societies

Series B in 2018
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.

MoneySmart Singapore

Series B in 2017
MoneySmart is a prominent personal finance portal in Southeast Asia that assists consumers in comparing a wide range of financial products, including personal loans, credit cards, travel insurance, and mortgages. With platforms like MoneySmart.sg in Singapore and DuitPintar.com in Indonesia, the firm aims to simplify personal finance decisions for everyday consumers. By providing users with the ability to compare various financial offerings, MoneySmart helps individuals make informed choices related to budgeting, saving for significant life events, and planning for the future. The platform serves as a comprehensive resource, enabling users to find and apply for the best financial products tailored to their needs, all at no cost. Through its user-friendly tools and advice, MoneySmart empowers consumers to effectively manage their finances and achieve their life goals.

Gadjian

Venture Round in 2016
Gadjian is a cloud-based payroll and HR management application designed for small and medium enterprises in Indonesia. Founded in 2012 and based in South Jakarta, the platform addresses various payroll and HR management needs, accommodating companies with different payroll schedules, overtime policies, and tax regulations. Gadjian enables organizations to manage and store employee information, including personal details, attendance records, and income tax deductions, while also providing employees access to their own payroll information, such as pay slips. By offering a comprehensive suite of digital solutions, Gadjian supports companies in effectively managing their human resources and promoting workplace engagement.

Coda

Series A in 2016
Coda leads in commerce solutions and out-of-app monetization. Since 2011, we’ve accelerated growth for our partners by expanding their global reach and deepening customer engagement. Trusted by over 300 publishers—including Activision, Electronic Arts, Moonton, and Riot Games—we maximize revenue with solutions like Custom Commerce, Codapay, Codashop, and Distribution. By connecting our partners to more than 90% of the world's preferred payment methods, we unlock access to over 200M paying customers worldwide. Headquartered in Singapore with a team of 400+, Coda has earned recognition as a 2023 APAC High Growth Company by the Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader in Fortune’s Fintech Innovation Asia list (2024), and featured in The Straits Times Fastest Growing Fintechs (2024).

Alodokter

Series A in 2016
Alodokter is a digital health platform based in Indonesia that offers a comprehensive solution for patients seeking healthcare services. It provides telemedicine services, allowing users to consult with qualified doctors remotely. The platform also features credible health information, supportive communities, and extensive reference materials on health topics, empowering users to make informed decisions regarding their health. Additionally, Alodokter facilitates the booking of doctor appointments and offers guidance on illnesses, treatments, and healthy living. By integrating these services, Alodokter aims to enhance the healthcare experience for Indonesian patients and improve access to reliable health resources.

Laku6

Convertible Note in 2016
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. It aims to support the emerging middle class by providing affordable options for acquiring and upgrading mobile devices through recommerce and financing solutions. The platform offers accurate and up-to-date information regarding pricing and device specifications, ensuring customers can access quality smartphones at competitive rates.

GoQuo

Venture Round in 2015
GoQuo Pte. Ltd. is a company that operates a travel booking platform, providing a comprehensive e-commerce solution for airlines and online travel agencies (OTAs). Founded in 2002 and headquartered in Kuala Lumpur, Malaysia, with additional offices in India, Vietnam, Indonesia, and Turkey, GoQuo specializes in creating personalized digital shopping experiences for its clients. The platform allows users to book flights, accommodations, car rentals, and travel packages, while also offering ancillary products such as travel insurance. With its cloud-based architecture, GoQuo can quickly adapt to changing market demands and regional trends, facilitating a faster time to market for its clients compared to traditional booking systems. The company aims to enhance ancillary revenue for its customers by enabling them to become successful e-retailers.

Laku6

Seed Round in 2015
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. It aims to support the emerging middle class by providing affordable options for acquiring and upgrading mobile devices through recommerce and financing solutions. The platform offers accurate and up-to-date information regarding pricing and device specifications, ensuring customers can access quality smartphones at competitive rates.

MoneySmart Singapore

Series A in 2015
MoneySmart is a prominent personal finance portal in Southeast Asia that assists consumers in comparing a wide range of financial products, including personal loans, credit cards, travel insurance, and mortgages. With platforms like MoneySmart.sg in Singapore and DuitPintar.com in Indonesia, the firm aims to simplify personal finance decisions for everyday consumers. By providing users with the ability to compare various financial offerings, MoneySmart helps individuals make informed choices related to budgeting, saving for significant life events, and planning for the future. The platform serves as a comprehensive resource, enabling users to find and apply for the best financial products tailored to their needs, all at no cost. Through its user-friendly tools and advice, MoneySmart empowers consumers to effectively manage their finances and achieve their life goals.

Xendit

Seed Round in 2015
Xendit is a Southeast Asian fintech company founded in 2014, specializing in payment infrastructure across Indonesia and the Philippines. The company provides a user-friendly payment gateway platform that simplifies the process of sending and receiving money for both individuals and businesses. Xendit enables companies to accept payments through various methods, including bank transfers, virtual accounts, and credit cards. Additionally, the company offers services such as marketplace operations, payroll disbursement, loan management, and fraud detection, all facilitated through a suite of APIs and a user-friendly dashboard. Xendit's mission is to support businesses in growing efficiently by streamlining payment processes and enhancing financial transactions.

Coda

Series A in 2013
Coda leads in commerce solutions and out-of-app monetization. Since 2011, we’ve accelerated growth for our partners by expanding their global reach and deepening customer engagement. Trusted by over 300 publishers—including Activision, Electronic Arts, Moonton, and Riot Games—we maximize revenue with solutions like Custom Commerce, Codapay, Codashop, and Distribution. By connecting our partners to more than 90% of the world's preferred payment methods, we unlock access to over 200M paying customers worldwide. Headquartered in Singapore with a team of 400+, Coda has earned recognition as a 2023 APAC High Growth Company by the Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader in Fortune’s Fintech Innovation Asia list (2024), and featured in The Straits Times Fastest Growing Fintechs (2024).

Coda

Seed Round in 2012
Coda leads in commerce solutions and out-of-app monetization. Since 2011, we’ve accelerated growth for our partners by expanding their global reach and deepening customer engagement. Trusted by over 300 publishers—including Activision, Electronic Arts, Moonton, and Riot Games—we maximize revenue with solutions like Custom Commerce, Codapay, Codashop, and Distribution. By connecting our partners to more than 90% of the world's preferred payment methods, we unlock access to over 200M paying customers worldwide. Headquartered in Singapore with a team of 400+, Coda has earned recognition as a 2023 APAC High Growth Company by the Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader in Fortune’s Fintech Innovation Asia list (2024), and featured in The Straits Times Fastest Growing Fintechs (2024).

MoneySmart Singapore

Seed Round in 2012
MoneySmart is a prominent personal finance portal in Southeast Asia that assists consumers in comparing a wide range of financial products, including personal loans, credit cards, travel insurance, and mortgages. With platforms like MoneySmart.sg in Singapore and DuitPintar.com in Indonesia, the firm aims to simplify personal finance decisions for everyday consumers. By providing users with the ability to compare various financial offerings, MoneySmart helps individuals make informed choices related to budgeting, saving for significant life events, and planning for the future. The platform serves as a comprehensive resource, enabling users to find and apply for the best financial products tailored to their needs, all at no cost. Through its user-friendly tools and advice, MoneySmart empowers consumers to effectively manage their finances and achieve their life goals.
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.