Golden Gate Ventures

Founded in Singapore in 2011, Golden Gate Ventures is a venture capital firm that invests in early-stage internet and mobile startups across Southeast Asia. It focuses on companies with launched products or established distribution partnerships, preferring to take minority equity stakes. The firm has invested in over 70 companies, including nine unicorns.

Jeffrey Chua

Principal

Justin Hall

Partner

Nishal Hiranandani

Analyst

Michael Lints

Partner

Christal Ng

Analyst

Tram Nguyen

Associate

Jeffrey Paine

Co-Founder and Partner

Angela Toy

COO

Past deals in Singapore

Sampingan

Series A in 2021
Sampingan is an Indonesian company founded in 2018 and headquartered in Jakarta, with an additional office in Singapore. It develops a mobile application that connects businesses with selected and trained freelancers for task-based jobs. The platform facilitates the engagement of agents for temporary work, enabling companies to efficiently find individuals for various jobs that need to be completed. Sampingan aims to streamline the process of hiring freelancers, making it easier for businesses to access a pool of skilled workers for short-term tasks.

Sampingan

Seed Round in 2019
Sampingan is an Indonesian company founded in 2018 and headquartered in Jakarta, with an additional office in Singapore. It develops a mobile application that connects businesses with selected and trained freelancers for task-based jobs. The platform facilitates the engagement of agents for temporary work, enabling companies to efficiently find individuals for various jobs that need to be completed. Sampingan aims to streamline the process of hiring freelancers, making it easier for businesses to access a pool of skilled workers for short-term tasks.

Carro

Series B in 2019
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Sampingan

Seed Round in 2019
Sampingan is an Indonesian company founded in 2018 and headquartered in Jakarta, with an additional office in Singapore. It develops a mobile application that connects businesses with selected and trained freelancers for task-based jobs. The platform facilitates the engagement of agents for temporary work, enabling companies to efficiently find individuals for various jobs that need to be completed. Sampingan aims to streamline the process of hiring freelancers, making it easier for businesses to access a pool of skilled workers for short-term tasks.

Propine

Seed Round in 2018
Propine provides a regulated custodian and securities services platform for digital assets, serving institutional clients. It features a dual-layer multi-signature system, token holder rights, and administration of token-based plans for employees, partners, investors, and other stakeholders. The platform offers reporting on holdings and transaction history, notifications of corporate actions, and risk management facilities for assets raised through tokens.

ZUZU Hospitality

Series A in 2018
ZUZU Hospitality offers a comprehensive online platform for independent hotels, providing revenue management tools, channel management, property management functionalities, and analytics. This enables hoteliers to optimize their operations and focus on core hospitality services.

Rovo

Seed Round in 2018
Founded in Singapore in 2017, Rovo is a community platform designed to connect individuals with similar skill levels for sports and fitness activities. It facilitates arranging games, joining groups, participating in tournaments, and accessing sports resources.

Carousell

Series C in 2018
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

Carro

Series B in 2018
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Funding Societies

Series B in 2018
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

ZUZU Hospitality

Seed Round in 2017
ZUZU Hospitality offers a comprehensive online platform for independent hotels, providing revenue management tools, channel management, property management functionalities, and analytics. This enables hoteliers to optimize their operations and focus on core hospitality services.

MoneySmart Singapore

Series B in 2017
MoneySmart Singapore is a prominent personal finance portal in Southeast Asia that assists consumers in comparing various financial products, including loans, insurance, and credit cards. The company aims to simplify personal finance decisions by providing an all-in-one platform where users can easily access and evaluate financial options. MoneySmart understands the diverse needs of everyday consumers, offering tools and resources to help them achieve their financial goals, whether it be budgeting, saving for significant life events, or planning for retirement. By facilitating comparisons and applications for financial products, MoneySmart empowers users to make informed decisions tailored to their unique circumstances. The platform serves as a reliable resource for individuals seeking to manage their finances effectively and maximize their financial well-being.

Carro

Venture Round in 2017
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Coda

Series A in 2016
Coda Payments Pte Ltd. is a Singapore-based company that specializes in mobile payment solutions, enabling customers to pay for online digital content and services via their mobile devices. Established in 2011, Coda facilitates monetization for digital content providers across more than twenty emerging markets, partnering with publishers of popular games and streaming platforms to enhance payment acceptance. The company operates Codapay, allowing users to make payments directly on various websites and Codashop, a platform visited by over 11 million users monthly for topping up digital services. Coda also collaborates with e-commerce and telecommunications partners to offer diverse payment options, including direct carrier billing and various alternative channels. Its operations span multiple countries, including Indonesia, India, and Brazil, ensuring that digital content providers receive timely payments through a secure and versatile monetization platform.

Carousell

Series B in 2016
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

Omise

Series B in 2016
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.

Carro

Series A in 2016
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Xfers

Seed Round in 2016
Xfers is a Major Payment Institution approved by the Monetary Authority of Singapore, specializing in e-money issuance services. The company operates a payment processing platform that facilitates credit card processing and internet banking transfers. By leveraging advanced technology, Xfers provides secure payment solutions to automate bank transfer payments, allowing users to efficiently pay, receive, and manage online transactions. The platform is designed to support businesses in accessing last-mile financial services, particularly catering to the underbanked population in the region.

Perx Technologies

Series A in 2015
Perx Technologies, established in 2011 and rebranded in 2016, specializes in a loyalty and customer engagement platform. Based in Singapore, the company's core offering, Perx Enterprise Platform, leverages AI and behavioral science to create personalized, data-driven marketing campaigns. It enables businesses to predict trends, enhance customer interactions, and drive growth through gamification, social media integration, and geolocalization features.

Omise

Series B in 2015
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.

HipVan

Series A in 2015
HipVan is an e-commerce platform based in Singapore that specializes in offering designer furniture, home furnishings, and lifestyle products at discounted prices, often up to 70% off retail. The company collaborates with independent designers and top partners to curate a selection of well-designed items aimed at enhancing everyday living. Through its online store, HipVan allows homeowners and consumers to conveniently browse and purchase stylish, quality furniture from the comfort of their homes, with home delivery services available to facilitate the buying process.

MoneySmart Singapore

Series A in 2015
MoneySmart Singapore is a prominent personal finance portal in Southeast Asia that assists consumers in comparing various financial products, including loans, insurance, and credit cards. The company aims to simplify personal finance decisions by providing an all-in-one platform where users can easily access and evaluate financial options. MoneySmart understands the diverse needs of everyday consumers, offering tools and resources to help them achieve their financial goals, whether it be budgeting, saving for significant life events, or planning for retirement. By facilitating comparisons and applications for financial products, MoneySmart empowers users to make informed decisions tailored to their unique circumstances. The platform serves as a reliable resource for individuals seeking to manage their finances effectively and maximize their financial well-being.

Carousell

Series A in 2014
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

99.co

Seed Round in 2014
99.co is a Singapore-based online property listing marketplace that specializes in facilitating property searches for renters, buyers, and agents. The company utilizes a map-based property search engine powered by advanced algorithms, which allows users to efficiently find houses, condominiums, and apartments for sale or rent. By focusing on transparency and speed, 99.co aims to enhance the property search experience in Singapore, making it easier for individuals to navigate the real estate market.

Coda

Series A in 2013
Coda Payments Pte Ltd. is a Singapore-based company that specializes in mobile payment solutions, enabling customers to pay for online digital content and services via their mobile devices. Established in 2011, Coda facilitates monetization for digital content providers across more than twenty emerging markets, partnering with publishers of popular games and streaming platforms to enhance payment acceptance. The company operates Codapay, allowing users to make payments directly on various websites and Codashop, a platform visited by over 11 million users monthly for topping up digital services. Coda also collaborates with e-commerce and telecommunications partners to offer diverse payment options, including direct carrier billing and various alternative channels. Its operations span multiple countries, including Indonesia, India, and Brazil, ensuring that digital content providers receive timely payments through a secure and versatile monetization platform.

Carousell

Seed Round in 2013
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

RedMart

Series A in 2013
RedMart Limited is an online grocery portal based in Singapore, established in 2011. The company specializes in delivering a wide range of products, including fresh produce, meat, seafood, dairy, baked goods, frozen items, beverages, health and beauty products, household necessities, and items for babies and children. Unlike traditional retailers, RedMart functions as a platform that allows manufacturers to engage directly with consumers, bypassing conventional retail channels. This approach provides manufacturers with innovative marketing capabilities and data analytics to enhance their reach. RedMart also offers home delivery services, ensuring that customers receive their groceries and home essentials conveniently at their doorstep. In 2016, RedMart became a subsidiary of Lazada South East Asia Pte. Ltd., further expanding its operational capabilities in the region.

Coda

Seed Round in 2012
Coda Payments Pte Ltd. is a Singapore-based company that specializes in mobile payment solutions, enabling customers to pay for online digital content and services via their mobile devices. Established in 2011, Coda facilitates monetization for digital content providers across more than twenty emerging markets, partnering with publishers of popular games and streaming platforms to enhance payment acceptance. The company operates Codapay, allowing users to make payments directly on various websites and Codashop, a platform visited by over 11 million users monthly for topping up digital services. Coda also collaborates with e-commerce and telecommunications partners to offer diverse payment options, including direct carrier billing and various alternative channels. Its operations span multiple countries, including Indonesia, India, and Brazil, ensuring that digital content providers receive timely payments through a secure and versatile monetization platform.

MoneySmart Singapore

Seed Round in 2012
MoneySmart Singapore is a prominent personal finance portal in Southeast Asia that assists consumers in comparing various financial products, including loans, insurance, and credit cards. The company aims to simplify personal finance decisions by providing an all-in-one platform where users can easily access and evaluate financial options. MoneySmart understands the diverse needs of everyday consumers, offering tools and resources to help them achieve their financial goals, whether it be budgeting, saving for significant life events, or planning for retirement. By facilitating comparisons and applications for financial products, MoneySmart empowers users to make informed decisions tailored to their unique circumstances. The platform serves as a reliable resource for individuals seeking to manage their finances effectively and maximize their financial well-being.
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