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Top 15 Enterprise Software VC Funds & Investors in Indonesia (August 2026)

The most active venture capital funds investing in Indonesia Enterprise Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Enterprise Software startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Intudo Ventures
VC Fund
4 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $845k–$66M
Quest Ventures
VC Fund
3 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $50k–$10M
Gobi Partners
VC Fund
2 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $709k–$43M
STRIVE
VC Fund
2 Japan, India, Indonesia Seed, Series A Software, E-Commerce, SaaS $800k–$142M
Pegasus Tech Ventures
VC Fund
2 United States, Japan, Indonesia Seed, Series B Software, Artificial Intelligence, Health Care $560k–$142M
Altos Ventures
VC Fund
1 South Korea, United States, Canada Series A, Series B, Series C Software, E-Commerce, Financial Services $2.1M–$60M
Acrew Capital
VC Fund
1 United States, Mexico, United Kingdom Series A, Seed, Series B Software, Financial Services, FinTech $2.5M–$75M
Mandiri Capital Indonesia (MCI)
VC Fund
1 Indonesia Series B, Series A, Seed FinTech, Financial Services, Information Technology $500k–$65M
Insignia Ventures Partners
VC Fund
1 Indonesia, Singapore, Vietnam Seed, Series A, Series B Financial Services, FinTech, Software $50k–$63M
Spiral Ventures
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Information Technology, Internet $500k–$103M
Saison Capital
VC Fund
1 India, Singapore, Indonesia Seed, Series A, Pre-Seed Financial Services, FinTech, Information Technology $1.5M–$33M
Coop Marketing
VC Fund
1 Indonesia Series A Loyalty Programs, Digital Marketing, Enterprise Software
Sovereign’s Capital
VC Fund
1 United States, Indonesia, Singapore Seed, Series A Software, FinTech, E-Commerce
Convergence Ventures
VC Fund
1 Indonesia, Singapore, Taiwan Series A, Seed, Series B Financial Services, Internet, FinTech $120k–$60M
Aurelia Ventures
VC Fund
1 United States, United Kingdom, Germany Seed, Angel Software, Information Technology, Artificial Intelligence
Access all 36 VC funds in Indonesia Enterprise Software startups.

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Investor list

Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 4 investments in Indonesia Enterprise Software startups

Intudo Ventures is an "Indonesia-only" venture capital firm with a concentrated portfolio approach capitalizing on the rapid growth of private consumption and the rising middle class in Indonesia.

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Investment focus

  • Industry: FinTech, Financial Services, Marketplace
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Hong Kong

Investor stats

  • Total investments: 53
  • Round size: Seed $845k–$3.8M; Series A $4M–$31M; Series B $4.3M–$66M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $115M in 2021

Portfolio highlights

  • Banyu — Banyu is a seaweed company that handles difficulties such as low-quality inputs, labor-intensive agricultural practices, and fluctuating market prices. It sells seaweed for food production, biofertilizers, and bioplastics.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
  • Kozystay — Indonesia's largest short term rental property management Group. Managing high end rental premium apartments & luxury villas in Jakarta, Bali, Bandung, Surabaya & beyond!
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Quest Ventures
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Enterprise Software startups

Quest Ventures is a top venture capital firm in Asia. For entrepreneurs: venture capital. For enterprises: applied innovation. For ecosystems: accelerate.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Malaysia, Kazakhstan

Investor stats

  • Total investments: 154
  • Round size: Seed $50k–$2.5M; Pre-Seed $50k–$62k; Series A $1.8M–$10M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $7.5M in 2021

Portfolio highlights

  • AidMi — AidMi is an AI clinical assistant that works inside behavioral health EHRs to automate clinical workflows, documentation, billing.
  • CoFab — AI-powered quoting automation agent for high-end manufacturing industries
  • NodeFlair — NodeFlair aims to help tech talents make better career decisions through jobs, salaries, reviews, company insights, and more
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 2 investments in Indonesia Enterprise Software startups

Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series A, Seed, Series B
  • Geography: China, Malaysia, Hong Kong

Investor stats

  • Total investments: 381
  • Round size: Seed $709k–$8M; Series A $1.7M–$20M; Series B $5M–$43M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Hermo — A beauty collection with the best deals. Official Flagship Store partner : Yadah, Bonanza, Redergen, SkinBasic Group, Bliv and etc
  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
  • GoWork — GoWork is Jakarta's leading premium coworking and office space rental with the mission to provide companies with dynamic workspaces of hybrid arrangements and satellite locations.
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STRIVE
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Indonesia Enterprise Software startups

STRIVE focuses on investing in early-stage (Seed to Series A) internet and mobile companies. It seeks out companies in Japan, Southeast Asia, and India with top-notch management teams and strong market potential. It is not tied to strategic investments for GREE Inc. and leverages its pan-Asia expertise for guiding its portfolio in an engaged,hands-on role.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 143
  • Round size: Seed $800k–$33M; Series A $2M–$142M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $10B in 2019

Portfolio highlights

  • ASUENE — Asuene involves in clean power retail business, retail SaaS business, etc.
  • Recompound — Recompound is a financial services startup that acts as a personal investment advisor for individuals to grow their stock market portfolios.
  • Testsigma — Powerful cloud-based test automation platform that lets you automate tests for web, mobile, desktop apps, and APIs in minutes. Sign up now!
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Pegasus Tech Ventures
VC Fund · San Jose, California, United States · 2 investments in Indonesia Enterprise Software startups

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley, offering intellectual and financial capital to exceptional emerging technology companies around the world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series B
  • Geography: United States, Japan, Indonesia

Investor stats

  • Total investments: 247
  • Round size: Seed $560k–$6.2M; Series B $3.1M–$142M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • ABIVIN — Operate your business more efficiently, manage fleets in real-time, save up to 30% logistics costs with Abivin vRoute - Transportation Management System.
  • StradVision — Vision AI for all
  • Blue Frog Robotics — Build innovative and differentiating solutions, services and applications for enhanced customer / user experience creation for Education, Elders, Healthcare, Real Estate, I.O.T, Services.
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Altos Ventures
VC Fund · Menlo Park, California, United States · 1 investments in Indonesia Enterprise Software startups

We are privileged to invest on behalf of institutional investors, most with charitable, educational, or non-profit missions. Serving entrepreneurs is a calling for us, and we look to partner with companies with an equally strong sense of purpose.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Canada

Investor stats

  • Total investments: 338
  • Round size: Series A $2.1M–$30M; Series B $4.3M–$33M; Series C $5.2M–$60M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $450M in 2019

Portfolio highlights

  • PureSpace — PureSpace has developed a novel technology in extending shelf-life of fresh products that is applicable to all types of produce along the supply chain. Grocery stores and road transportation is a major application for shelf-life extension.
  • NexGenT — Launch Your IT Career in Networking or Cyber Security Online With Our Military Grade Inspired Next Generation Training Programs. Go From Zero To Engineer within 6 months! Zero Up Front Tuition Options Available!
  • Channel Talk — Channel Corp. provide a chat platform Channel Talk to create a customer-centric culture.
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Acrew Capital
VC Fund · San Francisco, California, United States · 1 investments in Indonesia Enterprise Software startups

Defining the future of venture.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Mexico, United Kingdom

Investor stats

  • Total investments: 175
  • Round size: Seed $2.5M–$14M; Series A $10M–$35M; Series B $15M–$75M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $450M in 2021

Portfolio highlights

  • Medallion — Provider credentialing and enrollment reimagined. Accelerate time-to-revenue, stay compliant, and scale provider operations, without adding headcount, through automated credentialing and enrollment.
  • Novellia — Free personal health tool that centralizes your medical records from multiple healthcare providers in one secure platform.
  • Savi Security — The only app built to protect your family from AI-powered scams across calls and texts, 24/7. Try Savi free on iOS and Android.
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Mandiri Capital Indonesia (MCI)
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Enterprise Software startups

Mandiri Capital Indonesia (MCI) is a Corporate Venture Capital arm of Bank Mandiri, the largest integrated financial service group in Indonesia with US$70 B+ Assets, 20 M+ Retail Customers, 5 K+ outlets, and more than 7 international offices.MCI is highly strategic and agile investors predominantly within financial service industry in Indonesiaby facilitating enterprise partnerships between portfolio startup and Bank Mandiri Group network of 20+ strategic subsidiaries and business units in assist startups to be the next global players.

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Investment focus

  • Industry: FinTech, Financial Services, Information Technology
  • Stage:Series B, Series A, Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 37
  • Round size: Seed $500k–$7.7M; Series A $1M–$35M; Series B $5M–$65M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2015

Portfolio highlights

  • Ayoconnect — API pulsa, token listrik, e-money, dan PPOB terlengkap. Ayoconnect menghubungkan 50+ platform ke 3.000 produk digital.
  • FishLog — FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creatinga transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.
  • PT FitAja Digital Nusantara — PT FitAja Digital Nusantara operates in the information technology industry, focusing on health and fitness. The company offers a digital health application, FitAja, which is integrated with various health insurances. The application provides a range of healthcare services, including doctor consultations and an online pharmacy. The company alsooffers mobile application services. The FitAja app is available for both iPhone and iPad users, and it requires iOS 11.0 or later. The company has a team of 13 employees.
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Insignia Ventures Partners
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Enterprise Software startups

Insignia Ventures Partners is a venture capital firm that specializes in startup investment. Insignia Ventures Partners is an investment firm managed by a former Sequoia Asia partner, Yinglan Tan.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 152
  • Round size: Seed $50k–$13M; Series A $4.3M–$26M; Series B $12M–$63M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Diaflow — The ultimate intelligent platform for business processes automation via internal tools & apps
  • Konvy — Konvy.com is a beauty e-commerce platform that provides cosmetics and skincare products. Konvy.com products include skin creams, makeup accessories, perfume, food supplements, and many more. L'Oréal, Shiseido, Sulwhasoo, Eucerin, and La Roche-Posay are among its brands.
  • IMCOCO Group — IMCOCO Group engaged in the entire coconut water industry chain business, Its business covers four major sectors: the cultivation of aromatic coconuts, cross-border trade of coconut fruits, R & D and production of coconut water raw materials, and the processing of coconut water beverages.
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Enterprise Software startups

Our former entity “IMJ Investment Partners” was established in 2012 by IMJ Corporation (“IMJ”), a major digital marketing company, as an independent venture capital subsidiary in Japan. After IMJ was acquired by Culture Convenience Club (“CCC”) in 2013, we continued our investment activities independently, and eventually relocated our office toSingapore to change our strategy and start a venture capital fund for the Southeast Asia market. In 2015, we established the Japan office and started a venture capital fund for the Japanese market.In tandem with the expansion of our business, we left the CCC Group, changed our name to “Spiral Ventures” in 2017, and made a fresh start as an independent venture capital firm.taken from https://spiral-ventures.com/en/group-info/

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Investment focus

  • Industry: E-Commerce, Information Technology, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 102
  • Round size: Seed $500k–$4.5M; Series A $1.5M–$62M; Series B $10M–$103M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
  • Pruv Finance — The foundational layer for institutional-grade tokenization, bridging multichain ecosystems with DeFi-ready assets.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Saison Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Enterprise Software startups

They invest in Seed to Series A companies across emerging markets. Although they have a sector agnostic fund mandate, they particularly like to work with founders that are building ecosystems with the potential to distribute financial services to the unbanked.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 117
  • Round size: Seed $1.7M–$8.4M; Pre-Seed $1.5M–$6M; Series A $3.4M–$33M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $55M in 2019

Portfolio highlights

  • Mylapay — Mylapay, a rising fintech startup, was established in 2019 and incorporates as 'Mindeed Technologies and Services Pvt Ltd' by a dynamic team of co-founders (Ex Hitachi and Worldline) who bring over 50 years of collective experience in the payment domain. Mylapay has been officially registered with the DIPP under the Startup Indiainitiative, signifying its commitment to pioneering financial technology solutions. We specialize in payment enablement, crafting cutting-edge payment solutions to simplify the complete card payment cycle. Mylapay aimed at redefining the payment processing experience with its core product line up; (3DS-Authentication: The linchpin of online commerce, turning payment security into an art form), (Authorization Switch: Your go-to solution for speed and security, ensuring high success rates with fast and safe approvals), (IntelleEngine-Transaction Processing System: An all-in-one platform that manages the post authorization transaction processing end-to-end) Our aim is to transform Mylapay into a holistic tech ecosystem for all your acquiring payment processing needs. We offer cloud-based solutions that equip Payment Aggregators and Banks across the globe with complete payment processing capabilities. With us, you get a one-stop-shop for all your payment solutions, making transaction experiences smoother than ever!
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • AIsa — Powering AI apps with one integration for premium APIs, data, compute, and payments. Backed by @AlibabaGroup @drapervc @Tribecap
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Coop Marketing
VC Fund · Seongdong, Kyonggi-do, South Korea · 1 investments in Indonesia Enterprise Software startups

Coop Marketing is a mobile platform company that engages in mobile vouchers business offering online information and membership service to its customers.

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Investment focus

  • Industry: Loyalty Programs, Digital Marketing, Enterprise Software
  • Stage:Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Aldmic Technology — Aldmic Technology manages customized loyalty program for companies.
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Sovereign’s Capital
VC Fund · Raleigh, North Carolina, United States · 1 investments in Indonesia Enterprise Software startups

We provide capital and strategic partnership to values-driven, market-leading companies with potential for outsized returns for all stakeholders. We invest in two market segments: profitable, lower middle market companies (with $10 million to $100 million in revenue, and $2.5 million to $10 million in owner earnings) and promising, early-stagetechnology companies (with $500,000 to $5 million in annual recurring revenue). We are distinct in our capacity to match values-motivated entrepreneurs with values-aligned investors, our ability to hold investments long-term, our willingness to customize solutions to owner needs, and our ability to drive value through disciplined strategic, operational, and financial partnership.We have investment team members based in Silicon Valley, CA; Atlanta, GA; Chattanooga, TN; Raleigh, NC; and Jakarta, Indonesia.

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Investment focus

  • Industry: Software, FinTech, E-Commerce
  • Stage:Seed, Series A
  • Geography: United States, Indonesia, Singapore

Investor stats

  • Total investments: 74
  • Lead/follow: no public data

Portfolio highlights

  • Komunal — 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.
  • Relay — Relay is the radio that does everything your walkie talkie can't. Panic button, GPS Tracking, Translating, Work Tracking, Real-Time data and insights.
  • Trade Lenda — With Trade Lenda, get quick finance in Nigeria without collateral.
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Convergence Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Enterprise Software startups

Convergence Ventures is an early stage technology venture fund focused on investing in Indonesia. Led by their partners Adrian Li and Donald Wihardja who are seasoned entrepreneurs with extensive operating experience in Internet businesses in emerging markets. They seek to back exceptional founders by leveraging their experience, network andresources to empower them to build long lasting and impactful businesses for Indonesia and the South East Asia region. Their Advisory Board and Limited Partners from the US, China and Indonesia have backed hundreds of technology businesses in the past decade and bring deep local networks and resources in media and related industries to their founders.

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Investment focus

  • Industry: Financial Services, Internet, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 55
  • Round size: Seed $120k–$3M; Series A $1.3M–$21M; Series B $7.5M–$60M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2016

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Danacita — Solusi pembiayaan, pendanaan & pinjaman dana pendidikan | Berizin & diawasi OJK | Cicilan kuliah dan kursus pelajar indonesia | Student Education Loan & Financing
  • Pandemic Insights — Know and Manage Health Risk Anywhere
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Aurelia Ventures
VC Fund · Santa Barbara, California, United States · 1 investments in Indonesia Enterprise Software startups

Equity-free programs for B2B SaaS founders - 1:1 Coaching with each founder team - Community of 200+ B2B founders - $1.25M+ Perks & Benefits.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Angel
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 99
  • Lead/follow: no public data

Portfolio highlights

  • GHOSTDRIVE — The Ghostdrive leverages the decentralized nature of P2P networks (IPFS, and Filecoin) to provide unlimited data uploads. Unlike traditional centralized systems, where storage capacity is finite, P2P networks can dynamically expand their storage capabilities as more users join the network.
  • Flanksource — Mission Control is an open-source, Kubernetes inspired internal developer portal that helps teams improve developer productivity and operational resilience.
  • SEO Site Checkup — SEO Site Checkup offers webmasters, small business owners, and SEO agencies with SEO tools, software, and articles. It offers users with analysis and monitoring tools to analyze SEO issues of websites, to generate white-label SEO reports, to receive notifications on SEO score changes, and to understand their competitors’ SEO profiles.SEO SiteCheckup is operated from New York, United States.
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Enterprise Software VC funding in Indonesia at a glance

Stats across 26 deals from 36 investors.

36
investors
in Indonesia Enterprise Software startups
26
deals
in Indonesia Enterprise Software startups
$4.3M
median round
in Indonesia Enterprise Software startups
33%
lead investors
lead at least one round
27%
Seed
most common funding stage

Access all 36 VC funds in Indonesia Enterprise Software startups.

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