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Hermes Li, Founder, CIO & Portfolio Manager at Aspex Management

Hermes Li

Founder, CIO & Portfolio Manager @ Aspex Management

Hermes Li is a Founder & Portfolio Manager at Aspex Management. He attended The London School of Economics and Political Science from 2001 to 2004.

Total investments:
8
Last investment:
Lead investor:
63%

Last updated:

Industries Hermes Li invests in

TravelFinTechLeisureTourismConsumer

Stages Hermes Li invests in

Series ESeries FSeries G

Countries Hermes Li invests in

South KoreaHong Kong

Contacts

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Investment Focus

Industry

  • Travel 1 (13%)
  • FinTech 1 (13%)
  • Leisure 1 (13%)
  • Tourism 1 (13%)
  • Consumer 1 (13%)
See all 16 industries →

Stage

  • Series E 2 (25%)
  • Series F 2 (25%)
  • Series G 1 (13%)

Country

  • South Korea 2 (25%)
  • Hong Kong 1 (13%)

Investments

CompanyDescriptionRoundLinks
Toss is a South Korea-based mobile financial service platform operated by fintech startup Viva Republica.Its application offers peer-to-peer money transfers, manages credit scores and bank accounts, access loan and insurance plans, split bill options, QR payment and other similar services that enable users to manage their finance.Toss wasestablished in 2011 by Seunggun Lee in Seoul, Seoul-t'ukpyolsi. $405M / Series G / Dec 19, 2022
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies.Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottledwater, condiments such as flour & salt, processed foods, and more.The company was founded in 2015 and based in Seoul, South Korea. $200M / Series F / Jul 09, 2021
Market Kurly is an online premium grocery service that compares quality and price when looking for good ingredients for foreign goodies.Market Kurly is a food delivery and logistics platform that enables users to order food via the website and receive it the following morning. The company delivers fresh high-end desserts, bread, milk, bottledwater, condiments such as flour & salt, processed foods, and more.The company was founded in 2015 and based in Seoul, South Korea. $196.8M / Series F / Jul 09, 2021
Klook is a developer of travel activities and services booking platform designed to connect travelers with experiences. With Klook’s innovative technologies, travelers can book on-the-go and redeem the services by using QR code-enabled e-vouchers. Each day, Klook empowers countless travelers to indulge in their wanderlust and spontaneity throughover 100,000 offerings in more than 400 destinations.The company was founded in 2014 and is headquartered in Hong Kong. $200M / Series E / Jan 26, 2021
Toss is a South Korea-based mobile financial service platform operated by fintech startup Viva Republica.Its application offers peer-to-peer money transfers, manages credit scores and bank accounts, access loan and insurance plans, split bill options, QR payment and other similar services that enable users to manage their finance.Toss wasestablished in 2011 by Seunggun Lee in Seoul, Seoul-t'ukpyolsi. $173M / Series G / Aug 28, 2020
Toss is a South Korea-based mobile financial service platform operated by fintech startup Viva Republica.Its application offers peer-to-peer money transfers, manages credit scores and bank accounts, access loan and insurance plans, split bill options, QR payment and other similar services that enable users to manage their finance.Toss wasestablished in 2011 by Seunggun Lee in Seoul, Seoul-t'ukpyolsi. $64M / Series F / Aug 08, 2019
See all 8 investments →

Co-Investors

Aspex Management

About Aspex Management

VC Fund · Hong Kong, Hong Kong

Aspex Management is a Hong Kong-based investment manager focused on pan-Asian equity investing using a fundamental, research-intensive approach with a long term horizon. The firm was founded in 2018.

Aspex Management Contacts

NameEmailPhoneSocials
Bonnie Fong Partner & COO
Hermes Li
Hermes Li Founder, CIO & Portfolio Manager

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FAQ

What does Hermes Li invest in?

Hermes Li invests primarily in Travel, FinTech and Leisure startups, most often at Series E and Series F stage. Most of the 8 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Hermes Li?

Public channels for Hermes Li include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Hermes Li last invest?

The most recent investment recorded for Hermes Li closed in Dec 2022. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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