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Peng T. Ong, Managing Partner at Monk’s Hill Ventures

Peng T. Ong

Managing Partner @ Monk’s Hill Ventures

Singapore

Peng T. Ong is a seed investor at Monk’s Hill Ventures in Singapore focused on Mobile Apps and Artificial Intelligence. Peng T. Ong is based out of Singapore and is the Managing Partner of Monk’s Hill Ventures. Peng previously worked at The University of Texas at Austin as a Member, International Board of Advisors. Peng T. Ong attended the University of Illinois Urbana-Champaign.

Total investments:
8
Last investment:
Lead investor:
25%

Last updated:

Industries Peng T. Ong invests in

Mobile AppsArtificial IntelligenceSocialConsumer SoftwareApps

Stages Peng T. Ong invests in

SeedSeries A

Countries Peng T. Ong invests in

SingaporeUnited States

Round sizes

Seed $600k–$3.2MSeries A $7.8M–$16M

Contacts

TypeContactValidation
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Round size

Seed
$600k–$3.2M
Series A
$7.8M–$16M

Investment Focus

Industry

  • Mobile Apps 3 (38%)
  • Artificial Intelligence 3 (38%)
  • Social 2 (25%)
  • Consumer Software 2 (25%)
  • Apps 1 (13%)
See all 23 industries →

Stage

  • Seed 6 (75%)
  • Series A 2 (25%)

Country

  • Singapore 4 (50%)
  • United States 3 (38%)

Investments

CompanyDescriptionRoundLinks
Acceler8 is a business intelligence platform that aims to replace traditional, calendar-driven workforce decisions with continuous, data-driven insights. Seed / Mar 03, 2026
WeGoWhere is a social app that lets people build and manage their relationships, in person. $1.2M / Seed / Jun 01, 2023
Your group's vibe manager. $1.2M / Seed / Jun 01, 2023
OSOME is a digital business assistant that offers online accounting services for small and medium businesses. It provides company incorporation, corporate secretary, accounting, and immigration services in Singapore, Hong Kong, UK. The company combines experience and personal care with the efficiency of artificial intelligence. Through automation,the company’s business model drives a step-change in both efficiency and customer satisfaction that leads to a high potential for growth and profitability.OSOME was founded in 2017 and is headquartered in Singapore, also has a presence in the United Kingdom, as well as Hong Kong. $16M / Series A / Jun 10, 2021
ELSA is the most comprehensive, AI-powered English learning platform. ELSA now includes an AI Tutor, the most human-like experience in providing gen AI real-time conversations and in-depth feedback. ELSA also includes speaking lessons with personalized learning paths, test and interview preparation, as well as our Speech Analyzer feature thatallows learners to record and receive a full performance assessment report and tutorial plan $3.2M / Seed / Mar 06, 2018
Coffee Meets Bagel (CMB) is a highly curated dating service where women call the final shot on who gets to talk to them among guys who expressed interest. We believe that the best dating experience is offered through a differentiated service for men and women. Globally, we have generated more than one million dates and thousands of lastingrelationships. We started Coffee Meets Bagel in 2012 because we wanted to inspire singles to feel good about dating again. Over the last 4 years, we came to realize that men and women have very different styles of dating and that the best dating experience for everyone is offered through a differentiated service for men and women. Hence the new way of servicing #LadiesChoice was born. Singles, especially single women, are becoming exhausted with the direction mobile dating is headed today. Dating has become an endless swipe of photos -- a place for ghosting and being ghosted. To us, that isn't really dating, that's a huge waste of time. With #LadiesChoice, we are giving women more control of their dating experience. We are enabling them to re-focus their time and energy on men who are serious about taking the next step. We are hoping to inspire all singles around the world to feel good about dating again. Welcome to Coffee Meets Bagel! $7.8M / Series A / Feb 18, 2015
Pie Pie
Pie is the fastest, easiest, and most fun messaging app you’ll ever use for work. And best of all, if you love Pie on your mobile device, you'll love our Web app over at pie.co. They'd love to help you get started, send an email to team@pie.co with your questions. $800K / Seed / Jun 10, 2014
Coffee Meets Bagel (CMB) is a highly curated dating service where women call the final shot on who gets to talk to them among guys who expressed interest. We believe that the best dating experience is offered through a differentiated service for men and women. Globally, we have generated more than one million dates and thousands of lastingrelationships. We started Coffee Meets Bagel in 2012 because we wanted to inspire singles to feel good about dating again. Over the last 4 years, we came to realize that men and women have very different styles of dating and that the best dating experience for everyone is offered through a differentiated service for men and women. Hence the new way of servicing #LadiesChoice was born. Singles, especially single women, are becoming exhausted with the direction mobile dating is headed today. Dating has become an endless swipe of photos -- a place for ghosting and being ghosted. To us, that isn't really dating, that's a huge waste of time. With #LadiesChoice, we are giving women more control of their dating experience. We are enabling them to re-focus their time and energy on men who are serious about taking the next step. We are hoping to inspire all singles around the world to feel good about dating again. Welcome to Coffee Meets Bagel! $600K / Seed / Sep 26, 2012

Co-Investors

Monk’s Hill Ventures

About Monk’s Hill Ventures

VC Fund · Singapore, Singapore

Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, Monk’s Hill Ventures (‘MHV’) is a venture capital firm investing in early-stage technology startups in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in the region. We take a first-principles approach in how we operate and make decisions at MHV. We break down ideas and business models to understand the fundamentals. Since our founding in 2014, Monk’s Hill Ventures has invested in more than 20 fast-growing startups spanning multiple business models and industry verticals. We look to work with founders in the early stages of the development of their businesses, and typically invest at the Series A stage. We are entrepreneurs backing entrepreneurs. This runs in our DNA. With the utmost respect for the founder, the firm is led by entrepreneurs and operators, CEOs, and CTOs of successful tech companies both in Asia and in Silicon Valley. Our footprint spans across Southeast Asia with on-the-ground teams in Singapore, Indonesia, Malaysia, Vietnam and Thailand. Our network comprises entrepreneurs, investors, former CEOs, engineers, academics, media and a team of operating advisors with strong domain expertise from cybersecurity, data science, financial services, to healthcare, to provide our founders with the right access and advice as they scale and build.

Monk’s Hill Ventures Contacts

NameEmailPhoneSocials
Peng T. Ong
Peng T. Ong Co-Founder & Managing Partner
Ali Darwish
Ali Darwish Head of Corporate Development
Aswin Andrison
Aswin Andrison Venture Scout
Justin Nguyen
Justin Nguyen Partner
Kuo-Yi Lim
Kuo-Yi Lim Co-Founder & Managing Partner

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FAQ

What does Peng T. Ong invest in?

Peng T. Ong invests primarily in Mobile Apps, Artificial Intelligence and Social startups, most often at Seed and Series A stage. Most of the 8 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Peng T. Ong invest in?

Peng T. Ong typically joins rounds of $600k–$3.2M at Seed and $7.8M–$16M at Series A. These are whole funding-round sizes, not Peng T. Ong's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Peng T. Ong took part in.

How do I contact Peng T. Ong?

Public channels for Peng T. Ong include LinkedIn, X (Twitter) and Facebook. 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 Peng T. Ong last invest?

The most recent investment recorded for Peng T. Ong closed in Mar 2026. 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 Nov 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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