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Top 50 SaaS Startup Investors in Indonesia (June 2026)

The most active venture capital funds and angel investors investing in Indonesia SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia SaaS startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
East Ventures
VC Fund
54 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $649k–$38M
AC Ventures
VC Fund
37 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $953k–$87M
Antler
VC Fund
24 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Prasetia Dwidharma
VC Fund
20 Indonesia, Singapore, United States Seed, Series A, Pre-Seed Software, Information Technology, E-Commerce $100k–$15M
Insignia Ventures Partners
VC Fund
18 Indonesia, Singapore, Vietnam Seed, Series A, Series B Financial Services, FinTech, Software $50k–$131M
Alpha JWC Ventures
VC Fund
18 Indonesia, Singapore, Vietnam Seed, Series A, Series B Information Technology, E-Commerce, Financial Services $1.5M–$139M
Skystar Capital
VC Fund
15 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Software, Financial Services $850k–$25M
Intudo Ventures
VC Fund
15 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $645k–$113M
Alto Partners Multi-Family Office
VC Fund
15 Indonesia, Singapore, United States Series A, Seed, Series B FinTech, Financial Services, SaaS $1.1M–$50M
Init 6
VC Fund
14 Indonesia, Singapore, Pakistan Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
BEENEXT
VC Fund
14 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, Financial Services $500k–$50M
Pegasus Tech Ventures
VC Fund
14 United States, Japan, Indonesia Seed, Series B Software, Artificial Intelligence, E-Commerce $500k–$142M
SMDV
VC Fund
14 Indonesia, Thailand, Singapore Series A, Seed, Series B E-Commerce, Information Technology, Software $1.5M–$45M
Convergence Ventures
VC Fund
14 Indonesia, Singapore, Taiwan Series A, Seed, Series B Financial Services, FinTech, Internet $120k–$27M
Peak XV Partners
VC Fund
13 India, United States, Singapore Series A, Series B, Seed Software, Financial Services, E-Commerce $2M–$75M
MDI Ventures
VC Fund
13 Indonesia, Singapore, United States Series B, Seed, Series A Software, E-Commerce, Information Technology $500k–$75M
GK-Plug and Play Indonesia
VC Fund
12 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $50k–$12M
Golden Gate Ventures
VC Fund
12 Singapore, Indonesia, United States Seed, Series A, Series B FinTech, E-Commerce, Financial Services $400k–$60M
Wavemaker Ventures
VC Fund
11 United States, Singapore, Philippines Seed, Series A Software, E-Commerce, Information Technology $920k–$20M
Gan Kapital
VC Fund
10 Singapore Seed, Pre-Seed SaaS, Internet, Software $50k–$2.3M
SOSV
VC Fund
10 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Global Founders Capital
VC Fund
9 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $637k–$33M
STRIVE
VC Fund
9 Japan, India, Indonesia Seed, Series A Software, Internet, E-Commerce $800k–$142M
Vertex Ventures
VC Fund
9 United States, China, Israel Series A, Series B, Series C Software, Information Technology, SaaS $3M–$100M
January Capital
VC Fund
9 Singapore, Australia, Indonesia Seed, Series A, Series B E-Commerce, FinTech, Software $2M–$50M
Goodwater Capital
VC Fund
9 United States, India, South Korea Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$31M
Genesia Ventures
VC Fund
9 Japan, Vietnam, Indonesia Seed, Series A Information Technology, Software, Health Care $788k–$68M
Central Capital Ventura
VC Fund
8 Indonesia, Singapore, Australia Series A, Seed, Series B Financial Services, FinTech, Software $3M–$80M
Sovereign’s Capital
VC Fund
8 United States, Indonesia, Singapore Seed, Series A Software, FinTech, E-Commerce
Kejora Capital
VC Fund
8 Indonesia, Singapore, Malaysia Seed, Series B Financial Services, E-Commerce, FinTech $15k–$170M
1982 Ventures
VC Fund
8 Singapore, Indonesia, Philippines Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $1.2M–$8.5M
BRI Ventures
VC Fund
8 Indonesia, Singapore, Taiwan Seed, Series A, Series B Financial Services, FinTech, B2B $2M–$100M
XA Network
VC Fund
7 Singapore, Indonesia, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $681k–$10M
Saison Capital
VC Fund
7 India, Indonesia, Singapore Seed, Series A, Pre-Seed Financial Services, FinTech, Information Technology $1.5M–$40M
Monk’s Hill Ventures
VC Fund
7 Singapore, Indonesia, Vietnam Series A, Seed, Series B E-Commerce, Financial Services, Information Technology $700k–$30M
Ardent Capital
VC Fund
7 Nigeria, Indonesia, Thailand Seed, Pre-Seed, Series A E-Commerce, Internet, Software $100k–$15M
Venturra
VC Fund
7 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, Software $1M–$60M
Vertex Ventures Southeast Asia & India
VC Fund
7 India, Singapore, Indonesia Series A, Series B, Seed E-Commerce, SaaS, FinTech $2.2M–$40M
Mandiri Capital Indonesia (MCI)
VC Fund
6 Indonesia Series B, Series A, Seed FinTech, Financial Services, B2B $500k–$65M
Emtek Group
VC Fund
6 Indonesia, Singapore, Malaysia Series A, Seed, Series B E-Commerce, Internet, Apps $4M–$100M
GDP Venture
VC Fund
6 Indonesia, Singapore, United States Series A, Seed, Series B Artificial Intelligence, Information Technology, Software $200k–$19M
Indogen Capital
VC Fund
6 Indonesia, Singapore, Taiwan Series A, Seed, Series B Information Technology, Coworking, Real Estate $2.7M–$65M
Openspace Capital
VC Fund
6 Singapore, Indonesia, Philippines Series A, Series B, Seed E-Commerce, Financial Services, Software $1.9M–$35M
Lightspeed Venture Partners
VC Fund
6 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2M–$120M
K3 Ventures
VC Fund
5 Singapore, United States, Indonesia Series A, Seed Financial Services, FinTech, Software $1.2M–$42M
Gobi Partners
VC Fund
5 China, Malaysia, Singapore Series A, Seed, Series B E-Commerce, Financial Services, Internet $800k–$37M
Indonesia Women Empowerment Fund
VC Fund
5 Indonesia, Singapore Seed, Pre-Seed Food and Beverage, EdTech, Gaming $560k–$900k
Alter Global
VC Fund
5 Indonesia, Brazil, Mexico Seed, Pre-Seed, Series A E-Commerce, Financial Services, Information Technology $1.3M–$31M
Gunung Sewu Group
VC Fund
5 Indonesia, New Zealand Series A, Seed, Series B Internet, Information Technology, E-Commerce
Pavilion Capital
VC Fund
5 United States, Japan, Singapore Series B, Series A, Series C Biotechnology, Health Care, Information Technology $6M–$723M
Access all 90 investors in Indonesia SaaS startups.

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

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Investor list

East Ventures
VC Fund · Tokyo, Tokyo, Japan · 54 investments in Indonesia SaaS startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 444
  • Round size: Seed $649k–$18M; Series A $2.1M–$38M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Anyplace — Find furnished accommodations to rent for a month or longer. Choose apartments catered for remote work with an equipped home office and high-speed internet.
  • Social Bread — Marketplace Influencer untuk UMKM Indonesia
  • Appify Technologies — Appify Technologies, Inc.
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 37 investments in Indonesia SaaS startups

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm that invests in early-stage startups focused on Indonesia and ASEAN, with over US$500 million in assets under management across five funds. The firm’s areas of investment focus on a variety of industries, including digital enablement, financial technologies, agriculturetechnologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 116
  • Round size: Seed $953k–$10M; Series A $5M–$31M; Series B $5M–$87M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Bibit.id — Beli Reksa Dana & Obligasi Negara dengan mudah di aplikasi. Mitra Distribusi SBN Terbaik 2022-2024. Diawasi OJK.
  • Koltiva — Koltiva is a farmer first global tech company empowering over 480,000 farmers and business users across 27 countries. We support some of the largest multinational companies by digitizing global supply chains and technology. Our focus is to enhance traceability, inclusiveness, and sustainability.
  • Simplus — Simplus offers customers more fashionable and cost-effective small home appliances.
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Antler
VC Fund · Singapore, Central Region, Singapore · 24 investments in Indonesia SaaS startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 935
  • Round size: Seed $362k–$5.8M; Pre-Seed $100k–$1.3M; Series A $4.6M–$29M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Gyodi
  • Pathzero — Pathzero's carbon management platform enables any business to start disclosing corporate carbon emissions and the actions being taken to address them.
  • Unseen — Unseen is a market intelligence platform for commercial real estate.
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Prasetia Dwidharma
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 20 investments in Indonesia SaaS startups

PT Prasetia Dwidharma was founded in 2008 as a telecommunication infrastructure contractor. The company has started to invest in technology startups since 2013.

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $500k–$3.3M; Pre-Seed $100k–$1.5M; Series A $3M–$15M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
  • Luna POS — Luna POS provides cloud-based cashier, inventory management, and accounting solutions for SMEs in Indonesia. The company offers a seamless mobile cloud-based Point of Sale (POS) and accounting system, helping the retail industry with managing business activities such as checking the stock of goods, making a bundle menu, calculating sales, and tosee financial statements of the business.
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Insignia Ventures Partners
VC Fund · Singapore, Central Region, Singapore · 18 investments in Indonesia SaaS 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: 140
  • Round size: Seed $50k–$13M; Series A $4.4M–$26M; Series B $12M–$131M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Diaflow — Diaflow is an agentic automation platform that enables users to automate their business processes using natural language
  • Konvy.com — Konvy.com is an online platform that provides cosmetics and skincare products.
  • SeIndonesia — Se’Indonesia is a fastest growing Indonesian Quick Service Restaurant chain. providing high-quality protein that is flavorful, nutritious, accessible, and affordable. The company specializes in smoked beef bowls, leveraging a proprietary smoking process that delivers distinct taste and aroma rooted in Indonesian culinary tradition.Founded with avision to revolutionize the food industry, Se’Indonesia emphasizes product integrity, operational scalability, and efficient delivery formats. Through its commitment to honest cooking and accessible nutrition, the company is positioned to lead the next generation of quick-service food solutions across Indonesia and beyond.
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Alpha JWC Ventures
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 18 investments in Indonesia SaaS startups

Alpha JWC Ventures is an Indonesia-focused value-adding venture capital firm with expertise in FinTech and the Consumer tech sector. Alpha JWC Ventures is an independent and institutional firm that believes in investing in a disciplined manner combined with an active portfolio management approach. The firm was founded in 2015 and is based inJakarta Pusat, Jakarta Raya, Indonesia.

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Investment focus

  • Industry: Information Technology, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 115
  • Round size: Seed $1.5M–$8M; Series A $5.3M–$40M; Series B $15M–$139M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $433M in 2021

Portfolio highlights

  • Ajaib — Mulai investasi online dengan Ajaib. Platform investasi terpercaya yang aman, sudah berizin dan diawasi OJK & BAPPEBTI. Download aplikasinya & daftar sekarang!
  • Mangkokku — Welcome to the home of no. 1 Rice Bowl in Indonesia! Bersih, Merakyat, Nikmat Nyata. A culinary startup founded by Chef Arnold Poernomo, Randy J Kartadinata, Kaesang Pangarep, and Gibran Rakabuming. See our menu, locations, promos, and more!
  • Venti Technologies — Venti Technologies is a safe-speed autonomous vehicles developer company.
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Skystar Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 15 investments in Indonesia SaaS startups

We are Skystar Capital, an early-stage VC firm committed to supporting tech entrepreneurs to create a lasting and profound positive difference in Southeast Asia and Indonesia.

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Investment focus

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

Investor stats

  • Total investments: 58
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$25M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Mimin — Mimin adalah aplikasi gratis yang membantu seller online yang berbasis chat dalam mengatur bisnis dengan mudah. Proses Order. Cek Ongkir. Tagih pembayaran.
  • bythen — bythen enables the production of autonomous 3D avatar bots powered by AI.
  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
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Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 15 investments in Indonesia SaaS 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: 51
  • Round size: Seed $645k–$3.8M; Series A $3.7M–$31M; Series B $4.3M–$113M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $115M in 2021

Portfolio highlights

  • Jala Tech — JALA helps shrimp farmers increase cultivation production and efficiency in the shrimp industry.
  • iSeller — iSeller is an information technology company located in Jakarta.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
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Alto Partners Multi-Family Office
VC Fund · Singapore, Central Region, Singapore · 15 investments in Indonesia SaaS startups

Alto Partners is the first Multi-Family Office founded by and for Asia’s entrepreneurs.​​ Since our establishment in 2013, we have invested in dozens of Southeast Asia's leading founders. ​Many entrepreneurs we backed with our financial and strategic capital have become Asia's most celebrated success stories.​​As we achieve exitsalongside founders, we become the family office of choice for new entrepreneurial wealth, which is often re-invested into next generation start-ups. ​This entrepreneur-focused cycle of venture funding, exits and re-investment underpins the growth of our family office, which today includes the founders of Gojek, Bank Jago, Kopi Kenangan, ​Jobstreet, Northstar and others from Asia's venture ecosystem. ​​

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Investment focus

  • Industry: FinTech, Financial Services, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 74
  • Round size: Seed $1.1M–$7.7M; Series A $1.9M–$35M; Series B $10M–$50M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Aman — Aman provides modern technology for growing companies to set up and manage their employee benefits, simplifying complexity of benefit administation and delivering a world-class experience. Our platform enables companies to competitively recruit, engage and retain top talents.
  • AgriAku — AgriAku is a technology-based local agribusiness company that enables traders & farm shop owners to get saprotan(agriculture production facilities) at affordable prices through it's apps - Agroaku Mitra app, and Agroaku Hub app. AgriAku offers full-stack agriculture services for small and medium-sized businesses and farmers. AgriAku offerscomplete agricultural equipment such as seeds, fertilizers, agrochemicals to agro equipment.
  • Nafas — Nafas is simple people need to be aware of the air they breathe, and the impact that the quality of air has on their health and their life.
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 14 investments in Indonesia SaaS startups

Init 6 is an early-stage startup fund that looks for technical founders with a passion to solve big problems. They understand their challenges and they are not afraid of helping them. The firm was founded in 2020 by co-founders Achmad Zaky and Nugroho Herucahyono (Xinuc) after leaving the company Bukalapak.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $1M–$18M; Pre-Seed $1.1M–$2.3M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Gently — Gently adalah brand personal care bayi dan anak yang mengedepankan khasiat dan formula yang lembut
  • imajin — Imajin adalah pasar online manufaktur di Indonesia yang menyediakan layanan dalam proyek 3D, mold, die, product, part serta penyewaan mesin CNC.
  • One% Nutrition — One% Nutrition is a food and beverage brand focused on health and wellness.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
BEENEXT
VC Fund · Singapore, Central Region, Singapore · 14 investments in Indonesia SaaS startups

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.

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Investment focus

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

Investor stats

  • Total investments: 286
  • Round size: Seed $500k–$8.5M; Series A $2M–$29M; Series B $4.6M–$50M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $1.6B in 2020

Portfolio highlights

  • Driffle — A marketplace built for gamers by gamers. Browse a huge collection of games, gift cards & subscriptions.
  • ProsParity — Reimagining Distribution Of Credit In The Electric Mobility Sector
  • First Coffee — Discover the best specialty coffee in India with our range of single origin Arabica beans and exclusive merchandise. Shop online at First Coffee for freshly roasted, quality blends.
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Pegasus Tech Ventures
VC Fund · San Jose, California, United States · 14 investments in Indonesia SaaS 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, E-Commerce
  • Stage:Seed, Series B
  • Geography: United States, Japan, Indonesia

Investor stats

  • Total investments: 202
  • Round size: Seed $500k–$5M; Series B $7.3M–$142M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • NOTA Labs — NOTA Labs is a startup company that develops a face mask insert to protect individuals against viral and bacterial pathogens.The inexpensive mask insert uses a proprietary solid-phase nitric oxide (NO) generating material that can be placed into most any face mask.In 2014, Paul Rabinovich and Mark Meyerhoff established it in Ann Arbor,Michigan.
  • Iambic — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
  • 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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SMDV
VC Fund · Jakarta, Jakarta Raya, Indonesia · 14 investments in Indonesia SaaS startups

SMDV sinar mas digital ventures

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Investment focus

  • Industry: E-Commerce, Information Technology, Software
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Thailand, Singapore

Investor stats

  • Total investments: 55
  • Round size: Seed $1.5M–$5.3M; Series A $2.6M–$28M; Series B $18M–$45M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • Amity Corporation — Discover Amity, where we create digital solutions that help organizations, teams and individuals achieve more through technology and social innovation.
  • Warung Pintar — Platform digital terpercaya untuk membantu warung tradisional Indonesia tumbuh bersama teknologi.
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Convergence Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 14 investments in Indonesia SaaS 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, FinTech, Internet
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 52
  • Round size: Seed $120k–$3M; Series A $1.3M–$21M; Series B $7.5M–$27M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2016

Portfolio highlights

  • Stockbit — Aplikasi saham untuk berdiskusi, analisa dan berinvestasi dengan harga real time, berita terkini, riset, data fundamental, charting, dan analytical tools yang lengkap
  • Pandemic Insights — Know and Manage Health Risk Anywhere
  • Kargo Technologies — Kargo adalah layanan logistik online yang menyediakan solusi pengiriman barang yang mudah, cepat, dan terpercaya. Temukan layanan yang dapat diandalkan untuk memenuhi kebutuhan pengiriman Anda.
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Peak XV Partners
VC Fund · Bengaluru, Karnataka, India · 13 investments in Indonesia SaaS startups

We help the daring build legendary companies.

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Investment focus

  • Industry: Software, Financial Services, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 606
  • Round size: Seed $2M–$12M; Series A $5.2M–$25M; Series B $10M–$75M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • InVideo — Create & edit AI videos, AI Avatars, UGC product ads and much more!
  • Progcap — Progcap is revolutionising the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles.
  • Sarvam AI — Sarvam AI is on a mission to lead transformative AI research that will significantly improve the robustness, performance, and cost-effectiveness of GenAI app development, deployment, and distribution in India.
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MDI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 13 investments in Indonesia SaaS startups

MDI is a corporate venture capital initiative by Telkom Indonesia and is set as an independent entity with its own funding processes. MDI uniquely combines a VC model with service in providing companies with access to operational help after making a financial investment.MDI works closely with global accelerators and venture firms to bringproprietary technology from other mature markets into various businesses of Telkom Indonesia.

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Investment focus

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

Investor stats

  • Total investments: 99
  • Round size: Seed $500k–$6.4M; Series A $3.5M–$35M; Series B $5.2M–$75M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Zenius Education — Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.
  • Manus Bio — Manus Bio makes nature accessible and affordable for a growing society. Making nature accessible and affordable for a growing society.It is estimated that the world’s population will increase by more than 35% by 2050, reaching 9 billion people. Crop production will need to more than double in order to feed these people and meet the consumer needsof a developing world. With very little land remaining for agricultural expansion, they as a society need to find ways to maximize the use of their world’s resources.Plants produce a variety of rare natural products which are used in their daily lives as flavors, fragrances, food ingredients, cosmetics, vitamins, pharmaceuticals and agricultural chemicals. They strive to reduce their dependence on land- and resource-intensive practices by recreating natural processes through biotechnology.
  • Decklar — Clarity drives every great decision. Our vision is to make global supply chains transparent, automated, and sustainable.
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GK-Plug and Play Indonesia
VC Fund · Setiabudi, Jakarta Raya, Indonesia · 12 investments in Indonesia SaaS startups

GK-Plug and Play Indonesia is an innovation platform that connects startups and corporations. Its goal is to create an ecosystem of change-makers, where all parties involved which include corporations, startups, investors, government entities, regulators, and universities are able to thrive and grow.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $50k–$5M; Series A $4.5M–$12M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Biorce — Biorce is an innovating HealthAI startup committed to transforming drug development through the use of artificial intelligence.
  • JOBO Interim — JOBO Interim is a staffing agency that recruits employees and provides employment through digital access.
  • Tensor Energy — Creating the operating system of our zero-carbon, distributed energy future
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Golden Gate Ventures
VC Fund · Singapore, Central Region, Singapore · 12 investments in Indonesia SaaS startups

Golden Gate Ventures is a venture capital firm investing across Southeast Asia. Since 2011, the firm has launched four funds, managed US$250M AUM, and invested in 60+ companies in over 7 countries in Asia. The firm focuses on investing in technology companies driven by the rising consumer class in Southeast Asia.

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Investment focus

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

Investor stats

  • Total investments: 130
  • Round size: Seed $400k–$6M; Series A $1.5M–$15M; Series B $10M–$60M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • Arkadiah — Secure high quality carbon credits & support biodiversity. Arkadiah fuses AI with satellite data and ground truth, transforming degraded lands to be nature-positive.
  • Sampingan — Sampingan is an Indonesian company that connects businesses through their platform with selected and trained freelancers for easily doable task-based jobs that provides agents with temporary work. The company was founded in 2018 and is based in Jakarta, Indonesia.
  • NextPay — Receive, manage, and spend your company's finances on a single platform. Save time and costs with a digital financial suite built to empower growing businesses.
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Wavemaker Ventures
VC Fund · Singapore, Central Region, Singapore · 11 investments in Indonesia SaaS startups

Wavemaker Group is a cross-border venture capital firm founded in 2003 and one of the most active early-stage investors across multiple funds.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 318
  • Round size: Seed $920k–$5M; Series A $3M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $136M in 2022

Portfolio highlights

  • 24 FIX — Founded in 2018, 24 Solution Group has aimed to REVOLUTIONIZE the maintenance service & home solution industry in SEA and beyond by delivering one-stop solutions with SIMPLICITY. Our mission is to deliver STOPLESS INNOVATION for a sense of blissful living. We do what it takes to ensure all spaces, whether home or workplace, is always at theirfull QUALITY & CAPABILITY.Unlike other platforms, we are not a matchmaker between clients and agents but a real end-to-end service. Recognizing that property maintenance is an elaborate practice that requires specialized knowledge, we have a dedicated team who control the process from start to finish, ensuring that our services are of the highest standard. Today our ecosystem holds more than 500 active fixer teams and material vendor stores.Our Brand Values: Inspiring Better Living Through Reinvention: Always push for new, innovative and better possibilities Profound Caring: Anticipate needs, translate vision, and bring it to life Trusted Expert: A reliable brand that consumers can trust to solve every issueTo date, we have a growing top-notch team of almost 200 people with a diverse yet unified culture. For corporate service enquiries and strategic partnerships, please reach out to business@24slg.comFor investment opportunities, please reach out to investor@24slg.com
  • RateIt — An omni-channel CX platform that captures, interprets & analyses customer feedback in ways that makes it easy to see the right moves to make.
  • VAMA — VAMA is a one-stop virtual platform that provides easy access to e-pujas, e-darshans, and astrology services, to devotees from across India and the world.
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Gan Kapital
VC Fund · 10 investments in Indonesia SaaS startups

Gan Konsulindo is an inter-connected network of leading investment companies.

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Investment focus

  • Industry: SaaS, Internet, Software
  • Stage:Seed, Pre-Seed
  • Geography: Singapore

Investor stats

  • Total investments: 21
  • Round size: Seed $50k–$2.3M; Pre-Seed $50k–$800k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bahasa.ai — Bahasa.ai is an AI as a service company whose mission is to build the most robust NLP/NLU modules for Bahasa Indonesia.
  • Protos Labs — Unify cyber risk data for actionable insights and reduced exposure with the Nexus integrated cyber risk analytics platform by Protos Labs.
  • Synchronous — Graph data for a distributed, real-time world. The easiest graph data experience for Python developers. Get started today for free.
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SOSV
VC Fund · Princeton, New Jersey, United States · 10 investments in Indonesia SaaS startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 9 investments in Indonesia SaaS startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 822
  • Round size: Seed $1.4M–$8.8M; Pre-Seed $637k–$5M; Series A $4M–$33M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • TalentHack — TalentHack is a health platform that connects directly with the fitness professionals and industry. They exist to redefine what a career in fitness can be, by providing opportunities to propel you forward. It takes hours for companies to find a single potential lead, let alone a candidate. The company was founded in 2018 and is based in New York,NY, United States
  • Membrane — Membrane is AI for product integrations. Describe what you need, watch integrations build, test and maintain themselves.We exist to let any product connect to any other reliably, safely, and at scale, by turning intent & customer needs into integrations with AI.Our platform offers the state-of-the-art solution in the AI Age for productintegrations:Membrane Agent builds integrations for one or multiple apps at once, choosing correct API calls, field mappings, and data structuresMembrane Engine is the configurable infrastructure that you or any agent can play with. It contains actions, events/webhooks, flows, data collections, unified API models, field mappings, and schemas & more used to build and maintain integrations at scale.Membrane Packages - integration code that is purpose built for your use case, that you can deploy in your IDE.Membrane is used by 100+ B2B SaaS companies like Constant Contact, PandaDoc, Dialpad, Storyblok & many others as their preferred integration partner
  • Bravo Sierra — Bravo Sierra creates performance body care products for the most active individuals. Every formula undergoes rigorous field-testing to meet strict standards of quality and efficacy. Designed and manufactured in the U.S.A, a portion of every purchase directly supports military veterans and their families.
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STRIVE
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Indonesia SaaS 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, Internet, E-Commerce
  • Stage:Seed, Series A
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 137
  • Round size: Seed $800k–$33M; Series A $2M–$142M
  • Lead/follow: 33% lead, 67% 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.
  • YOUTRUST — YOUTRUST is a startup to operate YOUTRUST a referral recruitment platform for side-job change.
  • 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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Vertex Ventures
VC Fund · Palo Alto, California, United States · 9 investments in Indonesia SaaS startups

Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 403
  • Round size: Series A $3M–$28M; Series B $6M–$43M; Series C $9.3M–$100M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Hasura — Hasura gives you instant GraphQL & REST APIs on new & existing data sources. Connect Hasura to your data & get APIs in under a minute.
  • Active.ai — Boost customer engagement with WhatsApp Business API via Gupshup Conversation Cloud. Integrate AI chat and voice, automate interactions, and streamline communication globally. Meta's Partner of the Year.
  • GrowthSpace — Employee Development at Scale, Driven by Data
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January Capital
VC Fund · Singapore, Central Region, Singapore · 9 investments in Indonesia SaaS startups

We partner with exceptional technology companies in the Asia-Pacific region, providing flexible capital solutions to amplify their growth ambitions.

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Investment focus

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

Investor stats

  • Total investments: 94
  • Round size: Seed $2M–$8M; Series A $6M–$25M; Series B $11M–$50M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Hupo — Ami is a human-centric mental wellness platform that provides employees with one-click mental health coaching by connecting them with relevant coaches.
  • Circular — We are making subscriptions the best way to experience tech. Circular aims to accelerate the circular economy and maximise the useful lives of each tech device to its fullest potential.
  • True Platform — B2B SaaS Company | Productivity & CRM
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Goodwater Capital
VC Fund · Burlingame, California, United States · 9 investments in Indonesia SaaS startups

Consumer Tech Investors - We empower exceptional entrepreneurs everywhere to change the world for good.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, South Korea

Investor stats

  • Total investments: 473
  • Round size: Seed $1M–$8M; Pre-Seed $500k–$3M; Series A $4.5M–$31M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • IRL — Groups, Chats, Events - Tap to see details
  • Jerry — Jerry simplifies the expensive, frustrating, and time-consuming aspects of car ownership.
  • Class101 — Class101 is an online platform where people can make and enjoy hobbies.
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Indonesia SaaS startups

Genesia Ventures is a venture capital firm focused on seed/early stage startups in Japan and Southeast Asia. Since it's inception in Dec 2016, Genesia Ventures has invested in over 90 companies in Japan, Indonesia, Vietnam, Singapore and the US. Genesia Ventures invests in various sectors: SaaS, marketplace, Media, Finance, Insurance,RealEstate, Healthcare, Medical, Travel, Education, Manufacturing, Construction, HR, Agriculture, Sports, Retail, Entertainment, etc.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Seed, Series A
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 192
  • Round size: Seed $788k–$31M; Series A $1.5M–$68M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $589M in 2017

Portfolio highlights

  • Eitoss — Eitoss is a technology company which has developed and provided the proposal improvement cloud "Cayzen".
  • Recerqa — Recerqa is a supply chain management SaaS that utilizes advanced development technology and AI to improve the purchasing, inventory, and sales management experiences.
  • Finovo — Finovo specializes in the research, development, operation, and maintenance of cutting-edge accounting and financial software solutions.
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Central Capital Ventura
VC Fund · Jakarta, Jakarta Raya, Indonesia · 8 investments in Indonesia SaaS startups

Central Capital Ventura (CCV) is the venture and innovation arm of Indonesia's largest private bank, Bank Central Asia

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Investment focus

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

Investor stats

  • Total investments: 21
  • Round size: Series A $3M–$44M; Series B $60M–$80M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Railsr — Railsbank. REDEFINING THE POSSIBILITIES - We go beyond financial transactions, to deliver digital experiences your customers love.
  • MiyaHealth — MiyaHealth develops technologies to improve the healthcare experience for patients.
  • Sinbad Indonesia — Solusi belanja grosir online untuk menyuplai stok toko Anda dari distributor utama. Aplikasi Sinbad membuat belanja grosir online dijamin lebih hemat dan mudah.
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Sovereign’s Capital
VC Fund · Raleigh, North Carolina, United States · 8 investments in Indonesia SaaS 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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Kejora Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 8 investments in Indonesia SaaS startups

We are the catalyst for Asia’s brightest founders to build successful, high-growth leading companies across the region. Founded in 2014, Kejora is the leading venture capital firm that operates in the largest tech ecosystem in Southeast Asia. Since operating, Kejora has invested in over 35 startups in Asia and created more than 91,000 jobsglobally. We are continuously focused on investing, building, and growing highly scalable businesses.

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Investment focus

  • Industry: Financial Services, E-Commerce, FinTech
  • Stage:Seed, Series B
  • Geography: Indonesia, Singapore, Malaysia

Investor stats

  • Total investments: 30
  • Round size: Seed $15k–$5M; Series B $30M–$170M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2020

Portfolio highlights

  • GoCement — Tempatnya jual beli bahan bangunan online terlengkap berkualitas dan harga murah di Indonesia. Cari kebutuhan alat dan bahan bangunanmu, hanya di GoCement
  • Investree — PT Investree Radhika Jaya, atau lebih dikenal dengan nama Investree, merupakan perusahaan teknologi finansial (fintech) yang berfokus pada layanan peer to peer lending
  • Sicepat Express — Sicepat Express provides several services to support businesses and puts forward practical solutions for e-commerce. SiCepat Ekspres has branches and outlets spread across cities in Indonesia. The company currently provides last-mile, warehousing and fulfillment, commerce-enabling services, online distribution, and middle-mile logistic.It wasfounded in 2004 and headquartered in Jakarta Pusat, Jakarta Raya.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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1982 Ventures
VC Fund · Singapore, Central Region, Singapore · 8 investments in Indonesia SaaS startups

Early stage venture capital investor focused on fintech in Southeast Asia

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Investment focus

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

Investor stats

  • Total investments: 60
  • Round size: Seed $1.8M–$5.6M; Pre-Seed $1.2M–$3.2M; Series A $4.1M–$8.5M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $20M in 2021

Portfolio highlights

  • Yarken — Yarken is the connector that conncet the dots between IT and finance.
  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • CrediLinq.Ai — CrediLinq.Ai is revolutionizing SME lending using AI and machine learning. They Linq artificial intelligence & machine learning with credit underwriting.
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BRI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 8 investments in Indonesia SaaS startups

Beyond Funding: Building Indonesia's Digital Ecosystem and Fostering Local Champions

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Investment focus

  • Industry: Financial Services, FinTech, B2B
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 45
  • Round size: Seed $2.3M–$10M; Series A $2M–$35M; Series B $5M–$100M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2020

Portfolio highlights

  • Materee — Materee is an Indonesian e-commerce platform that enables customers to shop for construction supplies. Materee aims to change and streamline the building material procurement process in Indonesia. Materee is headquartered in Banten, Jawa Barat and was founded in 2022.
  • DayaTani — Leveling Up Farming At Scale. From small plots to big estates, we design tech that levels up agricultural practitioners.
  • Bang Jamin — Bang Jamin offers all-encompassing services and an AI-powered insurance buying and claims process.
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XA Network
VC Fund · Singapore, Central Region, Singapore · 7 investments in Indonesia SaaS startups

XA Network is a highly selective, invitation-only global community for senior technology executives, founders, and investors shaping the future.

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Investment focus

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

Investor stats

  • Total investments: 61
  • Round size: Seed $1.3M–$7.9M; Pre-Seed $681k–$2M; Series A $1.8M–$10M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Osome — Osome helps foreign and Singaporean entrepreneurs to manage their businesses. Register and get your new company operational with our certified agents backed by modern technology
  • Peakflo — If your finance team spends hours on tasks like manual data entry, 2-way/3-way matching, data validation, document categorization, vendor reconciliation, and cash application, it's time to streamline the entire process with Peakflo AI!
  • Datakrew — Datakrew delivers real-time EV battery analytics and AI-powered fleet intelligence. Smarter, safer fleets start here. Explore our solutions.
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Saison Capital
VC Fund · Singapore, Central Region, Singapore · 7 investments in Indonesia SaaS 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, Indonesia, Singapore

Investor stats

  • Total investments: 106
  • Round size: Seed $1.7M–$8M; Pre-Seed $1.5M–$6M; Series A $3.4M–$40M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $55M in 2019

Portfolio highlights

  • XProtocol — XProtocol is a modular entertainment chain that uses base's superchain technology to help developers create games with player-driven economies.
  • Redacted Coin — Redacted is a Web3 entertainment and gaming platform.
  • Mythic Protocol — The Central Hub for Mythic Operatives to conduct their operations
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Monk’s Hill Ventures
VC Fund · Singapore, Central Region, Singapore · 7 investments in Indonesia SaaS startups

We believe in great founders who will change millions of lives through technology.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Singapore, Indonesia, Vietnam

Investor stats

  • Total investments: 88
  • Round size: Seed $700k–$20M; Series A $3.1M–$20M; Series B $5M–$30M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • INKR — With daily updates for the latest chapters of 1,500+ titles, INKR is a fast-growing, legal manga and comics reading platform. From Attack on Titan, Tokyo Revengers, Cherry Blossom After Winters, The Game that I Came From, etc. to indie gems like Love Murder Basketball, you will be entertained for days!
  • Ninja Van — Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrentlybuilding our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.
  • Ion Mobility — Ion Mobility is a tech-driven all-electric mobility company tackling a challenging and complex space.
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Ardent Capital
VC Fund · Bangkok, Krung Thep, Thailand · 7 investments in Indonesia SaaS startups

Leading Venture Capital & Builder in Southeast Asia | Experts in E-Commerce, B2B, B2C, Fulfilment Startups | Seed, Series A Funding

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Indonesia, Thailand

Investor stats

  • Total investments: 37
  • Round size: Seed $100k–$2.5M; Pre-Seed $100k–$350k; Series A $1.1M–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2014

Portfolio highlights

  • Laborhack — LaborHack offers a select network of tested and certified carpenters, plumbers, electricians, masons, welders, and other tradespeople. It provides cleaning, plumbing, electrical, and HVAC services.
  • Trade Lenda — Trade Lenda: Access to Loans, Investments, Utility Payments, Credit Access, Insurance, and More! Unlock Opportunities to Earn, Invest, and Grow. Secure Personal or Business Loans Toda
  • Feather Africa — Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors.
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Venturra
VC Fund · Jakarta, Jakarta Raya, Indonesia · 7 investments in Indonesia SaaS startups

Empowering outstanding entrepreneurs across Southeast Asia in creating the next defining technology companies.

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Investment focus

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

Investor stats

  • Total investments: 69
  • Round size: Seed $1M–$6M; Series A $4M–$12M; Series B $4M–$60M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2015

Portfolio highlights

  • FR8Labs — FR8Labs offers a practical freight forwarder solution that includes all of the modules required, without the extraneous trappings of overly sophisticated features that may not use but wind up paying for.
  • Saladin — Saladin is an online platform that provides life, health, automotive, and travel insurance services.
  • Klinik Pintar — Klinik Pintar membantu pasien mendapatkan layanan kesehatan primer terbaik di klinik, rumah, dan kantor.
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Vertex Ventures Southeast Asia & India
VC Fund · Singapore, Central Region, Singapore · 7 investments in Indonesia SaaS startups

Vertex Ventures Southeast Asia and India invests in high-growth start-ups seeking their first round of institutional venture capital funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand and other emerging hubs of innovation across the region. It has a long and strong track record of investing in early-stage startups and building champions like Grab, Patsnap, 17Live, Nium, FirstCry, Licious, AsianParent, Validus, Warung Pintar, and others.

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Investment focus

  • Industry: E-Commerce, SaaS, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 124
  • Round size: Seed $2.2M–$5.5M; Series A $3M–$16M; Series B $6.7M–$40M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Onato — Onato is building a technology platform for India’s $100+ billion fruits and vegetables (F&V) industry.
  • BigEndian — BigEndian is a platform for fabless semiconductor development in surveillance vertical.
  • Attentive — Get automated takeoffs, create first-of-its-kind instant quotes, and manage leads with a lightning fast CRM.
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Mandiri Capital Indonesia (MCI)
VC Fund · Jakarta, Jakarta Raya, Indonesia · 6 investments in Indonesia SaaS 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, B2B
  • Stage:Series B, Series A, Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 29
  • Round size: Seed $500k–$2M; Series A $1M–$35M; Series B $5M–$65M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2015

Portfolio highlights

  • AgriAku — AgriAku is a technology-based local agribusiness company that enables traders & farm shop owners to get saprotan(agriculture production facilities) at affordable prices through it's apps - Agroaku Mitra app, and Agroaku Hub app. AgriAku offers full-stack agriculture services for small and medium-sized businesses and farmers. AgriAku offerscomplete agricultural equipment such as seeds, fertilizers, agrochemicals to agro equipment.
  • iSeller — iSeller is an information technology company located in Jakarta.
  • Sinbad Indonesia — Solusi belanja grosir online untuk menyuplai stok toko Anda dari distributor utama. Aplikasi Sinbad membuat belanja grosir online dijamin lebih hemat dan mudah.
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Emtek Group
VC Fund · Jakarta, Jakarta Raya, Indonesia · 6 investments in Indonesia SaaS startups

Emtek, Elang Mahkota Teknologi

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Investment focus

  • Industry: E-Commerce, Internet, Apps
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Malaysia

Investor stats

  • Total investments: 28
  • Round size: Series A $4M–$45M; Series B $25M–$100M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • AMILI — Asian Microbiome Library microbiome company and a stool bank serving as a hub for gut microbiome therapy.
  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
  • Mangkokku — Welcome to the home of no. 1 Rice Bowl in Indonesia! Bersih, Merakyat, Nikmat Nyata. A culinary startup founded by Chef Arnold Poernomo, Randy J Kartadinata, Kaesang Pangarep, and Gibran Rakabuming. See our menu, locations, promos, and more!
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GDP Venture
VC Fund · Jakarta, Jakarta Raya, Indonesia · 6 investments in Indonesia SaaS startups

GDP Venture is a venture builder focusing on commerce, consumer product, media & entertainment and solution companies

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 27
  • Round size: Seed $200k–$13M; Series A $3.3M–$19M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Summer — Summer International is a next generation Beauty, Health & Wellness Lifestyle company, headquarted in Los Angeles and South Korea.
  • AAG Ventures — AAG Ventures is the IT business behind AAG, one of the fastest-growing Play-To-Earn guilds in the industry.
  • Ion Mobility — Ion Mobility is a tech-driven all-electric mobility company tackling a challenging and complex space.
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Indogen Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 6 investments in Indonesia SaaS startups

Venture Capital Indonesia for sector agnostic investor in southeast asia. We are based in Jakarta with deep operating experience in Indonesia.

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Investment focus

  • Industry: Information Technology, Coworking, Real Estate
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 27
  • Round size: Seed $2.7M–$4.5M; Series A $4M–$30M; Series B $6.5M–$65M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Qoala — Asuransi online yang siap melindungi kamu dan orang tersayang, di mana aja, kapan aja. Premi murah, proses klaim mudah, dan 100% digital!
  • AgriAku — AgriAku is a technology-based local agribusiness company that enables traders & farm shop owners to get saprotan(agriculture production facilities) at affordable prices through it's apps - Agroaku Mitra app, and Agroaku Hub app. AgriAku offers full-stack agriculture services for small and medium-sized businesses and farmers. AgriAku offerscomplete agricultural equipment such as seeds, fertilizers, agrochemicals to agro equipment.
  • Jejakin — Kick off your sustainable journey with us
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Openspace Capital
VC Fund · Singapore, Central Region, Singapore · 6 investments in Indonesia SaaS startups

Openspace Ventures is a leading venture capital firm finding and backing Southeast Asian companies creating a transformative impact where tech meets life.

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Investment focus

  • Industry: E-Commerce, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: Singapore, Indonesia, Philippines

Investor stats

  • Total investments: 122
  • Round size: Seed $2.6M–$13M; Series A $1.9M–$20M; Series B $10M–$35M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
  • Octopus — Integrated Reseller System Fully Automated
  • Kumu Holdings — kumu is a pinoy community platform where you can just hang out, explore the many livestreams the Kumunity has to offer, meet and chat with fellow Filipinos all around the world
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 6 investments in Indonesia SaaS startups

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 1348
  • Round size: Seed $2M–$25M; Series A $6M–$80M; Series B $12M–$120M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.4B in 2022

Portfolio highlights

  • Seel — Peace of mind for shoppers and increased conversion rate for merchants. Available on Shopify App Store.
  • Alchemy — Whether you're a beginner, working on a side project, or one of the largest teams in the blockchain space, Alchemy makes Ethereum development easy with enhanced APIs, node infrastructure, and developer tooling. Get started for free!
  • Scrut Automation — Scrut Automation makes ISO 27001, SOC 2, GDPR and PCI DSS compliance easy, with 70% less Manual effort
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K3 Ventures
VC Fund · Singapore, Central Region, Singapore · 5 investments in Indonesia SaaS startups

K3 Ventures provides venture capital for technology startups in various sectors such as finance, education, healthcare, food and agriculture and others. The firm is headed by Kuok Meng Xiong.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Seed
  • Geography: Singapore, United States, Indonesia

Investor stats

  • Total investments: 93
  • Round size: Seed $1.2M–$20M; Series A $2M–$42M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Abound — Fintern is a lending startup looking to offer an AI-driven alternative to costly payday loans. It aims to expand access to low-cost personal credit by using the UK’s new Open Banking standard to analyze consumers’ historical bank statement data. Open Banking data allows us to build a granular view of customers’ financial circumstances, properlyunderstand their affordability, and place less reliance on credit reference agency scores.The company was founded in 2020 and is based in London, United Kingdom.
  • Taranis — Taranis offers cutting-edge crop & farm management software for precision agriculture. Increase efficiency and yield. Learn more now.
  • Validus — Validus Group is the largest SME lending platform in South East Asia, operating in several countries across the region.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 5 investments in Indonesia SaaS 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, Singapore

Investor stats

  • Total investments: 205
  • Round size: Seed $800k–$7M; Series A $1.5M–$20M; Series B $5.5M–$37M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Fastwork — Founded in 2015 by a group of engineers and entrepreneurs from Silicon Valley and New York, Fastwork is one of the largest professional freelancing platforms in Southeast Asia by number of users and projects completed.Fastwork started with a mission to improve the business and employment economies in Southeast Asia, by making it simple, quick,and cost-effective for all types of businesses to find and hire freelancers to accelerate their growth.More than 300,000 businesses across Southeast Asia use Fastwork for its 22,000 services ranging from graphic design, online & influencer marketing, data entry, to web & app development.Fastwork also helps freelancers collect payments, promote their services, manage their orders, exchange files and communicate with their clients anywhere, anytime.
  • viAct — viAct optimises construction safety, productivity and environmental compliance. Ensuring higher ESG preposition with AI. Offering services for construction industry of Asia & Europe & operational in China, Singapore, Japan, Australia, Vietnam, Indonesia and Hong Kong.
  • KICKS CREW — KicksCrew provides everyone globally with a trusted source and the widest selection of sneakers and streetwear needs. From Newest Drops, Classics, Rare collectibles to Sports Needs.
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Indonesia Women Empowerment Fund
VC Fund · 5 investments in Indonesia SaaS startups

Indonesia Women Empowerment Fund

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Investment focus

  • Industry: Food and Beverage, EdTech, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 7
  • Round size: Seed $560k–$900k
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Farmacare — Aplikasi apotek online untuk kasir dan inventori khusus Apotek dan Toko Obat. Buat urusan apotekmu #JadiLebihMudah
  • Shoplinks — Drive 30% more conversions for your shopping ads with ShopLinks.
  • TransTRACK — Manage your fleet more efficiently with advanced fleet management solutions. Monitor vehicles in real-time, reduce operational costs, and increase productivity!
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Alter Global
VC Fund · San Francisco, California, United States · 5 investments in Indonesia SaaS startups

Alter Global is a venture capital firm investing in early-stage startups within emerging markets such as Southeast Asia, Latin America, the Middle East and Africa. Since 2015, we’ve partnered with more than 40 exceptional ventures across 18 countries. We believe in the theory of individual change, supporting high-character founders who are buildingnot only their companies, but their communities and countries as well. We match our founders with talent, expertise, and investments from around the world.We're on a mission to create an unprecedented global network of the world's best tech founders - #ventureboldly and join us.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Brazil, Mexico

Investor stats

  • Total investments: 54
  • Round size: Seed $1.3M–$12M; Pre-Seed $1.3M–$6.5M; Series A $10M–$31M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Amenli — Amenli is the first licensed online insurance broker in Egypt.
  • Fly Media — Fly Media offers an AI-powered platform for automated video production and content adaptation driven by smart workflows. The platform helps creators and brands generate, edit, and localize media at scale, streamlining tasks like scene assembly, formatting, and repurposing across channels. Behind its “generated” media vision, the company maintains aseed-stage pitch room with a deck, business plan, and product videos available via its website.Fly Media emphasizes reducing manual overhead in content creation by applying AI to repetitive tasks and enabling teams to focus on high-level creative decisions.
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
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Gunung Sewu Group
VC Fund · Jakarta, Jakarta Raya, Indonesia · 5 investments in Indonesia SaaS startups

Over the years Gunung Sewu Group has thrived through visionary leadership recognizing unique growth opportunities, forecasting the evolution of new markets and consistently investing in and strengthening our core businesses.

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Investment focus

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

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • Segari — Segari operates as an online grocery company that offers fresh food products. The company was founded in 2020 and is headquartered in Jakarta, Jakarta Raya, Indonesia.
  • PrivyID — Privy for Personal provides secure, fast, and easy digital identity and signature solutions for all individuals.
  • HarukaEdu — BETA138 adalah situs slot gacor online dengan link gampang maxwin tahun ini 2025 yang menghadirkan peluang kemenangan lebih besar melalui pilihan game terbaik, fitur modern, bonus menguntungkan, serta pengalaman bermain yang aman dan nyaman setiap hari.
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Pavilion Capital
VC Fund · New York, New York, United States · 5 investments in Indonesia SaaS startups

Provides growth equity to market leading companies in the United States and China

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Investment focus

  • Industry: Biotechnology, Health Care, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Japan, Singapore

Investor stats

  • Total investments: 73
  • Round size: Series A $6M–$90M; Series B $18M–$723M; Series C $35M–$255M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

  • Rebellions — AI chip architects are often inattentive to advanced deep learning features and requirements because they believe software stacks between their silicon and algorithms can provide effective abstract layers. We disagree. We do not think such naively designed chips can efficiently utilize expensive custom silicon resources. The more native hardwaresupports are enabled, the higher performance is achieved.Rebellions Inc is building genuine AI accelerators by bi-directionally bridging the gap between underlying silicon architectures and deep learning algorithms. We push algorithm boundaries to better exploit silicon budgets, while re-architecting AI processors to incorporate sophisticated deep learning features through silicon-dedicated DL kernels.Our goal is to deliver a domain-specific AI processor along with its optimized software. This approach, together with our unique decentralized programming model, will enable customers to arm with the most powerful yet energy-efficient AI hardware as well as seamless integration.
  • Lhoopa — Making homeownership achievable for every Filipino family.
  • Fleet Space Technologies — Fleet is an agile, next generation connectivity company. Our mission is to Connect Everything using cutting-edge communications and space technologies to maximise the resource efficiency of human civilisation and enable the next industrial revolution with our free, ubiquitous connectivity platform.
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SaaS Investor funding in Indonesia at a glance

Stats across 71 deals from 90 investors.

90
investors
in Indonesia SaaS startups
71
deals
in Indonesia SaaS startups
$2.5M
median round
in Indonesia SaaS startups
43%
lead investors
lead at least one round
38%
Seed
most common funding stage
92/8
VC / Angel
share of investor count

Access all 90 investors in Indonesia SaaS startups.

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