Participated · Seed · Jan 2023

StarStream is a reusable device that mounts on a toilet and directly analyzes urine samples, linking AI‑driven digital health analysis to a mobile app that notifies clinicians when issues are detected. The platform is described by CEO Alex Arevalos as "the world's first FDA‑registered service" and was developed as Starling Medical's second urinalysis product after an earlier catheter device. Starling completed a clinical trial with Stanford University to validate its prediction models and has been working on the technology for the past year. The company plans to expand detection to dozens of additional health disorders detectable in urine, including preeclampsia, diabetes‑related renal disease, and other conditions to reduce hospitalizations. Financially, Starling closed an initial $3.4M investment round and plans to use proceeds to hire engineers, build the device and software, and support hospital reimbursement workflows. The Houston‑based team has 10 employees and will roll the device out first with a Texas private clinic serving 200,000 urological patients. Starling Medical is developing an at-home urine diagnostic remote patient monitoring (RPM) platform that integrates into a user's bathroom routine. The system uses mass spectrometry–based sensors to monitor changes in a patient's urine over time. The company says its RPM service aims to lower hospitalization rates for chronic conditions such as recurrent urinary tract infections and diabetes. Starling emphasizes noninvasive, routine monitoring to inform care and early intervention. The announcement highlights backing from Y Combinator (YC W22) and thanks multiple institutional supporters and investors. The post focused on product and supporters rather than providing financial or operating metrics.

Led · Series A · Jun 2022

CNAI develops AI-enabled data synthesis and image-processing solutions, supplying high-quality labeled data to biomedical and IT customers. The company was founded in 2019 by Samsung Group and engineers from top engineering colleges. CNAI positions itself as an AI enabler aiming to realize a “With AI” society and be a go-to name for data and AI. Its core product offering centers on AI learning-driven image data synthesis and processing. CNAI recently completed a $4.1 million pre-Series A round, which it plans to use to support growth and international expansion. Through its investors, the company is preparing to expand services to Singapore and Indonesia.

Participated · Series A · Mar 2022

Founded in 2021 by Irvan Kolonas and Danny Handoko, AgriAku began as a B2B marketplace linking farmers, small and medium agri-retailers, and suppliers to farming products such as seeds, fertilisers, and pesticides. In recent months the company has narrowed its strategy away from the broader marketplace model toward concentrating on distribution and sale of agricultural inputs, particularly fertiliser products, to capture more predictable economics and demand visibility. AgriAku has undertaken organisational restructuring to support this shift, including reducing headcount by about 20–30% and changes impacting the sales team. Financially, the company has previously raised $35 million in a 2022 Series A and a $5 million extension that year, with total equity fundraising of $46 million reported. The latest convertible note financing of roughly $4–6 million is intended to extend runway as the company executes the business realignment. The company’s shareholder base includes Argor, Unruly Rebels, Alpha JWC Ventures, Irga Spring Corporation, Altrui Investment Management, and MDI Ventures’ funds, among others.

Participated · Series B · Jan 2022

BillEase operates a digital consumer finance app that uses machine learning and AI alongside traditional credit underwriting to build financial products. Its offerings include personal loans, e-wallet top-ups, prepaid load, gaming credits, bill payment, and a buy now, pay later (BNPL) product. The BNPL aggregates rates and deals from over 10,000 merchants and supports payments at over 600,000 QRPh-accepting merchants. Led by CEO Georg Steiger (with Huyen Nguyen as COO, Ritche Weekun as Director, and Garret Go as CFO), the company targets underserved and underbanked Filipinos. BillEase intends to use the new funding to expand operations and accelerate product development. The article does not disclose revenue or user metrics. BillEase began as a BNPL platform and has expanded into an inclusive mobile lifestyle application that provides consumer loans and helps build credit history for underserved customers. The company positions itself to serve largely unbanked populations in the Philippines by digitising credit and payments. BillEase plans to expand its consumer loan offerings and introduce tailored credit products to its growing user base. Financially, BillEase reported profitability in 2023 and doubled revenue year‑on‑year. In 2023 it served over 800,000 customers with a reported 47% return on equity, and the company says its user base has now surpassed 1 million. Management expects recent funding to support growth of its loan portfolio and more affordable financial services across the country. BillEase is a Philippines-based buy now, pay later provider operated by First Digital Finance Corporation that launched in 2017. Its platform is available at more than 500 merchants and via payment gateways such as Xendit, Paynamics, 2C2P, Dragonpay and BUX, and it also offers an app with personal loans and digital-wallet top-ups. BillEase differentiates by enabling customers to build formal credit records (it is a TransUnion member and part of the Credit Information Corporation) and by owning its credit, fraud and payments stack. The company says it can approve more than 90% of BNPL loans instantly and typically offers lower interest rates (~3.49%) versus competitors (7–12%). It targets the emerging middle class—largely Gen Z and millennials—about 80% of whom are new to the formal credit system, and it relies on alternative data (telecom, phone metadata, behavioral data) for underwriting. The team continuously refines credit models with A/B tests and product improvements.

Led · Series A · Apr 2020

Qoala is an insurtech platform that partners with local insurers and e-commerce firms to sell personalized, affordable insurance products—ranging from cars, motorcycles and property to personal accident, travel, health, phone-screen damage and ticket cancellation—via its website, app and offline agents. The company simplifies claims through image uploads and uses machine learning to detect fraud, and now handles up to 60% of claims internally. It leverages a large sales network (over 60,000 agents/marketers and more than 65,000 traditional offline agents reported) and is embedded in over 50 consumer-facing platforms and marketplaces. Qoala serves over 5 million customers, processed more than 115,000 claims and added 45,000 new users last year; gross written premiums have surged roughly 2.5x since 2022 and grew over 15x from 2020 to 2023. The startup operates in Indonesia, Malaysia, Thailand and Vietnam and is headquartered in Jakarta. Qoala plans to deploy new capital toward strategic acquisitions and partnerships and to "sprinkle" AI across its channels to drive further product and operational improvements. Qoala offers retail insurance products — including house, health, and car coverage — and microinsurance through partnerships with platforms like Traveloka, Shopee, Dana, JD.ID, Redbus, Kredivo and Investree. The company distributes policies via an omnichannel platform and a network of 75 insurers and 60,000 brokers, serving about 8 million customers. Qoala operates in Indonesia and also runs in Thailand and Malaysia. It has paid nearly $30 million in claims to date. The firm reports a positive contribution margin in Thailand and Indonesia and expects to reach profitability within three years. In 2021 Qoala acquired Thai startup FairDee and says it is prioritizing unit economics over near-term aggressive market expansion given the current economic climate. Qoala is an Indonesia-based insurtech startup. Regulatory filings show the company secured an additional $5.42 million as an extension to its Series B round. The article provides no details on the participating investors, valuation, use of proceeds, product specifics, or operating metrics. It also does not mention prior funding rounds or the company's founding year. Coverage focused solely on the regulatory filing disclosing the Series B extension. Qoala is a technology-focused insurtech that aims to socialize insurance through product development and machine learning–based claim processes. The company operates in Indonesia, Malaysia and Thailand, offering health, motor vehicle, property, personal accident and other protections via its app and website. Qoala supports distribution through a platform used by over 50,000 insurance marketers and integrates with more than 50 insurers to manage pre-sale and post-sale services. It also supplies micro-insurance products through partnerships with Traveloka, Redbus, DANA, JD.ID, Shopee, Kredivo and Investree. Led by CEO Harshet Lunani and COO Tommy Martin, the company plans to use new funding to accelerate business growth and expand operations. The business recently raised capital to support that expansion. Qoala is a Jakarta-based, one-year-old startup that offers personalized, small-ticket insurance products through partnerships with insurers and e-commerce and travel platforms. Its product lineup includes coverage for phone display damage, e-commerce logistics and hotel-quality checks, and customers can upload pictures to simplify claims. Qoala uses machine learning to detect fraudulent claims and improve underwriting. The company processes more than 2 million policies each month, up from 7,000 in March of the prior year, and employs about 150 people with plans to double headcount in a year. Qoala maintains partnerships with insurers such as AXA Mandiri, Tokio Marine and Great Eastern and distribution partners including Grabkios, JD.ID, Shopee, Tokopedia, PegiPegi and RedBus. The startup says it is working on expanding its product set to include health and peer-to-peer insurance categories. Its distribution- and ML-driven approach aims to make insurance more accessible and affordable for Indonesian consumers.