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The Venture Codex

Iterative

32 Pekin Street #05-01, Singapore, 048762

Overview

Iterative is an accelerator focused exclusively on Southeast Asia. Founded by cofounders of Decide.com (acquired by eBay), Iterative differentiates itself with partners, mentors, advisors, and investors who have all previously started, sold, and operated startups. Iterative's mission is to build the strongest and most supportive network in the region for early-stage founders.

Total investments
21
Lead investments
2
Investments · 12mo
7
Active investors
6
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Investment portfolio

  • Clouted

    Participated · Seed · May 2026

    Clouted builds infrastructure to handle both the creation and distribution strategy for short video clips by coordinating a network of more than 100,000 gig creators to edit content and applying AI to determine ideal platforms and target audiences. Its system runs thousands of experiments—described internally as similar to penetration testing—to identify clipping and distribution approaches that trigger viral performance, and it uses continuous testing loops so campaigns become progressively more targeted and effective. The founder, Justin Banusing, first applied the technology to promote &Friends, a Manila-based festival that now draws over 20,000 attendees. Clouted positions itself against automated clipping competitors like Overlap AI while aiming toward the larger enterprise marketing infrastructure market exemplified by players such as CreatorIQ and Hightouch. The company completed a16z’s Speedrun accelerator in 2024 and is scaling its platform and creator network following its seed raise.

  • Cata

    Participated · Seed · Apr 2026

    Cata provides a white-label SaaS platform that lets businesses deploy and manage branded consumer apps integrating mobile ordering, payments, loyalty programs, promotions, CRM, and data analytics. The platform is designed to shorten development time and investment, enabling clients to launch branded apps within days. Cata positions its product as bringing enterprise-grade digital capabilities—previously available to large global brands and delivery platforms—to smaller F&B and retail operators. The company plans to expand beyond F&B into retail and booking services as part of its growth strategy. Following an oversubscribed $5.3 million seed raise led by Portage, Cata intends to use the funds to further develop product features, including AI capabilities, and to support international expansion.

  • Endl

    Participated · Seed · Feb 2026

    Endl is a fintech platform building a full-stack financial operating system for globally distributed businesses, particularly those in emerging markets. Its core product bundles regulated banking rails, multi-currency (USD, EUR, CAD, GBP) accounts, stablecoin wallets, real-time foreign-exchange conversion, and international payouts into a single interface. The company’s Endl Corporate Cards let users spend directly from their global balances online or in-store, automatically converting fiat or stablecoins at the point of sale. By architecting its infrastructure around stablecoins rather than treating them as an add-on, Endl aims to reduce intermediaries, optimise liquidity, and deliver near-instant settlement while remaining fully compliant. Founders Ashita Batra (CEO) and Tejas Arun (CTO) draw on deep experience in banking and payments to offer enterprise-grade security and multi-blockchain support. With fresh capital, the team plans to enhance its card programme, roll out advanced payout tools, and deepen partnerships across Southeast Asia, the Middle East, and India. To date, Endl has secured USD 1.5 million in pre-seed funding and continues to invest heavily in regulatory infrastructure to support scalable growth.

  • Decube

    Participated · Equity · Jan 2026

    Decube builds a unified context layer that sits between an enterprise’s raw data systems and its AI or analytics applications, automatically capturing lineage, ownership, quality signals, and usage policies. By replacing fragmented metadata spreadsheets and manual documentation, the platform enables business and data leaders to understand where data originates, how it changes, and whether it can be trusted. The solution is already used by regulated organizations such as banks, telcos, and global corporates, including Indonesia’s PT Superbank. Following strong market pull, Decube plans to deepen its global footprint and accelerate expansion across the APAC region through new product capabilities, regional partnerships, and large-scale enterprise deployments. The company positions its offering as the missing foundation for moving AI projects from experimentation to production. Decube has now raised a cumulative USD 5 million, including the latest USD 3 million round, to fuel its growth initiatives.

  • SPUN

    Participated · Seed · Jan 2026

    Founded in 2024 by former LINE Indonesia colleagues Christa Sabathaly and Dilla Anindita, SPUN is building an AI-enabled platform that standardises and automates visa workflows for both individual consumers and B2B partners. The company already supports more than 300 visa types covering over 90 destination countries and has processed thousands of paid inbound and outbound visa applications with a 99 % approval rate in its first year. Its services are embedded in major regional travel platforms such as Klook, Traveloka, Tiket, and Nusatrip, and its B2B network exceeds 200 travel agents and resellers. By treating visas as a critical but underdeveloped layer of travel infrastructure, SPUN aims to become the regional system of record for cross-border mobility. The startup plans to use new capital to expand into additional Southeast Asian markets, deepen product automation, and tighten integrations with travel partners. All applications processed to date have been fully paid at market rates, underscoring early revenue traction alongside rapid user adoption.

Team