Led · Series A · Nov 2021

Milieu Insight Pte. Ltd. announced a $5 million fundraising round. The articles do not describe the company’s core product, business model, future plans, or operating metrics. The round was announced on November 11, 2021 and was led by MassMutual Ventures Southeast Asia Pte. Ltd., a fund managed by MassMutual Ventures LLC. Other participants included OSK Ventures International Berhad, Genesis Alternative Ventures and several private investors. The articles do not disclose use of proceeds, instrument type, valuation, prior rounds, founding year, or location. Milieu Insight operates a mobile-first market research platform called Milieu Surveys and offers tools such as Milieu Portraits (consumer segmentation) and Milieu Studies (self-serve custom research). The company focuses exclusively on mobile data to capitalize on growing smartphone penetration across Southeast Asia. Its end-to-end platform connects a managed consumer panel with a SaaS interface to deliver profiling data on-demand and enable bespoke studies with results in hours. Milieu Insight has signed more than 45 clients and positions its pricing to be affordable, offering studies at price points as low as US$350. Competitors named in reporting include traditional research firms like Kantar and YouGov as well as Global Web Index. The startup says its product and automation allow it to serve smaller organisations that previously could not afford market research.

Led · Series A · Jun 2021

BondBloX, described in the article as BondEvalue, operates a distributed‑ledger‑technology (DLT) bond exchange designed to simplify bond investing by enabling electronic tracking and trading of bonds similar to equities. The platform’s core product is an electronic interface that lets investors monitor and transact in bonds. The company positions itself to make bond markets more accessible and stock‑like in terms of tradability and tracking. BondBloX announced a $6.0 million Series B financing, indicating a recent capital infusion. The article names participating investors but does not provide operating metrics, product roadmaps, or other financial details. BondEvalue is a Singapore-based fintech that operates a digital exchange for trading fractionalised bonds. The platform facilitates trading of fractionalised bonds via its digital exchange. The company announced it raised $6 million in a Series A funding round. The Series A was led by MassMutual Ventures Southeast Asia and Citigroup. The article did not disclose operating metrics, revenue, users, or specific future plans for the company.

Led · Series A · Aug 2020

See-Mode Technologies is a MedTech company based in Singapore and Australia that applies deep learning and computational modeling to medical images to help clinicians predict stroke and select optimal treatments. Its first product, AVA (Augmented Vascular Analysis), is commercially available and approved as a class B medical device by Singapore’s Health Sciences Authority, with CE and FDA approvals pending. The company is running clinical studies with major stroke centers and research institutes worldwide to build scientific evidence for its technology. See-Mode plans to use new funding to expand commercially into Europe and the United States in the coming year and to broaden partnerships with research institutions. It also intends to strengthen operations by at least doubling its team, hiring across product roles, and expanding R&D, engineering, sales, and business development capabilities. See-Mode was founded in 2017 by biomedical engineers Milad Mohammadzadeh and Sadaf Monajemi. The company’s core product is medical software that assists clinicians in interpreting ultrasound images and assessing patients’ blood flow patterns from CT scans or MRIs. It also enables detection of vulnerable plaques, a diagnostic capability previously inaccessible in many clinics. See-Mode counts the National University Hospital, Changi General Hospital, and the National Neuroscience Institute of Singapore as partners. The company plans to launch a clinical study with hospitals in the United States and Australia. Financially, See-Mode has just completed a seed financing round of US$1 million.

Participated · 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.

Participated · Series A · Apr 2020

Neat is a Hong Kong-based fintech that offers online business accounts in multiple currencies, cross-border payment capabilities, and corporate credit cards for startups and small businesses. The company enables customers to open accounts online, send and receive payments from different countries, and apply for corporate cards, and it already offers a Neat Mastercard. Neat has a strategic partnership with Visa and will begin issuing Visa credit cards to SMEs and startups in the coming months. The startup plans to launch tools for automated payroll, accounting and logistics in the future. It has expanded geographically with a Shenzhen office to serve Chinese export businesses and a London office for Western European companies that trade in China. The recent $11M Series A will be used for expansion focused on Southeast Asian customers that trade with European companies, bringing total funding to $16.5M. Neat offers quick access to prepaid Mastercard-based cards and basic banking services for startups and SMEs, charging around $7.50 per month and variable fees on incoming, outgoing and international payments. The company also provides a consumer option similar to Monzo, Starling and Revolut, but focuses primarily on business users. Neat claims customers in 100 countries and has introduced international payments; it is working on multi-currency solutions and integrations with third-party services such as accountancy tools. The business is earlier stage and has previously raised a $2 million seed round earlier this year. Neat pulled in $3 million in fresh funding to expand its product and reach. With the new backing it aims to target Chinese businesses seeking banking options in Hong Kong while competing with established incumbents. Neat is a challenger bank focused on business banking for early-stage startups and SMEs, offering business accounts and debit-based Neat Mastercards. The service enables companies that cannot get credit cards to pay bills, flights, hotels and subscriptions without using personal cards, and supports payroll, invoicing, receipt of funds and employee expense cards. More advanced features are planned, including detailed company reporting, automated accounts, multi-currency solutions and accountancy software integrations to widen global appeal. Neat began with a consumer service in Hong Kong but places heavy emphasis on its business product and global expansion. The company was founded in 2015 by David Rosa and Igor Wos and is based in Hong Kong, with customers in over 100 countries. Financially, Neat recently raised $2 million to develop its technology and increase marketing, with participation from Dymon Asia and Portag3 Ventures.