Participated · Equity · Jul 2024

Lhoopa operates a technology platform that uses machine learning and AI to analyze listings, identify undervalued properties, and digitize bureaucratic workflows for brokers, contractors and other stakeholders. The company partners with local brokers and contractor groups rather than selling directly to end customers, providing dedicated apps for brokers and contractors to coordinate listings, work progress and payments. Lhoopa monitors around 9,000 areas across the Philippines and has sold over 2,500 affordable houses in more than 58 cities. The firm employs 95 people and works with roughly 5,000 agents and 100 contractor groups. Lhoopa plans to expand its customer base to include people without full-time employment (eg, gig workers) and aims to enter at least one other Southeast Asian country within the next 18 months. Management says the company is already profitable and will use new capital to grow real estate acquisition and construction operations.

Participated · Equity · Nov 2023

Jana Care develops a digitally connected point‑of‑care platform that enables real‑time testing using fingerstick blood samples at home for management of heart failure, chronic kidney disease and diabetes. The company is developing quantitative tests for NT‑proBNP, potassium and serum creatinine—biomarkers critical to managing kidney and heart disease patients. Jana Care says it will use the new funding to expand development of its quantitative blood testing platform. It has established a product development and production facility in Bangalore, India. The company is led by CEO Anh Hoang‑Lindsay and is based in Watertown, MA. Jana Care recently completed an initial closing of a $6M financing round.

Participated · Series A · Sep 2022

PortX offers a secure, scalable hub that unifies disparate banking systems, allowing financial institutions to modernize their infrastructure and accelerate growth. The platform leverages artificial intelligence to streamline data integration across core systems, fintech partners, applications, and payment rails. Used by banks and credit unions nationwide, PortX helps these institutions improve connectivity and operational efficiency. The company positions its solution as purpose-built for financial institutions, emphasizing rapid deployment and flexibility. By consolidating data and application interfaces, PortX enables faster innovation and expands partner ecosystems for its customers. Although the article does not disclose revenue, user counts, or profitability metrics, it notes continued backing from a roster of industry-focused investors, signaling confidence in the firm's market traction. Future plans were not explicitly stated, but the strategic capital infusion suggests ongoing platform development and customer expansion.

Led · Series A · Jun 2022

Mapan digitized the traditional Indonesian arisan (rotating savings and credit associations) into a digital product called Mapan Arisan, and also operates a marketplace (Mapan Mart) and a bills/payment feature (Mapan Pulsa). The service is focused on low-income users—mostly women—and enables groups to pay for goods and services instead of cash, with group sizes starting at five members. Mapan monetizes via the margin between its selling prices and supplier purchase prices and offers leader incentives and cashback through its Mitra Usaha Mapan (MUM) program. It currently claims more than three million members and about 250,000 MUM leaders, and is available in Java, Bali, Sumatera, Nusa Tenggara and Sulawesi. The company plans to expand into the rest of Indonesia and aims to make Mapan Arisan available to 10 million households by 2026. Mapan was founded in 2009 and recently appointed Ardelia Apti as CEO.

Participated · Series A · Jan 2022

Mio is a group-buying social commerce startup founded in 2020 that focuses on selling fresh produce and groceries in Tier 2 and 3 cities and rural areas of Vietnam. It routes produce directly from farms to customers via a vertically integrated supply chain — procurement, warehousing, order sorting and bulk delivery — and owns the majority of its logistics infrastructure and courier fleet. The company enables next-day delivery and says it can deliver fresh produce in less than 16 hours, which has driven higher customer retention. Mio sells through a reseller program called Mio Partners (often housewives and stay-at-home moms) who aggregate orders and earn commissions; the startup says partners can make up to $400 a month. Since TechCrunch last covered the company, Mio reported 10x gross merchandise value growth, a 10x increase in agents, grew its team from 60 to 240, and now fulfills more than 10,000 pieces of fresh produce per day across Ho Chi Minh, Thu Duc, Binh Duong, Dong Nai and Long An. The company plans to expand logistics and fulfillment, enter new Vietnamese provinces (including northern Vietnam) and add categories such as FMCG and household appliances, with potential international expansion considered later. Mio operates a social-commerce platform that recruits local resellers to market and manage group orders for fresh groceries in Vietnam’s smaller cities and rural areas. The company pairs that reseller network with an in-house logistics and fulfillment system, including a distribution center in Thu Duc, to enable next-day deliveries for orders placed before 8 p.m. Mio currently focuses on fresh produce and poultry and limits SKUs to lower logistics costs; it plans to expand into FMCG and household appliances, prioritizing higher-margin white-label goods. The startup claims hundreds of resellers (primarily women aged 25–35) and says resellers earn about $200–$300 on average, receiving a 10% commission plus additional referral-based commissions. Mio says its distribution center can process up to tens of thousands of daily order units. The company intends to use new funding to build out the distribution center and hire for its tech and product teams, and to add more personalization options so resellers can build their own brand identities.