Participated · Series C · Sep 2021

Homage operates a caregiving platform offering home visits from caregivers, nurses, therapists and doctors, plus telemedicine and services for chronic illnesses. Its platform uses a matching engine to help clients find providers best suited to their needs, with final matches made by Homage’s team. The company now has a regional network of more than 6,000 prescreened and trained care professionals. Homage says its business outside Singapore grew more than 600% year‑over‑year in 2021 and that it has more than tripled revenue over the past year. The new funding will be used to develop Homage’s technology, deepen integration with aged and disability care payer and provider infrastructure, and accelerate regional expansion through partnerships with hospitals and care providers. A Sheares Healthcare Group executive will join Homage’s board as part of the deal. Homage is a Singapore-based caregiving and telehealth company focused on patients who need long-term rehabilitation or care services, especially elderly people. Its core products include a caregiver-client matching platform and a home medical service that offers online consultations and house calls. The company currently operates in Singapore and Malaysia and is pursuing expansion into new Asian markets. Homage raised a Series B earlier this year to support its regional growth plans. Through a strategic investment and partnership with Infocom, Homage aims to launch services into Japan and help address the country’s caregiver shortage. Infocom’s technology footprint—used by more than 13,000 healthcare facilities in Japan—is intended to accelerate Homage’s regional expansion. Homage operates a tech-enabled caregiving marketplace that matches pre-screened, competency-assessed caregivers with families and care organisations. Its platform includes about 2,000 caregivers and supports elderly care plus rehabilitation services such as physiotherapy, speech and occupational therapy. Homage’s screening goes beyond interviews and background checks: it works with nurses to assess hands-on skills and encodes granular mobility and transfer technique data into a matching engine. The product also offers compliance tools and administrative features to help providers manage bookings, demand fluctuations and staff breaks to reduce burnout. Launched in 2016, Homage currently operates in Singapore and Malaysia and plans to expand into five more countries over the next two years. The company plans to use new funding to grow its caregiver base, provide training, and roll out new services including a medical delivery service. Homage is a Singapore-based startup that connects caregivers, organizations and care recipients through an on-demand platform. Founded in 2016 by Gillian Tee, Lily Phang and Tong Duong, the company offers six apps — two for caregivers, two for family members and two for partners such as NGOs and care agencies. It began focused on eldercare and has expanded into physiotherapy, speech and occupational therapy for post-stroke discharge. Homage emphasizes personalized one-on-one, often non-medical, support to help people remain mobile and live with dignity as they age. The company raised $4.15M in its latest funding and previously raised $1.2M a year earlier. Homage plans to use the new capital to push into other verticals and is exploring expansion into one other APAC market while continuing to focus on Singapore. Homage operates an asset-light platform that matches vetted, qualified caregivers with elderly clients for on-demand or regular scheduled in-home services. The company recruits and vets caregivers who must hold relevant qualifications and assigns the right caregiver based on seniors' needs or family requests. Homage aims to widen the pool of healthcare workers and to improve conditions compared with traditional employment agencies. The service went live in Singapore after launching in May 2016 and was founded by Gillian Tee with Lily Phang and Tong Duong. Financially, Homage has just closed a $1.2M seed round. The startup is initially focused on Singapore but is considering expansion to one other Southeast Asian country within the next two years.

Participated · Seed · Nov 2020

Kyklo builds e-commerce stores and catalog infrastructure for wholesale distributors of electrical and automation products, addressing large SKU counts and accuracy requirements. The company uses standardized data structures and automation scripts to speed a largely manual onboarding process, enabling stores to launch within 30 days and sometimes in as little as two weeks. Kyklo has created a catalog of more than 2.5 million products for over 35 distributors and is endorsed by manufacturers including Schneider Electric, Wago, Festo US and Mitsubishi Electric Automation. The founders, Remi Ducrocq (CEO) and Fabien Legouic (CTO), draw on experience at Schneider Electric and emphasize that full automation is not feasible given unstructured source data. Customers report material impact after launching with Kyklo—IEC Supply saw online sales rise 500% in the first six months and new customer interactions tripled. The company positions itself to digitize a large share of the $640 billion electrical, industrial and automation distribution industry that still relies on PDF catalogs and manual sales processes.

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 · Dec 2019

Neuron Mobility operates a shared e-scooter service and builds its own hardware, software and IoT systems rather than buying scooters off the shelf. The company, founded in 2016, runs services in 26 cities across Australia, New Zealand, South Korea, the U.K. and Canada, with sizable market dominance in Australia where it is present in every capital city. Neuron has developed proprietary technologies including an in-house ADAS "e-scooter brain" that detects and corrects unsafe riding behavior; that system is being trialed on 1,500 scooters in Australia, Canada and the U.K. The company said it will use new capital to invest in its proprietary technology and accelerate rollout of the e-scooter brain in more cities. Neuron’s expansion strategy focuses on regulated markets and pursuing exclusive or semi-exclusive operator relationships rather than competing in multi-operator, 'free-for-all' cities. Neuron Mobility operates a rental e-scooter business with scooters designed for sharing (swappable batteries, geofencing and a Helmet Lock feature). The company is present in nine locations including Auckland and several Australian cities and says it is the leading electric scooter rental operator in Australia and New Zealand. Usage metrics during COVID-19 show average trip distances up 23% to 2.6 km and average ride durations up 10% to more than 14 minutes. Pricing varies by market (example: Brisbane charges A$1 to start and A$0.38 per minute) and its scooters can reach about 25 km/h (15.5 mph). Neuron plans to expand into five new cities over the next 12 months, hire about 400 people across Australia, New Zealand and Singapore, and launch its first UK location in Slough by year-end. The company says the pandemic has fast-tracked adoption of micromobility and is accelerating its rollout accordingly. Neuron Mobility operates an eponymous e-scooter rental platform that has expanded from Singapore into cities in Malaysia, Thailand, Australia and New Zealand. Its scooters are designed by the company, produced by a Chinese manufacturer, have swappable batteries, can travel up to 60 kilometres on a single charge and reach speeds of up to 25 km/h with automatic slow-downs in sensitive areas. Riders can end trips at parking stations or any suitable location, and Neuron uses local battery-swapping teams to maintain operations. The company halted its Singapore service amid recent regulatory changes there but retains teams in the country while focusing on other markets. Neuron plans to use new capital to deepen its footprint in existing markets, explore new markets and build additional mobility categories. The startup has raised roughly $23.5 million to date. Neuron Mobility operates dockless electric scooters, deploying fleets for short urban trips and integrating geofencing to enforce parking rules. The company raised a SG$5 million (US$3.7 million) seed round to explore overseas growth and has been operating in Singapore since last year. At its peak Neuron ran around 1,000 scooters in Singapore; the fleet has been reduced to a few hundred while the startup awaits new local regulation. Neuron has begun regional expansion with deployments in Bangkok and Chiang Mai and plans to enter Malaysia before year-end, with wider Southeast Asia and Australia-like cities targeted later. The company is developing a bespoke "next-gen" scooter and plans a "ride responsibility" safety campaign. It charges a US$5 fee for improper parking detected by geofencing to cover repositioning costs and expects to raise another funding round possibly in the first half of 2019.

Led · Seed · Feb 2019

BlockPunk is a Singapore-based company that operates a decentralised marketplace for anime, film and TV. Its core product is a decentralised marketplace focused on anime, film and television content. The company raised $1 million (S$1.3 million) in a seed round. That seed round was led by SeedPlus. The article does not disclose operating metrics or future plans.