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The Venture Codex

Overview

Private equity firm investing in management buy-outs and corporate growth.

Founded

1999

Deals · 12mo

0

Stage focus

Series A
Series C

Geographic focus

India
Indonesia
Singapore
South Korea
...

Sector focus

Financial Services
Impact Investing
Venture Capital

Investment portfolio

12rounds
NAMEDATESIZE
H2
Jan 2025Led
$16 MOther Equity
PineTree Therapeutics
Jul 2024Led
$17 MSeries A
Zeno Health
Mar 2024Led
$25 MSeries C
Virtual Internships
Sep 2022Participated
$14 MSeries A
Carrot General Insurance
Sep 2022Participated
$250 MOther Equity
RSQUARE
Nov 2021Led
$72 MSeries C
Tiki
Nov 2021Participated
$258 MSeries E
Carousell Group
Sep 2021Led
$100 MOther Equity
HappyFresh
Jul 2021Participated
$65 MSeries D
Carrot
Jul 2021Participated
$88 MOther Equity
CoHive
Jun 2018Participated
$20 MSeries A
PlaySpan
Nov 2008Participated
$17 MSeries B
H2
Jan 2025Led
$16 MOther Equity
PineTree Therapeutics
Jul 2024Led
$17 MSeries A
Zeno Health
Mar 2024Led
$25 MSeries C
Virtual Internships
Sep 2022Participated
$14 MSeries A
Carrot General Insurance
Sep 2022Participated
$250 MOther Equity
RSQUARE
Nov 2021Led
$72 MSeries C
Tiki
Nov 2021Participated
$258 MSeries E
Carousell Group
Sep 2021Led
$100 MOther Equity
HappyFresh
Jul 2021Participated
$65 MSeries D
Carrot
Jul 2021Participated
$88 MOther Equity
CoHive
Jun 2018Participated
$20 MSeries A
PlaySpan
Nov 2008Participated
$17 MSeries B
12
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Insights

Time horizon

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Deal Distribution

STIC Investments: 12 funding rounds are recorded in the selected participation categories.All available history.
STIC Investments: 12 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A12
Series B01
Series C+22
Other Equity22

Monthly Deal Activity

STIC Investments: 12 deals are recorded across 216 months.All available history.
STIC Investments: 12 deals are recorded across 216 months. All available history
MonthDeals
Nov '081
Dec '080
Jan '090
Feb '090
Mar '090
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '212
Aug '210
Sep '211
Oct '210
Nov '212
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '222
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

STIC Investments: Enterprise Software is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

STIC Investments: Enterprise Software is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Enterprise Software3
E-Commerce & Retail3
Real Estate & Construction3
Fintech2
Health & Life Sciences2
Social & Community Platforms1
Developer Tools1
Networks, Cloud & Communication1
Education & Workforce1
Marketing & Advertising1
Food & Agriculture1
Professional Services1
Clean Energy & Sustainability1

Deal Size Distribution

STIC Investments: 12 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

STIC Investments: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M5
$25M-$50M1
$50M-$100M3
$100M-$250M1
$250M-$500M2
$500M-$1B0
$1B+0

Deals By Geography

STIC Investments: South Korea has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

STIC Investments: South Korea has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
South Korea3
United States3
Indonesia2
Europe1
Vietnam1
Singapore1
India1
STIC Investments: 20 co-investors are shown, with Altos Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

STIC Investments: Led accounts for 42% and participating for 58% of round participation.All available history.
STIC Investments: Led accounts for 42% and participating for 58% of round participation. All available history
CategoryDeals (count)Share (%)
Led542%
Participating758%
STIC Investments: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
STIC Investments: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Daniel Lee

Managing Partner, Head of Growth Capital, Growth Capital / Partners Committee

Jong Ha Bae

Operating Partner

Kang Shin-woo

Operating Partner

YEE In Chan

Operating Partner