About East Ventures
East Ventures is a venture capital firm founded in 2009. It is primarily based out of Tokyo, Japan. As of Aug 2026, East Ventures is an active investor, having invested in 526 companies, with 16 new investments in the last 12 months. It primarily invests in Seed round in Indonesia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series B round of Waresix Overall, East Ventures portfolio has seen 9 unicorns, 21 IPOs and 46 acquisitions including key companies like Mercari, Traveloka and Xendit. A lot of funds co-invest with East Ventures, with names like SMDV sharing a substantial percentage of its portfolio. East Ventures has team of 41 people including 10 partners.Key Metrics
East Ventures' List of Top Investments
East Ventures has a portfolio of 526 companies, including 9 unicorns. Their most notable investments are in LOVERSE and Mighty Jaxx.Their portfolio spans across Indonesia, Japan, Singapore and 16 more locations. They have invested in Enterprise Applications, Consumer, Retail and 36 other sectors, across stages such as Seed, Series A and 7 more. Here is the list of top investments by East Ventures:
1. Mercari
Online marketplace platform for used multi-category products. The platform allows users to buy and sell products from different categories like fashion, beauty, sports, electronics, books, pet supplies, art supplies, home decor, office supplies, and more. The mobile application is available for Android and iOS users.
Key facts about Mercari
- Founded Year: 2013
- Location: Minato City (Japan)
- Stage: Public
- Total Funding till date: $114M
- Employee Count: 1,782 as on May 31, 2026
- Investors: World Innovation Lab, Sumitomo Mitsui Trust Bank and 10 Others
- Latest Funding Round: Post IPO, Oct 12, 2020, $*****
- Highlight: Public
2. Traveloka
Online retailer of worldwide flights, hotels, activities, and travel deals. It provides a platform for booking accommodations, transportation, and various activities. The platform offers options for flights, hotel stays, car rentals, and airport transfers. It also features travel articles and information.
Key facts about Traveloka
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: $50M - $100M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.02B
- Employee Count: 3,304 as on May 31, 2026
- Investors: GIC, EDBI and 15 Others
- Latest Funding Round: Conventional Debt, Sep 29, 2022, $*****
- Highlight: Editors' Pick
3. Xendit
Online payment and money transfer platform for businesses. The company serves commerce startups to large enterprises enabling businesses to accept payments, disburse payroll, run marketplaces, and more. Payments can be accepted via multiple channels including direct debit, virtual accounts, credit and debit cards, e-wallets, retail outlets, online installments, and more. Application is made available on Android and iOS platforms.
Key facts about Xendit
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $554M
- Employee Count: 631 as on Jun 30, 2026
- Investors: Toba Capital, LionRock Capital and 28 Others
- Latest Funding Round: Series D, Sep 07, 2022, $*****
- Highlight: Editors' Pick
4. ShopBack
Online platform providing cashback rewards, coupons, and promo codes for purchases. It allows users to earn money back on shopping, travel bookings, and game play. Users can withdraw earnings to their accounts. The platform offers notifications for deals and automatic application of coupon codes.
Key facts about ShopBack
- Founded Year: 2014
- Location: Singapore (Singapore)
- Annual Revenue: SGD 100M - 500M as on Mar 31, 2024
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $350M
- Employee Count: 939 as on May 31, 2026
- Investors: EDBI, Temasek and 41 Others
- Latest Funding Round: Series F, Dec 08, 2022, $*****
- Highlight: Editors' Pick
Chain of limited service restaurant serving coffee. It offers a variety of flavors, including avocado & marie regal coffee, salted caramel macchiato, and fruity series. It also provides other items like bread, fried chicken, and cookies.
Key facts about Kopi Kenangan
East Ventures' Year-on-Year Investment Trends
East Ventures has invested in 526 companies over the last 16 years, with an average of 31 new investments annually in the last 10 years. In 2025, it made 35 investments, while as of Aug 2026, it has made 10 investments in this year. Its most recent first time investment was in LinqAlpha and most recent follow-on round was in Waresix.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 1 | 10 |
2025 | 30 | 5 | 35 |
2024 | 18 | 8 | 26 |
2023 | 40 | 14 | 54 |
2022 | 71 | 20 | 91 |
2021 | 42 | 26 | 68 |
2020 | 27 | 11 | 38 |
2019 | 27 | 18 | 45 |
2018 | 20 | 10 | 30 |
2017 | 17 | 14 | 31 |
East Ventures' Investments by Stage
East Ventures has made 352 investments in Seed stage with an average round size of $2.08M, 60 investments in Series A stage with an average round size of $8.88M and 13 investments in Series B stage with an average round size of $13.4M.Stage of entry | No. of Investments |
|---|---|
Seed | 352 |
Series A | 60 |
Series B | 13 |
Series C | 4 |
Angel | 3 |
Others | 4 |
Note: We have considered here, only first round of investments
East Ventures' Investments by Sector
East Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and High Tech. Notably, it has invested in 394 Tech companies, 250 Consumer (B2C) companies, 246 Enterprise (B2B) companies and at least 199 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 137 |
Consumer | 133 |
FinTech | 60 |
Retail | 60 |
High Tech | 41 |
Others | 421 |
Note: We have considered here, only first round of investments
East Ventures' Investments by Geography
East Ventures has made most investments in Indonesia (152), followed by Japan where it has made 147 investments.Country | No. of Investments |
|---|---|
Indonesia | 152 |
Japan | 147 |
Singapore | 57 |
United States | 27 |
Vietnam | 9 |
Others | 42 |
Note: We have considered here, only first round of investments
East Ventures' recent investments
East Ventures has made 10 investments in 2026 so far. Waresix and LinqAlpha are the latest among them.Here are the most recent investments by East Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 10, 2026 | Indonesia | Series B | 9636 | [+1] | |
Jul 02, 2026 | United States | Series A | 7020 | [+11] | |
Jul 01, 2026 | - | Seed | 3251 | ||
May 27, 2026 | Japan | Seed | 1784 | - | |
May 21, 2026 | Japan | Seed | 2976 | [+1] |
Unicorns in East Ventures' Portfolio
East Ventures has 9 unicorns in its portfolio - ShopBack, Omise, Kopi Kenangan and others. The most recent unicorn in their portfolio is ShopBack. It became a unicorn in 2026, 10 years after East Ventures first invested in it.Here is a list of unicorns in East Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Online platform providing cashback rewards, coupons, and promo codes for purchases | 2014 | Singapore | Series F | unsfybm | ||
71 | Provider of payment solutions and processing technology for businesses and platforms | 2013 | Bangkok | Series C | ypyivme | ||
77 | Chain of limited service restaurant serving coffee | 2017 | Jakarta | Series C | zxuyw{o | ||
83 | Online payment and money transfer platform for businesses | 2015 | Jakarta | Series D | nam{rhy | ||
77 | Developer of blockchain-based platform building crypto-financial infrastructure | 2014 | Montreal | Series C | zkzsjzc |
IPOs and Publicly Listed companies in East Ventures' Portfolio
21 of East Ventures' portfolio companies have become public. Foundation Healthcare got listed on the Singapore stock exchange. ( SGX), in Jul 2026 at marketcap of $188M and Fore Coffee got listed on the Indonesia Stock Exchange (IDX) at marketcap of $103M.Here are East Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 08, 2026 | - | - | 7210 | |
Apr 14, 2025 | Sep 20, 2018 | Seed | 9991 | |
Feb 20, 2025 | Jul 02, 2014 | Series A | 3903 | |
Dec 19, 2024 | Jul 2014 | Seed | 3554 | |
Oct 11, 2024 | - | - | 6899 |
Acquired companies in East Ventures' Portfolio
46 companies from East Ventures' portfolio have been acquired. The most recent acquisition was Sociolla in Dec 2025 by General Atlantic for $*****.Here are East Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 23, 2025 | 2015 | Seed | 8662 | |
Aug 28, 2025 | Dec 01, 2020 | Seed | 3209 | |
Jun 21, 2024 | Oct 08, 2015 | Seed | 8519 | |
Apr 16, 2024 | Sep 17, 2024 | Seed | 3398 | |
Dec 11, 2023 | Mar 25, 2010 | Series A | 6534 |
Team profile of East Ventures
East Ventures has a team of 41 members including 10 Partners, 1 Venture Partner and 7 Principals located in Singapore, Indonesia and 1 more location. East Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in East Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tokyo | - | ||
Partner | Japan | - | ||
Partner | Jakarta | - | ||
Partner | Singapore | - | ||
Partner | Jakarta | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Minato | - | ||
Partner | Singapore | - | ||
Venture Partner | Indonesia | - |
Co-investors of East Ventures
Over the past 16 years, 1588 investors have co-invested in East Ventures's portfolio companies. This includes funds and angels.
- Invested before East Ventures: 500 Global, Golden Gate Ventures and 316 others have invested in rounds before East Ventures. There are 14 companies where 500 Global has invested before East Ventures and 6 companies where Golden Gate Ventures has invested before East Ventures.
- Top Co-investors of East Ventures: 592 investors entered a company along with East Ventures. These include investors like SMDV (14 companies).
- Invested after East Ventures: A total of 678 investors have invested in East Ventures's portfolio after their investments. Top Investors include Global Brain (11 companies), SMDV (11 companies) and SBI Investment (9 companies).
Recent News related to East Ventures
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LEAN PATH Raises Seed Funding for Supply Chain OptimizationTHE BRIDGE•Mar 25, 2026•United Ventures, East Ventures, Lean Path
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Riddelta, provider of SE Asia-focused M&A database, raises 120M yenStartup Log•Mar 05, 2026•Luatsu, G-Startup Worldwide, ANRI, East Ventures
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UNCHAIN Raises 35M Yen in Pre-Seed RoundStartup Log•Feb 25, 2026•Anobaka, Unchained Labs, East Ventures
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Kick Space Technologies Raises Approximately JPY 60 MillionStartup Log•Feb 25, 2026•HERO Impact Capital, East Ventures, Kickspacetech
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Chronoter raises pre-seed funding for AI-era team knowledge management platformTHE BRIDGE•Dec 09, 2025•East Ventures, Chronoter
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CORE Inc. raises seed round for community SNS "CORE" for working womenStartup Log•Nov 11, 2025•Anobaka, East Ventures, COLOPL, CoreInc and 2 others
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Qapita raises $26.5 million in Series B round for unlisted companiesStartup Log•Oct 09, 2025•Qapita, Vulcan, Citi, Charles Schwab and 4 others
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