About Eight Mercatus
Eight Mercatus, an accelerator and incubator program founded in 2018, is based in Singapore. With a presence in 11 countries, it has supported around 42 startups in sectors like Enterprise Applications, HealthTech. As of Jul 2026, Eight Mercatus has witnessed 5 portfolio exits. Most notable companies in
its portfolio include Cardiotrack, Mighty Jaxx and FlexM. The program is backed by a team of 5 people who primarily support Seed startups based in Singapore. Its latest investment was a $1.5M Seed round in omnisPAY on Feb 24, 2025.
Key Metrics
Founded Year
2018
Location
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Angel
Eight Mercatus' List of Top Investments
Eight Mercatus has a portfolio of 42 companies. Their most notable investments are in Micropoint Technologies and omnisPAY.Their portfolio spans across Singapore, India, United States and 8 more locations. They have invested in Enterprise Applications, HealthTech, Life Sciences and 13 other sectors, across stages such as Seed, Angel stages. Here is the list of top investments by Eight Mercatus:1. Cardiotrack
Provider of an AI‑enabled cardiac diagnostics and preventive screening services. The platform automates health screenings, offering complex tests. It focuses on faster closures and fewer discrepancies. The platform delivers an end-to-end automated process.
Key facts about Cardiotrack
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: $0 - $1M as on Mar 31, 2022
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.9M
- Employee Count: 44 as on May 31, 2026
- Investors: LetsVenture, CCube Angels and 12 Others
- Latest Funding Round: Seed, Mar 04, 2024, $*****
- Highlight: Editors' Pick
2. Mighty Jaxx
Mighty Jaxx is a designer toy brand which produces independent toys and figurines in Shanghai, China. They have warehouses in China and Singapore. They work in collaboration with artists across the world. They design, 3D print, retail and distribute each toy. They have also listed their products on their website.
Key facts about Mighty Jaxx
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: £0 - £1M as on Apr 30, 2022
- Stage: Series A
- Total Funding till date: $45.8M
- Employee Count: 108 as on May 31, 2026
- Investors: Greycroft, East Ventures and 15 Others
- Latest Funding Round: Series A, May 23, 2024, $*****
- Highlight: Editors' Pick
3. FlexM
Modular platform for banking, payments, remittance, and compliance. It offers pre-built components designed for digital banking, money transfer, and payment embedding. It also provides tools for regulatory compliance management. The platform’s architecture allows users to select features across different products. It offers APIs to facilitate application development and solution building.
Key facts about FlexM
- Founded Year: 2014
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $13.4M
- Employee Count: 148 as on May 31, 2026
- Investors: Eight Mercatus, MatchMove and 21 Others
- Latest Funding Round: Series A, Oct 10, 2025, $*****
- Highlight: Editors' Pick
Producer of medical-grade collagen, health supplements, and food ingredients. The company has a patented method to extract collagen from sheep. It is developing methods for nano and liposome encapsulating Ovine collagen. The company is also producing natural health supplements and food ingredients.
Key facts about Holista CollTech
- Founded Year: 2000
- Location: Sydney (Australia)
- Stage: Public
- Employee Count: 41 as on Aug 10, 2023
- Investors: Eight Mercatus, FirstFloor Capital and 1 Other
- Highlight: Public
5. Attune
Cloud based platform offering healthcare information systems and laboratory information systems along with web based solutions for clinic chains. The product is currently used in hospitals, labs, imaging centers, daycare centers, dialysis centers, and clinics. Its products HealthKernel, LabKernel, and ClinicKernel provide hospitals, labs, and clinics with an integrated service for scheduling, billing, workflow management, patient data management, and others.
Key facts about Attune
- Founded Year: 2008
- Location: Singapore (Singapore)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Stage: Series B
- Total Funding till date: $17M
- Employee Count: 202 as on May 31, 2026
- Investors: Innoven Capital, Majuven and 17 Others
- Latest Funding Round: Series B, Oct 08, 2015, $*****
- Highlight: Editors' Pick
Eight Mercatus' Year-on-Year Investment Trends
Eight Mercatus has invested in 42 companies over the last 17 years, with an average of 0 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in omnisPAY and most recent follow-on round was in DIAllium.Eight Mercatus' Investments by Stage
Eight Mercatus has made 5 investments in Seed stage with an average round size of $934K and 3 investments in Angel stage with an average round size of $505K.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Angel | 3 |
Note: We have considered here, only first round of investments
Eight Mercatus' Investments by Sector
Eight Mercatus has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, High Tech and Life Sciences. Notably, it has invested in 31 Tech companies, 26 Enterprise (B2B) companies, 21 Software companies and at least 16 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 4 |
Retail | 3 |
Enterprise Applications | 2 |
High Tech | 2 |
Life Sciences | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
Eight Mercatus' Investments by Geography
Eight Mercatus has made most investments in India (3), followed by Singapore where it has made 3 investments.Country | No. of Investments |
|---|---|
India | 3 |
Singapore | 3 |
Finland | 1 |
United Arab Emirates | 1 |
Note: We have considered here, only first round of investments
Eight Mercatus' recent investments
Eight Mercatus has not made any investment in 2026 so far.Here are the most recent investments by Eight Mercatus:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 24, 2025 | United Arab Emirates | Seed | 6452 | - | |
Jul 02, 2019 | Singapore | Seed | 7078 | [+1] | |
Oct 21, 2015 | Singapore | Angel | 8940 | - | |
Sep 23, 2015 | India | Seed | 4044 | - | |
Sep 09, 2015 | India | Angel | 5165 | - |
IPOs and Publicly Listed companies in Eight Mercatus' Portfolio
1 of Eight Mercatus' portfolio company became public - Holista CollTech. It got listed on the Australian Securities Exchange (ASX), in Feb 2004.Here are Eight Mercatus' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 26, 2004 | - | - | 2931 |
Acquired companies in Eight Mercatus' Portfolio
4 companies from Eight Mercatus' portfolio have been acquired. The most recent acquisition was Medtech Global in Feb 2025 by Banyan Software for $*****.Here are Eight Mercatus' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 20, 2025 | - | - | 6362 | |
Mar 03, 2020 | - | - | 1808 | |
May 27, 2016 | - | - | 6514 | |
Nov 19, 2014 | - | - | 8185 |
Team profile of Eight Mercatus
Eight Mercatus has a team of 5 members including 4 Partners located in Singapore and India. Eight Mercatus' team does not sit on the board of any company as of now.Here is a list of all team members in Eight Mercatus:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | - | - | - | |
Partner | Mumbai | - |
Co-investors of Eight Mercatus
Over the past 17 years, 16 investors have co-invested in Eight Mercatus's portfolio companies. This includes funds and angels.
- Invested before Eight Mercatus: National Research Foundation and TLabs have invested in rounds before Eight Mercatus. There is 1 company where National Research Foundation has invested before Eight Mercatus and 1 company where TLabs has invested before Eight Mercatus.
- Top Co-investors of Eight Mercatus: 3 investors entered a company along with Eight Mercatus. These include investors like GC Tracker (1 company).
- Invested after Eight Mercatus: A total of 11 investors have invested in Eight Mercatus's portfolio after their investments. Top Investors include Frontline Strategy (1 company) and NetApp Excellerator (1 company).
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