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About Surge

Surge, an accelerator and incubator program founded in 2019, is based in Singapore, Singapore. With a presence in 13 countries, it has supported around 198 startups in sectors like Enterprise Applications, High Tech. As of Sep 2026, Surge has 2 unicorns under its belt and has witnessed 14 portfolio exits. Most notable companies in its portfolio include Cult.fit, Seekho and Log9. The program is backed by a team of 13 people who primarily support Seed startups based in India. Its latest investment was a $2.5M Seed round in Companion Labs on Nov 04, 2025, which also saw participation from All In Capital and DeVC.
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 2 more
Locations of Investment
Unicorn in Portfolio

Surge's List of Top Investments

Surge has a portfolio of 198 companies, including 2 unicorns. Their most notable investments are in Bamboobox and Meragi.Their portfolio spans across India, United States, Singapore and 10 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 29 other sectors, across stages such as Seed, Series A  and 2 more. Here is the list of top investments by Surge:
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts. It offers various membership tiers providing access to different combinations of in-person and virtual fitness options. These options include group fitness classes led by trainers, access to gyms with varying levels of equipment and amenities, and live at-home workout sessions. Memberships also incorporate access to sports activities such as badminton and swimming. The company also provides coaching programs focused on weight loss and wellness resources. The offerings aim to create a holistic fitness experience.

Key facts about Cult.fit

  • Founded Year: 2016
  • Location: Bengaluru (India)
  • Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series G
  • Total Funding till date: $714M
  • Employee Count: 1,832 as on Apr 30, 2025
  • Investors: Chiratae Ventures, Temasek and 100 Others
  • Latest Funding Round: Series G, Mar 17, 2026, $*****
  • Highlight: Editors' Pick
Provider of short educational videos covering technology business and finance. The platform hosts content across multiple categories including career development, personal growth, and wellness. Users access instructional material created by mentors to acquire practical skills. The service offers subscription options for ad-free viewing and unlimited access to the video library.

Key facts about Seekho

  • Founded Year: 2020
  • Location: Bengaluru (India)
  • Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series B
  • Total Funding till date: $42.3M
  • Employee Count: 116 as on May 31, 2026
  • Investors: Elevation Capital, Lightspeed and 39 Others
  • Latest Funding Round: Series B, Aug 29, 2025, $*****
  • Highlight: Editors' Pick

3. Log9

Online platform offering advanced battery technology solutions for electric vehicles. It is an innovative nanotechnology company specializing in the production of graphene based materials and the development of advanced battery solutions.

Key facts about Log9

  • Founded Year: 2015
  • Location: Bengaluru (India)
  • Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
  • Valuation: $*****
  • Stage: Series B
  • Total Funding till date: $90.3M
  • Employee Count: 256 as on Aug 31, 2026
  • Investors: Innoven Capital, Trifecta Capital and 79 Others
  • Latest Funding Round: Angel, May 10, 2024, $*****
  • Highlight: Editors' Pick
Developer of an artificial intelligence platform for video creation and editing. The platform provides tools for generating videos from text prompts, images, and other media. It offers features such as AI avatars, voice cloning, video translation, and subtitle generation. The platform also includes an online video editor, video collage maker, and tools for adding music and text to videos.

Key facts about Invideo

Developer of AI-driven data governance and metadata management platform. The platform integrates metadata intelligence, automation, and an extensive connector framework to unify, catalog, and govern data across enterprise environments. It provides self-service data discovery, cross-system lineage at the column level, and personalized data experiences to enable data democratization. The solution supports no-code connectors and a centralized control plane to manage data and AI stacks seamlessly. Designed for large enterprises, it helps teams define data meaning, understand data lineage, manage data quality, and ensure compliance with AI regulations. The platform also offers AI-powered governance studios, data quality tools, and enables integration with AI assistants

Key facts about Atlan

  • Founded Year: 2019
  • Location: San Francisco (United States)
  • Annual Revenue: $10M - $50M as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series C
  • Total Funding till date: $206M
  • Employee Count: 524 as on Aug 31, 2026
  • Investors: Meritech, GIC and 35 Others
  • Latest Funding Round: Series C, May 08, 2024, $*****
  • Highlight: Editors' Pick

Surge's Investments by Stage

Surge has made 142 investments in Seed stage with an average round size of $3.03M, 23 investments in Series A stage with an average round size of $6.52M, 1 investment in Series B stage with an average round size of $25M and 1 investment in Series F stage with an average round size of $1.33M.
Here are Surge's investments by stage:
Stage of entry
No. of Investments
Seed
142
Series A
23
Series B
1
Series F
1
Breakdown of Surge's investments by stage of entrySeed (142)Series A (23)
Note: We have considered here, only first round of investments

Surge's Investments by Sector

Surge has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and High Tech. Notably, it has invested in 179 Tech companies, 121 Enterprise (B2B) companies, 120 Software companies and at least 88 companies focusing on Consumer (B2C).
Here are Surge's investments by sector:
Sector
No. of Investments
Enterprise Applications
89
Consumer
47
FinTech
29
Retail
28
High Tech
27
Others
177
Breakdown of Surge's investments by sectorsEnterprise Applic... (89)Consumer (47)
Note: We have considered here, only first round of investments

Surge's Investments by Geography

Surge has made most investments in India (75), followed by United States where it has made 38 investments.
Here are Surge's investments by geography:
Country
No. of Investments
India
75
United States
38
Singapore
24
Indonesia
17
Australia
4
Others
14
Breakdown of Surge's investments by countriesIndia (75)United States (38)
Note: We have considered here, only first round of investments

Surge's recent investments

Surge has not made any investment in 2026 so far.
Here are the most recent investments by Surge:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Nov 04, 2025
India
Seed
8001
Sep 16, 2025
United Arab Emirates
Seed
1888
-
Sep 04, 2025
India
Seed
4781
Sep 03, 2025
India
Seed
7590
Aug 04, 2025
Spain
Seed
9879
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Unicorns in Surge's Portfolio

Surge has 2 unicorns in its portfolio - Airalo and Cult.fit. The most recent unicorn in their portfolio is Airalo. It became a unicorn in 2025, 5 years after Surge first invested in it.
Here is a list of unicorns in Surge's portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
73
Operator of eSIM stores intended to provide connectivity to travellers
2019
Delaware
Series C
rvyxhwu
83
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016
Bengaluru
Series G
yydgpit

Acquired companies in Surge's Portfolio

14 companies from Surge's portfolio have been acquired. The most recent acquisition was TazaPay in Sep 2026 by Circle for $*****.
Here are Surge's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Sep 09, 2026
Nov 25, 2020
Seed
6388
Jun 24, 2026
Nov 25, 2020
Seed
5441
Feb 11, 2026
Apr 19, 2019
Seed
3395
May 06, 2025
Mar 01, 2023
Seed
7751
Mar 28, 2025
Mar 02, 2021
Seed
7633

Team profile of Surge

Surge has a team of 13 members including 1 Partner, 1 Venture Partner and 6 Principals located in India and Singapore. Surge's team sits on the board of 2 companies.
Here is a list of top team members in Surge:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Singapore
Via, Craftsvilla and 1 more
Venture Partner
Bengaluru
-
-
Principal
Singapore
-
-
Principal
Bengaluru
-
Principal
Singapore
-
-
Principal
Bengaluru
Principal
Bengaluru
-
-
Principal
Singapore
-
-

Co-investors of Surge

Over the past 8 years, 1750 investors have co-invested in Surge's portfolio companies. This includes funds and angels.

  • Invested before Surge: Angel List, Peak XV Partners and 780 others have invested in rounds before Surge. There are 13 companies where Angel List has invested before Surge and 12 companies where Peak XV Partners has invested before Surge.
  • Top Co-investors of Surge: 395 investors entered a company along with Surge. These include investors like Peak XV Partners (15 companies).
  • Invested after Surge: A total of 573 investors have invested in Surge's portfolio after their investments. Top Investors include Peak XV Partners (37 companies) and Tiger Global Management (13 companies).

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