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About Ascend Angels

Ascend Angels, established in 2021, is an angel investment group based in Singapore, Singapore. It primarily focuses on Seed investments in companies in Singapore. Its portfolio includes 7 firms, spanning the High Tech, Enterprise Applications sectors. Its most notable investments include companies like Botsync, Eazy Digital and Max. As of Oct 2026, Ascend Angels has witnessed 1 portfolio exit. Its latest investment was a $2.1M Seed round in EVO on Aug 07, 2024, which also saw participation from IJK and Reuben Lai.
To date, 29 investors have co-invested in Ascend Angels's portfolio companies, including prominent names like Orvel Ventures.
Key Metrics
Founded Year
2021
Location
Singapore, Singapore
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment

Ascend Angels' List of Top Investments

Ascend Angels has a portfolio of 7 companies. Their most notable investments include Botsync and Eazy Digital.Their portfolio spans across Singapore, Indonesia, Thailand and 1 more locations. They have invested in High Tech, Enterprise Applications, Food and Agriculture Tech and 8 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Ascend Angels:
Online platform providing robotic system integration solutions for various manufacturers. It is a provider of robotic solutions for automating and digitizing material movement in logistics and manufacturing industries through autonomous mobile robots. Their offerings include robotic platforms and digital solutions to streamline operations and enhance user experience.

Key facts about Botsync

  • Founded Year: 2017
  • Location: Singapore (Singapore)
  • Annual Revenue: SGD 1M - 10M as on Dec 31, 2024
  • Stage: Series A
  • Total Funding till date: $5.2M
  • Employee Count: 89 as on Aug 31, 2026
  • Investors: Locus Ventures, Aeroflex Enterprises and 31 Others
  • Latest Funding Round: Series A, Jan 14, 2026, $*****
  • Highlight: Editors' Pick
Provider of software solutions for insurance intermediaries. It offers a platform for financial products that allow the management of customer referral program, and user engagement, as well as a financial product wallet.

Key facts about Eazy Digital

  • Founded Year: 2022
  • Location: Bangkok (Thailand)
  • Stage: Acquired
  • Total Funding till date: $1.85M
  • Employee Count: 6 as on Aug 31, 2026
  • Investors: Wavemaker Partners, MVP and 6 Others
  • Latest Funding Round: Seed, Oct 12, 2023, $*****
  • Highlight: Acquired

3. Max

Credit card comparison solution for consumers. Provides aggregating multiple credit cards with personal finance autopilot to select card for the next purchase. Provides a set of credit cards tailored to maximize rewards, and the impact of a credit card offer on existing credit card strategy.

Key facts about Max

4. EVO

Provider of social platform for businesses. The solution help influencers and live-streamers to optimize the back-office operations and allowing them to sell products to online customers. Its solution offerings include ordering management, payments, reconciliation, inventory management, discount management, and more. It also helps brands and merchants to connect with influencers directly through the platform.

Key facts about EVO

  • Founded Year: 2019
  • Location: Singapore (Singapore)
  • Stage: Seed
  • Total Funding till date: $4.7M
  • Employee Count: 32 as on Aug 31, 2026
  • Investors: 33 Capital, GSR Ventures and 22 Others
  • Latest Funding Round: Seed, Aug 07, 2024, $*****
  • Highlight: Editors' Pick
Provider of integrated solutions connecting farmers to resources and broader markets. The company offers funding access, agricultural inputs, and harvest sales management. It facilitates connections between farmers, suppliers, and local rice mills. The company focuses on creating a reliable distribution network and broader market access at competitive prices. The aim is to build a modern and sustainable agricultural ecosystem.

Key facts about Eratani

  • Founded Year: 2021
  • Location: Jakarta (Indonesia)
  • Stage: Series A
  • Total Funding till date: $13.6M
  • Employee Count: 152 as on Aug 31, 2026
  • Investors: Genting Ventures, AgFunder and 18 Others
  • Latest Funding Round: Series A, Apr 17, 2025, $*****
  • Highlight: Editors' Pick

Ascend Angels' Investments by Stage

Ascend Angels has made 6 investments in Seed stage with an average round size of $1.82M and 1 investment in Series A stage with an average round size of $5.2M.
Here are Ascend Angels' investments by stage:
Stage of entry
No. of Investments
Seed
6
Series A
1
Breakdown of Ascend Angels' investments by stage of entrySeed (6)Series A (1)
Note: We have considered here, only first round of investments

Ascend Angels' Investments by Sector

Ascend Angels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Artificial Intelligence - Industry Applications and Education. Notably, it has invested in 6 Tech companies, 5 Enterprise (B2B) companies, 4 Software companies and at least 2 companies focusing on Consumer (B2C).
Here are Ascend Angels' investments by sector:
Sector
No. of Investments
Enterprise Applications
4
Consumer
2
FinTech
2
Artificial Intelligence - Industry Applications
1
Education
1
Others
9
Breakdown of Ascend Angels' investments by sectorsEnterprise Applic... (4)Consumer (2)
Note: We have considered here, only first round of investments

Ascend Angels' Investments by Geography

Ascend Angels has made most investments in Singapore (4), followed by Indonesia where it has made 1 investment.
Here are Ascend Angels' investments by geography:
Country
No. of Investments
Singapore
4
Indonesia
1
Thailand
1
United States
1
Breakdown of Ascend Angels' investments by countriesSingapore (4)Indonesia (1)
Note: We have considered here, only first round of investments

Ascend Angels' recent investments

Ascend Angels has not made any investment in 2026 so far.
Here are the most recent investments by Ascend Angels:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Aug 07, 2024
Singapore
Seed
7204
  [+5]
Jul 11, 2024
Singapore
Seed
5422
Jul 02, 2024
United States
Seed
5624
Jun 05, 2024
Singapore
Series A
7346
  [+7]
Oct 12, 2023
Thailand
Seed
5796
  [+3]

Acquired companies in Ascend Angels' Portfolio

1 company from Ascend Angels' portfolio has been acquired. The most recent acquisition was Eazy Digital in Jul 2026 by Igloo for $*****.
Here are Ascend Angels' portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Jul 01, 2026
Oct 12, 2023
Seed
5572

Co-investors of Ascend Angels

Over the past 3 years, 80 investors have co-invested in Ascend Angels's portfolio companies. This includes funds and angels.

  • Invested before Ascend Angels: Iterative, ZB Capital and 41 others have invested in rounds before Ascend Angels. There is 1 company where Iterative has invested before Ascend Angels and 1 company where ZB Capital has invested before Ascend Angels.
  • Top Co-investors of Ascend Angels: 29 investors entered a company along with Ascend Angels. These include investors like Orvel Ventures (5 companies).
  • Invested after Ascend Angels: A total of 8 investors have invested in Ascend Angels's portfolio after their investments. Top Investors include SGInnovate (1 company) and Peak XV Partners (1 company).

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