About 33 Capital
33 Capital is a venture capital firm founded in 2016. It is primarily based out of Singapore, Singapore. As of Jan 2023, 33 Capital has invested in 13 companies. It primarily invests in Series B round in Singapore based startups. Its investments are spread across a wide range of sectors from Retail to Enterprise Applications and FinTech. Most recently it participated in the $***** Seed round of EVO Overall, 33 Capital portfolio has seen 1 unicorn, 1 IPO and 2 acquisitions including key companies like ShopBack, TradeGecko and CoAssets. A lot of funds co-invest with 33 Capital, with names like Aetius Capital sharing a substantial percentage of its portfolio. 33 Capital has team of 3 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series B, Seed & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
33 Capital's List of Top Investments
33 Capital has a portfolio of 13 companies, one of which is a Unicorn. Their most notable investments include ShopBack and 91Springboard.Their portfolio spans across Singapore, Australia, China and 5 more locations. They have invested in Retail, Enterprise Applications, FinTech and 9 other sectors, across stages such as Series B, Seed and 1 more. Here is the list of top investments by 33 Capital:1. 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
91Springboard is one of India’s leading workspace solutions providers, delivering flexible, design-led office environments for enterprises, GCCs, startups, and growing businesses. The company operates across two core offerings: ready-to-move-in private suites and flexible workspaces for immediate occupancy, alongside customized, built-to-suit managed offices designed to meet specific business requirements. This dual approach enables 91Springboard to deliver scalable, highquality workspace solutions across varying team sizes and stages of growth. With a strong focus on customer-centricity, operational excellence, and rapid expansion, 91Springboard continues to shape the evolution of workspace-as-a-service in India— delivering environments that are built to perform, every day.
Key facts about 91Springboard
- Founded Year: 2012
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $29.2M
- Employee Count: 273 as on May 31, 2026
- Investors: Shinsei Bank, 33 Capital and 52 Others
- Latest Funding Round: Series B, Oct 27, 2021, $*****
- Highlight: Editors' Pick
3. Helicap
Alternative investment platform focused on private funds sector. Offers risk management solutions for private equity investors and managers. It provides credit analytics and risk management platform that can process millions of raw data points from loan originators and extract insightful performance metrics. Users can use the platform to facilitate investment due diligence, structure private funding investment products, and actively manage the post-investment position.
Key facts about Helicap
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Series B
- Total Funding till date: $24.3M
- Employee Count: 45 as on May 31, 2026
- Investors: 33 Capital, Saison Capital and 22 Others
- Latest Funding Round: Series B, Aug 29, 2024, $*****
- Highlight: Editors' Pick
4. Billease
Online platform for point of sale financing. It enables users to purchase products and repay in monthly installments. The user must create an installment request and choose the order value, cash-out amount, and installment term length by adjusting on the website sliders. After providing the required documents, the approvals are provided and the amount will be credited to the wallet. The application is available on Android and iOS platforms.
Key facts about Billease
- Founded Year: 2017
- Location: Makati (Philippines)
- Stage: Series C
- Total Funding till date: $16M
- Employee Count: 411 as on May 31, 2026
- Investors: The Rise Fund, 33 Capital and 9 Others
- Latest Funding Round: Series C, Sep 03, 2024, $*****
- Highlight: Editors' Pick
5. TradeGecko
Provider of cloud-based suite solutions for wholesalers. The platform offers solutions like shipping management, purchase order management, multichannel sales, supply chain management, procurement, return logistics, inventory tracking, warehouse management, and more. Its mobile app is available for iOS users.
Key facts about TradeGecko
- Founded Year: 2012
- Location: Singapore (Singapore)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $17.7M
- Employee Count: 22 as on May 31, 2026
- Investors: Jungle Ventures, 33 Capital and 14 Others
- Latest Funding Round: Series B, Jul 23, 2018, $*****
- Highlight: Acquired
33 Capital's Year-on-Year Investment Trends
33 Capital has invested in 13 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in EVO and most recent follow-on round was in ShopBack.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 1 | 1 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
33 Capital's Investments by Stage
33 Capital has made 2 investments in Series B stage with an average round size of $6.36M, 1 investment in Seed stage with an average round size of $2M and 1 investment in Series A stage with an average round size of $25M.Stage of entry | No. of Investments |
|---|---|
Series B | 2 |
Seed | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
33 Capital's Investments by Sector
33 Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Retail, Consumer, Industrial Goods and Manufacturing and Real Estate and Construction Tech. Notably, it has invested in 10 Tech companies, 8 Consumer (B2C) companies, 7 Software companies and at least 5 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Retail | 3 |
Consumer | 2 |
Industrial Goods and Manufacturing | 1 |
Real Estate and Construction Tech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
33 Capital's Investments by Geography
33 Capital has made most investments in Singapore (3), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
Singapore | 3 |
India | 1 |
Note: We have considered here, only first round of investments
33 Capital's recent investments
33 Capital has not made any investment in 2026 so far.Here are the most recent investments by 33 Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 05, 2023 | Singapore | Seed | 2042 | [+4] | |
Oct 27, 2021 | India | Series B | 6288 | [+8] | |
Mar 13, 2020 | Singapore | Series B | 1126 | [+4] | |
Jul 23, 2018 | Singapore | Series B | 4019 | [+2] | |
Nov 07, 2017 | Singapore | Series A | 9132 | [+8] |
Unicorns in 33 Capital's Portfolio
33 Capital has 1 unicorn in its portfolio - ShopBack. The most recent unicorn in their portfolio is ShopBack which became a unicorn in 2026, 8 years after 33 Capital first invested in it.Here is a list of unicorns in 33 Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
78 | Online platform providing cashback rewards, coupons, and promo codes for purchases | 2014 | Singapore | Series F | rqu{tjf |
IPOs and Publicly Listed companies in 33 Capital's Portfolio
1 of 33 Capital's portfolio company became public - CoAssets. It got listed on the Australian Securities Exchange (ASX), in May 2016.Here are 33 Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 09, 2016 | - | - | 9636 |
Acquired companies in 33 Capital's Portfolio
2 companies from 33 Capital's portfolio have been acquired. The most recent acquisition was TradeGecko in Aug 2020 by Intuit for $*****.Here are 33 Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 04, 2020 | Jul 23, 2018 | Series B | 8380 | |
Jan 06, 2019 | - | - | 5112 |
Team profile of 33 Capital
33 Capital has a team of 3 members including 1 Partner and 1 Venture Partner located in Singapore. 33 Capital's team does not sit on the board of any company as of now.Co-investors of 33 Capital
Over the past 9 years, 88 investors have co-invested in 33 Capital's portfolio companies. This includes funds and angels.
- Invested before 33 Capital: East Ventures, Accelx and 52 others have invested in rounds before 33 Capital. There are 2 companies where East Ventures has invested before 33 Capital and 1 company where Accelx has invested before 33 Capital.
- Top Co-investors of 33 Capital: 17 investors entered a company along with 33 Capital. These include investors like Aetius Capital (1 company).
- Invested after 33 Capital: A total of 17 investors have invested in 33 Capital's portfolio after their investments. Top Investors include Temasek (1 company), Rakuten (1 company) and EDBI (1 company).
Recent News related to 33 Capital
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D2C Startup “Evo Commerce” Closes 31 Billion Rupiah Pre-Series A FundingDailysocial•Jan 05, 2023•, GSR Ventures, 33 Capital, East Ventures and 2 others
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East Ventures backs $2m round of SG wellness firmTech in Asia•Jan 05, 2023•EVO, GSR Ventures, East Ventures, 33 Capital
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Israeli tech startups get a new investor in VC firm 33N VenturesThe Capital Quest•Oct 13, 2022•33 Capital
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Helicap joins Filipino consumer lender BillEase’s cap table with US$20M debt facilitye27•Sep 12, 2022•Billease, Helicap, Burda Principal Investments, 33 Capital and 2 others
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Ex-McKinsey execs’ BNPL firm raises $11m in series B roundTech in Asia•Jan 19, 2022•Billease, Burda Principal Investments, 33 Capital, Hubert Burda Media and 2 others
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ShopBack closes extended US$75M funding round led by TemasekShopBack•Mar 12, 2020•ShopBack, Temasek, Rakuten, EDBI and 17 others
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Global SaaS Commerce Platform TradeGecko Raises USD 10M in Series B Funding Led by TNB Aura Fund 1 & Aura Venture FundPR Newswire•Jul 23, 2018•TradeGecko, Perle Ventures, 33 Capital, TNB Ventures and 1 other
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Southeast Asia’s ShopBack moves into personal finance with its first acquisitionTechCrunch+•May 08, 2018•ShopBack, Seedly, Aetius Capital, SoftBank Ventures Asia and 9 others
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CRV-backed Qubole Raises $25 Million in Strategic RoundCitybizlist•Nov 08, 2017•Qubole, Singtel Innov8, Harmony Partners, CRV and 14 others
