About AddVentures
AddVentures is a venture capital firm founded in 2017. It is primarily based out of Bangkok, Thailand. As of Jun 2024, AddVentures has invested in 20 companies. It primarily invests in Series A round in Thailand based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Food and Agriculture Tech. Most recently it participated in the $***** Series B round of M2X Energy Overall, AddVentures portfolio has seen 1 unicorn, 1 IPO and 1 acquisition, namely eFishery, Printerous and Seekmi. A lot of funds co-invest with AddVentures, with names like British International Investment sharing a substantial percentage of its portfolio. AddVentures has team of 6 people.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A, Series B & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
AddVentures' List of Top Investments
AddVentures has a portfolio of 20 companies, one of which is a Unicorn. Their most notable investments are in GetLinks and Bizongo.Their portfolio spans across Indonesia, Thailand, India and 4 more locations. They have invested in Enterprise Applications, Consumer, Food and Agriculture Tech and 11 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by AddVentures:1. Bizongo
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions. It offers features including digital vendor management, material procurement management, supply chain financing, packaging sourcing, purchase order management, and more. It caters to multiple industries including packaging, textiles, apparel, and more.
Key facts about Bizongo
- Founded Year: 2015
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $307M
- Employee Count: 91 as on Jul 31, 2025
- Investors: Castle Investment Management, Chiratae Ventures and 30 Others
- Latest Funding Round: Series E, Mar 10, 2025, $*****
- Highlight: Editors' Pick
Provider of digital lending platforms for small and medium enterprises. The firm facilitates access to credit for businesses through invoice financing and vendor financing programs. These financial services aim to address capital needs by connecting borrowers with institutional funding sources. The platform utilizes credit risk algorithms to assess loan eligibility for corporate entities.
Key facts about Validus Group
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: SGD 10M - 50M as on Dec 31, 2024
- Stage: Series D
- Total Funding till date: $138M
- Employee Count: 172 as on Jun 30, 2026
- Investors: Khazanah Nasional Berhad, Vertex Growth and 74 Others
- Latest Funding Round: Series D, Dec 11, 2025, $*****
3. Ralali
Ralali.com is an online B2B marketplace for multi-category products. Product catalog includes health and medical, machinery and industrial parts, office and store supplies, furniture and decorations, electronics, and more. Offers brands like a-one, faber castell, ABB, and more. The company offers mobile applications for Android and iOS platforms.
Key facts about Ralali
- Founded Year: 2013
- Location: Jakarta (Indonesia)
- Stage: Series D
- Total Funding till date: $35.4M
- Employee Count: 117 as on Jul 31, 2026
- Investors: CyberAgent Capital, SBI Investment and 19 Others
- Latest Funding Round: Series D, Sep 19, 2022, $*****
- Highlight: Editors' Pick
4. eFishery
Provider of technology solutions for sustainable aquaculture. It offers innovative products and services to support sustainable fish and shrimp farming practices. The company utilizes IoT-enabled devices and a smartphone app to automate and streamline the feeding process for farmers, enhancing efficiency and productivity.
Key facts about eFishery
5. GetLinks
Cloud-based applicant tracking system suite solutions for enterprises. It is a software application that manages the employment process. It includes tools for finding candidates, posting job ads, scheduling and publishing vacancies, tracking applications, previewing resumes and highlights, and more. The platform enables tech professionals to create a profile and highlight their skills, experience, and interests.
Key facts about GetLinks
- Founded Year: 2015
- Location: Bangkok (Thailand)
- Stage: Series A
- Total Funding till date: $500K
- Employee Count: 247 as on Jul 31, 2026
- Investors: CyberAgent Capital, Seek and 12 Others
- Latest Funding Round: Series A, Dec 14, 2018, $*****
AddVentures' Year-on-Year Investment Trends
Its most recent first time investment was in Indi Energy and most recent follow-on round was in M2X Energy.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 1 | 1 |
2021 | 3 | 2 | 5 |
2020 | 2 | 1 | 3 |
2019 | 0 | 0 | 0 |
2018 | 7 | 0 | 7 |
2017 | 1 | 0 | 1 |
AddVentures' Investments by Stage
AddVentures has made 5 investments in Series A stage with an average round size of $10.8M, 4 investments in Series B stage with an average round size of $26.8M, 3 investments in Seed stage with an average round size of $81.1K and 1 investment in Series C stage with an average round size of $9.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series B | 4 |
Seed | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
AddVentures' Investments by Sector
AddVentures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, FinTech and Financial Services. Notably, it has invested in 18 Tech companies, 15 Enterprise (B2B) companies, 8 Software companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 5 |
Enterprise Applications | 5 |
Retail | 4 |
FinTech | 2 |
Financial Services | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
AddVentures' Investments by Geography
AddVentures has made most investments in Thailand (5), followed by Indonesia where it has made 4 investments.Country | No. of Investments |
|---|---|
Thailand | 5 |
Indonesia | 4 |
India | 2 |
Singapore | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
AddVentures' recent investments
AddVentures has not made any investment in 2026 so far.Here are the most recent investments by AddVentures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 10, 2024 | United States | Series B | 2717 | [+3] | |
May 04, 2022 | India | Seed | 1336 | [+18] | |
Nov 30, 2021 | India | Series D | 9072 | [+12] | |
Jul 14, 2021 | India | Seed | 6730 | [+14] | |
2021 | United States | Series A | 7155 | [+2] |
Unicorns in AddVentures' Portfolio
AddVentures has 1 unicorn in its portfolio - eFishery. The most recent unicorn in their portfolio is eFishery which became a unicorn in 2023, 3 years before AddVentures first invested in it.Here is a list of unicorns in AddVentures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of technology solutions for sustainable aquaculture | 2013 | Bandung | Series D | gsudgxj |
IPOs and Publicly Listed companies in AddVentures' Portfolio
1 of AddVentures' portfolio company became public - Printerous.Here are AddVentures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Feb 13, 2020 | Series A | 9965 |
Acquired companies in AddVentures' Portfolio
1 company from AddVentures' portfolio has been acquired. The most recent acquisition was Seekmi in May 2023 by SCG for $*****.Here are AddVentures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 10, 2023 | - | - | 2565 |
Team profile of AddVentures
AddVentures has a team of 6 members including 3 Venture Partners located in China, Thailand and 1 more location. AddVentures' team does not sit on the board of any company as of now.Here is a list of all team members in AddVentures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Venture Partner | China | - | - | |
Venture Partner | Geneva | - | - | |
Venture Partner | Bangkok | - | - |
Co-investors of AddVentures
Over the past 9 years, 180 investors have co-invested in AddVentures's portfolio companies. This includes funds and angels.
- Invested before AddVentures: 500 Global, Vertex Ventures and 81 others have invested in rounds before AddVentures. There are 3 companies where 500 Global has invested before AddVentures and 2 companies where Vertex Ventures has invested before AddVentures.
- Top Co-investors of AddVentures: 44 investors entered a company along with AddVentures. These include investors like British International Investment (1 company).
- Invested after AddVentures: A total of 53 investors have invested in AddVentures's portfolio after their investments. Top Investors include Beacon VC (2 companies), International Finance Corp (1 company) and TradeCred (1 company).
Recent News related to AddVentures
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M2X Energy Announces $40 Million Series B Financing to Accelerate Commercial OperationsBusiness Wire•Jun 20, 2024•M2X Energy, Conifer Infrastructure Partners, Breakthrough Energy, Eni Next and 3 others
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Health startup Nutrix closes $1.8M seed roundEl Referente•Apr 28, 2023•Nutrix, Chile Ventures, Simpact VC, AddVentures
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Bizongo bags $110 million led by Tiger Global at valuation of $600 millionTechStory•Dec 20, 2021•Bizongo, Tiger Global Management, BCAP, Chiratae Ventures and 16 others
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Packaging materials platform Bizongo closes Series C funding roundVCCircle•Apr 26, 2021•Bizongo, CDC Group, addventures, Schroder Adveq and 9 others
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Singapore-based SME lending firm Validus secures $14 mn fundingInternational Finance•May 12, 2020•Validus, Vertex Growth, K3, FMO and 9 others
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Indonesian online printing platform Printerous secures series A fundingTech in Asia•Feb 13, 2020•Printerous, BAce Capital, AddVentures, GDP Venture and 3 others
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SME lender Validus Capital raises $15M for expansion in Southeast AsiaTechCrunch+•Feb 25, 2019•Validus, FMO, Openspace Ventures, Vertex Ventures and 3 others
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In brief: Indonesian furniture e-tailer raises several million dollarsTech in Asia•Oct 11, 2018•Dekoruma, AddVentures, Beenext, Skystar Capital and 1 other
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Indonesian B2B marketplace Ralali has Thailand and microlending in its sightsTech in Asia•Sep 17, 2018•Ralali, SBI Group, Digital Garage, AddVentures
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