About Coffee Ventures
Coffee Ventures is a venture capital firm founded in 2016. It is primarily based out of Singapore, Singapore. As of Mar 2017, Coffee Ventures has invested in 22 companies. It primarily invests in Seed round in Indonesia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Seed round of Kulina Overall, Coffee Ventures portfolio has seen 1 unicorn, 1 IPO and 8 acquisitions including key companies like Carro, Tech in Asia and Arcus. A lot of funds co-invest with Coffee Ventures, with names like Venturra Capital sharing a substantial percentage of its portfolio. Coffee Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Eddy Lee &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Coffee Ventures' List of Top Investments
Coffee Ventures has a portfolio of 22 companies, one of which is a Unicorn. Their most notable investments include Carro and Tech in Asia.Their portfolio spans across United States, Indonesia, Singapore and 3 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 14 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Coffee Ventures:
1. Carro
Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership. It is online platform that offers a full-stack service for car ownership, enabling users to buy, sell, and own vehicles in a trustworthy and transparent manner.
Key facts about Carro
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Mar 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $686M
- Employee Count: 1,381 as on Sep 30, 2026
- Investors: SoftBank Group, Temasek and 41 Others
- Latest Funding Round: Series C, Sep 17, 2025, $*****
- Highlight: Editors' Pick
2. Tech in Asia
Key facts about Tech in Asia
- Founded Year: 2011
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $13M
- Employee Count: 306 as on Sep 30, 2026
- Investors: Pegasus Tech Ventures, Activant Capital and 29 Others
- Latest Funding Round: Series C, Nov 19, 2017, $*****
- Highlight: Acquired
3. Lark Health
AI-powered platform offering various fitness and wellness services. The platform offers personalized diet plans based on health assessments and can track weight readings, daily activity levels, sleep, mindfulness check-ins, meals, and more. Also, offers programs for diabetes, prediabetes, hypertension, and prevention.
Key facts about Lark Health
- Founded Year: 2011
- Location: Mountain View (United States)
- Stage: Series D
- Total Funding till date: $162M
- Employee Count: 126 as on Sep 30, 2026
- Investors: Trinity Capital, Pegasus Tech Ventures and 30 Others
- Latest Funding Round: Series D, Sep 07, 2021, $*****
- Highlight: Editors' Pick
4. Alodokter
Alodokter is an online platform enabling users to book doctor appointments. The user can search for the doctors based on the specialty or location for which the platform offers a list of doctor profiles with pricing. The user can view the profiles, compare and book an appointment via online payment. It also offers health-related information, articles, and treatments.
Key facts about Alodokter
- Founded Year: 2014
- Location: Jakarta (Indonesia)
- Stage: Series C
- Total Funding till date: $49.7M
- Employee Count: 495 as on Sep 30, 2026
- Investors: Pegasus Tech Ventures, Samsung Venture Investment and 19 Others
- Latest Funding Round: Series C, Feb 21, 2024, $*****
- Highlight: Editors' Pick
5. 99 Group
Online listing platform for residential and commercial properties. The platform enables users to buy, sell & rent residential and commercial properties. It enables users to specify a location to find a list of registered properties and can connect with the agent via the platform. Property owners and landlords can create listings by providing necessary information such as price, area, amenities offered, and more. Its mobile app is available on Android and iOS devices.
Key facts about 99 Group
- Founded Year: 2014
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Jun 30, 2021
- Stage: Series C
- Total Funding till date: $88.5M
- Employee Count: 618 as on Sep 30, 2026
- Investors: Pegasus Tech Ventures, Allianz and 45 Others
- Latest Funding Round: Series C, Mar 13, 2023, $*****
- Highlight: Editors' Pick
Coffee Ventures' Year-on-Year Investment Trends
Coffee Ventures has invested in 22 companies over the last 10 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Kulina.Coffee Ventures' Investments by Stage
Coffee Ventures has made 2 investments in Seed stage with an average round size of $489K and 1 investment in Series A stage with an average round size of $5.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Note: We have considered here, only first round of investments
Coffee Ventures' Investments by Sector
Coffee Ventures has a diverse portfolio, with companies operating in the Consumer, Auto, Auto Tech, Enterprise Applications and Financial Services. Notably, it has invested in 22 Tech companies, 14 Consumer (B2C) companies, 14 Enterprise (B2B) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Auto | 1 |
Auto Tech | 1 |
Enterprise Applications | 1 |
Financial Services | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Coffee Ventures' Investments by Geography
Coffee Ventures has made most investments in Indonesia (1), followed by Latvia where it has made 1 investment.Country | No. of Investments |
|---|---|
Indonesia | 1 |
Latvia | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Coffee Ventures' recent investments
Coffee Ventures has not made any investment in 2026 so far.Here are the most recent investments by Coffee Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 2017 | Indonesia | Seed | 5729 | [+1] | |
Jun 13, 2016 | Singapore | Series A | 7226 | [+5] | |
Mar 15, 2016 | Latvia | Seed | 8402 | [+1] |
Unicorns in Coffee Ventures' Portfolio
Coffee Ventures has 1 unicorn in its portfolio - Carro. The most recent unicorn in their portfolio is Carro which became a unicorn in 2021, 5 years after Coffee Ventures first invested in it.Here is a list of unicorns in Coffee Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Online platform for buying, selling, and managing used cars, providing a full-stack service for car ownership | 2015 | Singapore | Series C | hfsmgkz |
IPOs and Publicly Listed companies in Coffee Ventures' Portfolio
1 of Coffee Ventures' portfolio company became public - Branch Track.Here are Coffee Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Mar 15, 2016 | Seed | 9570 |
Acquired companies in Coffee Ventures' Portfolio
8 companies from Coffee Ventures' portfolio have been acquired. The most recent acquisition was Sensely in Jun 2024 by Mediktor for $*****.Here are Coffee Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 04, 2024 | - | - | 1111 | |
Nov 01, 2023 | - | - | 4586 | |
Nov 24, 2021 | - | - | 9261 | |
Aug 26, 2020 | - | - | 8219 | |
Jun 16, 2019 | - | - | 4752 |
Team profile of Coffee Ventures
Coffee Ventures has a team of 1 member located in Australia. Coffee Ventures' team does not sit on the board of any company as of now.Co-investors of Coffee Ventures
Over the past 10 years, 41 investors have co-invested in Coffee Ventures's portfolio companies. This includes funds and angels.
- Invested before Coffee Ventures: Seedcamp has invested before Coffee Ventures.
- Top Co-investors of Coffee Ventures: 10 investors entered a company along with Coffee Ventures. These include investors like Venturra Capital (1 company).
- Invested after Coffee Ventures: A total of 30 investors have invested in Coffee Ventures's portfolio after their investments. Top Investors include HSBC (1 company), ZA Tech (1 company) and Shinhan Financial Group (1 company).
Recent News related to Coffee Ventures
•
CULT Food Science Invests in Cell-Based Coffee VentureCNW•Jun 29, 2022•CULT Food Science, Coffee Ventures
•
Food delivery startup Kulina to close second seed round of over $500k by JanDeal Street Asia•Dec 01, 2017•Kulina, Monk's Hill Ventures, East Ventures, Coffee Ventures
•
Carro lands $5.3M to expand its car sales and services platform in Southeast AsiaTechCrunch+•Jun 13, 2016•CARRO, Golden Gate Ventures, DIGITAL VENTURE LTD, Temasek and 9 others
•
BranchTrack, an innovative new learning product from Latvia, closes a seed round of €250k | EU-StartupsEU-Startups•Mar 15, 2016•Branch Track, Coffee Ventures, Imprimatur Capital, Zbigniew Gulbinowicz
