About Monk's Hill Ventures
Monk's Hill Ventures is a venture capital firm founded in 2014. It is primarily based out of Jakarta, Indonesia. As of Jun 2026, Monk's Hill Ventures is an active investor, having invested in 58 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Series A round of BeeX Overall, Monk's Hill Ventures portfolio has seen 2 unicorns and 5 acquisitions including key companies like Scalable Capital, Ninja Van and Horangi. A lot of funds co-invest with Monk's Hill Ventures, with names like XA Network sharing a substantial percentage of its portfolio. Monk's Hill Ventures has team of 20 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Monk's Hill Ventures' List of Top Investments
Monk's Hill Ventures has a portfolio of 58 companies, including 2 unicorns. Their most notable investments are in Jenfi and Bot M.D..Their portfolio spans across Singapore, Indonesia, United States and 6 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 21 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Monk's Hill Ventures:
1. ELSA Speak
AI-powered English pronunciation app for personalized learning and confident speaking. This platform utilizes artificial intelligence to provide instant feedback on pronunciation, fluency, and intonation. It offers personalized learning paths, real-life role-plays, and bilingual support to enhance English communication skills. The platform caters to individuals and organizations, offering solutions for schools and businesses. It provides accent options, exam preparation, and progress tracking. The platform is a Software as a Service (SaaS) that aims to improve English proficiency and boost confidence in speaking. It is a tech company that leverages speech recognition technology to deliver personalized language learning experiences. The platform offers subscription plans for individuals and organizations.
Key facts about ELSA Speak
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $60M
- Employee Count: 223 as on Aug 31, 2026
- Investors: Graph Ventures, Gradient Ventures and 23 Others
- Latest Funding Round: Series C, Sep 12, 2023, $*****
- Highlight: Editors' Pick
Provider of a digital investment and brokerage platform. It enables users to trade financial instruments such as stocks, ETFs, and crypto, as well as access managed investment portfolios and savings accounts with variable interest rates. It integrates banking and investment features into a unified interface, supporting automated portfolio management, recurring investment plans, and cash management solutions. It leverages financial technology infrastructure to provide real-time trading, account management, and personalized investment options while emphasizing accessibility, low-cost investing, and automated wealth-building tools for individual users and families.
Key facts about Scalable Capital
- Founded Year: 2014
- Location: Munich (Germany)
- Annual Revenue: €1M - €10M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $550M
- Employee Count: 891 as on Aug 31, 2026
- Investors: Tengelmann Ventures, HV Capital and 14 Others
- Latest Funding Round: Series F, Jun 03, 2025, $*****
- Highlight: Editors' Pick
3. Glints
Online job board platform for graduate jobs. The platform allows students to create a profile by mentioning skills, education, and discover career paths and also develop skills required for the career and apply for jobs based on their interests. The companies hiring through the platform include BAP Software. The offering sector includes sales, operation, engineering, human resource, marketing and more.
Key facts about Glints
- Founded Year: 2013
- Location: Singapore (Singapore)
- Stage: Series D
- Total Funding till date: $82.3M
- Employee Count: 923 as on Aug 31, 2026
- Investors: DCM Ventures, Monk's Hill Ventures and 31 Others
- Latest Funding Round: Series D, Aug 30, 2022, $*****
- Highlight: Editors' Pick
4. Ninja Van
App-based platform providing last-mile B2C delivery services. Enterprises, e-stores, and businesses can register on the platform and select doorstep delivery services for their packages. It is a provider of logistics and courier services solutions, utilizing technology and cutting-edge innovation in the industry. They can create orders, track shipments, upload bulk orders, enter shipping details, schedule deliveries, and receive customer payments.
Key facts about Ninja Van
- Founded Year: 2014
- Location: Singapore (Singapore)
- Annual Revenue: SGD 500M - 1B as on Jun 30, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.1B
- Employee Count: 4,861 as on Aug 31, 2026
- Investors: Grab, GeoPost and 35 Others
- Latest Funding Round: Conventional Debt, Oct 16, 2024, $*****
- Highlight: Editors' Pick
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5. KKday
Online retailer of attraction tickets, tours, transport, and travel services. It provides options for experiences, flights, accommodations, food, WiFi, and SIM cards. The platform facilitates the discovery of local experiences. It offers a variety of travel-related products and services.
Key facts about KKday
- Founded Year: 2014
- Location: Taipei (Taiwan)
- Stage: Series D
- Total Funding till date: $197M
- Employee Count: 940 as on Aug 31, 2026
- Investors: Darwin Venture Management, Monk's Hill Ventures and 13 Others
- Latest Funding Round: Series D, Dec 05, 2024, $*****
- Highlight: Editors' Pick
Monk's Hill Ventures' Year-on-Year Investment Trends
Monk's Hill Ventures has invested in 58 companies over the last 11 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in BeeX and most recent follow-on round was in Saladin.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 2 | 2 | 4 |
2024 | 4 | 0 | 4 |
2023 | 3 | 3 | 6 |
2022 | 8 | 4 | 12 |
2021 | 15 | 5 | 20 |
2020 | 3 | 3 | 6 |
2019 | 3 | 2 | 5 |
2018 | 4 | 2 | 6 |
2017 | 4 | 1 | 5 |
Monk's Hill Ventures' Investments by Stage
Monk's Hill Ventures has made 28 investments in Seed stage with an average round size of $3.61M, 21 investments in Series A stage with an average round size of $6.91M, 3 investments in Series B stage with an average round size of $7.9M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Seed | 28 |
Series A | 21 |
Series B | 3 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Monk's Hill Ventures' Investments by Sector
Monk's Hill Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and Sustainability Tech. Notably, it has invested in 56 Tech companies, 38 Enterprise (B2B) companies, 32 Software companies and at least 28 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 20 |
Consumer | 14 |
FinTech | 14 |
Retail | 9 |
Sustainability Tech | 6 |
Others | 59 |
Note: We have considered here, only first round of investments
Monk's Hill Ventures' Investments by Geography
Monk's Hill Ventures has made most investments in Singapore (22), followed by Indonesia where it has made 14 investments.Country | No. of Investments |
|---|---|
Singapore | 22 |
Indonesia | 14 |
Vietnam | 5 |
United States | 4 |
Malaysia | 3 |
Others | 5 |
Note: We have considered here, only first round of investments
Monk's Hill Ventures' recent investments
Monk's Hill Ventures has made 2 investments in 2026 so far - BeeX and Libeara.Here are the most recent investments by Monk's Hill Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 29, 2026 | Singapore | Series A | 1766 | [+3] | |
Jun 24, 2026 | Singapore | Series A | 5422 | [+3] | |
Dec 12, 2025 | Vietnam | Series A | 9864 | [+4] | |
Oct 30, 2025 | Singapore | Seed | 3149 | [+2] | |
Apr 08, 2025 | Singapore | Series B | 8111 | [+5] |
Unicorns in Monk's Hill Ventures' Portfolio
Monk's Hill Ventures has 2 unicorns in its portfolio - Ninja Van and Scalable Capital. The most recent unicorn in their portfolio is Ninja Van. It became a unicorn in 2021, 6 years after Monk's Hill Ventures first invested in it.Here is a list of unicorns in Monk's Hill Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | App-based platform providing last-mile B2C delivery services | 2014 | Singapore | Series E | plbgrxh | ||
77 | Provider of a digital investment and brokerage platform | 2014 | Munich | Series F | qqckmwv |
Acquired companies in Monk's Hill Ventures' Portfolio
5 companies from Monk's Hill Ventures' portfolio have been acquired. The most recent acquisition was OhmniLabs in Dec 2024 by Symbotic for $*****.Here are Monk's Hill Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2024 | Apr 13, 2017 | Seed | 6217 | |
Feb 29, 2024 | Oct 21, 2021 | Seed | 3154 | |
Jun 28, 2023 | Nov 06, 2017 | Series A | 6346 | |
Apr 25, 2023 | - | - | 6610 | |
Jan 26, 2022 | Apr 10, 2017 | Seed | 5515 |
Team profile of Monk's Hill Ventures
Monk's Hill Ventures has a team of 20 members including 5 Partners, 1 Venture Partner and 6 Principals located in Singapore, Malaysia and 2 more locations. Monk's Hill Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Monk's Hill Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Indonesia | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Venture Partner | Novi | - | ||
Principal | Singapore | - | ||
Principal | Singapore | - | - | |
Principal | Putatan | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of Monk's Hill Ventures
Over the past 11 years, 430 investors have co-invested in Monk's Hill Ventures's portfolio companies. This includes funds and angels.
- Invested before Monk's Hill Ventures: Y Combinator, 500 Durians and 113 others have invested in rounds before Monk's Hill Ventures. There are 7 companies where Y Combinator has invested before Monk's Hill Ventures and 4 companies where 500 Durians has invested before Monk's Hill Ventures.
- Top Co-investors of Monk's Hill Ventures: 212 investors entered a company along with Monk's Hill Ventures. These include investors like XA Network (3 companies).
- Invested after Monk's Hill Ventures: A total of 103 investors have invested in Monk's Hill Ventures's portfolio after their investments. Top Investors include Endeavor (3 companies), AC Ventures (2 companies) and Kickstart Ventures (2 companies).
Recent News related to Monk's Hill Ventures
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Monk's Hill Ventures Closes Indonesia Office Amid RestructuringTech in Asia•Jul 23, 2026•Monk's Hill Ventures
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Tech funding surges 2,116% in June as late-stage deals dominateSingapore Business Review•Jul 08, 2026•Monk's Hill Ventures
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Saladin doubles down on digital insurance with Series A raisee27•Dec 12, 2025•Saladin, Peak XV Partners, SBI Ven Capital, ICMG Group and 1 other
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Singapore’s Ninja Van to Halve Valuation in Latest Funding RoundThe Straits Times•Aug 11, 2025•B Capital, Ninja Van, Monk's Hill Ventures, Alibaba
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Startup Funding Snapshot For April 2025
TechNode•Jun 04, 2025•KFin Technologies, AIForesee, Pfct, YY Group Holding and 8 others
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Cinch Raises US$28.8M to Expand Device-as-a-Service Platform Across AsiaMonk's Hill Ventures•Apr 08, 2025•Cinch, Monk's Hill Ventures, Z Venture Capital, Digital Currency Group and 2 others
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Ion Mobility CEO confirms acquisition by TVS MotorTech in Asia•Mar 07, 2025•ION Mobility, TVS Motor, AC Ventures, TNB Aura and 5 others
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To encourage at least $220 M in investments in deep tech startups, SEEDS Capital appointed 20 new partnersIncubees•Feb 10, 2025•SEEDS Capital, Valuence Ventures, Paspalis, Global Brain and 11 others
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