About Openspace Capital
Openspace Capital is a venture capital firm founded in 2014. It is primarily based out of Singapore, Singapore. As of Jul 2026, Openspace Capital is an active investor, having invested in 68 companies, with 4 new investments in the last 12 months. It primarily invests in Series A round in Indonesia based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and High Tech. Most recently it participated in the $***** Series A round of Every Half Overall, Openspace Capital portfolio has seen 2 unicorns, 2 IPOs and 5 acquisitions including key companies like Chope, Kredivo Holdings and Biofourmis. A lot of funds co-invest with Openspace Capital, with names like Peak XV Partners sharing a substantial percentage of its portfolio. Openspace Capital has team of 40 people including 9 partners.Key Metrics
Portfolio Sectors
Rounds of Entry
Series A, Seed & 3 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
Openspace Capital's List of Top Investments
Openspace Capital has a portfolio of 68 companies, including 2 unicorns. Their most notable investments are in PICKUP COFFEE and Datature.Their portfolio spans across Indonesia, Singapore, Philippines and 10 more locations. They have invested in Consumer, Enterprise Applications, High Tech and 24 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Openspace Capital:
1. Gojek
App based platform offering on demand delivery and ride-hailing services. It enables users to book on-demand services like two-wheeler and four-wheeler hailing, on-demand delivery services like food, groceries, medicines, parcels, packages, goods, and shopping. It offers online payments via a digital wallet, and business management solutions with features such as order management, sales report analysis, and more. The app is available for both android and iOS devices.
Key facts about Gojek
2. Pluang
Pluang provides an app-based online investment platform for gold, crypto, and mutual funds. It features gold investment tips, market prices, and more. It offers a gold price comparison and monitoring platform. App is available for iOS and Android devices.
Key facts about Pluang
3. Chope
Online platform for discovering restaurants and booking tables. It enables users to reserve tables in restaurants at various locations. The company claims that users can discover across 4000+ restaurants and also claims to offer deals to the users. Its app is available for both Android and iOS users.
Key facts about Chope
- Founded Year: 2011
- Location: Singapore (Singapore)
- Stage: Acquired
- Total Funding till date: $50.4M
- Employee Count: 197 as on Jul 31, 2026
- Investors: HBM Partners, Moelis & Company and 25 Others
- Latest Funding Round: Series E, Aug 25, 2021, $*****
- Highlight: Acquired
4. Zenius
Provider of app-based courses for school education. It provides courses on various subjects including mathematics, physics, chemistry, English, Indonesian, etc. It provides these courses as per the syllabus of the specific class. Its app is available for Android and iOS devices.
Key facts about Zenius
- Founded Year: 2004
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $60M
- Employee Count: 280 as on May 31, 2026
- Investors: Innoven Capital, Beacon VC and 9 Others
- Latest Funding Round: Series B, Mar 07, 2022, $*****
- Highlight: Editors' Pick
Provider of a consumer lending platform for financial applications. It provides users with a company that offers consumer-focused purchase financing, instant cash loans, and more. Loans can be accessed through an app-based platform that is available on iOS and Android devices.
Key facts about Kredivo Holdings
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Annual Revenue: $1M - $10M as on Dec 31, 2017
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $660M
- Employee Count: 2,847 as on Jul 31, 2026
- Investors: DST Global, Jungle Ventures and 35 Others
- Latest Funding Round: Series D, Mar 22, 2023, $*****
- Highlight: Editors' Pick
Openspace Capital's Year-on-Year Investment Trends
Openspace Capital has invested in 68 companies over the last 12 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Jul 2026, it has made 5 investments in this year. Its most recent first time investment was in Libeara and most recent follow-on round was in Every Half.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 2 | 2 | 4 |
2024 | 6 | 3 | 9 |
2023 | 6 | 7 | 13 |
2022 | 10 | 7 | 17 |
2021 | 5 | 7 | 12 |
2020 | 6 | 4 | 10 |
2019 | 4 | 5 | 9 |
2018 | 4 | 5 | 9 |
2017 | 2 | 2 | 4 |
Openspace Capital's Investments by Stage
Openspace Capital has made 34 investments in Series A stage with an average round size of $9.03M, 17 investments in Seed stage with an average round size of $8.73M, 7 investments in Series B stage with an average round size of $18.7M, 1 investment in Series C stage with an average round size of $8M and 1 investment in Series D stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Series A | 34 |
Seed | 17 |
Series B | 7 |
Series C | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Openspace Capital's Investments by Sector
Openspace Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Food and Agriculture Tech and High Tech. Notably, it has invested in 60 Tech companies, 37 Consumer (B2C) companies, 28 Enterprise (B2B) companies and at least 23 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 20 |
Enterprise Applications | 15 |
FinTech | 15 |
Food and Agriculture Tech | 9 |
High Tech | 8 |
Others | 80 |
Note: We have considered here, only first round of investments
Openspace Capital's Investments by Geography
Openspace Capital has made most investments in Indonesia (18), followed by Singapore where it has made 15 investments.Country | No. of Investments |
|---|---|
Indonesia | 18 |
Singapore | 15 |
Philippines | 5 |
Vietnam | 4 |
Australia | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
Openspace Capital's recent investments
Openspace Capital has made 5 investments in 2026 so far. Every Half and Libeara are the latest among them.Here are the most recent investments by Openspace Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 15, 2026 | Vietnam | Series A | 9606 | ||
Jun 24, 2026 | Singapore | Series A | 1456 | [+3] | |
Mar 25, 2026 | United Kingdom | Seed | 4954 | [+11] | |
Feb 10, 2026 | Malaysia | Series A | 8379 | [+3] | |
Jan 16, 2026 | Indonesia | Series A | 7274 | [+1] |
Unicorns in Openspace Capital's Portfolio
Openspace Capital has 2 unicorns in its portfolio - Kredivo Holdings and Biofourmis. The most recent unicorn in their portfolio is Kredivo Holdings. It became a unicorn in 2022, 5 years after Openspace Capital first invested in it.Here is a list of unicorns in Openspace Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Provider of a consumer lending platform for financial applications | 2015 | Jakarta | Series D | acljrpe | ||
61 | Cloud based suite solutions for healthcare organizations | 2015 | Boston | Series D | yxbidea |
IPOs and Publicly Listed companies in Openspace Capital's Portfolio
2 of Openspace Capital's portfolio companies have become public. GoTo Group got listed on the Indonesia Stock Exchange (IDX), in Apr 2022 at marketcap of $2.78M and Whispir got listed on the Australian Securities Exchange (ASX).Here are Openspace Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 11, 2022 | - | - | 3314 | |
Jun 19, 2019 | Sep 19, 2016 | Series A | 7315 |
Acquired companies in Openspace Capital's Portfolio
5 companies from Openspace Capital's portfolio have been acquired. The most recent acquisition was Chope in Jul 2024 by Grab for $*****.Here are Openspace Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 22, 2024 | Jun 30, 2015 | Series C | 8380 | |
Oct 16, 2020 | Feb 13, 2015 | Series A | 6506 | |
Aug 04, 2020 | Apr 21, 2015 | Series A | 1388 | |
Aug 06, 2019 | Jan 25, 2016 | Series A | 3817 | |
Nov 02, 2016 | - | - | 1153 |
Team profile of Openspace Capital
Openspace Capital has a team of 40 members including 9 Partners, 1 Venture Partner and 12 Principals located in Singapore, Indonesia and 2 more locations. Openspace Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Openspace Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Bangkok | - | - | |
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Venture Partner | - | - | ||
Principal | Indonesia | - |
Co-investors of Openspace Capital
Over the past 12 years, 490 investors have co-invested in Openspace Capital's portfolio companies. This includes funds and angels.
- Invested before Openspace Capital: Alpha JWC Ventures, 500 Global and 143 others have invested in rounds before Openspace Capital. There are 5 companies where Alpha JWC Ventures has invested before Openspace Capital and 3 companies where 500 Global has invested before Openspace Capital.
- Top Co-investors of Openspace Capital: 170 investors entered a company along with Openspace Capital. These include investors like Peak XV Partners (3 companies).
- Invested after Openspace Capital: A total of 175 investors have invested in Openspace Capital's portfolio after their investments. Top Investors include MDI Ventures (5 companies), Square Peg Ventures (3 companies) and SIG (3 companies).
Recent News related to Openspace Capital
•
Libeara, Developer of Standard Chartered Group's Tokenization Platform, Raises $13.6 MillionStartup Log•Jun 24, 2026•Libeara, GSR, Openspace Capital, Simsan Ventures and 1 other
•
Eunice Raises $8M in Pre-Seed and Seed FundingFinSMEs•Mar 25, 2026•Eunice, Openspace Capital, Moonfire, Speedinvest
