About Orvel Ventures
Orvel Ventures is a venture capital firm founded in 2022. It is primarily based out of Singapore, Singapore. As of Apr 2026, Orvel Ventures is an active investor, having invested in 38 companies, with 1 new investment 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 Retail and Consumer. Most recently it participated in the $***** Seed round of FORMAS.AI Overall, Orvel Ventures portfolio has seen 1 acquisition, namely Eazy Digital. A lot of funds co-invest with Orvel Ventures, with names like Ascend Angels sharing a substantial percentage of its portfolio. Orvel Ventures has team of 8 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Orvel Ventures' List of Top Investments
Orvel Ventures has a portfolio of 38 companies. Their most notable investments are in BroilerX and Edge Tutors.Their portfolio spans across Singapore, Indonesia, Thailand and 6 more locations. They have invested in Enterprise Applications, Retail, Consumer and 23 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Orvel Ventures:
1. Styched
Internet-first brand offering multi-category fashion products for men and women. The product catalog includes casual wear, ethnic wear, sportswear, merchandise apparel, bottom wear, jackets, sweaters, and accessories like footwear, handbags, and more.
Key facts about Styched
2. Eazy Digital
Provider of software solutions for insurance intermediaries. It offers a platform for financial products that allow the management of customer referral program, and user engagement, as well as a financial product wallet.
Key facts about Eazy Digital
- Founded Year: 2022
- Location: Bangkok (Thailand)
- Stage: Acquired
- Total Funding till date: $1.85M
- Employee Count: 6 as on Aug 31, 2026
- Investors: Wavemaker Partners, MVP and 6 Others
- Latest Funding Round: Seed, Oct 12, 2023, $*****
- Highlight: Acquired
3. Decube
Provider of a platform offering a suite of business intelligence solutions. It is a collaborative platform for data lineage, cataloging, data quality management, and more. It also provides solutions such as data discovery, data observability, governance, etc.
Key facts about Decube
- Founded Year: 2022
- Location: Kuala Lumpur (Malaysia)
- Stage: Seed
- Total Funding till date: $5M
- Employee Count: 45 as on Jul 31, 2026
- Investors: 500 Global, Iterative and 3 Others
- Latest Funding Round: Seed, Jan 28, 2026, $*****
- Highlight: Editors' Pick
4. Charter
Developer of systems engineering solutions for satellites. It supports space companies with systems engineering and acquiring insurance. Its features requirements management, test management, diagrams, trade analysis, and project and schedule management.
Key facts about Charter
- Founded Year: 2021
- Location: El Segundo (United States)
- Stage: Series A
- Total Funding till date: $8.98M
- Employee Count: 38 as on Aug 31, 2026
- Investors: QED Investors, Hustle Fund and 8 Others
- Latest Funding Round: Seed, Sep 30, 2026, $*****
5. EVO
Provider of social platform for businesses. The solution help influencers and live-streamers to optimize the back-office operations and allowing them to sell products to online customers. Its solution offerings include ordering management, payments, reconciliation, inventory management, discount management, and more. It also helps brands and merchants to connect with influencers directly through the platform.
Key facts about EVO
- Founded Year: 2019
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $4.7M
- Employee Count: 32 as on Aug 31, 2026
- Investors: 33 Capital, GSR Ventures and 22 Others
- Latest Funding Round: Seed, Aug 07, 2024, $*****
- Highlight: Editors' Pick
Orvel Ventures' Year-on-Year Investment Trends
Orvel Ventures has invested in 38 companies over the last 4 years, with an average of 4 new investments annually in the last 3 years. In 2025, it made 4 investments, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in FORMAS.AI and most recent follow-on round was in Baskit.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 3 | 1 | 4 |
2024 | 5 | 1 | 6 |
2023 | 8 | 0 | 8 |
2022 | 1 | 0 | 1 |
Orvel Ventures' Investments by Stage
Orvel Ventures has made 14 investments in Seed stage with an average round size of $2.37M and 4 investments in Series A stage with an average round size of $5.24M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 4 |
Note: We have considered here, only first round of investments
Orvel Ventures' Investments by Sector
Orvel Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Environment Tech and Food and Agriculture Tech. Notably, it has invested in 30 Tech companies, 21 Enterprise (B2B) companies, 18 Software companies and at least 14 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
Consumer | 3 |
FinTech | 3 |
Environment Tech | 2 |
Food and Agriculture Tech | 2 |
Others | 23 |
Note: We have considered here, only first round of investments
Orvel Ventures' Investments by Geography
Orvel Ventures has made most investments in Singapore (7), followed by Indonesia where it has made 5 investments.Country | No. of Investments |
|---|---|
Singapore | 7 |
Indonesia | 5 |
Thailand | 2 |
Australia | 1 |
Bangladesh | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Orvel Ventures' recent investments
Orvel Ventures has made 2 investments in 2026 so far - FORMAS.AI and Baskit.Here are the most recent investments by Orvel Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 30, 2026 | Singapore | Seed | 5147 | [+2] | |
Apr 15, 2026 | Indonesia | Series A | 1481 | [+2] | |
Jun 11, 2025 | Singapore | Seed | 7573 | [+1] | |
May 06, 2025 | Indonesia | Series A | 7882 | ||
Apr 29, 2025 | Australia | Seed | 6367 |
Acquired companies in Orvel Ventures' Portfolio
1 company from Orvel Ventures' portfolio has been acquired. The most recent acquisition was Eazy Digital in Jul 2026 by Igloo for $*****.Here are Orvel Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | Oct 12, 2023 | Seed | 5160 |
Team profile of Orvel Ventures
Orvel Ventures has a team of 8 members including 5 Partners and 2 Venture Partners located in Singapore. Orvel Ventures' team sits on the board of 1 company.Here is a list of all team members in Orvel Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | - | - | - | |
Venture Partner | Singapore | - | - | |
Venture Partner | - | - | - |
Co-investors of Orvel Ventures
Over the past 4 years, 131 investors have co-invested in Orvel Ventures's portfolio companies. This includes funds and angels.
- Invested before Orvel Ventures: Wavemaker Partners, Wing Vasiksiri and 42 others have invested in rounds before Orvel Ventures. There is 1 company where Wavemaker Partners has invested before Orvel Ventures and 1 company where Wing Vasiksiri has invested before Orvel Ventures.
- Top Co-investors of Orvel Ventures: 63 investors entered a company along with Orvel Ventures. These include investors like Ascend Angels (5 companies).
- Invested after Orvel Ventures: A total of 24 investors have invested in Orvel Ventures's portfolio after their investments. Top Investors include Golden Equator Capital (1 company), Korea Investment Holdings (1 company) and Kaya Founders (1 company).
Recent News related to Orvel Ventures
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Singapore's FORMAS.AI Raises $3.98M Pre-Seed to Revolutionize AI-Powered Design in ConstructionBEAMSTART•Apr 29, 2026•Vertex Ventures, FORMAS.AI, UntroD, Orvel Ventures and 1 other
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Sunnova Files for Bankruptcy, Plans to Sell and Wind Down OperationsUtility Dive•Jun 11, 2025•Investbanq, Constructor Capital, Orvel Ventures
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AppWorks joins $7m series A for ID waste startup RekosistemTech in Asia•May 06, 2025•Rekosistem, Saratoga Investama Sedaya, K3, Skystar Capital and 3 others
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To Accelerate Healthcare Market And Ai In Southeast Asia, Thailand’s Hd Hd Raised $7.8 M Series A FundingIncubees•Mar 06, 2025•HD, Merck Sharp & Dohme, SBI Ven Capital, M Venture Investment and 8 others
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Philippine Edtech Firm Edge Tutor Raised $1 M Pre-a FundingIncubees•Mar 06, 2025•Edge Tutors, Orvel Ventures, Kaya Founders, MVP and 3 others
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EDGE Tutor receives $1 million in Pre-A round of financingJinglingshuju•Feb 27, 2025•Edge Tutors, Seaborne Capital, MVP, Kaya Founders and 3 others
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Online tutoring firm Edge Tutor secures $1m pre-series ATech in Asia•Feb 20, 2025•Edge Tutors, Seaborne Capital, MVP, Orvel Ventures and 4 others
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Clout Kitchen lands US$4.45M funding to expand its AI game companion ‘Backseat AI’e27•Oct 03, 2024•Clout Kitchen, Orvel Ventures, Founders Launchpad, Hustle Fund and 6 others
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D2C personal care product startup Evo Commerce bags U$2.1M to expand retail touchpointse27•Aug 07, 2024•EVO, IJK, Octave Well-Being Economy Fund, Orvel Ventures and 2 others
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Tiger New Energy's Battery Swapping Technology Receives US$3.5M PushWavemaker Partners•Jun 24, 2024•Wavemaker Partners, ADB Ventures, Tiger New Energy, Asian Development Bank and 5 others
