Openspace Ventures makes investments in early-stage technology companies based in Southeast Asia.
Our typical investments are at Round A or B stage, where revenue traction is building and capital is required to drive rapid growth. Our existing portfolio covers B2C and B2B technologies who are accessing local, regional and global markets.
Openspace Ventures has more than US$225 million assets under management from a range of global and regional institutional investors. It is currently deploying capital from its second fund.
Our founding partners have been involved in creating, scaling and exiting companies throughout the Asia-pacific region. We combine a diverse skillset from entrepreneurship, product marketing, operational management, technology strategy, deal making and capital raising. Entrepreneurs can rely on our experience, and our commitment, to help them navigate the choppy waters of building a winning tech startup.
Leverage Our Network
No single person or small group has all the answers. Deep insights and ultra- granular assistance to solve issues is crucial to our entrepreneur’s success (and our investors’ outcomes). We facilitate and embed access to a trusted group of advisors across geographic, vertical and horizontal skillsets. With our extensive network we will open the doors to potential customers and partners.
Local, Regional, Global
We are based in Singapore and focused on Southeast Asia. Our investors agree with our view on the region’s unique investment potential. Our aim is to back and build a new wave of technology leaders from the region. We can access local, regional and global resources to help make this happen.
Sector-agnostic, Leader-specific
No technology sub-sector or thesis dominates our plan. By having a diversified portfolio there is a great chance for our entrepreneurs to work and grow together. But we do aim to back the best talent, with the strongest models, and ahead-of-the-pack traction every time we invest.
Think as a Team
Our entrepreneurs are our closest partners. When we develop our termsheets, we listen to what matters and aim to build the foundations for real teamwork. When we manage companies, we address risks and seize opportunities together.
Get Ahead of the Issues
Our experiences tells us there will be bumps and even quicksand to go along with the occasional open expressway. We need to build an all-terrain vehicle. You should explore new opportunities while an existing business is on fire. Talent should be found a job, not searched for when there is a vacancy. Governance should be IPO-able quality. It is never too early to identify more capital.
Having Openspace on board gives me the chance to benefit their track record in areas such as insurance, payments and banking and a growth portfolio across Southeast Asia. At the same time, Shane and Hian have extensive experience dealing with rapid growth tech startups – it’s a rare combination
Rosaline Koo (CEO of CXA Group)
Shane and the team at Openspace have been active and value-add investors as we scaled – its great to be part of their family
Jonathan Sudharta (CEO of Halodoc)
Openspace is rare in that they have deep experience in both entrepreneurship and finance. Most importantly they knew when to step in and support during the rocky moments in our early days, and when to step back and let us run. Today they're still the first investors we call when we need to thrash out ideas or share good news!
