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Meet the 15 companies across Southeast Asia that we're excited about.
Fundraising is slow right now. My hunch is fundraising both will pick up in the second half of this year. Here's why.
Interestingly enough, 'product market fit' is a term often used by founders starting out but almost never by more experienced founders. Why?
Product market fit has no set definition - how are investors in Southeast Asia defining it?
Tessa Wijaya is the Co-Founder and COO of Xendit, a leading payment gateway in Indonesia, the Philippines, and Southeast Asia. Xendit became a unicorn in 2021, making Tessa the only female unicorn founder in Indonesia.
Get excited to meet our sixth batch of companies for Winter 2023.
How do you get to 100 *paying* customers? We asked three of our Iterative founders, and here were their answers.
Sia is the co-founder of Tranglo in 2008, a payment processing company that powers the last-mile cross-border payout for various banks and fintechs globally. In 2021, Ripple purchased a 40% stake in Tranglo for an undisclosed amount.
Before Iterative, Sylvia was the co-founder of Omnilytics, a retail insights platform. At Omnilytics, Sylvia led Customer Success, growing NRR to >100% and serving global clients like Uniqlo, Lenzing, and Lidl.
We're excited to welcome back Jessica Chao and Shawn Low, and welcome Chinmay Chauhan, Sylvia Yin, Tessa Wijaya and YC Ng!
Shawn Low was the co-founder and Head of Operations at Better.com, a homeownership platform integrating mortgage lending, real estate services and insurance. Better.com has raised over $905M and valued at over $6B.
Founders of Decide.com (acquired by eBay) are starting a YC-style accelerator in Southeast Asia and investing USD $150K into every startup that's accepted.
He took a chance on four young college students with a poor idea and a lot of passion. Sometimes what people need the most is reinforcement that they can do something great and a kick in the right direction. With Iterative, we hope to be able to accomplish something similar with our batches.
Partner at AC Ventures, oversees the SE Asia Mobility Fund. Was the co-founder of Rukita, where he scaled the company to its first $3M revenue. He's also the Visiting Parter for Iterative's W23 batch.
Chinmay Chauhan is the co-founder of BukuWarung (YC S20). He raised $80M in funding and grew the organisation to 400 people. He's also a Visiting Partner for Iterative's W23 batch.
We've asked some of our portfolio founders on their experiences doing office hours during their time in the batch - and what they've learned.
Kum Hong is a business leader, GM and angel investor. He spent 10 years at Airbnb, starting as the APAC General Counsel before transitioning to run business and operations as the APAC Regional Director in 2017. Three years later, he was appointed as COO for Airbnb China.
In three short months we met with 200 founders from all over Southeast Asia and narrowed it down to the eight startups you see here. We've also included a short blurb on why we're thrilled to have them as a part of our program.
For a startup to be successful, it needs to be solving an important problem.
What do we look for when deciding to invest in startups?
The most important thing for a startup, and by extension the engineers at the startup, is iteration speed.
Here are the 3 questions I ask myself when trying to answer this question and what to do about it.
A year ago, I wrote our first Request for Startups - and I'm revisiting the themes again to see what I got right or wrong.
A common question we get is: “Which is more important in fundraising: a strong story or strong traction?” But what is a strong story and strong traction — and why are they important?