
AC Ventures
Description
AC Ventures is a prominent early-stage technology venture capital firm based in Jakarta, Indonesia, specializing in digital disruptors within the Indonesian market. Formed from the merger of ACV and Indies Capital Partners' venture arm in 2020, the firm quickly established itself as a key player in the archipelago's burgeoning startup ecosystem. Their investment thesis centers on identifying and nurturing companies that leverage technology to solve pressing local challenges and capitalize on Indonesia's vast digital economy potential.
AC Ventures primarily targets companies from Seed to Series A stages, providing not just capital but also strategic guidance, operational support, and access to a robust network. The firm is known for its hands-on approach, assisting portfolio companies with talent acquisition, market expansion, and follow-on fundraising. They focus on sectors such as fintech, e-commerce, logistics, agriculture tech, and SaaS, reflecting the diverse opportunities within Indonesia's digital transformation. Their commitment extends beyond initial funding, often participating in subsequent rounds to support their portfolio's growth trajectory.
With over $400 million in assets under management, AC Ventures has built an impressive portfolio of over 140 companies. This extensive reach underscores their significant influence on Indonesia's startup landscape. Notable investments include market leaders like Xendit, a payment gateway unicorn; Stockbit, a leading investment platform; and Shipper, a logistics and fulfillment provider. The firm's strategic investments have contributed to the creation of several unicorns and decacorns, demonstrating their ability to identify and scale high-potential ventures that drive economic growth and digital inclusion across Indonesia.
Investor Profile
AC Ventures has backed more than 64 startups, with 8 new investments in the last 12 months alone. The firm has led 17 rounds, about 27% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in Indonesia, Singapore, India.
- Strong thematic focus on Financial Services, FinTech, Information Technology.
- Led 6 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Series A (41%)
- Seed (23%)
- Series B (19%)
- Pre Seed (9%)
- Series C (3%)
- Series Unknown (3%)
- Undisclosed (2%)
Country Focus
- Indonesia (75%)
- Singapore (9%)
- India (6%)
- United States (3%)
- Malaysia (3%)
- Thailand (2%)
- Australia (2%)
Industry Focus
- Financial Services
- Fintech
- Information Technology
- Software
- E-commerce
- Internet
- Small And Medium Businesses
- Lending
- Supply Chain Management
- Peer To Peer
Frequently Asked Questions
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