
Golden Gate Ventures
Description
Golden Gate Ventures is a prominent Southeast Asian venture capital firm established in 2011, headquartered in Singapore. Founded by Silicon Valley veterans Vinnie Lauria, Jeffrey Paine, and Paul Bragiel, the firm has played a significant role in fostering the region's burgeoning tech ecosystem. They primarily focus on early-stage internet and mobile startups, spanning from Seed to Series B rounds, aiming to back companies with strong teams and scalable business models poised for regional and global impact.
Over the past decade, Golden Gate Ventures has demonstrated consistent growth in its investment capacity. The firm has successfully raised and deployed four funds, with their latest, Fund IV, closing at a substantial $200 million in 2022. This brings their total assets under management to over $370 million across all funds, reflecting their deep commitment and expanding influence in the Southeast Asian startup landscape. Their capital deployment strategy often involves leading or co-leading investment rounds, providing crucial early-stage funding to promising ventures.
The firm's investment strategy is characterized by an initial check size ranging from $1 million to $5 million, with a willingness to provide significant follow-on capital as their portfolio companies grow. Golden Gate Ventures boasts a diverse portfolio of over 60 companies, including regional success stories like Carousell, Coda Payments, and Xendit. They have also achieved notable exits, such as the acquisition of App Annie by Data.ai, RedMart by Lazada (Alibaba), and GoQuo by Traveloka, underscoring their ability to identify and nurture high-potential startups towards successful liquidity events. Beyond capital, Golden Gate Ventures provides strategic guidance, operational support, and access to an extensive network, leveraging their founders' deep industry experience to help portfolio companies navigate the complexities of scaling in Southeast Asia.
Investor Profile
Golden Gate Ventures has backed more than 56 startups, with 4 new investments in the last 12 months alone. The firm has led 13 rounds, about 23% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Singapore, Indonesia, United States.
- Strong thematic focus on FinTech, Financial Services, E-Commerce.
- Led 3 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (43%)
- Series A (30%)
- Series B (11%)
- Series Unknown (4%)
- Pre Seed (4%)
- Angel (2%)
- Debt Financing (2%)
- Series D (2%)
- Series F (2%)
- Series C (2%)
Country Focus
- Singapore (32%)
- Indonesia (25%)
- United States (13%)
- Vietnam (13%)
- Pakistan (4%)
- Taiwan (2%)
- Japan (2%)
- United Kingdom (2%)
- Philippines (2%)
- Portugal (2%)
Industry Focus
- Fintech
- Financial Services
- E-commerce
- Software
- Payments
- Internet
- Finance
- Marketplace
- Mobile
- Apps
Frequently Asked Questions
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