Golden Gate Ventures
Private Limited | |
Industry | Venture Capital |
Founded | 2011 |
Founder | Vinnie Lauria, Jeffrey Paine, Paul Bragiel |
Headquarters | Singapore, San Francisco |
Area served | Southeast Asia, Hong Kong, Taiwan, North America |
Website | http://www.goldengate.vc/ |
Golden Gate Ventures is a venture capital firm founded by Vinnie Lauria, Jeffrey Paine, and Paul Bragiel. The company has offices in Singapore and San Francisco and invests in early-stage internet related companies.
Founding and Partners
In late 2011, Vinnie Lauria, Jeffrey Paine, and Paul Bragiel launched a $10 million venture capital fund to invest in early-stage technology companies in Southeast Asia.[1][2] The initial fund drew commitments from angel investors in Silicon Valley and Asia, especially Japan.[3] In addition to making investments, Golden Gate Ventures hosts events such as SuperHappyDevHouse, WalkAbout Singapore, FailCon Singapore, Founders in the Bay, Social Innovation Camp Asia (Kuala Lumpur) and OpenCoffee Club-Singapore.[4][5]
Golden Gate Venture investors include Dave McClure (500 Startups), Aaron Patzer (Mint.com), Russel Simmons (Yelp.com) and Darius Cheung (tenCube.com).[6]
In 2015, Golden Gate Ventures launched a $50 million second fund with investors including Temasek and Eduardo Saverin,[7]
Investment Philosophy
The firm invests in early-stage start-ups that already have launched products and validated market traction in Southeast Asia, Taiwan and Hong Kong. In addition to these areas, the partners invest in companies where they can add value. As of end 2013, the firm has invested in over 15 companies. Golden Gate Ventures' investments span consumer Internet, mobile, infrastructure and Software as a Service.[8]
The firm has been accredited as a Technology Incubation Scheme (TIS) incubator by Singapore’s National Research Foundation since March 2012.[9]
A notable investment of the firm, RedMart, closed US$5.4M in funding, from notable Facebook.com co-founder, Eduardo Saverin.[10]
Portfolio Companies
- Ayannah (Sendah)[11]
- Coda Payments[12]
- Nitrous.io[13]
- Redmart[14]
- Tradegecko[15]
- Waygo[16]
- Carousell[17]
- Lenddo[18]
- Noonswoon[19]
- Angellist[20]
See also
References
- ↑ Harper, Justin (29 February 2012). "Singapore 'the next Silicon Valley'". Telegraph UK. Telegraph UK.
- ↑ Limongello, Tom (21 July 2012). "What Is Singapore's Role in the Asian Tech Ecosystem". Pando Daily. Pando Daily.
- ↑ Eaton, Kit. "THE SILICON VALLEYS OF THE WORLD: ASIA EDITION". Fast Company. Fast Company.
- ↑ "Visit your favorite Singapore startups on 11 May". E27. E27. 1 May 2012.
- ↑ ASEANSTARTUP (8 May 2013). "[Singapore] Walkabout Singapore". ASEANSTARTUP. ASEANSTARTUP. Retrieved 28 June 2013.
- ↑ "Golden Gate Ventures's Vinnie Lauria on nurturing talent from Southeast Asia's startup scene". The Next Web. The Next Web. 9 July 2012.
- ↑ "Golden Gate Ventures unwraps S$68.5m fund for South-East Asia". Channel News Asia. Channel News Asia. 30 July 2015.
- ↑ Puno, Nick (12 February 2012). "Startup Incubator Launches in Singapore, Invites Applicants". TechWireAsia. TechWireAsia.
- ↑ "NRF SELECTS EIGHT MORE TECHNOLOGY INCUBATORS TO MENTOR HIGH TECH START-UPS IN SINGAPORE." (PDF). National Research Foundation, NRF. National Research Foundation, NRF. 9 March 2012.
- ↑ Shu, Catherine. "Singapore Online Grocer RedMart Raises $5.4M From Investors Including Facebook Co-founder". TechCrunch. Retrieved 30 January 2014.
- ↑ "Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round". TechCrunch. TechCrunch. 18 June 2013.
- ↑ "Golden Gate Ventures Scores a Triple Turkey: Coda Payments, RedMart, and TradeGecko". Tech In Asia. Tech In Asia. 18 Dec 2012.
- ↑ O'Dell, Jolie (16 April 2013). "Nitrous.io closes a quick $1M round for a seriously cool web-based IDE". VentureBeat. VentureBeat.
- ↑ "The bridge opens, Golden Gate Ventures invests in TradeGecko, RedMart, Coda Payments". SGE. SG Entrepreneurs. 18 December 2012.
- ↑ "Singapore-based Inventory Management Startup TradeGecko Rescues SMBs From Spreadsheet Hell". TechCrunch. TechCrunch. 23 December 2012.
- ↑ "Waygo tears down language barriers with instant visual translation app (exclusive)". VentureBeat. VentureBeat. 15 July 2013.
- ↑ "Marketplace Carousell raises 800k funding". Tech In Asia. Tech In Asia. 13 November 2013.
- ↑ "Lenddo 6 million funding expand Southeast Asia". Tech In Asia. Tech In Asia. 16 October 2013.
- ↑ "Dating app Noonswoon swooning Southeast asia 400k funding". Tech In Asia. Tech In Asia. 24 September 2013.
- ↑ "Waygo tears down language barriers with instant visual translation app (exclusive)". VentureBeat. VentureBeat. 23 September 2013.