Monk’s Hill Ventures
Monk's Hill Ventures is a Singapore-based Series A venture capital firm founded in 2014, investing in technology startups across Southeast Asia including logistics, healthcare, fintech, and SaaS, while operating ecosystem initiatives such as the Angsana Council and SEA Connect.
- Company typePrivate
- Founded2014
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Monk’s Hill Ventures does
Monk's Hill Ventures is a Singapore-based venture capital firm founded in 2014 that invests at the Series A stage in technology companies across Southeast Asia. The firm provides growth capital alongside strategic guidance, operational support, and regional network access to founders building companies intended to scale across Singapore, Indonesia, Vietnam, the Philippines, Malaysia, and Thailand. Its stated thesis targets 'ambitious tech founders' whose products can transform millions of lives, with a documented portfolio spanning logistics (Ninja Van), HR-tech (Glints), healthcare (NOVI Health, Ordinary Folk), insurtech (Saladin), enterprise SaaS (CrediBook, Padlet, Radiant1), fintech (iPiD, Libeara), fertility health (twoplus Fertility), and aquaculture technology (DELOS).
The firm operates a traditional venture capital revenue model, generating management fees on committed capital supplemented by carried interest from successful portfolio exits and equity returns from direct fund investments. Deal sourcing is concentrated through warm network introductions, with the firm explicitly stating this is the 'best (and fastest) way to reach us.' Beyond direct investment, Monk's Hill Ventures has built three ecosystem initiatives: the Angsana Council (a 2022-founded non-profit for regional economic advocacy), SEA Connect (a community for Southeast Asian students and entrepreneurs launched in 2023), and the MHV Scouts Program (an ESG-aligned talent and deal-sourcing pipeline). The firm formalized an ESG framework in 2021, published its inaugural Impact and ESG Report in 2024, and became the first Southeast Asian early-stage fund manager to join the ESG Data Convergence Initiative. It also produces proprietary research, most notably the Southeast Asia Outlook 2024-2034 co-authored with Bain & Company and DBS.
Leadership is led by co-founders and managing partners Peng T. Ong and Kuo-Yi Lim, with Susli Lie serving as Partner and ESG Lead and Ali Darwish heading corporate development. The firm is headquartered at 1 George Street in Singapore's central business district and maintains an 11-50 person team spanning 12 nationalities, with 63% women in the workforce and 53% women in leadership including at partner level.
Monk’s Hill Ventures firmographics
Firmographics- Name
- Monk’s Hill Ventures
- Legal name
- Monk's Hill Ventures Pte. Ltd.
- Website
- https://monkshill.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Monk's Hill Ventures is a Singapore-based Series A venture capital firm founded in 2014, investing in technology startups across Southeast Asia including logistics, healthcare, fintech, and SaaS, while operating ecosystem initiatives such as the Angsana Council and SEA Connect.
- Ownership category
- akta.pro rank
Monk’s Hill Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940), Other Financial Vehicles (525990)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Venture Capital Fundraising Placement (FSAEALAC)
Keywords
Where Monk’s Hill Ventures is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Monk’s Hill Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Management Fees: Venture capital firms typically charge management fees on committed capital, typically 2% of assets under management annually, to cover operational expenses.
- Carried Interest (Performance Fees): Venture capital generates carried interest from successful portfolio exits, typically 20% of profits above the hurdle rate, representing the primary upside for fund managers.
- Investment Returns: Returns from equity ownership in portfolio companies through fund investments, realized through IPOs, acquisitions, or secondary sales.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Monk’s Hill Ventures product offering
Product offeringCore offering
Monk's Hill Ventures provides Series A venture capital investment to Southeast Asia's most ambitious technology founders, serving as their first institutional investor. Beyond capital, the firm delivers strategic guidance, operational support, regional network access, and follow-on funding connections to portfolio companies. The firm is complemented by ecosystem initiatives such as SEA Connect and the Angsana Council, which reinforce deal sourcing and thought leadership across the region.
Product overview
Monk's Hill Ventures operates as a Southeast Asia-focused Series A venture capital firm that offers investment services to tech founders rather than a traditional product company. The firm's core offering centers on providing capital and strategic support to early-stage technology companies. Beyond direct investment, the firm extends its impact through several complementary initiatives: SEA Connect provides mentorship and networking for Southeast Asian students and entrepreneurs; The Angsana Council drives regional economic growth advocacy; the MHV Scouts Program supports ESG objectives; and the Content Hub publishes thought leadership content. The firm also produces proprietary research including the Southeast Asia Outlook 2024-2034 Report (co-authored with Bain & Company and DBS), the Impact and ESG Report, and the Southeast Asia Startup Talent Trends Report.
Differentiator
Problem solved
Functional benefit
Brands
- SEA Connect: A vibrant community of young leaders composed of Southeast Asians and global enthusiasts, united in dedication to transforming Southeast Asia through technology and entrepreneurship. Spearheaded by Monk's Hill Ventures, this initiative empowers undergraduate and graduate students, young professionals, and aspiring entrepreneurs.
- Angsana Council
- MHV Scouts
Products and services
- Series A Venture Capital Investment Series A equity investment and value-add support (strategic guidance, operational support, talent and network access, follow-on funding connections) provided to ambitious Southeast Asian technology founders building companies with the potential to transform industries and impact millions of lives.
Quantifiable outcome
- 75 million lives impacted by portfolio companies
- +3 more outcomes
Companies that use Monk’s Hill Ventures
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles1 record
Monk’s Hill Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Monk’s Hill Ventures partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered strategic and core.
- ESG Data Convergence Initiative (EDCI)strategicMonk's Hill Ventures is the first Southeast Asian early-stage fund manager to become a member of EDCI, a voluntary industry body numbering 350+ GPs and LPs worldwide to drive convergence on ESG disclosures and implementation for private fund managers. This membership underscores their commitment to ESG principles and positions them as regional leaders in sustainable investing.
- Bain & CompanycoreMonk's Hill Ventures co-authored the Southeast Asia Outlook 2024-2034 report with Bain & Company and DBS. This partnership provides proprietary market research and positions MHV as a thought leader in the region while providing valuable economic insights for investment decision-making.
- DBS BankcoreJoint publication of Southeast Asia Outlook 2024-2034 report with Monk's Hill Ventures and Bain & Company, providing comprehensive economic analysis of the region's top six economies and growth projections.
- Angsana CouncilcoreFounded in 2022, the Angsana Council is a non-profit group committed to increasing growth and prosperity of Southeast Asian businesses. Led by trustees including MHV's Peng T. Ong, Charles Ormiston (Bain & Company), Mr. George Yeo (former Singapore Cabinet Minister), and others. Focuses on dialogues with entrepreneurs, policymakers, and change agents.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Monk’s Hill Ventures competitors and assessment
Company assessmentDirect peers
- B Capital Group: Global VC with strong Southeast Asia presence and Bain & Company affiliation. Co-invested with MHV in Ninja Van's 2025 round; comparable as a multi-stage investor with SEA focus.
- Quest Ventures: Singapore-headquartered early-stage VC focused on Southeast Asia. Comparable regional specialist with similar Series A focus and founder-support orientation.
- Wavemaker Partners: US-Asia early-stage VC with dedicated Southeast Asia fund. Comparable as a Series A specialist focused on enterprise and tech-enabled services across SEA.
- East Ventures: Indonesia-headquartered early-stage VC investing across Southeast Asia. Comparable as a leading SEA-focused fund manager with broad sector exposure and similar stage focus, though larger AUM and broader stage range.
- Openspace Ventures: Singapore-headquartered early-stage VC investing in Southeast Asian tech companies. Comparable as a Series A-focused SEA specialist with similar fund size and stage discipline.
- Jungle Ventures: Singapore-based VC investing across Southeast Asia at Series A and beyond. Directly comparable regional specialist with strong portfolio of category leaders and similar founder-focused thesis.
- Golden Gate Ventures: Singapore-headquartered early-stage VC focused on Southeast Asia. Directly comparable as a fellow SEA-focused Series A specialist; co-invested alongside MHV in Acceler8's seed round.
- SBI Ven Capital: Southeast Asia-focused venture capital arm of Japan's SBI Group. Led Saladin's Series A round with MHV participating; comparable as a regional growth-stage investor with SEA focus.
Regional players
- AC Ventures: Indonesia-focused early-stage VC. Comparable in SEA tech investing but primarily concentrates on Indonesian market, making it a regional rather than pan-SEA peer.
Broad incumbents
- Peak XV Partners (formerly Sequoia Capital India/SEA): Large global VC with significant Southeast Asia operations. Comparable as a co-investor in Saladin's Series A round; much larger fund size and broader stage range makes it a broad incumbent rather than direct peer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Monk’s Hill Ventures social profiles
Digital presenceMonk’s Hill Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monk’s Hill Ventures leadership team
Management profileNumber of profiles
Profiles4 records
Monk’s Hill Ventures subsidiaries and ownership
Company hierarchySubsidiaries3 records
Monk’s Hill Ventures funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monk’s Hill Ventures M&A and investment
M&A and investmentM&A
Investments89 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monk’s Hill Ventures
What does Monk’s Hill Ventures do?
Monk's Hill Ventures provides Series A venture capital investment to Southeast Asia's most ambitious technology founders, serving as their first institutional investor. Beyond capital, the firm delivers strategic guidance, operational support, regional network access, and follow-on funding connections to portfolio companies. The firm is complemented by ecosystem initiatives such as SEA Connect and the Angsana Council, which reinforce deal sourcing and thought leadership across the region.
Is Monk’s Hill Ventures a public or private company?
Monk’s Hill Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Monk’s Hill Ventures founded?
Monk’s Hill Ventures was founded in 2014. It employs 11 to 50 people.
Where is Monk’s Hill Ventures based?
Monk’s Hill Ventures is headquartered in Singapore, Singapore, in the Asia region.
How does Monk’s Hill Ventures make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are carried Interest (Performance Fees) and investment Returns.
Who are Monk’s Hill Ventures's main competitors?
Direct peers on record are B Capital Group, Quest Ventures, Wavemaker Partners, East Ventures, Openspace Ventures, Jungle Ventures, Golden Gate Ventures and SBI Ven Capital. AC Ventures is listed as a regional player. Peak XV Partners (formerly Sequoia Capital India/SEA) is listed as a broad incumbent.
Does Monk’s Hill Ventures have an API?
No public API is recorded for Monk’s Hill Ventures.
What industry is Monk’s Hill Ventures in?
Monk’s Hill Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSAEALAC, Venture Capital Fundraising Placement. Its NAICS code is 523 and its SIC code is 6211.