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AppWorks partners with e27 to help startups build investor network

We are thrilled to announce that we are working with AppWorks to provide startups with access to e27 Pro.

Founded in 2009, AppWorks is a startup founder community and venture capital firm built by founders, for founders. AppWorks Accelerator, the renowned 6-month free accelerator program, admits 30 – 40 AI, Blockchain, and Southeast Asia startups per batch from across the region and boasts 414 active startups and 1,396 founders in its alumni network. Collectively, all companies produce a turnover of US$ 12.9B, an annual increase of 124% compared to the same time last year, and provide 18,591 jobs, 24% more than the year prior. Altogether, the Ecosystem raised a total of US$ 4.3B, an annual increase of 221%, with an aggregate valuation reaching US$ 17.4B, growing 231% YoY. 

As a VC, AppWorks manages 3 funds at US$ 212 million. It invests in 20 deals a year, now with 70+ companies in its portfolio, including leading startups in such as Lalamove, Dapper Labs, 91APP, Animoca Brands, Carousell, ShopBack, Tiki, 17LIVE, and KKday, while having produced 5 IPOs, 3 IEOs, 1 hectocorn, 2 decacorns, and 4 unicorns.

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“AppWorks is all about founders. Our mandate is to build a startup founder community to help speed up their growth. It matches our long term goal to collaborate with the network of e27 Pro,” said Joy Chiang, Alumni Community Manager of AppWorks, “The one principle where we start any initiative at AppWorks is to always put founders first.”

“We understand that raising from VCs is always challenging for startups, especially since the industry info and contacts to VCs are not as accessible for most of them. We want to help solve this problem. Working with e27 to build this platform is a good start,” said Chiang.

With its commitment to fostering a strong ecosystem, AppWorks supports a diverse array of startups hoping to push for business growth. Here are some of the startups from AppWorks’ previous accelerator cohorts that are also on e27.

  1. Portto – is a blockchain technology company dedicated to making blockchain simple so everyone can use it without hassle.
  2. Xfers –  aims to accelerate financial access within Southeast Asia by enabling businesses to accept payments and send money. 
  3. Glints – bridges the gap between education and employment by being a professional platform for young people focused on career discovery and development.
  4. Mighty Jaxx – is an award-winning future culture company that designs and manufactures collectibles and lifestyle products.
  5. Sendjoy is a platform where everybody can book personalised celebrity video messages to surprise their loved ones. 
  6. Docosan lets you compare doctors and dentists across specialties, book appointments 24/7, and take control of your own health data.
  7. Abivin – provides AI-powered Supply Chain Optimization solutions for enterprises.
  8. Partipost is a crowd marketing platform that allows brands to engage micro-influencers to generate authentic content through social media.
  9. Worth The Health (WTH) Foods – is a plant-based alternative protein company that uses local, sustainable ingredients to create plant-based versions of processed meat products that Southeast Asians love.
  10. AsiaYo–  is the most intimate Asian booking guide, offering more than 60,000 listings in 60 cities in Taiwan, Japan, Korea, Thailand and Hong Kong.

Opportunities to build your investor network

Over the past couple of months, we have served over 5,000 connections between startups and investors through e27 Pro’s Connect feature.

In this new normal, there is a distinctive lack of ability for different parts of the Southeast Asia tech ecosystem to reach out to each other.

We used to have thousands of offline activities happening monthly, connecting various local and regional ecosystems, connecting startups, corporates, governments, and investors. Even our very own Echelon used to bring in more than 10,000 people over two days to achieve these meaningful, often serendipitous, connections.

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This is a real pain, especially if you are new to the ecosystem and do not have existing networks that can introduce you to new ones. Online webinars and conferences seem to alleviate this issue temporarily, but we find that the startup ecosystem requires more.

e27’s mission has always been to empower entrepreneurs with the tools to build and grow their companies. With e27 Pro, we’re going back to our roots and helping startups with their fundraising by providing a platform that allows not only discovery but a tool to begin conversations with investors and update them on their progress.

With over 390 verified active investors on the platform, e27 Pro members have in their reach the ability to find, connect, and engage with investors that are right for them (not a Pro member yet? Start here).

Get the chance to connect with AppWorks

AppWorks is onboard e27 Pro, and members can reach out directly to them via Connect.

Any e27 Pro member can simply visit AppWorks’ profile and click the Connect button to get the ball rolling.

The post AppWorks partners with e27 to help startups build investor network appeared first on e27.