East Ventures is the Most Consistent Top Performing Venture Capital in the World
19 August 2019
Indonesia, August 19, 2019 – In their latest report, Preqin named East Ventures as the “Most Consistent Top Performing Venture Capital Fund Managers” in the world.
This research shows that three of East Ventures’ investment funds perform better than other global venture capital companies and make it to the top quartile.
This title sets East Ventures, VC from Indonesia, on a par with other large venture capital companies in the United States and Hong Kong. East Ventures is also the only venture capital company from Southeast Asia to get the prestigious title.
The title is significant as it affirming the position of the startup ecosystem in Indonesia and Southeast Asia as a promising and mature market.
Graph source: Institutional Investor
Preqin is an international company that provides financial data and information about alternative asset markets, such as Private Equity, Venture Capital, Hedge Funds, and others. This report was prepared by the Preqin’s research team which collects data and information throughout the world.
To asses the best venture capital company in the report, Preqin collects IRR (Internal Rate of Return) performance data from all venture capital companies in the world. IRR itself is a metric used to estimate the profits provided by the VC to their investors (LP). The performance of the IRR is then divided into groups, and the VCs with the best IRR performance will be classified into the top quartile.
In general, venture capital companies can have high IRR figures if they invested in startups in mature ecosystems such as in the United States or China. While East Ventures, since its inception ten years ago, continuously focus to provide support to more than 150 startups in Southeast Asia.
Last year, East Ventures also crowned as one of the most active seed venture capital company in the world according to Crunchbase.
Read Also: East Ventures Closed Oversubscribed Sixth Fund at $75 Million
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About East Ventures
East Ventures is an early stage venture fund focused on Southeast Asia and Japan. Over several years, East Ventures has invested in Indonesia, Singapore, Japan, Malaysia, Thailand, and Vietnam. The majority of East Ventures’ portfolio firms have been able to raise follow-on financing rounds.
East Ventures has a strong track record in developing pan-Asia tech-ecosystems and backing startups in their early days. To date, it has invested in over 400 startups, four of which have grown into unicorn companies such as Tokopedia and Traveloka. Other success cases include Mercari, Warung Pintar, Fore Coffee, Disdus (acquired by Groupon), Kudo (acquired by Grab), Loket (acquired by Gojek), Tech in Asia, Omise, IDN Media, Ruangguru, MokaPOS, ShopBack, and CoHive. https://east.vc