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AppWorks

Founders I-Chien Jan Jamie Lin

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Investments

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Total investments 100
Average round size
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The average size of a deal this fund participated in
$15M
Portfolio companies 83
Rounds per year 6.67
Lead investments 25
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.15
Exits 5
Key employees 1
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • E-Commerce
  • Information Technology
  • Internet
  • Apps
  • Payments
Summary

AppWorks appeared to be the VC, which was created in 2009. The venture was found in Asia in Taiwan. The main office of represented VC is situated in the Taipei.

This organization was formed by Jamie Lin.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the AppWorks, startups are often financed by MindWorks Ventures, CyberAgent Capital, 01vc. The meaningful sponsors for the fund in investment in the same round are MindWorks Ventures, 91Capital, Substance Capital. In the next rounds fund is usually obtained by MindWorks Ventures, Substance Capital, Crystal Stream Capital.

The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Taiwan. Among the most popular portfolio startups of the fund, we may highlight Uber, Lalamove, ShopBack. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most successful fund investment fields, there are Advertising, Apps.

Comparing to the other companies, this AppWorks performs on 21 percentage points less the average number of lead investments. The fund is constantly included in 2-6 investment rounds annually. The high activity for fund was in 2016. When the investment is from AppWorks the average startup value is more than 1 billion dollars. The common things for fund are deals in the range of 50 - 100 millions dollars. The top amount of exits for fund were in 2019. Speaking about the real fund results, this VC is 6 percentage points more often commits exit comparing to other organizations.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of AppWorks:
Typical Co-investors
AppWorks is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after AppWorks:

Funds with similar focus

Funds from Taiwan
Funds with similar focus located in Taiwan:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Clout Kitchen

Gaming
Information Technology
Internet
04 Oct 2024 Austin, Texas, United States

TransTRACK.ID

Internet of Things
Logistics
$82829 Aug 2024 Dki Jakarta, Jakarta Raya, Indonesia

Stanly

$8M12 Jun 2024 Los Angeles, California, United States

Botsync

$5M05 Jun 2024 Singapore, Central, Singapore

Hypersonic Laboratories

$7M30 May 2024 Los Angeles, California, United States

Qoala

Insurance
InsurTech
Internet of Things
$49M27 Mar 2024 Kebayoran Baru, Jakarta Raya, Indonesia

BlokID

Blockchain
$1M31 Jan 2024 Nyack, New York, United States

Fetcch

Computer
Payments
$1M18 Jan 2024 -

Fetcch

Computer
Payments
$1M07 Dec 2023 -
News
Blockchain startup XREX gets $17M to make cross-border trade faster

– Blockchain startup XREX raised $17m in pre-Series A funding.
– The round was led by CDIB Capital Group and joined by SBI Investment, Global Founders Capital, ThreeD Capital, E.Sun Venture Capital, Systex Corporation, MetaPlanet Holdings, AppWorks, BlackMarble, New Economy Ventures and Seraph Group.
– The company plans to apply for financial licenses in Singapore, Hong Kong and South Africa, and partner with banks and financial institutions, like payment gateways.

Singapore-based Tinvio raises $12M Series A to build financial services for supply chain merchants

– Singapore-based startup Tinvio raised $12m in Series A funding.
– The round was led by AppWorks Ventures, with participation from strategic investor MUFG Innovation Partners, a venture capital firm for collaborations between startups and Mitsubishi UFJ Financial Group.
– All of Tinvio’s existing investors — Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures — also returned for its Series A, which brings Tinvio’s total raised to $18.5 million.
– Tinvio’s last funding announcement was a $5.5 million seed round in April 2020.

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Total investments 100
Average round size 15M
Rounds per year 6.67
Peak activity year 2024
Lead investments 25
Follow on index 0.15
Exits 5
Group Appearance index 0.62

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Clout Kitchen

Gaming
Information Technology
Internet
04 Oct 2024 Austin, Texas, United States

TransTRACK.ID

Internet of Things
Logistics
$82829 Aug 2024 Dki Jakarta, Jakarta Raya, Indonesia

Stanly

$8M12 Jun 2024 Los Angeles, California, United States

Botsync

$5M05 Jun 2024 Singapore, Central, Singapore

Hypersonic Laboratories

$7M30 May 2024 Los Angeles, California, United States

Qoala

Insurance
InsurTech
Internet of Things
$49M27 Mar 2024 Kebayoran Baru, Jakarta Raya, Indonesia

BlokID

Blockchain
$1M31 Jan 2024 Nyack, New York, United States

Fetcch

Computer
Payments
$1M18 Jan 2024 -

Fetcch

Computer
Payments
$1M07 Dec 2023 -
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