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Ardent Capital

Founders Adrian Vanzyl Paul Srivorakul Piers Bennett

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 40
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 30
Rounds per year 3.33
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.23
Exits 3
Key employees 4
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • E-Commerce
  • Logistics
  • Internet
  • Information Technology
  • Mobile
Summary

In 2011 was created Ardent Capital, which is appeared as VC. The main office of represented VC is situated in the Bangkok. The company was established in Asia in Thailand.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Ardent Capital, startups are often financed by Inspire Ventures, CyberAgent Capital, Sumitomo Corporation Equity Asia. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Inspire Ventures, SMDV. In the next rounds fund is usually obtained by Wavemaker Partners, SMDV, Cherubic Ventures.

The high activity for fund was in 2015. The fund is constantly included in 2-6 deals per year. The typical startup value when the investment from Ardent Capital is 10-50 millions dollars. This Ardent Capital works on 25 percentage points less the average amount of lead investments comparing to the other organizations. The common things for fund are deals in the range of 1 - 5 millions dollars.

This organization was formed by Adrian Vanzyl, Paul Srivorakul, Piers Bennett. We also calculated 4 valuable employees in our database.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most popular portfolio startups of the fund, we may highlight aCommerce, Playbasis, e27. Among the most popular fund investment industries, there are Digital Media, Fashion. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Indonesia.

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Related Funds

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Typical Co-investors
Ardent Capital 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 Ardent Capital:

Funds with similar focus

Funds from Bangkok
Funds with similar focus located in Bangkok:
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Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Feather Africa

Financial Services
$100K01 Nov 2022 Nguru, Lagos, Nigeria

Logistics Hub

Logistics
$200K01 Oct 2022 Yaba, Lagos, Nigeria

Zeraki

E-Learning
Information Technology
$100K01 Aug 2022 Nairobi, Nairobi Area, Kenya

Releaf

AgTech
B2B
Hardware
Industrial Automation
Supply Chain Management
01 Jul 2022 Uyo, Akwa Ibom, Nigeria

Notto

$100K22 Jun 2022 London, England, United Kingdom

HealthDart

Health Care
Medical
$125K07 Jun 2022 Johannesburg, Gauteng, South Africa

Decagon

B2B
Consulting
Human Resources
Information Technology
Internet
Software
Software Engineering
Training
$100K01 Jun 2022 Lagos, Lagos, Nigeria

Deliveree Logistics

Delivery
Fleet Management
Logistics
Shipping
$14M09 Oct 2017 Jakarta Raya

CleanTech
Packaging Services
Plastics and Rubber Manufacturing
Sustainability
$1M06 Apr 2017 Uusimaa

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Total investments 40
Average round size 1M
Rounds per year 3.33
Peak activity year 2022
Lead investments 2
Follow on index 0.23
Exits 3
Group Appearance index 0.50

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Feather Africa

Financial Services
$100K01 Nov 2022 Nguru, Lagos, Nigeria

Logistics Hub

Logistics
$200K01 Oct 2022 Yaba, Lagos, Nigeria

Zeraki

E-Learning
Information Technology
$100K01 Aug 2022 Nairobi, Nairobi Area, Kenya

Releaf

AgTech
B2B
Hardware
Industrial Automation
Supply Chain Management
01 Jul 2022 Uyo, Akwa Ibom, Nigeria

Notto

$100K22 Jun 2022 London, England, United Kingdom

HealthDart

Health Care
Medical
$125K07 Jun 2022 Johannesburg, Gauteng, South Africa

Decagon

B2B
Consulting
Human Resources
Information Technology
Internet
Software
Software Engineering
Training
$100K01 Jun 2022 Lagos, Lagos, Nigeria

Deliveree Logistics

Delivery
Fleet Management
Logistics
Shipping
$14M09 Oct 2017 Jakarta Raya

CleanTech
Packaging Services
Plastics and Rubber Manufacturing
Sustainability
$1M06 Apr 2017 Uusimaa
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