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Asian Development Bank

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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 48
Average round size
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The average size of a deal this fund participated in
$84M
Portfolio companies 38
Rounds per year 0.83
Lead investments 17
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.21
Exits 9
Key employees 5

Areas of investment

  • Financial Services
  • Energy
  • Finance
  • Renewable Energy
  • Banking
Summary

Asian Development Bank appeared to be the Corporate Investor, which was created in 2010.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Asian Development Bank, startups are often financed by Unitus Ventures, International Finance Corporation, Goldman Sachs. The meaningful sponsors for the fund in investment in the same round are Unitus Ventures, Khosla Impact, General Electric (GE). In the next rounds fund is usually obtained by OPIC - Overseas Private Investment Corporation, Goldman Sachs, General Electric (GE).

The fund has specific favorite in a number of founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight ReNew Power Ventures, Annapurna Microfinace, Satin Creditcare Network. Among the most popular fund investment industries, there are Health Care, Banking. Besides, a startup needs to be aged 16-20 years to get the investment from the fund.

We also calculated 5 valuable employees in our database.

Comparing to the other companies, this Asian Development Bank performs on 1 percentage points less the average number of lead investments. The high activity for fund was in 2014. Despite it in 2019 the fund had an activity. The real fund results show that this Corporate Investor is 47 percentage points more often commits exit comparing to other companies. The common things for fund are deals in the range of more than 100 millions dollars. The increased amount of exits for fund were in 2016. The fund is generally included in 2-6 deals every year.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Asian Development Bank is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Asian Development Bank:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

RevFin

Accounting
Banking
Finance
$15M26 Dec 2023 Delhi, Delhi, India

GREENGOODS

Agriculture
Bioinformatics
Manufacturing
$522K04 Aug 2023 South Korea, Gangwon-do, South Korea

Fairbanc

E-Commerce
Small and Medium Businesses
Software
$4M21 Jul 2022 San Francisco, California, United States

wagely

Employee Benefits
Financial Services
$8M15 Mar 2022 Jakarta, Jakarta Raya, Indonesia
News
Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M

– Indonesian EWA startup wagely raised $5.6m in strategic funding.
– The round was led by Integra Partners.
– Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma.
– The company plans to increase its sales team in order to close more enterprise deals.

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Total investments 48
Average round size 84M
Rounds per year 0.83
Peak activity year 2022
Lead investments 17
Follow on index 0.21
Exits 9
Group Appearance index 0.50

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

RevFin

Accounting
Banking
Finance
$15M26 Dec 2023 Delhi, Delhi, India

GREENGOODS

Agriculture
Bioinformatics
Manufacturing
$522K04 Aug 2023 South Korea, Gangwon-do, South Korea

Fairbanc

E-Commerce
Small and Medium Businesses
Software
$4M21 Jul 2022 San Francisco, California, United States

wagely

Employee Benefits
Financial Services
$8M15 Mar 2022 Jakarta, Jakarta Raya, Indonesia
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