Singapore – June 2018

• The New Luncher secured Seed Round from Venture Capital,  Family Offices and Business Angels  to accelerate its growth in existing markets such as Singapore and Hong Kong.

The New Luncher

Seed Round Mandate

In 2018, The New Luncher approached Vantage Capital to advise their Seed Round of financing which aimed to secure funds to further develop their core product and accelerate their growth into Southeast Asia.

Our Approach

1. Value Creation 
   – We worked with the management of The New Luncher ’to extract the value of the unique business model.
   – We advised the company on developing and tracking the right Key Performance Indicators for supporting the decision-making process.
2. Fundraising Preparation
   – We assisted in the preparation of best-in-class documentation.
   – We leveraged our network to build a list of Venture Capital and investors with an added value and hands-on approach.
3. Negotiation and Closing
   – We built momentum around the fundraising resulting in an oversubscribed round.

Our Results

We oversubscribed the Seed Round led by Venture Capital, as well as Business Angels and Family Offices.

Founders & CEO Testimonial

Vantage Capital has been a dedicated advisor during our fundraising process. Vantage Capital has a strong understanding of structuring a fundraising and creating the momentum during the fundraising with investors such as Venture Capital, Family Offices as well as Business Angels. The team has an in-depth understanding of the investment market in Asia as well as a deep reach in the Venture Capital and Private Equity industry. Vantage Capital is a great partner if you are raising funds as a technology company in Asia.” Catherine Lesselin – Co-founder & CEO, The New Luncher

Vantage Capital’s View

“The Founder and CEO of The New Luncher has the vision to change the way children are eating! Most importantly, the vision is backed by a laser-focused execution plan, a technology play as well as a strong business model. We are glad that The New Luncher’s team attracted renowned Venture Capital, as well as hands-on Business Angels and Family Offices.”

Investment

Undisclosed

Funding Status

Lead Investor

VCs, Family Office, Business Angels

Funding Round

Series Pre A

Deal Type

SAFE

Year Completed

2018

Location

Singapore

Singapore – December 2018

• GrabJobs secured US$1.5M from Business Angels and Family Offices to accelerate its growth in existing markets such as Singapore and Philippines
• The company aims at developing its proprietary technology by focusing on the job matching technology, a cross-platform posting, and its interview/chatbot technologies.

GrabJobs

GrabJobs was founded on July 2015 in Singapore by Emmanual Crouy (Co-founder & CEO) and Mark Melo (Co-founder & CCO). The company operates a chat-bot enabled, mobile first job platform in Southeast Asia.

Pre-A Round Mandate

In 2017, GrabJobs approached Vantage Capital to advise their Pre-A round of financing which aimed to secure funds to further develop their core product and accelerate their growth into Southeast Asia.

Our Approach

1. Value Creation 
   – We evaluated GrabJobs’s core offering and collaborated with the team on drafting their vision and mission.
   – We advised the company on developing its sales strategy and having a KPIs approach to decision making
2. Fundraising Preparation
   – We assisted in the preparation of best-in-class documentation.
   – We leveraged our network to build a list of angel investors who have expertise in technology, finance and HR.
   – We proposed to structure the deal using a SAFE Agreement to accommodate potential Venture Capital investors in GrabJobs Series A round.
3. Negotiation and Closing
   – We defined a detailed execution plan and a clear use of funds.
   – We built momentum around the fundraising resulting in an oversubscribed round.

Our Results

We raised a USD $1.5 million Pre-A Round led by Business Angels and Family Offices. As a result of both our operational and financial support, GrabJobs has enjoyed significant growth in its key metrics post-close.

As such, our Managing Director, Jean-Pierre Sedaghat was offered a board seat to continue supporting GrabJobs.

Founders & CEO Testimonial

“Jean-Pierre has been a dedicated advisor during our fundraising process and growth plan. He focused on achievable milestones with a clear value creation plan to define the full potential of our business. He is an invaluable addition to your company, and I highly recommend him. He is now a board member. ”
Emmanual Crouy – Co-founder & CEO, GrabJobs 

Vantage Capital’s View

“GrabJobs has been one of the fast-growing mobile first job portal in Southeast Asia while burning a limited amount of cash. We are glad that GrabJobs’ team and its cutting-edge technology attracted such a strong group of Business Angels and Family Offices. I am excited to join GrabJobs as a Board of Director and to support them in their vision.”

Investment

USD 1,500,000

Funding Status

Lead Investor

Business Angels

Funding Round

Seed

Deal Type

Equity

Year Completed

2018

Location

Singapore