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STRIVE

Asia, Tokyo, Japan, Tokyo

Description

STRIVE is a prominent early-stage venture capital firm headquartered in Tokyo, Japan, with a strategic focus on internet and mobile companies across Asia. The firm maintains a strong regional presence with additional offices in key innovation hubs such as Bangalore, Jakarta, and Singapore, enabling it to effectively source and support startups throughout the continent. STRIVE primarily targets companies at the Seed to Series A stages, providing crucial capital and operational guidance during their formative years.

STRIVE's investment strategy is broad yet focused, encompassing a diverse range of sectors within the digital economy. Their portfolio includes companies in areas such as Software-as-a-Service (SaaS), Fintech, Healthcare, Consumer Internet, Web3, and Deeptech. The firm is known for its hands-on approach, offering more than just capital by leveraging its extensive network and deep industry expertise to help portfolio companies scale. STRIVE's typical first check size for investments ranges from $500,000 to $5,000,000, reflecting their commitment to providing substantial early-stage funding.

STRIVE has demonstrated consistent growth in its fund sizes, underscoring its expanding influence in the Asian venture landscape. The firm successfully closed its STRIVE IV fund in 2023, securing a significant capital commitment of $120 million. This follows their previous STRIVE III fund, which closed at $100 million in 2020. With a portfolio exceeding 70 companies, STRIVE has established itself as a key player in fostering innovation and supporting the next generation of technology leaders in Asia.

Investor Profile

STRIVE has backed more than 49 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 33% of its total and boasts 22 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Japan, India, United States.
  • Strong thematic focus on SaaS, Software, Internet.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (37%)
  • Series A (33%)
  • Series B (16%)
  • Series C (12%)
  • Series Unknown (2%)

Country Focus

  • Japan (41%)
  • India (29%)
  • United States (12%)
  • Indonesia (10%)
  • Singapore (6%)
  • Mexico (2%)

Industry Focus

  • Saas
  • Software
  • Internet
  • E-commerce
  • Fashion
  • Developer Tools
  • B2b
  • Information Technology
  • Developer Apis
  • Advertising
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does STRIVE frequently co-invest with?

Titan Capital
Asia, Haryana, India, Gurgaon
Co-Investments: 3
Nexus Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 4
SMBC Venture Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Mizuho Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 6
GMO VenturePartners
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Gemba Capital
Asia, Karnataka, India, Bangalore
Co-Investments: 3
Accel
North America, California, United States, Palo Alto
Co-Investments: 5
Eight Roads Ventures
Europe, England, United Kingdom, London
Co-Investments: 4
DNX Ventures
North America, California, United States, San Mateo
Co-Investments: 6
ITOCHU Technology Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4

Which angels does STRIVE often collaborate with?

VV
North America, Washington, United States, Seattle
Shared Deals: 1
NB
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
MU
North America, California, United States, Palo Alto
Shared Deals: 1
Parsuram Vijayasankar
Asia, Singapore
Shared Deals: 1
Shared Deals: 1
ER
North America, Illinois, United States, Chicago
Shared Deals: 1
Ioann Fainsilber
Asia, Indonesia
Shared Deals: 1
Shan Krishnasamy
Asia, India
Shared Deals: 1
Kiran Darisi
Asia, Andhra Pradesh, India, Hyderabad
Shared Deals: 1

What are some of recent deals done by STRIVE?

Asuene

Tokyo, Tokyo, Japan

Asuene provides renewable power retail services for local production and consumption.

EnergyLocalRenewable Energy
Series CJun 14, 2024
Amount Raised: $26,679,366
Testsigma

San Francisco, California, United States

Testsigma is a cloud-based continuous testing platform that is designed to automate test for mobile and web apps.

Artificial Intelligence (AI)Developer ToolsDevOpsSaaSSoftware
Series AJun 5, 2024
Amount Raised: $8,200,000
Showroom B2B

Noida, Uttar Pradesh, India

Building the largest B2B “Phygital” platform for $108 Bn fashion industry

B2BFashionInternetRetail
SeedOct 19, 2023
Amount Raised: $6,500,000
Showroom B2B

Noida, Uttar Pradesh, India

Building the largest B2B “Phygital” platform for $108 Bn fashion industry

B2BFashionInternetRetail
SeedJan 11, 2023
Amount Raised: $1,347,510
Bytebeam

Bangalore, Karnataka, India

Bytebeam is an IoT platform providing solutions such as over the air updates, device to mobile sync, data visualization, and alerting.

Internet of Things
SeedMay 12, 2022
Amount Raised: $3,000,000
Showroom B2B

Noida, Uttar Pradesh, India

Building the largest B2B “Phygital” platform for $108 Bn fashion industry

B2BFashionInternetRetail
SeedMay 1, 2022
Amount Raised: $1,000,000
RABO

Tokyo, Tokyo, Japan

RABO is a Cat-Tech company that develops a pet technology designed to watch over the lives of pet cats.

Internet of ThingsIT ManagementPet
Series BApr 6, 2022
Amount Raised: $10,668,606
100ms

Fremont, California, United States

100ms is a live-video infrastructure startup that allows developers to build and deploy enterprise-class video applications in hours.

AudioConsultingInformation TechnologyInfrastructureSaaSSoftwareVideoVideo ConferencingVideo Streaming
Series AMar 10, 2022
Amount Raised: $20,000,000
Testsigma

San Francisco, California, United States

Testsigma is a cloud-based continuous testing platform that is designed to automate test for mobile and web apps.

Artificial Intelligence (AI)Developer ToolsDevOpsSaaSSoftware
SeedFeb 28, 2022
Amount Raised: $4,600,000
Hasura

Bangalore, Karnataka, India

Hasura is a software technology company that provides developer-focused tooling products.

Cloud InfrastructureDeveloper APIsDeveloper ToolsOpen SourceSoftware
Series CFeb 22, 2022
Amount Raised: $100,000,000