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We're excited for you to meet our Summer 2024 batch, comprised of 15 amazing companies! This batch, we’ve raised the bar even higher, with the acceptance rate dropping to 1.8% from 2.7% in Winter 2024.
How do you get to 100 *paying* customers? We asked three of our Iterative founders, and here were their answers.
Sia is the co-founder of Tranglo in 2008, a payment processing company that powers the last-mile cross-border payout for various banks and fintechs globally. In 2021, Ripple purchased a 40% stake in Tranglo for an undisclosed amount.
Before Iterative, Sylvia was the co-founder of Omnilytics, a retail insights platform. At Omnilytics, Sylvia led Customer Success, growing NRR to >100% and serving global clients like Uniqlo, Lenzing, and Lidl.
We're excited to welcome back Jessica Chao and Shawn Low, and welcome Chinmay Chauhan, Sylvia Yin, Tessa Wijaya and YC Ng!
Shawn Low was the co-founder and Head of Operations at Better.com, a homeownership platform integrating mortgage lending, real estate services and insurance. Better.com has raised over $905M and valued at over $6B.
We've asked some of our portfolio founders on their experiences doing office hours during their time in the batch - and what they've learned.
We think it's instructive to share our rejection reasons - and hopefully it'll help founders better communicate why they are great founders with good ideas.
Kum Hong is a business leader, GM and angel investor. He spent 10 years at Airbnb, starting as the APAC General Counsel before transitioning to run business and operations as the APAC Regional Director in 2017. Three years later, he was appointed as COO for Airbnb China.
Thomas Jeng is the General Manager of Aspire, a leading fintech startup based in Singapore. He was previously the Head of Sales there, leading the firm's expansion across Singapore and Southeast Asia.
Jessica Chao is a Visiting Partner at Iterative, where she leads healthcare investments. She's also a Venture Partner at SVLC, a Latin America focused venture fund, as well as a Biotech Advisor to Berkeley SkyDeck, UC Berkeley’s official startup accelerator.
He took a chance on four young college students with a poor idea and a lot of passion. Sometimes what people need the most is reinforcement that they can do something great and a kick in the right direction. With Iterative, we hope to be able to accomplish something similar with our batches.
Partner at AC Ventures, oversees the SE Asia Mobility Fund. Was the co-founder of Rukita, where he scaled the company to its first $3M revenue. He's also the Visiting Parter for Iterative's W23 batch.
Chinmay Chauhan is the co-founder of BukuWarung (YC S20). He raised $80M in funding and grew the organisation to 400 people. He's also a Visiting Partner for Iterative's W23 batch.
Tessa Wijaya is the Co-Founder and COO of Xendit, a leading payment gateway in Indonesia, the Philippines, and Southeast Asia. Xendit became a unicorn in 2021, making Tessa the only female unicorn founder in Indonesia.
We took our list of 1,270 people and 551 funds, enriched it with information like investment stage, location, etc. and are making it available to everyone.
Introducing Startup Academy, a free collection of courses, guides and templates on how to build startups in Southeast Asia.
Join our validation program to confidently convince yourself to move forward as a founder with a startup idea that is worth investing in.
This is our fourth year of running Iterative and our seventh batch of companies - but it feels like we're just getting started.
We're excited to announce that for the Summer 2023 batch, we have seven amazing Visiting Partners - welcome back Jessica Chao and Chinmay Chauhan, and welcome Aaron Yip, Dayana Yermolayeva, Karine Hsu, Rob Liu and Zach Cheng!
Introducing How to Fundraise Effectively, an email series where we'll share Iterative's fundraising philosophy and how it can help you improve your pitch and close your next round.
Connect with Iterative alumni and learn about their firsthand experience with our program.
We put together a group of investors who invest at different stages, are actively investing despite market conditions and are the type of investors we would have wanted. It’s called SEA Checks and here’s how it works.
For a startup to be successful, it needs to be solving an important problem.
What do we look for when deciding to invest in startups?
The most important thing for a startup, and by extension the engineers at the startup, is iteration speed.
Here are the 3 questions I ask myself when trying to answer this question and what to do about it.
Fundraising is slow right now. My hunch is fundraising both will pick up in the second half of this year. Here's why.
Interestingly enough, 'product market fit' is a term often used by founders starting out but almost never by more experienced founders. Why?
A year ago, I wrote our first Request for Startups - and I'm revisiting the themes again to see what I got right or wrong.
A common question we get is: “Which is more important in fundraising: a strong story or strong traction?” But what is a strong story and strong traction — and why are they important?