Approach


A WaveMaker is a disruptor, a catalyst for change.

We invest in a broad range of technology-driven companies in the US and Southeast Asia. The start-ups we invest in are Wavemakers. They are the catalysts for change.

We like businesses that address huge market opportunities and create real value in a differentiated and defensible way. This means solving truly relevant problems, disrupting the status quo and/or creating fresh, addictive delight.

We strive to be good Partners on their journey. We're happy to be their investor and their sounding board, their cheerleader and their sparring partner, their drinking buddy but not their babysitter. We’re also just as happy to get out of their way.


We firmly believe in the power of numbers and networks and it shows in how we invest.

We take a portfolio-building approach to early stage (Seed-Series A) investing. We try to help them bridge the "post-angel and pre-venture" gap which was a challenging phase we ourselves experienced back in our startup operating days. We will usually start with a $100K-$500K check and follow on until $1M.We believe that early stage investments are largely unpredictable and binary. That’s why we don’t mind making more bets than most other VCs. We also believe in eating our own cooking so we're all meaningful investors in our own funds alongside w/ our distinguished Limited Partners, many of which have been with us from our first fund.

We also take a co-investment approach. We will lead rounds when we feel we are in the best position to do so, but we usually like to bring in co-investors who can add value. Otherwise, we are comfortable to just join a syndicate and help out whenever we are asked. The combination of portfolio building and co-investment has enabled us to invest over 130 companies and co-invest over 120 early stage investors. These form a powerful network which supports pattern recognition, diligence, co-investment, customer acquisition and corporate development.

Over a third of our collective portfolio have either been fully realized (full exit) or partially realized (partial exit). While not all of them were ideal outcomes, thus far we've been correct more times than we've been wrong. It's not "spray and pray," as the armchair investors like to say, it's merely a simple portfolio building approach. However, in the many years we've collectively been doing this, both as startup entrepreneurs and early stage investors, we still have not figured out a systematic way of predicting the future so until somebody puts batteries in our crystal ball, we will continue what's been working for us.

Portfolio

Team

Dennis Goh

Dennis Goh

Partner, Wavemaker Pacific

Dennis Goh supports the group’s activities in Asia. He is an experienced entrepreneur who co-founded HungryGoWhere and grew it into Singapore’s top F&B digital company before selling it to SingTel in 2012. Dennis is highly passionate about the Asian digital start-up ecosystem and is excited to be at the forefront of rapid digital change in Asia.

  • LinkedIn icon
Nix Nolledo

Nix Nolledo

Venture Partner, Wavemaker Pacific

Nix Nolledo focuses primarily on the group’s activities in the Philippines. Nix Nolledo is the CEO of Xurpas, the largest mobile consumer technology company in the Philippines. He is also an active angel investor with investments in over 20 technology businesses in the e-commerce, new media, and digital advertising spaces.

  • Twitter icon
  • LinkedIn icon
Chris Leong

Chris Leong

Operations Manager

As Operations Manager Chris Leong assists our portfolio companies in Singapore with administrative and human resources support. She has had over 10 years of work experience at 3i Infotech Asia Pacific. There, she managed the full spectrum of HR support for over 400 employees across Singapore, Malaysia, India and Australia.

    Mave Marcos

    Mave Marcos

    Operations Coordinator

    Mave Marcos works out of the Wavemaker Partners' office in Santa Monica, CA. She provides support for the Managing Partners and other staff. She is a graduate of UCLA with a Bachelor's in Sociology and is currently enrolled in the University of Southern California's Annenberg Graduate School of Communication.

    • LinkedIn icon

    Funds


    Wavemaker Partners (USA)

    Wavemaker Partners III
    Wavemaker Partners II (formerly Siemer Ventures II)


    Wavemaker Pacific (SE Asia)

    Wavemaker Pacific I
    Wavemaker Labs*

    *Approved Technology Incubator under the National Research Foundation (NRF) with effectively S$25M given 5.6x leverage under the Technology Incubation Scheme (TIS), 100% Singapore, 12 portfolio companies


    We’ve enhanced our network further with the entry of our Asian practice, Wavemaker Pacific, into the DFJ Global Network. With 15 member funds across 4 continents, we are able to provide our Asia-based founders with truly global access, insight and scale.

    • DFJ Network

    DFJ Global Network is a robust venture collective bringing together experienced investors and innovative entrepreneurs from around the globe to share strategies, source opportunities, and create greater value.

    Started in 1990, DFJ Global Network has since grown into a self-governed organization of independent venture funds on four continents who cooperate on investment diligence, marketing intelligence, corporate relationships and co-investments. All member funds are independent and raise their own capital and manage their own investment decisions.

    News

    FASHIONISTA: MEET DSTLD, THE DENIM BRAND THAT’S PROMISING KILLER JEANS FOR UNDER $100

    The LA-based startup is hoping to become the Everlane of denim. If you wanted to, you could pretty readily outfit yourself entirely in clothing and accessories created by Silicon Valley-funded startups. With direct-to-consumer brands like Warby Parker and Everlane breaking out into the mainstream, eager new names with similar propositions — easy online service, price […]

    Read more

    Pitchbook: Top Investor Tuesday — Southern California

    Top Investor Tuesday — Southern California California’s VC scene is usually associated with Silicon Valley and a focus on information technology, but the state’s southern region has its own thriving venture ecosystem that differs quite a bit from its neighbor to the north. Since the beginning of 2010, 919 VC investors have backed companies headquartered […]

    Read more

    10 Wavemaker Portfolio Co’s Make the socalTECH 50

    Online publication socalTECH just released the socalTECH 50, a power list of the top 50, up-and-coming executives in Southern California’s technology ecosystem, with a focus on those who “are most likely to create the next big thing, produce the next big exit or to influence the industry in a significant way.” We are very proud […]

    Read more

    First Round Capital: The 5 Early Mistakes That Almost Killed This Founder’s Startup — and How He Survived

    After Clark Benson sold his company eCrush in 2007, he had two choices: He could either take a sabbatical or he could jump right in and start building his fifth company, Ranker, a site that would crowdsource rankings of everything from movies to athletes. Feeling self-inflicted pressure, he chose the latter — and, in his […]

    Read more

    Tech Crunch: DSTLD Is Everlane For Jeans

    As it becomes ever easier to build a commerce brand from scratch online, we’re beginning to see upstart companies eat the luxury high-end mark-up right up. Notable examples include Warby Parker, Everlane and Jason Goldberg’s furniture store Hem. With retail prices reaching upwards of $200, it’s hard not to imagine someone eventually wanting to do […]

    Read more

    San Fernando Valley Business Journal: Accounting Startup Raises Money

    A North Hollywood startup that helps accountants close the books has received $1.3 million in financing. FloQast, founded in June 2013, said the funding was led by Toba Capital, a San Francisco venture capital firm. Amplify LA, Siemer Ventures, Danmar Capital and various LA Angel investors also participated. FloQast offers a software application that allows […]

    Read more

    Contact Us

    WAVEMAKER PARTNERS

    1333 Second Street
    Suite 600
    Santa Monica, CA 90401
    Phone: (310) 861-2100
    Fax: (800) 875-0757

    WAVEMAKER PACIFIC

    #05-01, Block 71,
    Ayer Rajah Crescent
    Singapore 139951