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 in over 130 companies and co-invest with 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. 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.

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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.

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Jennifer Wilde Anderson

Jennifer Wilde Anderson

Vice President

Jennifer Anderson is an integral member of the team at Wavemaker partnering with leadership to develop and implement growth strategies and manage key firm relationships. She oversees the firm’s operations, marketing strategy and events. Ms. Anderson is a graduate of Yale University and the University of Chicago Law School.

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Lisa Riedmiller

Lisa Riedmiller

Chief Financial Officer

Lisa Riedmiller is Chief Financial Officer for Wavemaker Partners. She has over 24 years of venture capital fund accounting, investor relations and fund administration experience. Lisa successfully built her specialized venture capital accounting services business to target the niche market of smaller and developing funds by offering her clients high level financial support without the burden of full-time overhead.

    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.

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      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

      DFJ Network: Board Formally Welcomes Wavemaker with a visit to Singapore

      The DFJ Network Board visited Singapore to celebrate its newest member and to familiarize with Singapore’s thriving ecosystem. The team, which enjoyed some good coverage in the local press, met with entrepreneurs, corporate executives, government officials, bankers and other VCs. Thanks to Paul Santos, Eric Manlunas, Dennis Goh, David Siemer and the entire Wavemaker team for […]

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      SoCalTech.com: Surf Air Hits 1200 Members

      Santa Monica-based membership-based airline Surf Air is telling potential customers that it recently reached 1200 members for its service, which allows members to take all-you-can-fly trips between the Los Angeles, Bay Area, Santa Barbara, Las Vegas, San Diego, and other areas via its own fleet of turboprops. The startup airline charges $1750 per month, letting […]

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      Pasadena Business Now:17hats Raises $1.25M Seed Round Led by Wavemaker Partners

      17hats is a fully integrated business automation platform that was built specifically for “businesses of one” with a focus on simplicity and ease-of-use. Think of it as the operating system for the “solopreneurs” 17hats announced today that it has raised a $1.25M Seed Round to expand its business automation software for micro businesses or what […]

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      PandoDaily: HelloTech raises $2.5M to bring on-demand convenience to in-home IT support

        It’s not just transportation and food delivery that are going on-demand today. Increasingly, most service categories can benefit from the friction-reducing effects of modern, smartphone-powered booking and the flexibility of a dynamic workforce. The latest category to join the revolution is home IT support, thanks to the launch of Los Angeles-based HelloTech. The company […]

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      socalTECH: Gem Bolsters Security Partnerships

      Venice, California-based Bitcoin security developer Gem said Wednesday that it has bolstered its security partnerships, via a link with companies Thales e-Security, CryptoSigma, andBitmo. Gem, which is led by Micah Winkelspecht, said the link adds support for custom Hardware Security Modules (HSMs) to offer up military-grade protection of encryption keys. Financial details of the partnerships […]

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      SYMMETRY50: THE TOP 100 STARTUPS IN LA

      Startups, LA LA isn’t just surf and sun. While brutal winters in most American cities can make it easier for entrepreneurs to grind away, LA startups have countless options they need to ignore to get work done. Even with gorgeous weather year round LA entrepreneurs are still finding time to build some of the best startups anywhere. With […]

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      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