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Monk's Hill Ventures
Monk's Hill Ventures was founded in 2014 in Singapore by serial entrepreneurs Peng T. Ong and Kuo-Yi Lim. Ong previously co-founded Match.com and Interwoven,...
Monk's Hill Ventures
Monk's Hill Ventures was founded in 2014 in Singapore by serial entrepreneurs Peng T. Ong and Kuo-Yi Lim. Ong previously co-founded Match.com and Interwoven, while Lim served as CTO of Encentuate before its acquisition by IBM. The firm's name references Monk's Hill, a landmark near Singapore's former British military barracks, signaling an intent to build lasting institutions. The firm invests at the Seed and Pre-Series A stages, leading rounds and taking board seats. Its strategy spans enterprise software, consumer tech, digital health, and logistics. Confirmed portfolio companies include Glints, a talent platform founded by Oswald Yeo and others; NOVI Health, a tech-enabled healthcare delivery startup; and Ninja Van, a last-mile logistics provider operating across six Southeast Asian markets. Monk's Hill Ventures has not publicly disclosed assets under management. The firm operates from a single office in Singapore. In 2024, it published its inaugural Impact and ESG Report, formalizing its commitment to environmental and social governance. Monk's Hill also convenes The Angsana Council, a non-profit group focused on accelerating Southeast Asian business growth. Monk's Hill assigns an operating partner to every portfolio company, a structure that embeds operational expertise beyond capital. This contrasts with the common VC model where board participation is the primary engagement mechanism. The firm's founders remain deeply involved, leveraging their own company-building experience to guide technical founders through early commercial challenges.
General information
Firm type
Venture Capital
Year founded
2014
AUM
Undisclosed
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
Singapore
Principals
Peng T. Ong
Co-founder and Managing Partner
Kuo-Yi Lim
Co-founder and Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Monk's Hill Ventures?
Co-founders Peng T. Ong and Kuo-Yi Lim serve as Managing Partners and make investment decisions. Both have deep startup founder and operational backgrounds — Ong co-founded Match.com and Interwoven, while Lim was CTO of Encentuate, acquired by IBM.
What investment stages does Monk's Hill Ventures target?
Monk's Hill focuses on Seed and Pre-Series A rounds. The firm typically leads or co-leads these early rounds and takes board seats to work closely with founding teams.
Which geographies does Monk's Hill Ventures cover?
The firm invests across Southeast Asia. Portfolio companies like Ninja Van operate in six regional markets, underscoring the firm's pan-ASEAN reach from its Singapore base.
Does Monk's Hill Ventures operate a philanthropic initiative?
Yes. Monk's Hill founded and supports The Angsana Council, a non-profit group focused on increasing the growth and prosperity of Southeast Asian businesses and economies, operating separately from the venture capital funds.
How does Monk's Hill Ventures support portfolio companies beyond capital?
The firm assigns an operating partner to every portfolio company. This embeds hands-on operational expertise — a deliberate structural choice made by founders who have themselves built and exited technology companies.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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