About Amasia
Amasia is a thesis-driven venture capital firm founded in 2013 by Ramanan Raghavendran and John Kim, headquartered in Burlingame, California, investing globally in the US, Southeast Asia, India, Europe, and Latin America.
Its Philippine connection is real but concentrated in a small number of deals rather than a dedicated local fund: Coins.ph, a Manila-founded fintech, was Amasia's first-ever investment (since exited), and in 2024 the firm was among the investors in a $6.5 million pre-Series A round for Hive Health, a Manila-based SME health-insurance startup that later acquired one of the Philippines' oldest HMOs.
Investment Thesis
Amasia invests from seed through Series B in software or software-enabled companies, organized around the thesis that "behavior change at scale" -- not just clean energy or carbon removal -- is the most effective lever against climate change. Sector interest spans climate, AI, SaaS, fintech, healthcare, edtech, food/agtech, media, and commerce.
The firm typically leads or co-leads rounds and targets roughly 15-20 new investments a year globally, with Southeast Asia (including the Philippines) as one of several active regions rather than its primary geographic focus.
Portfolio Companies
Xendit, Coins.ph (exited), Hive Health (Manila)