About Insignia Ventures Partners
Insignia Ventures Partners is a Southeast Asian early-to-growth-stage venture capital firm founded in 2017 by Yinglan Tan, a former Sequoia Capital partner, headquartered in Singapore. The firm has raised over $800 million in assets under management across multiple funds, including a $516 million close in 2022, and has made roughly 160+ investments in about 89 companies.
The firm is particularly active in Indonesia, Vietnam, and the Philippines. Its confirmed Philippine investments include Tonik, Southeast Asia's first all-digital "neobank," licensed by the Bangko Sentral ng Pilipinas, and First Circle, an SME trade-financing platform, where Insignia participated in an $8.6 million Series B round in 2024 alongside IFC and Endeavor.
Investment Thesis
Insignia backs technology-driven companies across Southeast Asia from seed through growth stage, with declared sector interest in fintech, e-commerce, logistics, and enterprise/AI. The firm positions itself as offering founders capital plus operational and network support rather than capital alone.
Within the Philippines, its public investment commentary (via its Insignia Business Review) has focused heavily on fintech and digital banking, reflecting its Tonik and First Circle positions as anchor examples of its thesis in the market.
Portfolio Companies
Tonik Digital Bank, First Circle, GoTo, Ajaib, Carro