Singapore accelerator Iterative reveals first cohort of 8 startups

Singapore-based startup accelerator Iterative has named the eight Southeast Asian startups that make up its first cohort.

From left: Iterative co-founders Hsu Ken Ooi, Brian Ma, and Hsu Han Ooi / Photo credit: Iterative

As part of its Summer 2020 program, most startups will each receive US$150,000 in exchange for a 15% share. Iterative will also provide the chosen companies with lessons on pitching and fundraising, as well as connect them to investors in Singapore and San Francisco.

For the duration of the 12-week program, the startups will be sharing their progress with partners and other startups in the batch and be introduced to other founders, industry experts, and investors.

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Here are the startups that are part of Iterative’s Summer 2020 program:

• Become (Malaysia) offers invisible braces at S$2,400 (US$1,700), a more affordable alternative to existing options.
• Bungkus (Singapore) provides food delivery exclusively for halal merchants.
• Haulio (Singapore) is a logistics firm that aggregates demand for shipments and warehousing to make them more readily available to haulage companies.
• Outside Voice (Singapore) builds a structured data collection layer on top of WhatsApp in the form of video surveys.
• Propseller (Singapore) is a tech-enabled real estate agency that offers property owners a reliable way to sell by combining in-house agents with technology.
• Sendhelper (Singapore) is a household services startup that connects Singaporeans with blue-collar and non-executive workers through its online platform.
• Starboard (Singapore) aims to digitize corporate secretary firms by allowing businesses to easily import paper filings and digital data into a cloud-based software-as-a-service platform.
• Tendopay (Philippines) provides Filipinos with alternative payment options for online shopping.

The accelerator is scheduled to culminate in a demo day in August, where all of the startups can present to an audience of selected investors. Iterative is also inviting other interested startups to apply for its next cohort.