Prosus Ventures Expands Commitment to Endowus with Third Investment

Gunderson Dettmer represented client Prosus Ventures as an investor in its latest investment in Endowus, Asia’s leading independent wealth advisory and investment platform. This marks Prosus Ventures’ third investment in the company, underscoring its continued confidence in Endowus’ growth and mission.

Endowus now oversees more than $10 billion in assets under advisement and has generated over $1 billion in net investment gains for its clients. The new capital will enable Endowus to further enhance its technology through AI, broaden its product offerings and expand tools and services for clients and service providers in the region.

In the announcement of the transaction, CEO at Prosus Ventures Martin Tschopp said, “This is our third investment in Endowus, and it reflects our strong belief in its mission to build an advisory-led wealth platform that meaningfully impacts the lives of individuals and families. Endowus has achieved remarkable growth without compromising on its values, and continues to exemplify how technology and trust can come together to transform personal finance. We see enormous potential in their model as it scales across Asia.”

The Gunderson Dettmer deal team was led by Jonathan Pentzien and included Benjamin Teo.

Companies:
Endowus
Prosus Ventures