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Alex Tan
Co-founder & CEO at IIMMPACT, Data Analyst, Business Analyst
Alex Tan is the Chief Executive Officer and co-founder of IIMMPACT, a company he established in 2017. IIMMPACT aims to streamline expense management through a single app that offers various services, including mobile phone top-ups and air ticket purchases. The platform operates as a revenue-sharing payments system and serves as both an information aggregator and a financial tool for users, helping them save on expenses while providing insights to service providers about user activities.12
Under Tan's leadership, IIMMPACT has experienced significant growth, achieving a 17-fold increase in total transaction value (TTV) within two years and reaching a TTV run rate of $300 million. The company became profitable within three years and has received backing from Sequoia Capital.2
Before founding IIMMPACT, Tan worked in various roles at RMIT University, including as a data analyst and business analyst, where he utilized business intelligence programs to analyze data trends and improve processes.23 He holds a Bachelor of Computer Science with a focus on Information Systems from RMIT University, where he achieved a GPA of 3.7.2
Highlights
Thrilled to see Sequoia India & Southeast Asia (SEA) transform into Peak XV Partners! Peak XV was the original name given to Mount Everest.
Our journey with Sequoia Surge started in August 2021 when we sent a cold email to Pieter Kemps and Rohit Agarwal for fundraising. Much to our surprise, Rohit set up a Zoom call together with Johan Surani and Nadia Aldora. We were beyond fortunate to land a term sheet in under a week!
It's been an incredible journey, and we've gotten so much help from Johan and the Sequoia team as we tried to build a solid business. Being a first time founder myself and my-cofounder Kelvin Lee Wei Sern, there's were plenty of learnings and navigating the ups and downs.
We've seen and experienced how dedicated the Sequoia Surge team in helping founders. They've consistently been there to guide us through the entrepreneurial journey. Connecting and hooking us with other founders Rajan Anandan, expert on storytelling Pieter Kemps, hiring support from Suraj Laungani and many more!
To everyone involved in Peak XV Partners - may you continue to empower and energize founders across the region!
Lastly, a huge shout-out to Rajan Anandan, Shailendra J Singh, and the entire Peak XV team for creating the fantastic community, culture, and program that we've had the privilege to experience.
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