- Investment will drive expansion into SEA, enhance its platforms
- Funds will enhance offerings, adopt new technologies, and expand reach
VentureTECH Sdn Bhd (VentureTECH), an impact investment company, has announced an undisclosed investment in Pomen Autodata Sdn Bhd, a Bumiputera company specialising in comprehensive Software-as-a-Service (SaaS) solutions focused on workforce efficiency and maintenance management — connecting demand and supply in the maintenance ecosystem. This partnership aims to accelerate Pomen’s growth and enhance its innovative platforms, further digitalising the ecosystem for connected services and operations.
Established in 2018, Pomen has emerged as a key player in integrated SaaS solutions with flagship platforms such as Enfleet and Engarage. Enfleet is an asset maintenance workflow management platform, providing companies with transparency over their asset maintenance processes, while Engarage is a workforce management platform that enables service providers to manage end-to-end service operations. Both platforms function as collaborative tools, enhancing workforce efficiency.
Trusted by clients including Petronas, Maxis, and Edaran Otomobil Nasional Berhad, Pomen connects asset owners with a network of over 2,400 independent service providers nationwide. Through its innovative platforms, the company is continuously enhancing its data analytics module to provide deeper insights, predictive maintenance, and recommendation capabilities, with open API integrations.
VentureTECH’s investment will strengthen Pomen’s technological capabilities and drive its regional expansion into Southeast Asia. The collaboration also focuses on fostering innovation, enabling Pomen to refine its existing offerings, integrate emerging technologies, and extend its platforms to meet the diverse needs of industries. Through this growth, VentureTECH aims to position Pomen as a leader in digital transformation, contributing significantly to Malaysia’s evolving technology ecosystem.
Ahmad Redzuan Sidek, CEO of VentureTECH, said, “Our investment in Pomen underscores VentureTECH’s commitment to fostering transformative local companies that champion digital innovation, socio-economic progress, and environmental sustainability. Pomen’s cutting-edge platforms address inefficiencies in the fleet maintenance ecosystem and workforce management, empowering businesses to optimise operations while creating opportunities for Bumiputera entrepreneurs to thrive in high-value sectors.”
“Beyond enhancing Pomen’s market position, this partnership will generate high-value skilled jobs in technology and engineering. By strengthening the digital ecosystem and promoting advanced technological solutions, we aim to contribute to Malaysia’s aspirations of becoming a hub for innovation,” he added.
Syed Zulhilmi Tuan Sharif, CEO of Pomen, said, “This partnership with VentureTECH marks a pivotal milestone for Pomen, validating our vision to revolutionise asset maintenance and workforce management through innovative technology. With VentureTECH’s support, we are equipped to scale our solutions, expand our reach across various industries, and meet the growing demands of clients locally and regionally.”
“As we venture further into the ports and aviation sectors — industries that face similar challenges in asset reliability, operational efficiency, and workforce optimisation — we are committed to delivering cutting-edge solutions that drive efficiency, create value for our clients and stakeholders, and contribute to broader digital transformation initiatives,” he added.
This investment aligns with VentureTECH’s broader strategy to bridge funding gaps and strengthen the Malaysian startup ecosystem. This strategy is further reinforced through its collaboration with Cradle Fund Sdn Bhd (Cradle) under the Fund Funnel Programme, which aims to establish a more structured funding pathway for startups. Pomen exemplifies this initiative’s goal of making strategic investments in high-potential companies, fostering catalytic growth in high-growth, high-value (HGHV) sectors, particularly in digitalisation and advanced technology solutions.
By partnering with Pomen, VentureTECH strengthens its mandate to drive HGHV sectors while advancing Malaysia’s digital transformation agenda.
(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)
