

Partnering with exceptional founders to build enduring companies.

Managing Partner
Herman Widjaja is a technology executive, investor, and builder with more than two decades of experience building products, platforms, and engineering organizations across the U.S. and Southeast Asia, serving hundreds of millions of users. Throughout his career, he has held technology leadership roles at Microsoft, Amazon, Meta, Google, ByteDance, and most recently served as Chief Technology Officer at Tokopedia, where he led organizations spanning AI, data, fintech, and large-scale digital platforms.
Today, Herman is the Founder of HM Capital, an operator-led investment firm built on the philosophy of Harmoni Mahakarya—the belief that extraordinary companies are created when visionary founders, operational excellence, technology, and patient capital work in harmony. He partners with exceptional founders to help build enduring companies by bringing together technology leadership, operational experience, and long-term partnership.
Connect on LinkedInOur Foundation
Core Belief
Great companies aren't built by capital alone. They are built by exceptional founders who execute relentlessly, embrace technology, and create lasting value. Our role is to partner with those founders from the earliest stages to help build enduring businesses.
Investment Thesis
We invest in exceptional founders with the discipline to build enduring companies through technology, innovation, and sustainable business fundamentals.
How We Work
We invest in founders creating companies designed to generate lasting value, not just short-term growth.
Exceptional founders — not markets, trends, or valuations — are the foundation of every enduring company.
We partner with founders through operational experience, technology expertise, and long-term commitment — not funding alone.
Selected Portfolio
Family office focused on high-quality Indonesian public companies.