Team

Two partners. Both operators.

No analysts, no layers. The people you meet in the first conversation are the people who run the diligence, sign the deal and do the work after it.

Portrait of Tim Grassin
Based in
Bangkok, Thailand
Leads at Mandu
Growth, sales and deal origination
Languages
English and French, fluent. Spanish, Finnish and Korean, intermediate.
Founding Partner

Tim Grassin

Three companies founded and sold, on two continents.

Tim started in finance in Montréal, then built two companies in Toronto: Stinson Design, a presentation design agency, and Candy Banners, a digital ad production studio. Both were acquired.

In 2018 he moved to Southeast Asia and co-founded TendoPay, a Philippine fintech serving employees through their employers. As Chief Commercial Officer he ran growth to more than 200 employer partners and $5M in annual recurring revenue before Tonik, the parent of Tonik Digital Bank, acquired the business.

Since then he has been a venture partner at Iterative and a mentor at 500 Startups. He hosts Next Big Wave, a podcast for founders in Southeast Asia, and organises the Bangkok Startup Association. Today he is co-founder and CEO of Kubegrade and runs Wangift in Bangkok. He has lived and worked in France, Canada, the Philippines and Thailand.

What he brings to a deal
Founder-led sales and go-to-market
Paid acquisition and marketing automation
Building and managing offshore teams
Three sale processes, from the seller's side
Record
2024 to now
Kubegrade
Co-founder and CEO
Now
Wangift
Founder and CEO
2024 to now
Next Big Wave
Podcast host
2018 to 2024
TendoPay
Co-founder and CCO. Acquired by Tonik.
2022 to 2023
Iterative
Venture Partner
2021 to 2023
Buko Ventures
Investor
2020 to 2023
500 Startups
Mentor
2013 to 2020
Candy Banners
Co-founder and CEO. Acquired by Native Touch.
2010 to 2018
Stinson Design
Founder and CEO. Acquired.
2008 to 2010
Centre Financier International Montréal
Financial Analyst

Speaker at Startup Grind Bangkok (2024) and the Founder Institute (2025).

Portrait of Caleb Fornari
Based in
San Francisco Bay Area, United States
Leads at Mandu
Technology, automation and operations
Works in
AWS, Google Cloud, Azure, Kubernetes, Terraform
Founding Partner

Caleb Fornari

Two decades making companies run faster and break less.

Caleb built some of the original AWS tooling for Netflix and was a contributor to Terraform, the infrastructure-as-code tool used across the industry. He then founded StartOps Group, a San Francisco DevOps firm, and led it as CTO for ten years.

Through StartOps he designed and implemented infrastructure automation for small and mid-sized companies across AWS, Google Cloud and Azure. Along the way he has talked with thousands of engineers and executives in hundreds of companies about why operational change stalls and how to get it moving again.

He writes, speaks and teaches on DevOps, and has been a guest and panelist on the Adventures in DevOps podcast. In 2024 he co-founded Kubegrade with Tim, where he leads engineering on AI agents for Kubernetes operations. He remains a board member and advisor at StartOps Group.

What he brings to a deal
Process mapping and automation
Cloud and data infrastructure
AI agents running in production
Technical and operational diligence
Record
2024 to now
Kubegrade
Co-founder and CTO
2024 to now
StartOps Group
Board Member and Advisor
2014 to 2024
StartOps Group
Founder and CTO
Earlier
Netflix
Built some of the original AWS tooling
Open source
Terraform
Contributor
Why two

One rebuilds how it sells. One rebuilds how it runs.

Already a team

Tim and Caleb have been co-founders since 2024, building Kubegrade together as CEO and CTO.

Bangkok and San Francisco

One partner on the ground in Southeast Asia, close to owners and operations. One in the United States.

Partner-led, every deal

Sourcing, diligence, the operating plan and the work after the close all sit with the same two people.

See what we have built.

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