About Cakap
Cakap is a company based in Jakarta (Indonesia) founded in 2015. Cakap has raised $20.5 million across 4 funding rounds from investors including KB Investment, MDI Ventures and Heritas Capital Management. Cakap offers products and services including Language Learning App, Upskill Courses, and Corporate Training. Cakap operates in a competitive market with competitors including Tandem, Busuu, Speak, Lingoda and Verbling, among others.
- Headquarter Jakarta, Indonesia
- Stage Minicorn
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Pt Cerdas Digital Nusantara
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20.5 M (USD)
in 4 rounds
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Latest Funding Round
$7.5 M (USD), Series C
Apr 13, 2023
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Investors
KB Investment
& 7 more
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Employee Count
Not available
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Products & Services of Cakap
Cakap offers a comprehensive portfolio of products and services, including Language Learning App, Upskill Courses, and Corporate Training.
App for interactive language courses in multiple languages
Online programs for career skills and certification
Tailored upskilling for companies and employees
People of Cakap
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Funding Insights of Cakap
Cakap has successfully raised a total of $20.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $7.5 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cakap
Cakap has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include KB Investment, MDI Ventures and Heritas Capital Management.
| Investor | Description | Founded Year | Domain | Location |
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Corporate-backed venture capital is directed toward fintech and cloud sectors.
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Private equity and venture capital investment firm
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A fund focused on sustainable development in Indonesia.
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Investor details for Cakap
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Investments & Acquisitions by Cakap
Investment portfolio details for Cakap
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - Cakap
Detailed financials for Cakap
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Cakap Comparisons
Peer comparison for Cakap
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Competitors of Cakap
Cakap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tandem, Busuu, Speak, Lingoda and Verbling, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A language learning app facilitating user-driven conversation exchanges.
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Social networking for language learning is enabled via mobile platform.
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Speak is recognized as an AI-driven language learning application.
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Online language tutoring is delivered via native speakers.
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Offering solutions for live video language learning
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Detailed competitors of Cakap
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Latest news on Cakap
Complete news archive for Cakap
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Frequently Asked Questions about Cakap
Cakap was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Cakap is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Cakap is a funded company, having raised a total of $20.5M across 4 funding rounds to date.
Cakap was founded in 2015 in Jakarta, Indonesia, as an edtech company focused on language learning. A SaaS and mobile app platform is utilized to deliver one-on-one online tutoring sessions for English, Mandarin, Japanese, and Indonesian. Progress reports and certifications are provided to learners. The application is accessible on both Android and iOS devices, supporting users across these languages.
Cakap offers Language Learning App, Upskill Courses, and Corporate Training.
Cakap has 8 investors. Key investors include KB Investment, MDI Ventures, Heritas Capital Management, Indo-Pacific Impact Fund, and unknown.
The valuation of Cakap is $100M as of Apr 2023.