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
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pt Cerdas Digital Nusantara
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$20.5 M (USD)
in 4 rounds
-
Latest Funding Round
$7.5 M (USD), Series C
Apr 13, 2023
-
Investors
KB Investment
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Cakap
Cakap offers a comprehensive portfolio of products and services, including Language Learning App, Upskill Courses, and Corporate Training. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for interactive language courses in multiple languages
Online programs for career skills and certification
Tailored upskilling for companies and employees
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $7.5M
-
First Round
First Round
(22 Dec 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series C - Cakap | Valuation | MDI Ventures , Heritas Capital Management |
|
| Mar, 2022 | Amount | Series B - Cakap | Valuation | Indonesia Impact Fund |
|
| Dec, 2021 | Amount | Series B - Cakap | Valuation | unknown , Heritas Capital Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Corporate-backed venture capital is directed toward fintech and cloud sectors.
|
Founded Year | Domain | Location | |
|
Private equity and venture capital investment firm
|
Founded Year | Domain | Location | |
|
A fund focused on sustainable development in Indonesia.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cakap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cakap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cakap Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
|
|
| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
|
|
| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
|
|
| domain | founded_year | HQ Location |
Online language tutoring is delivered via native speakers.
|
|
| domain | founded_year | HQ Location |
Offering solutions for live video language learning
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cakap
Frequently Asked Questions about Cakap
When was Cakap founded?
Cakap was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Cakap located?
Cakap is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Cakap a funded company?
Cakap is a funded company, having raised a total of $20.5M across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Dec 22, 2020.
What does Cakap do?
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.
What products or services does Cakap offer?
Cakap offers Language Learning App, Upskill Courses, and Corporate Training.
Who are Cakap's investors?
Cakap has 8 investors. Key investors include KB Investment, MDI Ventures, Heritas Capital Management, Indo-Pacific Impact Fund, and unknown.
What is Cakap's valuation?
The valuation of Cakap is $100M as of Apr 2023.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.