About Cashtree
Cashtree is a company based in Jakarta (Indonesia) founded in 2015 by Dallen Kim.. Cashtree has raised $4 million across 2 funding rounds from investors including Korea Investment Holdings and Kakao Ventures. Cashtree operates in a competitive market with competitors including Glance, Affle, Buzzvil, Versus Systems and Aquto, among others.
- Headquarter Jakarta, Indonesia
- Founders Dallen Kim
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$150.15 K (USD), Token Sale
Sep 05, 2023
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Investors
Korea Investment Holdings
& 1 more
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Employee Count
Employee Count
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Funding Insights of Cashtree
Cashtree has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $150.15 thousand completed in September 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 2
- Last Round Token Sale — $150,150
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First Round
First Round
(21 Sep 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Token Sale - Cashtree | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Cashtree | Valuation | Korea Investment Holdings , Kakao Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cashtree
Cashtree has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Korea Investment Holdings and Kakao Ventures. 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 |
|---|---|---|---|---|
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward IT startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cashtree
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cashtree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cashtree Comparisons
Competitors of Cashtree
Cashtree 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 Glance, Affle, Buzzvil, Versus Systems and Aquto, 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 |
Personalized content is provided on mobile lock screens by Glance.
|
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| domain | founded_year | HQ Location |
Consumer intelligence-driven mobile marketing platform is provided for user acquisition.
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| domain | founded_year | HQ Location |
Targeted ads and content are delivered via lock screen platforms.
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| domain | founded_year | HQ Location |
Platform offering reward based advertising solution
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| domain | founded_year | HQ Location |
Mobile Data For Engagement
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cashtree
When was Cashtree founded?
Cashtree was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Cashtree located?
Cashtree is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of Cashtree?
Dallen Kim is the current CEO of Cashtree. They have also founded this company.
Is Cashtree a funded company?
Cashtree is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Sep 21, 2016.
What does Cashtree do?
Cashtree was founded in 2015 in Jakarta, Indonesia, within the fintech sector. A mobile application is operated to enable transfers of cash-free tokens via a blockchain-based reward system. Users tokens can be exchanged for vouchers or withdrawn through designated exchanges. Services encompass cash and snap cash rewards, bidding mechanisms, shopping options, event participation, and games. Operations focus on user engagement in Indonesia.
Who are the top competitors of Cashtree?
Cashtree's top competitors include Affle, Buzzvil and Versus Systems.
Who are Cashtree's investors?
Cashtree has 2 investors. Key investors include Korea Investment Holdings, and Kakao Ventures.