About Cosmart
Cosmart is a company based in Jakarta (Indonesia) founded in 2022 by Robert Tan and Alvin Kumarga.. Cosmart has raised $9 million across 2 funding rounds from investors including Endeavor, Lightspeed Venture Partners and Vertex Ventures SG. Cosmart offers products and services including Cosmart Platform, Electronics Catalog, Grocery Supplies, and Office Supplies. Cosmart operates in a competitive market with competitors including HappyFresh, Segari, Dropezy, Pasarnow and Titipku, among others.
- Headquarter Jakarta, Indonesia
- Founders Robert Tan, Alvin Kumarga
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pt. Sukacita Teknologi Indonesia
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$9 M (USD)
in 2 rounds
-
Latest Funding Round
$5 M (USD), Seed
Oct 03, 2022
-
Investors
Endeavor
& 13 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 Cosmart
Cosmart offers a comprehensive portfolio of products and services, including Cosmart Platform, Electronics Catalog, Grocery Supplies, and Office Supplies. 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.
Online service for business supply ordering and delivery
Selection of electronic products for business operations
Procurement of household and food items for companies
Range of stationery and tools for office needs
Unlock access to complete
Unlock access to complete
Funding Insights of Cosmart
Cosmart has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in October 2022. 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 Seed — $5.0M
-
First Round
First Round
(01 Jun 2022)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Cosmart | Valuation | Lightspeed Venture Partners , East Ventures | |
| Jun, 2022 | Amount | Seed - Cosmart | Valuation | 4Di Capital , HAVAIC |
| 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 Cosmart
Cosmart has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Endeavor, Lightspeed Venture Partners and Vertex Ventures SG. 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 |
|---|---|---|---|---|
|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
|
Founded Year | Domain | Location | |
|
Venture capital funding is offered to technology startups in Africa.
|
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 Cosmart
| 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 - Cosmart
| 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 |
Cosmart Comparisons
Competitors of Cosmart
Cosmart 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 HappyFresh, Segari, Dropezy, Pasarnow and Titipku, 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 |
Hyperlocal grocery delivery is facilitated via a mobile app.
|
|
| domain | founded_year | HQ Location |
Multi-category grocery products are provided via an online platform.
|
|
| domain | founded_year | HQ Location |
Subscription-based online retailer for essential grocery products.
|
|
| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an online platform.
|
|
| domain | founded_year | HQ Location |
Multi-category grocery supplies are provided via an online platform.
|
| 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.
|
Frequently Asked Questions about Cosmart
When was Cosmart founded?
Cosmart was founded in 2022.
Where is Cosmart located?
Cosmart is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Cosmart a funded company?
Cosmart is a funded company, having raised a total of $9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jun 01, 2022.
What does Cosmart do?
Cosmart was founded in 2022 in Jakarta, Indonesia, as an app-based retail platform in the grocery sector. Operations are conducted through a mobile application available on Android and iOS devices. The catalog encompasses daily household essentials, snacks and confectionery, beverages, body care products, detergents, laundry items, office stationery, tobacco, and alcoholic beverages. Services focus on multi-category procurement for consumers in the region.
Who are the top competitors of Cosmart?
Cosmart's top competitors include Segari, HappyFresh and Pasarnow.
What products or services does Cosmart offer?
Cosmart offers Cosmart Platform, Electronics Catalog, Grocery Supplies, and Office Supplies.
Who are Cosmart's investors?
Cosmart has 14 investors. Key investors include Endeavor, Lightspeed Venture Partners, Vertex Ventures SG, HAVAIC, and East Ventures.