About Cosmart
Cosmart is a Retail company based in Jakarta (Indonesia) founded in 2022 by Robert Tan and Alvin Kumarga. Multi-category grocery products are retailed via mobile app. 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. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its legal entity is PT. Sukacita Teknologi Indonesia. Its competitors include HappyFresh, Segari and Dropezy; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Jakarta, Indonesia
- Founders Robert Tan, Alvin Kumarga
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website cosmart.id
- Social LinkedIn Instagram
- Legal Name Pt. Sukacita Teknologi Indonesia
- Total Equity Funding$9M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Seed
Oct 2022
- InvestorsEndeavor
& 13 more
Products & Services of Cosmart
Cosmart offers a comprehensive portfolio of products and services, including Cosmart Platform, Electronics Catalog, Grocery Supplies, and Office Supplies.
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
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 $9M
- Total Rounds 2
- Last Round Seed — $5M
- First Round $4M
(Jun 2022)
- Investors Count 14
All 2 funding rounds of Cosmart with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $5M | Seed | – | Lightspeed Venture Partners, East Ventures | |
| Jun 2022 | $4M | Seed | – | 4Di Capital, HAVAIC |
14 investors in total: 8 institutional and 6 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability. | east.vc | |||
Venture capital funding is offered to technology startups in Africa. | kalonvp.com | Strathavon, South Africa | ||
Venture capital funding is offered to early-stage South African businesses. | e4eafrica.com | South Africa | ||
Early-stage centric tech and energy focused VC firm investing in geographies such as South Africa | 2015 | havaic.com | Cape Town, South Africa | |
Venture capital fund focused on multiple sectors | 1997 | vertexventures.sg | Singapore, Singapore | |
Early-stage venture capital is provided to Africa-based entrepreneurs. | 2009 | 4dicapital.com | Cape Town, South Africa | |
Global sports marketing, fashion, and entertainment services are provided. | 1898 | endeavorco.com | Beverly Hills, United States | |
HH Henry Hendrawan | unknown_565272fcef514068b | |||
AL Albert Lucius | Angel investor and entrepreneur, co-founder of Kalaari Capital, active in Indian startups | unknown_b8d57cf06aff43789 |
Investor details for Cosmart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cosmart
3 people are tracked at Cosmart (3 in leadership).
| Name | Role | Group |
|---|---|---|
Robert Tan | Co-Founder | Leadership |
Alvin Kumarga | Co-Founder | Leadership |
Yusuf Albar Masagus | Chief Operating Officer | Leadership |
Complete people profiles for Cosmart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cosmart
3 dated milestones of Cosmart, from founding to its latest funding, stage changes and deals.
- Founded Cosmart is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Seed, of $5.0M.
Competitors of Cosmart
Cosmart has 3 listed competitors in our database, 3 of them funded. They include HappyFresh, Segari and Dropezy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happyfresh.com | 2014 | Jakarta, Indonesia | $97M | Hyperlocal grocery delivery is facilitated via a mobile app. | ||
| segari.id | 2020 | Tangerang, Indonesia | $39.5M | Multi-category grocery products are provided via an online platform. | ||
| dropezy.com | 2019 | Jakarta, Indonesia | $2.5M | Subscription-based online retailer for essential grocery products. |
Detailed competitors of Cosmart
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Cosmart
Cosmart was founded in 2022.
Cosmart is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
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 2022.
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.
Cosmart's top competitors include Segari, HappyFresh and Dropezy.
Cosmart offers Cosmart Platform, Electronics Catalog, Grocery Supplies, and Office Supplies.
Cosmart has 14 investors. Key investors include Endeavor, Lightspeed Venture Partners, Vertex Ventures SG, HAVAIC, and East Ventures.
Cosmart operates through Pt. Sukacita Teknologi Indonesia.