About Jocom
Jocom is a Retail company based in Kuala Lumpur (Malaysia) founded in 2011. Jocom has raised $3.15 million across 2 funding rounds from investors including Koperasi Pendidikan Usahawan Berhad. Jocom was last valued at $11.77 million in August 2020. Jocom offers products and services including Grocery Platform, Beverages Section, and Frozen Food Section. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Multi Category. Its legal entity is Jocom MShopping Sdn Bhd. Its competitors include 24Dokan, Potboy Groceries and Tesco; 1 of its 3 listed competitors has raised funding.
Company details
App-based offering groceries order and delivery service. The app facilitates users to search for the required products using the stand search feature or by scanning the QR code printed on the product. JOCOM claims to deliver the order within 24 hrs from the point of purchase. The company offers mobile applications for Android and iOS platforms.
- Headquarters Kuala Lumpur, Malaysia
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website jocom.my/maintenance.php
- Social X Facebook Instagram YouTube
- Legal Name Jocom Mshopping Sdn Bhd
- Total Equity Funding$3.15M (USD)
in 2 rounds
- Latest Funding Round$1.2M (USD), Seed
Aug 2020
Products & Services of Jocom
Jocom offers a comprehensive portfolio of products and services, including Grocery Platform, Beverages Section, and Frozen Food Section.
Platform for online ordering and delivery of groceries and household items
Online store for various beverages and drinks selection
Section for ordering frozen foods and snacks online
Apps and channels of Jocom
its YouTube channel Jocom TV has 183 subscribers and 30 videos.
Videos from Jocom
The most watched videos on Jocom's YouTube channel, Jocom TV (183 subscribers). Click a video to play it here.
More on Jocom TV.
Funding Insights of Jocom
Jocom has successfully raised a total of $3.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in August 2020. 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 $3.15M
- Total Rounds 2
- Last Round Seed — $1.2M
- First Round $1.96M
(Dec 2019)
- Investors Count 1
All 2 funding rounds of Jocom 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 |
|---|---|---|---|---|---|
| Aug 2020 | $1.2M | Seed | $11.77M | Koperasi Pendidikan Usahawan Berhad | – |
| Dec 2019 | $1.96M | Seed | $10.65M | Koperasi Pendidikan Usahawan Berhad | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2020 | $11.77M | •••••••• |
| Dec 2019 | $10.65M | •••••••• |
Last known valuation $11.77M (Aug 2020). 1 investors in total: 1 institutional.
Investors in Jocom
Jocom has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Koperasi Pendidikan Usahawan Berhad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investor details for Jocom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Jocom
1 people are tracked at Jocom (1 in leadership).
| Name | Role | Group |
|---|---|---|
Joshua Sew | CEO | Leadership |
Complete people profiles for Jocom
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Jocom
4 dated milestones of Jocom across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Jocom is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.2M.
Competitors of Jocom
Jocom has 3 listed competitors in our database, 1 of them funded. They include 24Dokan, Potboy Groceries and Tesco.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 24dokan.com | 2020 | Malaysia | Manages an e-commerce store for multi-category grocery products. | |||
| potboy.com.my | 2016 | Seri Kembangan, Malaysia | $1.03M | Online groceries and household items are delivered nationwide. | ||
| tesco.com.my | 2002 | Kuala Lumpur, Malaysia | Multi-category grocery products are retailed through an online platform. |
Detailed competitors of Jocom
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Related news about Jocom
Complete news archive for Jocom
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Frequently Asked Questions about Jocom
Jocom was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Jocom is headquartered in Kuala Lumpur, Malaysia.
Jocom is a funded company, having raised a total of $3.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.96M, raised on Dec 2019.
App-based offering groceries order and delivery service. The app facilitates users to search for the required products using the stand search feature or by scanning the QR code printed on the product. JOCOM claims to deliver the order within 24 hrs from the point of purchase. The company offers mobile applications for Android and iOS platforms.
Jocom's top competitors include Potboy Groceries, Tesco and 24Dokan.
Jocom offers Grocery Platform, Beverages Section, and Frozen Food Section.
Jocom has 1 investor. Key investors include Koperasi Pendidikan Usahawan Berhad.
The valuation of Jocom is $11.77M as of Aug 2020.
Jocom operates through Jocom Mshopping Sdn Bhd.