About Kick Avenue
Kick Avenue is a company based in Jakarta (Indonesia) founded in 2017.. Kick Avenue has raised $2.9 million across 2 funding rounds from investors including KREAM, SneakerLAH and Insignia Ventures Partners. Kick Avenue operates in a competitive market with competitors including Wolverine Minerals, POLLENZO, Raysshoes, Spatuku and Sinar Sepatu, among others.
- Headquarter Jakarta, Indonesia
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Sectors
Retail
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Email
***********
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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
$2.9 M (USD)
in 2 rounds
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Latest Funding Round
$2.9 M (USD), Series A
Jan 24, 2023
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Investors
KREAM
& 2 more
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Employee Count
Employee Count
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Funding Insights of Kick Avenue
Kick Avenue has successfully raised a total of $2.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.9 million completed in January 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 Series A — $2.9M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - Kick Avenue | Valuation | KREAM , SneakerLAH |
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| Jun, 2019 | Amount | Seed - Kick Avenue | Valuation | Insignia Ventures Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Kick Avenue
Kick Avenue has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include KREAM, SneakerLAH and Insignia Ventures Partners. 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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Venture capital services and app-based platform requiring JavaScript.
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Founded Year | Domain | Location | |
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Multi-category fashion products are resold, bought, and traded online.
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Founded Year | Domain | Location | |
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Footwear retailing is operated by SneakerLAH in Kuala Lumpur, Malaysia.
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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 Kick Avenue
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Kick Avenue
| 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 |
Kick Avenue Comparisons
Competitors of Kick Avenue
Kick Avenue 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 Wolverine Minerals, POLLENZO, Raysshoes, Spatuku and Sinar Sepatu, 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 |
Manages an e-commerce store specializing in footwear products.
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| domain | founded_year | HQ Location |
POLLENZO operates an e-commerce store specializing in footwear sales.
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| domain | founded_year | HQ Location |
Operates a digital retail platform for footwear products.
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| domain | founded_year | HQ Location |
A digital marketplace dedicated to a wide range of shoes and footwear options.
|
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| domain | founded_year | HQ Location |
Sinar Sepatu is an online retail store specializing in footwear.
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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 Kick Avenue
When was Kick Avenue founded?
Kick Avenue was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Kick Avenue located?
Kick Avenue is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Kick Avenue a funded company?
Kick Avenue is a funded company, having raised a total of $2.9M across 2 funding rounds to date.
What does Kick Avenue do?
Kick Avenue was founded in 2017 in Jakarta, Indonesia, as an online retailer in the fashion sector. A catalog of sneakers for men and women is maintained, available in various sizes and colors. Apparel such as sweatshirts, t-shirts, and pants is also provided. Fashion accessories including bags and hats are offered through the platform at kickavenue.com. Operations focus on e-commerce distribution within Indonesia.
Who are the top competitors of Kick Avenue?
Kick Avenue's top competitors include Wolverine Minerals, POLLENZO and Raysshoes.
Who are Kick Avenue's investors?
Kick Avenue has 3 investors. Key investors include KREAM, SneakerLAH, and Insignia Ventures Partners.