About Komunal
Komunal is a company based in Surabaya (Indonesia) founded in 2018.. Komunal has raised $16.1 million across 3 funding rounds from investors including Sumitomo Corporation Equity Asia, JAFCO Asia and Skystar Capital. Komunal offers products and services including Peer-to-Peer Lending Platform and DepositoBPR. Komunal operates in a competitive market with competitors including Funding Societies, Modalku, Validus, Alami Sharia and Modal Nasional, among others.
- Headquarter Surabaya, Indonesia
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Sectors
Financial Services
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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
$16.1 M (USD)
in 3 rounds
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Latest Funding Round
$5.5 M (USD), Series A
Dec 01, 2023
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Investors
Sumitomo Corporation Equity Asia
& 7 more
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Employee Count
Employee Count
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Products & Services of Komunal
Komunal offers a comprehensive portfolio of products and services, including Peer-to-Peer Lending Platform and DepositoBPR. 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.
Digital platform for peer-to-peer lending to support Indonesian SMEs
Marketplace for rural bank deposit products across Indonesia
Funding Insights of Komunal
Komunal has successfully raised a total of $16.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in December 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 3
- Last Round Series A — $5.5M
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First Round
First Round
(22 Sep 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - Komunal | Valuation | Sumitomo | |
| Jan, 2023 | Amount | Series A - Komunal | Valuation | East Ventures | |
| Sep, 2021 | Amount | Series A - Komunal | Valuation | East Ventures |
| 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 Komunal
Komunal has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Sumitomo Corporation Equity Asia, JAFCO Asia and Skystar Capital. 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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Private equity investments across Asia are handled by Sumitomo.
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Founded Year | Domain | Location | |
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Investments in early-stage tech startups are made by JAFCO Asia.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by Skystar Capital venture fund.
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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 Komunal
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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.
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2016 |
Financial Statements - Komunal
| 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 |
Komunal Comparisons
Competitors of Komunal
Komunal 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 Funding Societies, Modalku, Validus, Alami Sharia and Modal Nasional, 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 |
Business loans are provided via a P2P marketplace platform.
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| domain | founded_year | HQ Location |
Business loans are facilitated via a peer-to-peer marketplace platform.
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| domain | founded_year | HQ Location |
A P2P platform for business loans is operated.
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| domain | founded_year | HQ Location |
Online P2P lending marketplace offering diversified loans to businesses
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| domain | founded_year | HQ Location |
Offers comprehensive solutions for consumer and SME loans to facilitate financial access.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Komunal
Frequently Asked Questions about Komunal
When was Komunal founded?
Komunal was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Komunal located?
Komunal is headquartered in Surabaya, Indonesia. It is registered at Surabaya, East Java, Indonesia.
Is Komunal a funded company?
Komunal is a funded company, having raised a total of $16.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.1M, raised on Sep 22, 2021.
What does Komunal do?
Komunal was established in 2018 in Surabaya, Indonesia, as an internet-first bank targeting underbanked rural populations. Digital services such as online deposits, savings, transfers, and P2P lending for SMEs are offered in partnership with rural banks. Two subsidiary products, DepositoBPR and Komunal P2P, are maintained to support these operations within the fintech sector.
Who are the top competitors of Komunal?
Komunal's top competitors include Funding Societies, Modalku and Validus.
What products or services does Komunal offer?
Komunal offers Peer-to-Peer Lending Platform and DepositoBPR.
Who are Komunal's investors?
Komunal has 8 investors. Key investors include Sumitomo Corporation Equity Asia, JAFCO Asia, Skystar Capital, Sovereign's Capital, and Gobi Partners.