About PasarPolis
PasarPolis is a company based in Jakarta (Indonesia) founded in 2015 by Cleosent Randing.. PasarPolis has raised $71 million across 6 funding rounds from investors including Gojek, Traveloka and Tokopedia. PasarPolis operates in a competitive market with competitors including Cermati, Lifepal, tanamduit, Futuready and CekAja, among others.
- Headquarter Jakarta, Indonesia
- Founders Cleosent Randing
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Sectors
Financial Services
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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
$71 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Gojek
& 11 more
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Employee Count
Employee Count
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Funding Insights of PasarPolis
PasarPolis has successfully raised a total of $71M across 6 strategic funding rounds. 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 6
- Last Round Last Round
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series B - PasarPolis | Valuation | Tokio Marine Insurance Group |
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| Sep, 2023 | Amount | Series B - PasarPolis | Valuation |
investors |
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| Feb, 2021 | Amount | Series B - PasarPolis | Valuation |
investors |
| 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 PasarPolis
PasarPolis has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Gojek, Traveloka and Tokopedia. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Private equity fund focused on banking, finance, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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Tech focused VC firm making investment in seed and early stage companies in the US & Asia
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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 PasarPolis
| 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 - PasarPolis
| 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 |
Pasarpolis Comparisons
Competitors of PasarPolis
PasarPolis 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 Cermati, Lifepal, tanamduit, Futuready and CekAja, 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 |
Comparison platform for financial products
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| domain | founded_year | HQ Location |
Insurance policies are compared and purchased online through the platform.
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| domain | founded_year | HQ Location |
Financial planning and advisory services are provided to individuals.
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| domain | founded_year | HQ Location |
Online platform to compare insurance products
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| domain | founded_year | HQ Location |
Financial and insurance products are compared via an online platform.
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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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Latest news on Pasarpolis
Frequently Asked Questions about PasarPolis
When was PasarPolis founded?
PasarPolis was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is PasarPolis located?
PasarPolis is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of PasarPolis?
Cleosent Randing is the current CEO of PasarPolis. They have also founded this company.
Is PasarPolis a funded company?
PasarPolis is a funded company, having raised a total of $71M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Apr 01, 2017.
What does PasarPolis do?
Founded in 2015 and based in Jakarta, Indonesia, PasarPolis operates as an online platform for insurance comparison targeted at individuals. Quotes are provided for cellphone screen protection against damage and theft, as well as health insurance covering treatments, surgeries, and medications. Claims processing services are also handled through the platform, facilitating access in the insurtech sector.
Who are the top competitors of PasarPolis?
Who are PasarPolis's investors?
PasarPolis has 12 investors. Key investors include Gojek, Traveloka, Tokopedia, Xiaomi, and International Finance Corporation.
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