About Snapcart
Snapcart is a company based in Jakarta (Indonesia) founded in 2015 by Araya Hutasuwan.. Snapcart has raised $14.68 million across 4 funding rounds from investors including Social Capital, Wavemaker Partners and Vickers Venture Partners. Snapcart offers products and services including TASC, OPTI, and PASS. Snapcart operates in a competitive market with competitors including OSF Commerce, ZeeUs, Shooper, Mediaopt and Tickendy, among others.
- Headquarter Jakarta, Indonesia
- Founders Araya Hutasuwan
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Sectors
RetailTechnology
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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
$14.68 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series A
Oct 25, 2017
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Investors
Social Capital
& 7 more
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Employee Count
Employee Count
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Products & Services of Snapcart
Snapcart offers a comprehensive portfolio of products and services, including TASC, OPTI, and PASS. 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.
Reaches target audience using offline purchase data
Optimizes campaigns with purchase-based seed data
Drives conversions through personalized shopper offers
Funding Insights of Snapcart
Snapcart has successfully raised a total of $14.68M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in October 2017. 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 4
- Last Round Series A — $10.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - Snapcart | Valuation | Vickers Venture Partners | |
| Mar, 2017 | Amount | Series A - Snapcart | Valuation | Vickers Venture Partners | |
| Jan, 2016 | Amount | Seed - Snapcart | Valuation | Wavemaker Partners |
| 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 Snapcart
Snapcart has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Social Capital, Wavemaker Partners and Vickers Venture 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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Growth-stage venture capital is invested in Singapore and China.
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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Multi-stage tech-focused VC investment company funding companies in globally
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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 Snapcart
| 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 - Snapcart
| 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 |
Snapcart Comparisons
Competitors of Snapcart
Snapcart 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 OSF Commerce, ZeeUs, Shooper, Mediaopt and Tickendy, 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 |
Cloud-based customer engagement solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Omni-commerce software solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Provides coalition-based check-in loyalty solutions for businesses.
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| domain | founded_year | HQ Location |
Provides eCommerce development, API integrations, and AI solutions for businesses.
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| domain | founded_year | HQ Location |
Cloud-based event ticketing management software is provided for events.
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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 Snapcart
Frequently Asked Questions about Snapcart
When was Snapcart founded?
Snapcart was founded in 2015.
Where is Snapcart located?
Snapcart is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Snapcart a funded company?
Snapcart is a funded company, having raised a total of $14.68M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.68M, raised on Sep 02, 2015.
What does Snapcart do?
Snapcart is an app-based platform offering reward-based solutions for customers. Its mobile application helps shoppers to earn cash backs when they shop daily groceries and other products. Shoppers can snap their receipts after check out from the cashier and receive cash backs in the form of real cash once the receipt has been validated. The company creates a database of customers based on their shopping behavior and provides real-time insights to brands and retailers. Clients include LOreal, Garnier, Nestle, and more. It also provides rewards on completing the surveys, watching videos, and more. The company offers mobile applications for Android and IOS devices.
Who are the top competitors of Snapcart?
Snapcart's top competitors include OSF Commerce, ZeeUs and Tickendy.
What products or services does Snapcart offer?
Snapcart offers TASC, OPTI, and PASS.
Who are Snapcart's investors?
Snapcart has 8 investors. Key investors include Social Capital, Wavemaker Partners, Vickers Venture Partners, SPH Ventures, and Kickstart Ventures.