What is Kaodim?
Kaodim operates as a leading service marketplace within its region, offering a wide array of services ranging from plumbing to photography. Headquartered in Malaysia, the company has established itself as a key player in connecting consumers with service providers, streamlining the process of finding and booking essential services. Its comprehensive platform aims to meet diverse customer needs, solidifying its role in the digital service economy.
How much funding has Kaodim raised?
Kaodim has raised a total of $11.6M across 3 funding rounds:
Angel/Seed
$550K
Series A
$4M
Series B
$7M
Angel/Seed (2015): $550K with participation from 500.com
Series A (2015): $4M led by Beenext, 500.com, and East Ventures
Series B (2017): $7M supported by Square Peg Capital and Susquehanna International Group (SIG)
Key Investors in Kaodim
500.com
500.com is a leading online sports lottery service provider in China, offering integrated online lottery services. It is one of the few entities approved by the Ministry of Finance to provide online lottery sales services.
Beenext
Beenext is a venture capital firm that invests in early-stage technology companies, particularly in the Southeast Asian region, focusing on disruptive business models.
East Ventures
East Ventures is a highly active venture capital firm in Southeast Asia, supporting founders from Seed to Growth stages with a focus on sustainable development and ESG-driven initiatives.
What's next for Kaodim?
With the recent infusion of capital, Kaodim is poised for accelerated growth and strategic expansion. The major strategic investment signals confidence from backers in the company's business model and its potential to further dominate the service marketplace. Future initiatives are likely to focus on enhancing its service offerings, expanding its geographical reach, and optimizing its operational efficiency to capitalize on market opportunities and reinforce its leadership position.
See full Kaodim company page
