What is Kaodim?
Kaodim operates as a comprehensive service marketplace, facilitating seamless transactions between service seekers and vetted professionals. From home maintenance experts like plumbers to creative specialists such as photographers, the platform serves as a centralized hub for service procurement. By leveraging a robust digital architecture, Kaodim has effectively digitized the local service economy, providing transparency, reliability, and efficiency in a sector historically characterized by informality. Its market position is defined by high-frequency user engagement and a scalable platform that adapts to the diverse needs of the Southeast Asian demographic.
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, East Ventures, and 500.com
Series B (2017): $7M supported by Square Peg Capital and Susquehanna International Group (SIG)
Key Investors in Kaodim
500.com
500.com Limited is a leading online sports lottery service provider in China, offering an integrated suite of digital tools and community venues.
East Ventures
East Ventures is a prominent venture capital firm in Southeast Asia, focusing on supporting visionary founders from Seed to Growth stages with a commitment to sustainable development.
Square Peg Capital
Square Peg is a venture capital firm that invests in emerging technology companies across the internet economy in Australia, New Zealand, Southeast Asia, and Israel.
What's next for Kaodim?
Following the recent major strategic investment, Kaodim is positioned to accelerate its product development and deepen its market penetration. The current lifecycle stage, characterized by enterprise-level funding, suggests a shift toward optimizing operational efficiency and enhancing platform features to maintain a competitive edge. Future strategic initiatives will likely focus on expanding the breadth of service categories and integrating advanced data analytics to improve matching algorithms. As the company matures, the focus will remain on sustainable growth and reinforcing its status as the premier service marketplace in the region, potentially exploring cross-border synergies or vertical integration to capture a larger share of the service-oriented digital economy.
See full Kaodim company page