What is Kaodim?
Kaodim operates as a leading service marketplace within its region, headquartered in Malaysia. The platform connects users with a diverse range of service providers, encompassing everything from essential home repairs by plumbers to specialized needs like photography services. By consolidating a multitude of service offerings, Kaodim aims to streamline the process for consumers seeking reliable and accessible professional assistance, establishing itself as a go-to digital hub for everyday needs.
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 Susquehanna International Group (SIG) and Square Peg Capital
Key Investors in Kaodim
500.com
500.com Limited is a leading online sports lottery service provider in China, offering integrated online lottery services and information. It was among the first companies to provide online lottery services in China and is approved by the Ministry of Finance for online lottery sales.
Beenext
Beenext is a venture capital firm that invests in early-stage technology companies, particularly in the internet and software sectors, with a focus on emerging markets.
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 strong emphasis on sustainable development and social impact.
What's next for Kaodim?
With the recent major strategic investment, Kaodim is poised for accelerated growth and further market consolidation. This infusion of capital is expected to fuel expansion into new territories, enhance its technological infrastructure, and broaden its service provider network. The company's focus will likely remain on optimizing the user experience and strengthening its competitive advantage in the burgeoning on-demand service industry, leveraging its established presence and strategic backing to solidify its leadership position.
See full Kaodim company page
