# Bibit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bibit

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.bibit.id
- Total disclosed funding: $30M
- Latest round: Series A (Jan 5, 2021)
- Investors on record: 5

## About

Based in Jakarta, Indonesia, and founded in 2019, PT Seeds Grow Together doing business as Bibit operates as a software development company that offers a mobile application that lets its users invest in mutual funds. The company was Co-founded by Sigit Kouwagam (CTO) and Wellson Lo (CPO).

The company offers a mobile application for Android and iOS which helps users to invest in mutual funds without any minimum deposits. The platform is used by beginners and advanced users and lets them invest in mutual funds, SBN, FR bonds, and shares. The company provides online wallet and robo-advisory services to its clients.

## Funding rounds

- Series A, Jan 5, 2021, $30M — Hong Shan, 500 Global, East Ventures, EV Growth, AC Ventures

## Investors

- Hong Shan — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series A
- EV Growth — Series A
- AC Ventures — Series A