# Cosmart

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

- Industry: Retail
- Headquarters: Jakarta, Indonesia
- Website: www.cosmart.id
- Total disclosed funding: $5M
- Latest round: Seed (Oct 3, 2022)
- Investors on record: 3

## About

Based in Indonesia and founded in 2022, PT Sukacita Teknologi Indonesia, doing business as Cosmart, functions as an online retailer, managing the sale and purchase of groceries and other necessities.  The company was founded by co-founders Alvin Kumarga and Robert Tan. In October 2022, Cosmart raised USD 5 million in seed funding from East Ventures, Lightspeed Venture Partners, and Vertex Ventures SE Asia and India.

The company offers an application-based marketplace where consumers can buy a wide range of products including household items, body care products, snacks, meals, beverages, vitamins, offices, and stationery products. Additionally, the firm also provides products for pets as well as digital products like event tickets. To enhance the consumer experience, the business also provides delivery, shipment, and return services.

## Funding rounds

- Seed, Oct 3, 2022, $5M — Lightspeed Venture Partners, East Ventures, Vertex Ventures SE Asia & India

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- Vertex Ventures SE Asia & India — Seed