# Crowdonomic Media Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crowdonomic-media-pte

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.crowdo.com
- Total disclosed funding: $2.6M
- Latest round: Series A (Dec 29, 2017)
- Investors on record: 5

## About

Based in Singapore and founded in 2012, Crowdonomic Media Pte Ltd, trading as Crowdo operates as a fintech company that provides a crowdlending marketplace to facilitate startups and small-medium business segments with the process of capital raising. Leo Shimada and Nicola Castelnuovois are the co-founders of the company. Crowdo employs 38,000 members, more than 3500 projects, and a market presence in Singapore, Indonesia, and Malaysia. In January 2022, Crowdonomic Media Pte Ltd raised SGD 8 million in venture funding co-led by Ivest Capital, Gobi Partners, and SEEDS Capital.

The company offers a portfolio of alternative financing solutions through peer-to-peer lending, and securities and equity crowdfunding for small and medium enterprises (SMEs).  The firm provides its SME clients two platforms to digitize their operations and to access financing and banking products. Crowdo's advanced digital banking platform, a first-of-its-kind AI-powered credit scoring engine, and products and services are driven by ESG principles.

The organization plans to use the January 2022 funding to expand its neobank platform in Singapore and Indonesia and scale its ESG financing portfolio.

## Funding rounds

- Series A, Dec 29, 2017, $2.6M — Gobi Partners, Fairways Capital, Recruit Strategic Partners, Plum Ventures, Ivest Capital

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Fairways Capital (https://capitalatlas.ai/funds/fairways-capital) — Series A
- Recruit Strategic Partners (https://capitalatlas.ai/funds/recruit-strategic-partners) — Series A
- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Series A
- Ivest Capital (https://capitalatlas.ai/funds/ivest-capital) — Series A