GoCement
Latest round
- Seed
Last raised
- Jan 2022
Total raised
- $1M
Investors
- 3
About GoCement
Founded in 2019 in Indonesia, GoCement operates as a digital marketplace for construction materials. The company has pivoted to enhance its platform's connectivity between suppliers and users. Djonny Suwanto is the CEO and founder of GoCement, who has previously established other ventures.GoCement operates as a leading marketplace for construction materials in Indonesia, providing a digital platform that connects users with a wide array of building supplies. The company offers a comprehensive selection of products essential for various stages of construction, including foundational materials, structural components, wall and roof installations, flooring, and finishing touches. Their core offerings encompass well-known brands and a diverse range of materials, such as cement, steel, wood, and other essential construction supplies. GoCement serves a broad client base, including contractors, builders, and individual consumers, primarily within the Indonesian market, with particular emphasis on the regions of East Java.GoCement’s revenue model is structured around facilitating transactions between construction material suppliers and end users through its marketplace platform. The company generates income from product sales, enabling a seamless B2B and B2C transaction process. Customers can purchase materials directly from partnered suppliers, with the ability to compare prices and select products that meet their budgetary needs. Pricing varies based on the specific products offered, such as bulk cement or specialized construction materials. This structure allows GoCement to cater to a diverse range of customers, ensuring that both small DIY projects and large-scale construction endeavors are adequately supported. This strategic move aims to enhance their marketplace reach and improve product availability. The company is also focused on expanding its operations across other regions in Indonesia, with specific plans to target areas that have shown growth potential in the construction sector.
Who invested in GoCement
3 investors across 1 round
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Funding rounds
Seed
Jan 7, 2022
Amount
$1M
Investors
Questions about GoCement
Who invested in GoCement?
GoCement has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GoCement raised?
GoCement has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GoCement last raise money?
GoCement's most recent round on record is a Seed, in Jan 2022.
What does GoCement do?
Founded in 2019 in Indonesia, GoCement operates as a digital marketplace for construction materials.
Where is GoCement headquartered?
GoCement is headquartered in Indonesia.
Which VCs invest in companies like GoCement?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back construction companies at GoCement's stage. Their profiles are linked below.
VCs backing construction startups at Seed
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