# Kaodim Sdn. Bhd.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kaodim-sdn-bhd

- Industry: Internet
- Headquarters: Petaling Jaya, Malaysia
- Website: www.kaodim.com
- Total disclosed funding: $12M
- Latest round: Series A (Jan 8, 2018)
- Investors on record: 7

## About

Kaodim Sdn. Bhd. is a Malaysian service provider platform that connects users with local service professionals for various needs, enhancing the efficiency of service delivery across multiple sectors.Founded in 2014 and headquartered in Petaling Jaya, Malaysia, Kaodim Sdn. Bhd. operates a digital marketplace that facilitates the hiring of service professionals. The company's founder, Jeffri Cheong, previously engaged in ventures that emphasize technology solutions. In July 2022, Kaodim ceased its operations following a total of 3 deals, with its latest funding round being a Series A where they raised USD 11.00 mn from investors including 500 Global, BEENEXT, East Ventures, SIG Asia Investment, and Square Peg. The company reached a current valuation of USD 20.587 mn.Kaodim Sdn. Bhd. specializes in providing a digital platform that connects users with local service providers. The services cover a wide range including home repairs, cleaning, and event planning, tailored to meet the needs of both individual consumers and businesses. Their platform enhances user experience by permitting comparisons of service offers, ratings, and reviews, ensuring informed decision-making for clients.In the most recent financial year, 2022, Kaodim generated USD 1,058,577.40 in revenue, while reporting an EBITDA of USD -2,426,150.10.As of July 2022, Kaodim Sdn. Bhd. has discontinued its operations, and therefore, there are no future growth plans or product launches to discuss. The cessation of operations indicates a significant pivot away from their previous business strategy.

## Funding rounds

- Series A, Jan 8, 2018, $11M — SIG Asia Investment, 500 Global, East Ventures, Square Peg, BEENEXT
- Seed, Jul 29, 2016, $0.6M — East Ventures, 500 Startups, KK Fund

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A
- 500 Startups — Seed
- KK Fund (https://capitalatlas.ai/funds/kk-fund) — Seed
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A