# PT. International Trade Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-international-trade-space

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: https://credibook.com
- Total disclosed funding: $10M
- Latest round: Series A (Apr 6, 2022)
- Investors on record: 6

## About

PT. International Trade Space is a digital solutions provider in Indonesia, specializing in innovative bookkeeping and wholesale marketplace services for small and medium-sized enterprises (SMEs), enhancing their operational efficiency and financial management.Founded in 2019 in Jakarta, Indonesia, PT. International Trade Space operates primarily through its flagship products, CrediBook and CrediMart. The company has raised a total of USD 8.1 mn in Series A funding, led by Monk's Hill Ventures, with participation from Insignia Ventures Partners and Wavemaker Partners. The company has completed three deals, with the most recent deal occurring on April 6, 2022. The founders include Christian Lie, Dekha Anggareska, and Gabriel Frans, with Gabriel Frans currently serving as CEO.PT. International Trade Space offers two main products: CrediBook, a digital bookkeeping application that enables users to manage their financial activities including income, expenses, and debts, and CrediMart, an online B2B wholesale marketplace. CrediMart facilitates transactions between retailers and suppliers, helping SMEs streamline their procurement processes. The company has over 745,000 registered users and 330,000 active businesses utilizing its solutions across more than 30 cities in Indonesia.The company generates revenue through subscription fees for CrediBook and transaction fees from CrediMart. This structure allows PT. International Trade Space to earn from both the digital bookkeeping service and the B2B transactions facilitated through its platform, promoting continuous engagement between retailers and wholesalers.Following the Series A funding of USD 8.1 mn raised in April 2022, PT. International Trade Space plans to invest in product development, hire new talent, and expand its product categories from wholesalers. The company aims to onboard new wholesale partners and expand its geographic reach to enhance its services. These initiatives are crucial for supporting its growth strategy and improving its offerings in the digital marketplace.

## Funding rounds

- Series A, Apr 6, 2022, $8.1M — Wavemaker Partners, Monk's Hill Ventures, Insignia Ventures Partners
- Seed, Jan 19, 2021, $1.5M — Wavemaker Partners, Alpha JWC Ventures, Insignia Ventures Partners, PT. Ajwcs Sinergi Dua
- Seed, Oct 16, 2020, $0.8M — Insignia Ventures Partners, Fazz, Inc.

## Investors

- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Seed, Series A
- Fazz, Inc. — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed, Series A
- Alpha JWC Ventures (https://capitalatlas.ai/funds/alpha-jwc-ventures) — Seed
- PT. Ajwcs Sinergi Dua — Seed
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Series A