# Pt. TipTip Network Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-tiptip-network-indonesia

- Industry: Internet
- Headquarters: Jakarta, Indonesia
- Website: www.tiptip.tv
- Total disclosed funding: $25M
- Latest round: Series A (Dec 28, 2022)
- Investors on record: 6

## About

Based in Jakarta, Indonesia, and founded in 2019 by Albert Lucius, Pt. TipTip Network Indonesia, aka TipTip, operates as a provider of a platform as a service enabling content producers to interface and monetize their relationships with their audiences.  In March 2022, Pt. TipTip Network Indonesia, which employs more than 70 employees and functions in Indonesia and Singapore, raised USD 10 million in seed funding led by new investor East Ventures, with participation from other new investors.

TipTip provides a platform for customers to monetize their hobbies through streamlined video sessions, the sale of premium digital material, and association with their fanbase. The firm also offers native monetization options such as on-platform tipping, as well as local KYC and payment integration.

The company plans to use the funds raised in 2022 for development of its product platform and to strengthen its workforce.

## Funding rounds

- Series A, Dec 28, 2022, $15M — Vertex Ventures Southeast Asia & India, Z Venture Capital, East Ventures, SMDV, B.I.G. Ventures
- Seed, Apr 14, 2022, $7.3M — Vertex Ventures Southeast Asia & India, East Ventures, SMDV
- Seed, Oct 14, 2021, $2.5M — East Ventures, Emtek Group

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A
- Emtek Group — Seed
- Vertex Ventures Southeast Asia & India (https://capitalatlas.ai/funds/vertex-ventures-southeast-asia-india) — Seed, Series A
- SMDV (https://capitalatlas.ai/funds/smdv) — Seed, Series A
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Series A
- B.I.G. Ventures (https://capitalatlas.ai/funds/b-i-g-ventures) — Series A
