# Rework ID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rework-id

- Industry: Commercial Property
- Headquarters: Jakarta, Indonesia
- Website: www.rework.id
- Total disclosed funding: $3M
- Latest round: Seed (Sep 7, 2017)
- Investors on record: 6

## About

Rework ID is a Jakarta-based company offering innovative digital solutions that enhance productivity and streamline workflows for businesses, primarily targeting small to medium-sized enterprises across various sectors.Founded in 2016, Rework ID operates from Jakarta, Indonesia, providing innovative solutions tailored to improve business workflows. The company has undergone a focused strategy without notable pivots or changes in its core operations. Co-founders Vanessa Hendriadi, Yewbdar A., and Yewbdar T. lead the company, which successfully raised USD 3.00 mn in a Seed funding round on September 7, 2017, with investors including ATM Capital and Convergence Ventures. The company has completed one deal to date.Rework ID specializes in providing innovative solutions tailored to streamline workflows and enhance productivity for businesses across various sectors. The company’s core product offerings focus on a comprehensive suite of digital tools designed to optimize project management, collaboration, and communication among teams. These solutions are particularly relevant in addressing challenges related to remote work, project tracking, and team coordination. The primary customer base includes small to medium-sized enterprises (SMEs) in technology, marketing, and creative industries, who utilize these products to improve operational efficiency and drive project outcomes. Rework ID's services are available in numerous geographical markets, including North America, Europe, and parts of Asia, reflecting its commitment to catering to an international clientele seeking robust digital solutions.Rework ID generates revenue through a structured subscription model, allowing clients to access its suite of tools based on tiered pricing plans that cater to varying business needs. This transactional framework typically involves monthly or annual subscriptions, providing customers with flexibility and scalability as their requirements evolve. Clients are empowered to select from multiple packages, which may include a combination of project management tools, collaborative features, and customer support services tailored to enhance user experience. The company's flagship products have proven to be essential for businesses aiming to improve communication and project oversight, thereby fostering deeper client relationships and sustaining long-term partnerships. This revenue model positions Rework ID favorably within the competitive landscape, attracting diverse clientele who are seeking reliable and effective digital solutions.Rework ID aims to leverage its recent funding of USD 3.00 mn secured in September 2017 to support its growth initiatives. Plans include launching new digital tools designed to enhance the user experience, with targeted release dates to be announced as development progresses. The company is also looking to expand its presence in new markets, particularly focusing on Asia and Europe, by the end of 2024. This strategic expansion aims to cater to a broader clientele, enhancing its capacity to provide effective digital solutions globally.

## Funding rounds

- Seed, Sep 7, 2017, $3M — Social Capital, Convergence Ventures, Ucommune International Ltd., Ace Capital, Fortune Union Investments, ATM Capital

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Convergence Ventures — Seed
- Ucommune International Ltd. — Seed
- Ace Capital (https://capitalatlas.ai/funds/ace-capital) — Seed
- Fortune Union Investments — Seed
- ATM Capital (https://capitalatlas.ai/funds/atm-capital) — Seed