# Ringkas

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ringkas

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.ringkas.co.id
- Total disclosed funding: $3.5M
- Latest round: Series A (Apr 1, 2024)
- Investors on record: 6

## About

Based in Jakarta, Indonesia, and founded in 2022 by Antonius Puguh Widyoko, Ilya Kravtsov, Leroy Pinto, and Yoko Simon, PT Concise Asia Technology, d.b.a. Ringkas operates as a provider of a digital mortgage platform with a focus on democratizing home ownership. In May 2025, Ringkas raised USD 5.1 million in pre-series A funding from new investors Flourish Ventures and Kadan Capital, with participation from other unspecified investors. The company provides a mortgage application platform that digitalizes the mortgage process by bridging the gap between home seekers, property developers, banks, and financial institutions. The platform allows users to apply for mortgages from multiple banks simultaneously, ensuring convenience, transparency, and a wide range of reliable options. In addition, the platform offers security, and audit trails, and limits data access to relevant parties involved in the mortgage process. The company will use the May 2025 funding to expand its market reach.

## Funding rounds

- Series A, Apr 1, 2024 — 500 Global
- Seed, Apr 1, 2023, $3.5M — 500 Global, East Ventures, Hustle Fund, Teja Ventures, Crestone Venture Capital, Orvel Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Teja Ventures (https://capitalatlas.ai/funds/teja-ventures) — Seed
- Crestone Venture Capital (https://capitalatlas.ai/funds/crestone-venture-capital) — Seed
- Orvel Ventures (https://capitalatlas.ai/funds/orvel-ventures) — Seed