# Sinbad

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

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.sinbad.co.id
- Total disclosed funding: $5.5M
- Latest round: Series A (Oct 26, 2022)
- Investors on record: 5

## About

Based in Jakarta, Indonesia, and founded in 2018, Sinbad operates as a B2B commerce company that focuses on helping independent retailers through technology. In April 2021, the company planned to raise about USD 15-20 million in seed funding. Some enterprises, such as Dove, Filma, Adem Sari, and Lifebuoy, have cooperated with the company.

The company focuses on the B2B mobile marketplace that connects distributors in Indonesia with outlets. Sinbad also launched a platform for retailers to order Fast Moving Consumer Goods (FMCG) that are profitable and in-demand. The products provided by the platform include food, bath & body care, pet food, beverages and dairy.

## Funding rounds

- Series A, Oct 26, 2022, $5.5M — KB Investment, MDI Ventures, Genesia Ventures, Central Capital Ventura
- Seed, date not disclosed — Mandiri Capital Indonesia

## Investors

- Mandiri Capital Indonesia (https://capitalatlas.ai/funds/mandiri-capital-indonesia) — Seed
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- MDI Ventures (https://capitalatlas.ai/funds/mdi-ventures) — Series A
- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Series A
- Central Capital Ventura (https://capitalatlas.ai/funds/central-capital-ventura) — Series A