# Stockbit

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

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.stockbit.com
- Total disclosed funding: $170M
- Latest round: Series E (Nov 24, 2022)
- Investors on record: 19

## About

Founded in 2012 by Johny Susanto, Sigit Kouwagam (CEO), and Wellson Lo,  and based in Jakarta, Indonesia, PT Stockbit Sekuritas Digital, doing business as Stockbit operates as a provider of an online stock trading platform that allows users to invest, analyze and discuss stocks. In November 2022, Stockbit Pte. Ltd raised USD 57.80 million in series E funding from GIC, with participation from B Capital Group, LightVC, and Naspers.

The company provides an investment community platform that combines social networking, stock trading, data aggregation,  and financial data to assist investors in exchanging ideas and financial news in real-time with others. Additionally, the business also provides a cryptocurrency trading app called Stockbit Crypto, which allows users to make deposits and withdrawals using the Indonesian Rupiah.

## Funding rounds

- Series E, Nov 24, 2022, $58M — GIC, B Capital, Naspers, LightVC
- Series D, Apr 28, 2021, $65M — Hong Shan, Tencent Investment, Harvard Management Company, East Ventures, B Capital, Naspers, Golden Summit Capital, AC Ventures, LightVC, DIVINE BLESSING INVESTMENTS LTD
- Series C, Jan 21, 2021, $30M — Hong Shan, 500 Global, East Ventures, AC Ventures, Kembangan Holdings Ltd.
- Series B, May 5, 2020, $13M — 500 Global, East Ventures, Convergence Ventures, Golden Summit Capital, AC Ventures, Analog Capital, DIVINE BLESSING INVESTMENTS LTD, Kembangan Holdings Ltd.
- Series A, May 7, 2019, $3.4M — 500 Global, FreakOut, Inc., East Ventures, Convergence Ventures, Braavos Ventures, Golden Summit Capital, AC Ventures, DIVINE BLESSING INVESTMENTS LTD, Kembangan Holdings Ltd.
- Series A, Oct 22, 2018, $0.6M — Braavos Ventures
- Seed, Oct 26, 2016, $0.4M — Braavos Ventures, Asia Growth Fund
- Seed, Sep 23, 2015 — Ideosource

## Investors

- Ideosource (https://capitalatlas.ai/funds/ideosource) — Seed
- Braavos Ventures (https://capitalatlas.ai/funds/braavos-ventures) — Seed, Series A
- Asia Growth Fund — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A, Series B, Series C
- FreakOut, Inc. — Series A
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series A, Series B, Series C, Series D
- Convergence Ventures — Series A, Series B
- Golden Summit Capital (https://capitalatlas.ai/funds/golden-summit-capital) — Series A, Series B, Series D
- AC Ventures — Series A, Series B, Series C, Series D
- DIVINE BLESSING INVESTMENTS LTD — Series A, Series B, Series D
- Kembangan Holdings Ltd. — Series A, Series B, Series C
- Analog Capital — Series B
- Hong Shan — Series C, Series D
- Tencent Investment — Series D
- Harvard Management Company — Series D
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series D, Series E
- Naspers — Series D, Series E
- LightVC — Series D, Series E
- GIC — Series E