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Ajaib - About the company

Ajaib is a series B company based in West Jakarta (Indonesia), founded in 2018 by Kevin Lee, Winston Lays, Anderson Sumarli and Yada Piyajomkwan. It operates as an Online investing platform for stocks and mutual funds. Ajaib has raised $245M in funding from investors like Y Combinator, DST Global and Horizons Ventures, with a current valuation of $1B. The company has 211 active competitors, including 18 funded and 34 that have exited. Its top competitors include companies like Groww, Freetrade and Upstox.

Sectors and market segments that Ajaib operate in

Ajaib serves in the FinTech market segments.The primary business model of Ajaib is:

Company Details

Ajaib is an online investing platform for stocks and mutual funds. It provides tools to assist in risk management, rebalancing, portfolio management, financial goals management, stock alerts, and more. The app is available for Android and iOS devices.
Social
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Email ID
*****@ajaib.co.id
Phone Number
+62 **********
Key Metrics
Founded Year
2018
Location
West Jakarta, Indonesia
Stage
Series B
Total Funding
$245M in 5 rounds
Latest Funding Round
Post Money Valuation
$1B as on Oct 04, 2021
Ranked
Employee Count
931 as on Jul 31, 2026
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Ajaib's funding and investors

Ajaib has raised a total funding of $245M over 5 rounds. Its first funding round was on Aug 22, 2018. Its latest funding round was a Series B round on Oct 04, 2021 for $153M. 8 investors participated in its latest round. Ajaib has 12 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Ajaib:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 04, 2021
$153M
Series B
$1B
-
Mar 29, 2021
$65M
Series A
-
-
Jan 05, 2021
$25M
Series A
$400M
-
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Ajaib's founders and board of directors

Founder? Claim Profile
The founders of Ajaib are Kevin Lee, Winston Lays, Anderson Sumarli and Yada Piyajomkwan. Anderson Sumarli is the CEO of Ajaib.
Here are the details of Ajaib's key team members:

Ajaib's employee count trend

Ajaib has 931 employees as of Jul 26. Here is Ajaib's employee count trend over the years:
Employee count trend for Ajaib
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Ajaib's Competitors and alternates

Top competitors of Ajaib include Groww, Freetrade and Upstox. Here is the list of Top 10 competitors of Ajaib, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Groww
Groww
2016, Bengaluru (India), Public
Provider of an online platform for investments and trading services
$596M
89/100
2nd
Logo for Freetrade
Freetrade
2015, London (United Kingdom), Acquired
App-based stock market trading platform
$165M
79/100
3rd
Logo for Upstox
Upstox
2009, Mumbai (India), Series C
Broker-based online trading and investment platform
$220M
77/100
4th
Logo for Scalable Capital
Scalable Capital
2014, Munich (Germany), Series F
Provider of a digital investment and brokerage platform
$550M
76/100
5th
Logo for Ajaib
Ajaib
2018, West Jakarta (Indonesia), Series B
Online investing platform for stocks and mutual funds
$245M
76/100
6th
Logo for Webull
Webull
2016, New York City (United States), Acquired
Broker-based online trading platform
$194M
74/100
7th
Logo for Pluang
Pluang
2018, Jakarta (Indonesia), Series C
App-based investment platform for gold, crypto, and mutual funds
$123M
74/100
8th
Logo for Tastytrade
Tastytrade
2011, Chicago (United States), Acquired
Online platform publishing content focusing on investment
$60.4M
73/100
9th
Logo for Etrade
Etrade
1982, Jersey City (United States), Acquired
Online brokerage platform offering investment opportunities in various financial assets
-
70/100
10th
Logo for Midas
Midas
2020, Uskudar (Turkey), Series B
Provider of an application for stock and crypto asset trading
$140M
69/100
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Ajaib's Investments and acquisitions

Ajaib has made no investments or acquisitions yet.

Reports related to Ajaib

Here is the latest report on Ajaib's sector:

News related to Ajaib

lockFilter this list
Media has covered Ajaib for 1 event in last 1 year.
Ajaib Goes Long On $153m Series BGlobal Corporate VenturingOct 05, 2021Ajaib, SoftBank Ventures Asia, DST Global, Ribbit Capital and 5 others
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