Ajaib - About the company
Ajaib is a series C 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 $515M in funding from investors like Y Combinator, DST Global and Horizons Ventures, with a current valuation of $1B. The company has 1156 active competitors, including 79 funded and 83 that have exited. Its top competitors include companies like Robinhood, Groww and Public.
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.
- Website
- ajaib.co.id
- Email ID
- *****@ajaib.co.id
- Phone Number
- +62 **********
Key Metrics
Founded Year
2018
Location
West Jakarta, Indonesia
Stage
Series C
Total Funding
$515M in 6 rounds
Latest Funding Round
Post Money Valuation
$1B as on Oct 04, 2021
Investors
Ranked
6th among 1156 active competitors
Employee Count
944 as on Sep 30, 2026
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Ajaib's funding and investors
Ajaib has raised a total funding of $515M over 6 rounds. Its first funding round was on Aug 22, 2018. Its latest funding round was a Series C round on Aug 28, 2026 for $270M. 1 investor participated in its latest round. Ajaib has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Ajaib:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 28, 2026 | $270M | Series C | - | - | - | |
Oct 04, 2021 | $153M | Series B | $1B | - | ||
Mar 29, 2021 | $65M | Series A | - | - |
View details of Ajaib's funding rounds and investors
Ajaib's founders and board of directors
Founder? Claim ProfileThe 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:
- Kevin Lee: Co-Founder of Ajaib. They are also an angel investor in 4 startups and serve on the boards of 2 companies.
- Winston Lays: Co-Founder & CTO of Ajaib and founder of 1 other company.
- Anderson Sumarli: Co-Founder & CEO of Ajaib. Contact Info: 1 email address
- Yada Piyajomkwan: Co-Founder & CPO of Ajaib. Contact Info: 1 email address and 1 phone number
View details of Ajaib's Founder profiles and Board Members
Ajaib's employee count trend
Ajaib has 944 employees as of Sep 26. Here is Ajaib's employee count trend over the years:
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Ajaib's Competitors and alternates
Top competitors of Ajaib include Robinhood, Groww and Public. Here is the list of Top 10 competitors of Ajaib, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Robinhood 2013, Menlo Park (United States), Public | Broker-based online trading and investment platform | $5.58B | 89/100 | |
2nd | Provider of digital brokerage services for stocks and mutual funds | $596M | 88/100 | ||
3rd | Public 2019, New York City (United States), Series D | Multi-asset investment platform for individuals | $421M | 79/100 | |
4th | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
5th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 77/100 | |
6th | Online investing platform for stocks and mutual funds | $515M | 77/100 | ||
7th | Broker-based online trading and investment platform | $220M | 77/100 | ||
8th | Scalable Capital 2014, Munich (Germany), Series F | Provider of a digital investment and brokerage platform | $550M | 77/100 | |
9th | Vested Finance 2015, El Segundo (United States), Series A | Online trading and investment platform | $25.8M | 75/100 | |
10th | Provider of online trading and investment services | $38.4M | 75/100 |
Looking for more details on Ajaib's competitors? Click here to see the top ones
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
Media has covered Ajaib for a total of 6 events in the last 1 year, 1 of them has been about company updates.
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SBI Holdings to Acquire 20% Stake in Indonesian Investment Platform Ajaib for $270 MillionCaproasia•Aug 29, 2026•Ajaib, SBI Group
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Ajaib sees 50% boost in retail investors in 7 months despite sluggish marketTech in Asia•Jul 06, 2023•Ajaib
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Indonesian unicorn Ajaib to ramp up stake in Bank Bumi Arta to over 50%Shareandstocks•May 11, 2022•Ajaib, Bank Bumi Arta
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Indonesia’s innovative startups are the catalyst for increasing investmentKrASIA•Feb 22, 2022•Bukalapak, Ajaib, JD.id
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SoftBank-backed Ajaib pours $52m into Indonesian bankTech in Asia•Nov 22, 2021•Ajaib, Bank Bumi Arta
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