Cakap - About the company
Cakap is a series C company based in Jakarta (Indonesia), founded in 2015 by Tomy Yunus. It operates as a SaaS and app-based platform providing multiple language learning solutions. Cakap has raised $20.5M in funding from investors like OCTAVE Capital, MDI Ventures and centaurifund.com, with a current valuation of $*****. The company has 696 active competitors, including 72 funded and 20 that have exited. Its top competitors include companies like Open English, 51Talk and Tandem.
Company Details
SaaS and app-based platform providing multiple language learning solutions. It provides one-on-one online tutoring services to users. It offers tutoring services for multiple languages which include English, Mandarin, Japanese, and Indonesian. It also provides progress reports and certification to students. The app is available on Android and iOS platforms.
- Website
- cakap.com
- Email ID
- *****@cakap.com
- Phone Number
- +62 **********
Key Metrics
Founded Year
2015
Location
Jakarta, Indonesia
Stage
Series C
Total Funding
$20.5M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 13, 2023
Investors
Ranked
24th among 696 active competitors
Employee Count
364 as on Jun 30, 2026
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Cakap's funding and investors
Cakap has raised a total funding of $20.5M over 4 rounds. Its first funding round was on Dec 22, 2020. Its latest funding round was a Series C round on Apr 13, 2023 for $*****. 2 investors participated in its latest round. Cakap has 10 institutional investors.
Here is the list of recent funding rounds of Cakap:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 13, 2023 | 9514749 | Series C | 3013767 | 7455233 | 8401178 | 6438580 |
Mar 25, 2022 | 7062933 | Series B | 3880899 | 5575929 | 6195290 | 7384825 |
Dec 09, 2021 | 2612446 | Series B | 6069486 | 5912144 |
View details of Cakap's funding rounds and investors
Cakap's founders and board of directors
Founder? Claim ProfileThe founders of Cakap is Tomy Yunus.
Here are the details of Cakap's key team members:
- Tomy Yunus: Co-Founder & CEO of Cakap and founder of 1 other company. Contact Info: 1 email address
View details of Cakap's Founder profiles and Board Members
Cakap's employee count trend
Cakap has 364 employees as of Jun 26. Here is Cakap's employee count trend over the years:
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Cakap's Competitors and alternates
Top competitors of Cakap include Open English, 51Talk and Tandem. Here is the list of Top 10 competitors of Cakap, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Open English 2006, Miami (United States), Series D | Online English learning platform providing live classes and AI-powered tutoring | $119M | 77/100 | |
2nd | Online English learning platform | $90M | 76/100 | ||
3rd | App-based language learning platform | $8.66M | 73/100 | ||
4th | Busuu 2008, London (United Kingdom), Acquired | Mobile-based platform providing social networking solutions for learning languages | $11.2M | 67/100 | |
5th | Cambly 2012, San Francisco (United States), Series B | Marketplace for language learning tutoring | $60.3M | 65/100 | |
6th | Online corporate language learning solution | - | 64/100 | ||
7th | Verbling 2011, Walnut (United States), Acquired | Offering solutions for live video language learning | $7.26M | 64/100 | |
8th | Online tutoring for learning foreign languages | $83M | 62/100 | ||
9th | Ringle 2015, Seoul (South Korea), Series A | Online platform providing English language learning solutions | $26.9M | 62/100 | |
10th | Provider of online language, intercultural, business coaching, and mentoring programs | $10.9M | 59/100 | ||
24th | SaaS and app-based platform providing multiple language learning solutions | $20.5M | 50/100 |
Looking for more details on Cakap's competitors? Click here to see the top ones
Cakap's Investments and acquisitions
Cakap has made no investments or acquisitions yet.
News related to Cakap
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Indonesia Edtech Cakap Gets New Funding; Valuation Exceeds $100mNihon Keizai Shimbun•Apr 13, 2023•Cakap, MDI Ventures, OCTAVE Capital
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Indonesian cloud kitchen startup Legit Group bags $13.7m led by MDI VenturesShareandstocks•Apr 11, 2023•Legit Group, SMDV, MDI Ventures, East Ventures and 4 others
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Cakap partners with Telkomcel to improve educational access in Timor-LesteKrASIA•Feb 10, 2023•Cakap, Telkomcel
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Cakap Collaborates with Telkomcel to Improve the Quality of Human Resources in Timor LesteDailysocial•Jan 26, 2023•Cakap, Telkomcel
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Mandiri Capital’s ESG-focused fund invests in Indonesian edtech firmTech in Asia•Mar 25, 2022•Cakap, Indonesia Impact Fund
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Indonesian edtech startup CAKAP snags $3m led by Heritas CapitalDeal Street Asia•Dec 22, 2020•Cakap, Strategic Year, InvestIdea, PT Prasetia Dwidharma and 1 other
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