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Indodax - About the company
Indodax is a seed company based in Bali (Indonesia), founded in 2014. It operates as an Online exchange platform for cryptocurrency. Indodax has raised an undisclosed amount in funding from East Ventures. The company has 2030 active competitors, including 194 funded and 68 that have exited. Its top competitors include companies like Binance, Kraken and Blockchain.
Company Details
Online exchange platform for cryptocurrency. It enables buying and selling of Bitcoins using Rupiah currency. Also allows the users to redeem Bitcoin for other digital assets including Ethereum, Litecoin, Dogecoin, DASH, Ripple, Stellar, and more. Offers a Bitcoin wallet app that allows to keep and send Bitcoins, Bitcoin-Rupiah trading and analyzing Bitcoin’s price movement through live charts, and more.
- Website
- indodax.com
- Social
Key Metrics
Founded Year
2014
Location
Bali, Indonesia
Stage
Seed
Latest Funding Round
Investors
Ranked
37th among 2030 active competitors
Employee Count
843 as on May 31, 2026
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Indodax's funding and investors
Indodax has raised funding over 1 round. Its latest funding round was a Seed round on Nov 23, 2017 for $*****. 1 investor participated in its latest round. Indodax has 3 institutional investors.
Here is the list of recent funding rounds of Indodax:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 23, 2017 | 9367852 | Seed | 3406190 | 1208223 | 9433151 | 6287703 |
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Indodax's founders and board of directors
Founder? Claim ProfileIndodax's employee count trend
Indodax has 843 employees as of May 26. Here is Indodax's employee count trend over the years:
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Indodax's Competitors and alternates
Top competitors of Indodax include Binance, Kraken and Blockchain. Here is the list of Top 10 competitors of Indodax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Binance 2017, Abu Dhabi (United Arab Emirates), Series C | Online exchange platform for cryptocurrency | $2.02B | 86/100 | |
2nd | Kraken 2011, Cheyenne (United States), Series D | Provider of a multi-asset trading platform | $866M | 86/100 | |
3rd | Blockchain 2011, London (United Kingdom), Acquired | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 84/100 | |
4th | Uphold 2013, San Francisco (United States), Series B | Digital assets trading platform offering trading services for cryptocurrencies, stablecoins, and precious metals | $73.2M | 82/100 | |
5th |  Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
6th |  Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
9th | Cryptocurrency exchange and trading service provider | $247M | 76/100 | ||
10th |  CoinSwitch 2017, Bengaluru (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 75/100 | |
37th | Online exchange platform for cryptocurrency | - | 62/100 |
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Indodax's Investments and acquisitions
Indodax has made no investments or acquisitions yet.
Reports related to Indodax
Here is the latest report on Indodax's sector:
News related to Indodax
Media has covered Indodax for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen BitcoinCoinDesk•Jun 04, 2020•Indodax, Xapo
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