RateS Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
65
- Latest Deal Type
-
M&A
- (Rumor/Speculation)
- Investors
-
6
RateS General Information
Description
Developer of a social commerce platform designed to help people start businesses without stock. The company is a membership-based commerce platform that allows members to set up mobile shops and earn income with minimum capital and also provides various inventory management tools, enabling students, housewives, and entrepreneurs to earn additional income with ease.
Contact Information
Website
ratesapp.co.idCorporate Office
- 114 Lavender Street
- Number 07-77 CT Hub 2
- Singapore, 338729
- Singapore
Corporate Office
- 114 Lavender Street
- Number 07-77 CT Hub 2
- Singapore, 338729
- Singapore
RateS Timeline
RateS Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 14-Sep-2023 | Rumor/Speculation | Generating Revenue | |||
8. Secondary Transaction - Private | Completed | Generating Revenue | ||||
7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
6. Later Stage VC (Series B) | 24-Jan-2022 | Cancelled | Generating Revenue | |||
5. Later Stage VC (Series A1) | 24-Jan-2022 | Completed | Generating Revenue | |||
4. Secondary Transaction - Private | 30-Apr-2021 | Completed | Generating Revenue | |||
3. Early Stage VC | 28-May-2020 | Completed | Generating Revenue | |||
2. Seed Round | 07-Mar-2018 | $2.27M | $2.62M | Completed | Generating Revenue | |
1. Early Stage VC | 01-Jan-2017 | $348K | $348K | Completed | Generating Revenue |
RateS Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A1 | ||||||||
Series A | ||||||||
Seed | 3,678,570 | $0.7 | $0.7 | 1x | $0.7 | 18.42% |
RateS Comparisons
Industry
Financing
Details
RateS Competitors (20)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Woobiz | Accelerator/Incubator Backed | Jakarta, Indonesia | ||||
Unleashed Software | Private Equity-Backed | Auckland, New Zealand | ||||
Jazva | Venture Capital-Backed | Glendale, CA | ||||
GudangAda | Venture Capital-Backed | Tangerang, Indonesia | ||||
SuperApp | Venture Capital-Backed | Surabaya, Indonesia |
RateS Executive Team (3)
Name | Title | Board Seat |
---|---|---|
Jian Kai Goh | Co-Founder & Chief Executive Officer | |
Lim Jing Rong | Co-Founder |
RateS Signals
RateS Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Beacon Venture Capital | Corporate Venture Capital | Minority | ||
Kvision | Venture Capital | Minority | ||
Signum Capital | Venture Capital | Minority | ||
Insignia Venture Partners | Venture Capital | Minority | ||
Alpha JWC Ventures | Venture Capital | Minority |
RateS FAQs
-
When was RateS founded?
RateS was founded in 2016.
-
Who is the founder of RateS?
Jian Kai Goh, Davis Gay, and Lim Jing Rong are the founders of RateS.
-
Who is the CEO of RateS?
Jian Kai Goh is the CEO of RateS.
-
Where is RateS headquartered?
RateS is headquartered in Singapore, Singapore.
-
What is the size of RateS?
RateS has 65 total employees.
-
What industry is RateS in?
RateS’s primary industry is Business/Productivity Software.
-
Is RateS a private or public company?
RateS is a Private company.
-
What is RateS’s current revenue?
The current revenue for RateS is
. -
How much funding has RateS raised over time?
RateS has raised $16.7M.
-
Who are RateS’s investors?
Beacon Venture Capital, Kvision, Signum Capital, Insignia Venture Partners, and Alpha JWC Ventures are 5 of 6 investors who have invested in RateS.
-
Who are RateS’s competitors?
Woobiz, Unleashed Software, Jazva, GudangAda, and SuperApp are some of the 20 competitors of RateS.
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