Fundz

Indonesian Goto Group Raises Over $1.3B In Its First Close Of Pre-Ipo

Nov 11, 2021

Amount Raised

$1.3 Billion

Round Type

Venture

JakartaOtherCommerce and ShoppingSoftware

Description

Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding.

Quick answer

GoTo Group raised $1.3 Billion in a funding round, dated November 11, 2021. GoTo Group is based in Jakarta, DKI Jakarta, Indonesia.

How much did GoTo Group raise?
GoTo Group raised $1.3 Billion in a funding round on November 11, 2021.
What does GoTo Group do?
The company declined to comment on its valuation.
Where is GoTo Group based and how big is it?
GoTo Group is based in Jakarta, DKI Jakarta, Indonesia. Fundz records about 2,800 employees.
Who are the decision-makers at GoTo Group?
Fundz holds 3 contacts at GoTo Group, including the Senior Technical Recruiter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Software around the same time

Companies in the same sectors as GoTo Group that raised within 45 days of this round, from Fundz verified event records.

  • Sales Rabbit raised an undisclosed amount on December 21, 2021.
  • Gopuff raised $1.5B (Funding Round) on December 16, 2021.
  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Tradeshift raised $200M (Funding Round) on December 9, 2021.
  • Beeline Holdings raised an undisclosed amount (Series A) on December 9, 2021.

Who to call at GoTo Group, and when

A new round usually means GoTo Group is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day GoTo Group raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at GoTo Group, from your own LinkedIn network

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Company Information

Company

GoTo Group

Location

Jakarta, DKI Jakarta, Indonesia

About

The company declined to comment on its valuation. Goto Group will use the proceeds to fuel its growth, strengthen its market-leading position, and bolster its customer service. Goto Group claims that it generated over 1.8 billion transactions in 2020, with a total Gross Transaction Value of over $22 billion, contributing to more than 2% of Indonesia’s GDP.

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Fundz sees it the moment GoTo Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsSabita N., Senior Technical Recruiter hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for GoTo Group's next move

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GoTo Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.