Rukita secured $15M in Series B1 funding led by MPower Partners, BNI Ventures, and Openspace Ventures to accelerate growth initiatives and leverage its robust foundation within the dynamic Indonesian market.
Amount Raised
$15 Million
Round Type
Series B
JakartaReal EstateInvestors
Description
Rukita, an Indonesia-based proptech group, announced the successful completion of a $15-million Series B1 fund raise, with participation from new investors and partners such as MPower Partners, BNI Ventures, Openspace Ventures, and renowned NBA star Jeremy Lin. The substantial funding will be used to accelerate Rukita’s growth initiatives, expand its service offerings, and recruit top-tier tech talent to bolster its team.
Quick answer
Rukita raised $15 Million in a Series B round, dated March 7, 2024. Investors: Jeremy Lin, Openspace Ventures, BNI Ventures and M Power Partners. Rukita is based in Jakarta, DKI Jakarta, Indonesia.
- How much did Rukita raise?
- Rukita raised $15 Million in a Series B round on March 7, 2024.
- Who invested in Rukita?
- Jeremy Lin, Openspace Ventures, BNI Ventures and M Power Partners are named as investors in this round.
- What does Rukita do?
- Rukita is a proptech company that empowers our customers by providing a hassle-free end-to-end housing solution.
- Where is Rukita based and how big is it?
- Rukita is based in Jakarta, DKI Jakarta, Indonesia.
- Who are the decision-makers at Rukita?
- Fundz holds 1 contact at Rukita. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Real Estate around the same time
Companies in the same sectors as Rukita that raised within 45 days of this round, from Fundz verified event records.
- Propic raised an undisclosed amount (Series D) on April 17, 2024.
- Cebu Landmasters raised $76M (Series A) on April 12, 2024.
- Ivy Energy raised $18M (Series A) on April 12, 2024.
- SKYX Platforms raised $1M (Seed) on April 11, 2024.
- Witness Investment Founders Fund raised $19M on April 10, 2024.
- Prentice Hospitality Group raised $450K (Seed) on April 9, 2024.
Who to call at Rukita, and when
A new round usually means Rukita is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rukita raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rukita, from your own LinkedIn network
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Funding Insights
What this usually meansRukita 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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