Dekoruma.com, an online marketplace connecting interior designers and construction service providers in Indonesia, has secured an undisclosed amount in pre-Series C funding from InterVest Star SEA Growth Fund 1 and existing investors, says a DealStreetAsia’s report
InterVest Star SEA Growth Fund 1 is a US$100-million fund, co-managed by Indonesia’s Kejora Ventures and Korean VC InterVest.
Co-founder Dimas Harry Priawan said Dekoruma.com will use the funding to develop its its interior design and project management app SOMA.
Founded in 2016, Dekoruma’s platform enables both homeowners and construction service providers to purchase construction materials, furniture and furnishings.
For homeowners, it provides fully automated services in selecting service provider, procurement process, installation and financing options.
Dekoruma claims it has been able to scale up its capacity to run more than 500 simultaneous unique “design & build” projects at any point in time. Each project is valued at approximately IDR 70-100million, and can be managed by more than 100 interior design partners based in Jakarta.
Also Read: Indonesia’s Dekoruma raises Series B funding, aims to expand in the market
In late 2018, the company raised Series B round of funding, led by GDN, which was joined by by AddVentures and existing backers Skystar, Beenext, and Convergence.
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