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Cakap

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Online language learning platform designed to improve conversational skills

Jakarta, IndonesiaFounded 2013Edtech
Valuation $100–250M Last recorded · 2023
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cakap and the history behind them.

About Cakap

Cakap, an Indonesian-based online learning platform, was established in 2013 by Tomy Yunus and Jonathan Dharmawan. The company rebranded from Squline to Cakap in 2019 to better reflect its Indonesian roots, as "Cakap" translates to "skilled" in the local language. This strategic move coincided with a significant expansion of its course offerings beyond language learning.

The founders' backgrounds played a crucial role in the company's genesis. Tomy Yunus, serving as CEO, brings experience from his time at a Japanese consulting firm where he observed the challenges of learning foreign languages. Jonathan Dharmawan, the CTO, possesses the technical expertise necessary to build and scale the online learning platform. Their combined experience addresses both the pedagogical and technological needs of an edtech venture.

Cakap operates within the burgeoning edtech market in Southeast Asia, targeting a diverse client base that includes individual learners and corporate clients. The business model revolves around providing live, two-way online courses, differentiating itself from passive, one-way video learning. Revenue is generated through direct course fees from individuals and from corporate packages for employee upskilling programs. The platform facilitates learning for a wide array of subjects, including various foreign languages like English, Mandarin, Japanese, and Korean, as well as vocational skills through its "Cakap Upskill" program.

The core service is delivered through a proprietary platform that enables real-time interaction between students and professional instructors. This two-way learning system allows for personalized feedback and a more engaging educational experience. Key features include one-on-one and group classes, flexible scheduling, and a curriculum tailored to different proficiency levels. For its corporate partners, Cakap offers customized training modules to meet specific industry demands, helping companies enhance their workforce's capabilities. A significant milestone was achieved in 2021 when the company secured a $10 million Series B funding round, co-led by MDI Ventures and Heritas Capital, to further fuel its expansion across Indonesia.

Source: Dealroom company data

At a glance

Founded
2013
Headquarters
Jakarta, Indonesia
Sector
Edtech
Power Law
Colt$25–100M revenue

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Prasetia Dwidharma

Series A6 investors entered at this stage

  • Investidea Ventures
  • Heritas Capital Management
  • Strategic Year Holdings
  • KB Investment
  • MDI Ventures
  • Centauri Fund

Series B and later1 investor entered at this stage

  • Indonesia Impact Fund
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇮🇩 Indonesia96.4%
🇵🇭 Philippines1.6%
🇨🇳 China1.2%
🇬🇧 United Kingdom0.4%
🇰🇷 South Korea0.4%
5 countries shown
Web traffic by country
230K monthly visits
across markets
🇮🇩 Indonesia76%
🇹🇼 Taiwan2.6%
🇦🇺 Australia1.5%
🇺🇸 United States1.4%
🏳️ Korea1.3%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cakap on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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