Test the Waters
Chatbiz (yc W21)

Chatbiz (yc W21)

Shopify for Indonesia and Southeast Asia using WhatsApp

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Security Type
SAFE
Categories
Technology
Min Investment
$100
Location
Indonesia
Offering Date
April 15, 2021
Valuation
$10,000,000

Company Description

Show your products, without exiting Whatsapp

Perks

Invest $10,000+ Zoom call with the CEO
Invest $50,000+ A lunch with the CEO and tour through the office next time you're in Indonesia

Key Deal Facts

Enable businesses to take orders, accept payments, and handle customer services on WhatsApp.
$7K MRR with 50% MoM growth. Organic referral and word of mouth, already generates profit.
Customers have 2x their revenue & 3x DAUs by using us.
5M online potential businesses customers. We charge $150/month on average. $9B total market.
Notable clients such as Eden Farm (YC S19), Kino (Publicly-listed company), Isuzu (Automobile)
Young experienced founder: 22 y.o. w/ 8+ yrs programming experience. Dropout of college to focus.
Founding team includes ex-Roland Berger. ex-Qiscus, and second-time startup cofounder.

Management Team / Advisory Board Bios

Terry Djony, Co-founder & CEO
Terry is a 22 y.o. tech entrepreneur from top Southeast Asia universities (National University of Singapore; Bandung Institute of Technology) and has been programming since age 13. He dropped out of college to focus on building Chatbiz

Kenny Ivanzaky Augusta, Co-founder & COO
Kenny has more than 5 years of business development experience in top national and international companies (prev: Head of Growth@Qiscus, Research Associate@Roland Berger), and also an advisor for several small businesses.
Amount Raised : $0
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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