Funded



Fabelio |

Asset-light furniture e-Commerce

  • Special Capital Region Of Jakarta , Indonesia

Raising $ 2,000,000

Investment



Closed

         

The Goal

Fabelio wants to Enable home owners and businesses to furnish their homes and workplaces beautifully and affordably.
Indonesian millenials do not have access to attractive designs and quality furniture at affordable prices



Background

We have closed our phase 1 close of Series B $2.6mn in equity funding. Total of $4m including debt and inventory financing SHA is signed. Our round is open for another $2m-3m. Extra funding will be used to expand and grow in other cities and markets. Valuation and terms will be same as current round.

• NMV have grown 10x in 2016

• CAC has fallen to 58 from 546

• Order number has reached 917

• CIR has dropped to 14%

Pre-money Valuation

$12,000,000

Pitch Deck

Current View


Featured Team

Name Bio Contact
Full stack technology guy, loves technology and building products.


Co-Founder & COO @fabelio • Worked at @lolabox, @rocket-internet • Studied at @boston-university, @university-of-hamburg


General Partner at KK Fund Invest in Seed stage internet startups across South East Asia, Hong Kong and Taiwan. Focus industry is market place and Fintech.


Managing Partner, 500 Startups. Previously founded Groupsmore (exit: Groupon) and SAYS.com (exit: Catcha Group).


Undisclosed


GM @pomelo-fashion . Formerly VC @500startups. Studied @amherst-college.


Head - Operations



Funding

| Total Funding Amount: $2.5 million

$ 2.0 million ($ 2.0 million) | January 2016 | Series A

Investor Name Description Country
500 Startups 500 Startups is a Silicon Valley seed fund & accelerator founded by PayPal/Google alums. United States
IMJ Investment Partners Pte. Singapore


$ 500,000 ($ 500,000) | June 2015 | Seed

Investor Name Description Country
500 Startups 500 Startups is a Silicon Valley seed fund & accelerator founded by PayPal/Google alums. United States
IMJ Investment Partners Pte. Singapore


January 2015 | Seed

Investor Name Description Country
Koichi Saito General Partner at KK Fund Invest in Seed stage internet startups across South East Asia, Hong Kong and Taiwan. Focus industry is market place and Fintech. Taiwan



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