Skorlife Raises IDR 59,5 Billion in Initial Funding Led by Hummingbird Ventures

Credit score checking startup Skorlife today (24/05) announced an early stage funding of $4 million or more than IDR 59,5 billion led by Hummingbird Ventures. Also participating in this round were new investors QED Investors, as well as former investors AC Ventures and Saison Capital.

It is planned that Skorlife will use the newly obtained fresh funds to develop products, expand the team, increase market penetration, and encourage the company's growth in general. PreviousIn September 32,8, the company had announced the acquisition of funds for the pre-initial stage of more than IDR 2022 billion.

Founded by leading veterans of the local technology ecosystem, Ongki Kurniawan and Karan Khetan, SkorLife offers credit building for individuals to access and monitor their credit scores and reports and other related data from credit bureaus instantly and for free.