goKampus Gets Pre-Series A Funding Led by Sovereign's Capital and SALT Ventures

Platform EdTech which focuses on meeting the needs of GoKampus' lectures today (03/6) announced the acquisition of pre-series A funding led by Sovereign's Capital and SALT Ventures. With status "oversubscribed", this round was also supported by Azure Ventures and several angel investors. No mention of the amount of funds obtained. Additional capital will be focused on product strengthening, team recruitment, and user acquisition.

"Sovereign's Capital provides connections and accelerates growth in Indonesia, as well as a strong network in the United States; while SALT Ventures' strong media presence in Indonesia makes it easier for us to increase the number of student users on the platform," said Founder & CEO of goKampus Nathanael Santoso.

Established since the end of 2018, goKampus services seek to digitize college life by providing comprehensive access to higher education services. Starting from registration to campus majors, virtual learning services, scholarship information and education loan loans, to making it easier to find internships.

An example of its use, a student can be accepted into the department of his dreams by sending a photo of their transcript. goKampus and college partners will provide admission decisions instantly through the application.

From the statistics submitted, currently the startup already has around 250 thousand active student users with 400 university partners spread across Indonesia and various other countries. As of 2021, it is also claimed that student placements through the GoKampus Instant Approval feature have increased 30 times compared to the previous year.

Early this year the program goCampus Cloud University was also launched as the first digital university to offer a digital business management curriculum equivalent to an undergraduate degree on-demand in Indonesia. With a fee that is claimed to be 40% more affordable than conventional universities, the curriculum is designed as attractive as possible so that learning activities are not boring.

"At goKampus Cloud University, each student can build their own curriculum, get the most advanced learning experience, transfer credits to our partner universities, earn a bachelor's degree, or enter internships and work programs after they have completed the course. The courses taught will use film and cinematic learning experiences, where class quality, student retention and learning outcomes will be accelerated and optimized. We plan to launch this latest version of the digital university experience in July," Nathanael said.