Qapita Closes 213 Billion Rupiah Funding, Focusing on Expansion to Indonesia

This round was led by East Ventures and Vulcan Capital, followed by a series of venture capitalists and angel investors

Marsya Nabila - 7 October 2021

Singapore-based legaltech startup Qapita announced $15 million (over 213 billion Rupiah) series A funding led by East Ventures through Growth Fund and Vulcan Capital. Also participated in this round NYCA and previous investors, including MassMutual Ventures, Endiya Partners, and several angel investors, including Alto Partners, partners from Northstar Group and K3 Ventures.

previously, Qapita raised $5 million in the Pre-Series A round and $2.25 million in the seed round, respectively in April 2021 and September 2020. The company has raised a total of $22.25 billion in funding since it was founded.

Qapita is a legaltech company that helps private companies such as startups to manage company's record of share ownership structures (known as capital tabulations/cap tables) and employee share ownership plans (ESOPs). The startup was founded in September 2019 by CEO Ravi Ravulaparthi, COO Lakshman Gupta, and CTO Vamsee Mohan.

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