RateS is an Indonesia-focused membership-based social commerce platform that enables small businesses and individuals to start their online business via social channels. By using technology to modernize sourcing, distribution and credit, RateS helps resellers solve inefficiencies they face in sourcing, supply chain, inventory, working capital, allowing them to sell better online and offline.
By leveraging its network of resellers and agents, RateS is creating a social distribution channel for rural Indonesia.
By leveraging its network of resellers and agents, RateS is creating a social distribution channel for rural Indonesia.
Location: Indonesia, Special Capital Region of Jakarta
Employees: 51-200
Total raised: $6M
Founded date: 2016
Investors 1
| Date | Name | Website |
| - | Insignia V... | insignia.v... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 24.01.2022 | Series A | $6M | - |
Mentions in press and media 2
| Date | Title | Description |
| 24.01.2022 | RateS, an Indonesian social commerce firm raised $6 M in Series A+ round | According to DealStreetAsia, RateS, an Indonesia-based social commerce company, has raised US$6 million in a Series A+ round headed by current investor Vertex Ventures Southeast Asia & India. A debt financing round of US $1.5 million wa... |
| 20.01.2022 | Vertex Ventures leads $6m round of 🇮🇩 social commerce firm | EcommerceInvestmentsNewsStartups Aditya Hadi Pratama · 24 Jan 2022 · 1 min readVertex Ventures leads $6m round of 🇮🇩 social commerce firm RateS, an Indonesia-based social commerce startup, has raised US$6 million in a series A+ funding roun... |