1. Startup

Doogether Secures Pre Series A Funding, to Release a New Feature

Funding poures from Asiantrust Capital, Prasetia Dwidharma, Alexander Rusli, and others

Doogether, a startup engaged in the wellness segment, announced the pre-series A funding with an undisclosed value from Asiantrust Capital, Prasetia Dwidharma, Alexander Rusli, and others. The fresh money will be used for the development of optimization, innovation and improvement of products and services.

Prasetia Dwidharma was Doogether's previous investor involved in the seed round in April 2019. Also, Alexander Rusli entered in the following round. The seed round was led by Gobi Agung, with participation of Everhaus, Prasetia, and Cana Asia.

In an official statement, Doogether's Co-Founder & CEO Fauzan Gani expressed his gratitude to the ranks of investors who participated in this round. "The series of funding received by Doogether will be used for optimization, innovation and improvement of products and services offered by the company or its applications," he said, Tuesday (27/4).

Doogether is a startup vertical with blessing in disguise due to pandemic. Since the WFH policy, Doogether has released a live streaming online sports class, Doolive in April 2020. Active users grew by 77 times from early 2020 to Q1 2021. The service has held more than 80 thousand hours of sports class sessions.

“I applaud the Doogether team for using an opportunity during this pandemic and quickly adjusting its business model. It is not easy to see an opportunity in this difficult time, but Doogether managed to do it,” Alexander Rusli added as now serving as Advisor at Doogether  .

In order to maintain this performance, the company plans to held virtual sports activities together on a regular basis to encourage people to stay active. Doolive is also available for free containing dozens of sports training videos.

Since 2016, Doogether has operated two main products, Doofit for sports classes, and Doofood for healthy catering in collaboration with dozens of vendors and in accordance with users' personal health goals.

Currently, the company has collaborated with more than 350 sports studios, trainers, located in Greater Jakarta, Bandung and Bali. There are more than 30 thousand sports classes, such as zumba, boxing, barre, yoga, bootcamp, wall climbing, ice skating, and others.

Original article is in Indonesian, translated by Kristin Siagian

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