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

The edtech platform goKampus that focuses on lecture's needs today (03/6) announced the pre-series A funding led by Sovereign's Capital and SALT Ventures. Currently "oversubscribed", also participated in this round Azure Ventures and several angel investors. The value was undisclosed. Additional capital will be focused on product development, 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 easy for us to increase the number of student users on the platform," GoKampus' Founder & CEO, Nathanael Santoso said.

Was founded in 2018, goKampus services seek to digitize college system by providing comprehensive access to higher education services. Starting from registration to campus, virtual learning services, scholarship information and education loan, and channelling internships.

A study case, students can be accepted into their dream department by sending a photo of their transcript. goKampus and college partners will proceed admission instantly through the application.

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

Earlier this year the GoKampus Cloud University program was launched as the first digital university to offer an on-demand digital business management curriculum equivalent to an undergraduate degree in Indonesia. The fee is claimed to be 40% more affordable than conventional universities, the curriculum is designed as attractive as possible, therefore, the study will not be 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 will be through 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.

–Original article is in Indonesian, translated by Kristin Siagian