Moladin Funding, Investors & Competitors
Moladin has raised $173M across 4 funding rounds, most recently a $35M undisclosed-stage round in November 2025.
Last Moladin funding round
$35M
Undisclosed stage · Nov 2025
Cumulative funding Moladin raised
$173M
across 4 funding rounds
Key investors in Moladin
East Ventures
Global Founders Capital
K3 Ventures
Northstar Group
Sequoia Capital
Peak XV Partners
DST Global
Analog Capital
About Moladin
Moladin is an Indonesian online marketplace for used vehicles. Established in 2017 in Jakarta, it partners with over 40 dealers and major financing firms to offer vehicle information, purchase options, and discounts to consumers.
Founded
2017
HQ
JakartaWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Commission, Subscription
Moladin Funding History
Moladin has raised a total of $173M across 4 funding rounds.
Moladin's first fundraising round was a $1M seed round in July 2018. The most recent completed round was a $35M undisclosed-stage round in November 2025.
Moladin funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2025 | Undisclosed stage | - | $35M | Moladin is an Indonesian digital platform originally focused on used car transactions that has shifted emphasis to lending and merchant financing. The company has raised a total of $196.2M to $231.2M across 8 to 10 funding rounds, primarily debt and equity from investors including Peak XV Partners, East Ventures, Northstar Group, Ascent Capital Partners, and Lendable. A Series A round of $42M occurred in 2022, with a post-money valuation of $231M reported for January 2022. The company is targeting profitability by 2026 amid a strategic pivot from car sales to lending. |
| Apr 2022 | Series B | DST Global (lead); East Ventures; Global Founders Capital; Northstar Group; Sequoia Capital | $95M | Moladin is an Indonesia-based omnichannel used car marketplace founded in 2017 by Jovin Hoon and Mario Tanamas, initially focusing on motorcycles before shifting to used cars in June 2021. The company operates as a social commerce platform leveraging a network of agents to facilitate buying and selling of used cars and motorbikes across 135 cities in Indonesia. It partners with top financing companies to provide seamless purchase experiences, including 24/7 agent support, 100+ point vehicle inspections, instant payments for sellers, and loan assistance for buyers. In May 2022, Moladin raised $95 million in a Series B funding round led by DST Global, with participation from existing investors East Ventures, Northstar Group, and Sequoia Capital India (also referred to as Sequoia Capital). This followed a $42 million Series A round earlier in 2022, co-led by Sequoia Capital India and Northstar Group, noted as one of Southeast Asia's largest Series A rounds at the time. Concord Ventures advised on the combined $137 million across both rounds, which also involved Global Founders Capital and K3 Ventures in the Series B. The Series B funding aims to expand Moladin's comprehensive automotive ecosystem for dealers, agents, and end customers, including growing the agent network, improving processes, optimizing digital services, and providing value-added services through partnerships. The platform has demonstrated strong traction with transaction volumes growing over 20 times in recent months and agent/micro-dealer productivity increasing by more than 2.5 times, leading to faster transaction closures and higher incomes for agents. Moladin differentiates itself with human-led support in a digital marketplace, ensuring quality through rigorous inspections and transparency in pricing to build trust in Indonesia's used car market. |
| Jan 2022 | Series A | Global Founders Capital (lead); Northstar Group (lead); Peak XV Partners (lead); Analog Capital; East Ventures; K3 Ventures | $42M | Moladin is an Indonesia-based omnichannel used car marketplace and social commerce platform founded in 2017 by Jovin Hoon and Mario Tanamas, leveraging agents and micro-dealers to sell used cars to end consumers across 135 cities. It partners with top financing companies to provide digitized loan underwriting and seamless car purchase experiences in the automotive sector. The company raised $42 million in a Series A funding round around early 2022, co-led by Sequoia Capital India (now Peak XV Partners) and Northstar Group, marking one of the largest Series A rounds in Southeast Asia at the time. Other participants included East Ventures, Global Founders Capital, and K3 Ventures, with Concord Ventures acting as advisor. This round contributed to a combined $137 million raise including a subsequent $95 million Series B led by DST Global, where existing investors like East Ventures, Northstar Group, and Sequoia Capital India also participated. Post-Series A, Moladin reported rapid growth with used car transaction volumes increasing more than 20 times in recent months and agent/micro-dealer productivity improving over 2.5 times, leading to faster transaction closures and higher incomes. The funding was aimed at expanding its comprehensive ecosystem for dealers, agents, and end customers, along with value-added services. Moladin has since continued raising capital, including additional equity rounds totaling around $138 million across five rounds and debt financings such as $50 million from Lendable in 2024, bringing total raised to approximately $196.2 million as of recent reports. Investors include Lendable, Ascent Capital Partners, East Ventures, Northstar Group, Peak XV Partners, and others. Moladin operates in the competitive Indonesian used car and mobility fintech space, simplifying transactions for over 10,000 agents and dealers across 150 cities while focusing on financial inclusion for MSMEs and consumers. |
| Jul 2018 | Seed | East Ventures (lead); Ethos Partners (lead); TH Capital; Berjaya Land; K3 Ventures | $1M | - |
Who has invested in Moladin?
11 investors have backed Moladin across its funding rounds, including East Ventures, Global Founders Capital, K3 Ventures, Northstar Group, Sequoia Capital and Peak XV Partners.
Lead investors include DST Global, Global Founders Capital, Northstar Group, Peak XV Partners, East Ventures and 1 other investor.
Moladin Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Jakarta | 3 | Lead | Jul 2018 | |
 Berlin | 2 | Lead | Jan 2022 | |
 Singapore | 2 | Lead | Jan 2022 | |
| Singapore | 2 | Participant | Jul 2018 | |
| Singapore | 1 | Participant | Jan 2022 | |
 Kuala Lumpur | 1 | Participant | Jul 2018 | |
| Singapore | 1 | Lead | Jul 2018 | |
 San Francisco, CA | 1 | Participant | Apr 2022 | |
| Malaysia | 1 | Participant | Jul 2018 | |
This data is available for Pro users. Sign up to see all 11 Moladin investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialMoladin Competitors
Moladin competitors include listed companies like Constellation Software, Dassault Systemes and Topicus, and private ones like Applied Intuition, Zongmu and Hong Jing Drive.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Canada | Publicly listed | $12B | $2.5B | $43B | 3.5x | |
 France | Publicly listed | $7.2B | $2.2B | $32B | 4.0x | |
| San Francisco, CA | Private | $415M | - | $15B | 36.1x | |
 Shanghai | Private | - | - | $11B | - | |
 Netherlands | Publicly listed | $1.8B | $393M | $5.4B | 3.0x | |
| Hangzhou | Private | - | - | $4.3B | - |
Moladin Public Comps
Moladin is still privately-owned, but its public comps include Autodesk, Constellation Software, Dassault Systemes, Mobility Global, Topicus, ThunderSoft, WeRide, Pateo Connect Tech, KPIT Technologies and Zwsoft.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.2B | $1.8B | 6.3x | 5.7x | 25.6x | 14.1x | |||
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $7.2B | $2.2B | 4.0x | 4.0x | 13.2x | 11.2x | |||
| $1.8B | $637M | 4.7x | - | 12.9x | - | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
| $1.2B | $151M | 3.0x | 2.6x | 23.1x | 20.2x | |||
| $102M | ($257M) | 11.4x | 8.3x | (4.5x) | (5.0x) | |||
| $523M | ($143M) | 3.8x | 2.6x | (14.0x) | (27.9x) | |||
This data is available for Pro users. Sign up to see all Moladin competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Moladin
| When was Moladin founded? | Moladin was founded in 2017. |
| Where is Moladin headquartered? | Moladin is headquartered in Jakarta, Indonesia. |
| Is Moladin publicly listed? | No, Moladin is a private, VC-backed company. |
| How much funding has Moladin raised? | Moladin has raised $173M across 4 funding rounds. |
| What was Moladin's last funding round? | Moladin's last funding round was a $35M undisclosed-stage round in November 2025. |
| Who are Moladin's investors? | Moladin's investors include East Ventures, Global Founders Capital, Northstar Group, K3 Ventures, Analog Capital, TH Capital, Ethos Partners, Sequoia Capital, Berjaya Land, DST Global and 1 other. |
| Which companies are comparable to Moladin? | Companies comparable to Moladin include Constellation Software, Dassault Systemes, Applied Intuition, Zongmu, Topicus and Hong Jing Drive. |
See companies similar to Moladin
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.