Consumer · Seed
Vela Commerce
Social-first commerce for Indonesia's tier-2 cities. Raising seed capital to expand after 210k gmv monthly.
Round progress
••• of $1,200,000
Instrument
Convertible note
Min cheque
$25K
Valuation cap
•••
Deadline
106 days
Committed capital and the valuation cap open after sign-in.
Problem
Outside Jakarta, shoppers buy through chat apps with no trust or delivery guarantee.
Solution
Live-selling storefronts with escrow and same-day courier routing.
Traction
210k GMV monthly, 46% repeat buyers, 320 sellers.
Team
Ex-Tokopedia category leads; 27 people.
Use of funds
60% engineering and product, 25% go-to-market hires, 15% compliance and working capital.
Early-stage investing carries a high risk of losing all capital. GAIN does not hold investor funds and does not give investment, legal or tax advice.