Ringkas has secured USD 5.1 million in a pre-Series A funding round, led by Flourish Ventures and Kadan Capital, to enhance its tech infrastructure and expand in Indonesia and Vietnam.
May 21, 2025•about 2 months ago
Amount Raised
$5.1 Million
Round Type
PRE-SERIES A
Investors
Kadan CapitalFlourish Ventures
Description
Mortgage tech platform Ringkas has closed a USD 5.1 million pre-Series A funding round. The round was backed by Flourish Ventures, Kadan Capital, and other investors. Ringkas partners with developers and banks to offer embedded home financing. The funding will be used to scale infrastructure and increase R&D efforts in Vietnam.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers