Codemi, a Jakarta-based startup providing cloud-based learning management system for corporations, has secured an undisclosed sum in funding from Init 6.
Init 6 is an early-stage VC firm launched in April this year by Bukalapak co-founders Achmad Zaky and Nugroho Herucahyono.
The edutech startup will use the fresh capital for product development and security enhancement, it said in a statement.
Also Read: Bukalapak co-founders launch Init 6 to back early-stage startups in Indonesia
Along with this announcement, Codemi has also appointed Zaky as Commissioner.
Launched in 2013, Codemi helps companies overcome problems in conducting training programmes, such as limited trainers and space that hinder the delivery of training materials, difficulties in measuring the development, and learning outcomes of each employee and the high distribution of training materials, especially for companies with branches in various locations.
The platform enables participants to take classes, exams and discuss their classes. As for administrators, they will be able to manage the programme and content, while checking on reports and analyse them.
The firm has launched three new products — instructor-led learning, collaborative learning, and on-the-job learning.
Codemi earns revenue through subscriptions.
Also Read: Bukalapak names Rachmat Kaimuddin as new CEO, replacing Achmad Zaky
Its clients include Frisian Flag, Manulife, Ranch Market, and OK Bank.
Zaki Falimbany, Founder and CEO, Codemi, said: “The pandemic has greatly impacted how learnings are being conducted in corporations…we continuously work on our products so that they can facilitate easier learnings for employees and partners.”
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