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Hypefast is a Jakarta, Indonesia-based house of e-commerce-native brands, focused on building and scaling direct-to-consumer (D2C) brands across Southeast Asia. The company acquires and invests in local D2C brands, providing shared resources, capital, talent, and operational expertise to help them grow into profitable, multi-million dollar businesses, aiming to develop the next generation of consumer goods giants. It manages a portfolio of over 25 brands, achieving $43 million in net revenue within its first 2.5 years and group-level profitability. While revenue nearly doubled in 2022, the company also saw increased losses that year due to higher expenses. Investor Jungle Ventures has supported Hypefast, leading its seed round in 2020. Hypefast was launched in January 2020 by founder and CEO Achmad Alkatiri, formerly CMO of Lazada and Shopee Indonesia.
Hypefast has raised $13.9M across 1 funding round.
Hypefast has raised $13.9M in total across 1 funding round.
Hypefast has raised $13.9M in total across 1 funding round.
Hypefast's investors include Amand Ventures, Jungle Ventures, Strive.
Hypefast has raised $13.9M across 1 funding round. Most recently, it raised $13.9M Series A in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 21, 2021 | $13.9M Series A | — | Amand Ventures, Jungle Ventures, Strive | Announced |