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McEasy Raises $1.5 Million in Seed Round

McEasy, a Surabaya, Indonesia-based software-as-a-service (SaaS) provider for logistics vehicle management and tracking, raised $1.5 million (RM6.2 million) in Seed funding from East Ventures.

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by Ben Murray
McEasy Raises $1.5 Million in Seed Round

McEasy, a Surabaya, Indonesia-based software-as-a-service (SaaS) provider for logistics vehicle management and tracking, raised $1.5 million (RM6.2 million) in Seed funding from East Ventures.

The fund will be used to strengthen its research and development unit, to increase its marketing and sales efforts to reach more enterprise players in the logistics and supply chain industry in Indonesia.

Company: PT. Otto Menara Globalindo

Raised: $1.5M

Round: Seed Round

Funding Month: September 2021

Lead Investors: East Ventures

Additional Investors:

Company Website: https://www.mceasy.co.id/

Software Category: Logistics-SaaS

About the Company: McEasy is a software-as-a-service (SaaS) provider for logistics vehicle management and tracking, offers three solutions: a vehicle smart management system (VSMS), a transportation management system (TMS), and a smart driver app. McEasy aims to increase the total number of vehicles integrated within its system by two times within the fourth quarter of 2021. It is also targeting to achieve a 4x growth from 2021 and convert more business players into customers. McEasy provides its services in the areas of Java, Bali, Sumatra, Kalimantan, and Sulawesi.

 Source: https://www.digitalnewsasia.com/startups/indonesian-logistics-management-startup-mceasy-raises-us15-mil-seed-funding-east-ventures

Ben Murray profile image
by Ben Murray

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