McEasy, an Indonesia-based startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, raised $6.5 million in a Series A investment round led by East Ventures.
The company intends to use the funds to enhance its tech capabilities, develop a product-market fit and strengthen its presence in tier two and three cities.
Company: PT. Otto Menara Globalindo
Raised: $6.5M
Round: Series A
Funding Month: July 2022
Lead Investors: East Ventures
Additional Investors:
Company Website: https://www.mceasy.co.id/
Software Category: GPS and Transportation Management System
About the Company: Founded in 2017, McEasy provides Internet-based digital solutions and GPS Tracker to answer the needs of logistics operations and vehicle location tracking. In 2019 McEasy developed and went further by providing SaaS (Software as a service) technology which is divided into 2 main products, namely VSMS (Vehicle Smart Management System) and TMS (Transportation Management System). which focuses on the B2B market and can be integrated into both transportation and supply chain companies. The startup has become a reliable transportation and supply chain solution for more than 200 companies, including Cleo Pure Water, KMDI Logistics, MGM Bosco Logistics, Rosalia Indah, and Tanto Intim Line.
Source: https://technode.global/2022/07/05/mceasy-closes-6-5m-series-a-funding-led-by-east-ventures/