McEasy, a Surabaya, Indonesia-based internet-of-things (IoT) and software-as-a-service (SaaS) enterprise company, has secured Series A+ funding.
Investors
The round was led by Granite Asia, with participation from existing investor East Ventures. The total Series A funding for McEasy now stands at $11 million.
Granite Asia is a multi-asset investment platform dedicated to crafting bespoke structures to fuel the purposeful growth of the region. Headquartered in Singapore, the firm invests in the APAC region, including Southeast Asia, Japan, China, India, and Australia.
McEasy Use of Funds
The company will use the funding to develop its platform, expand its reach into new markets, and drive innovation in Indonesia's logistics ecosystem.
About McEasy
Founded in 2017 by Hendrik Ekowaluyo and Raymond Sutjiono, McEasy is an IoT and SaaS enterprise focused on transforming Indonesia’s transportation and supply chain ecosystem. The company McEasy Platform (MEP), offers comprehensive solutions including IoT mobility for fleet management, end-to-end logistic delivery solutions, and vehicle maintenance. Partnering with over 1500 logistics companies, McEasy's mission is to create an end-to-end digital ecosystem that integrates and streamlines logistics operations, making them more competitive, efficient, and ultimately more successful.
Funding Details
Company: McEasy, Inc.
Raised: Undisclosed
Round: Series A+
Funding Month: June 2024
Lead Investors: Granite Asia
Additional Investors: East Ventures
Company Website: https://www.mceasy.com/
Software Category: Fleet and Transportation Management
Source: https://technode.global/2024/06/05/indonesias-mceasy-raises-series-a-funding-led-by-granite-asia/