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///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops
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Shipper
Series B

Jakarta| Est. 2017

Aggregator connecting sellers to 2,500+ logistics providers; warehousing/fulfillment (140+ warehouses); first-mile pickup (25,000+ agents).

Total FundingUS$ 132M
ValuationCentaur-level

Investment Thesis

"2,500+ fragmented logistics providers need aggregation; e-commerce sellers across multiple platforms need unified logistics."

Recent Signals

  • 01Revenue $85.6M in 2024 (up from $50.8M 2023).
  • 02300K customers.
  • 03Exploring Pintek partnership.
  • 04140+ warehouses network.

Key People

  • P
    Phil Opamuratawongse
  • B
    Budi Handoko

Cap Table

DST GlobalSequoia Capital IndiaProsus VenturesY CombinatorLightspeed Venture Partners

Verified Funding History

RoundDateAmountParticipating Investors
Series BApr 2021US$ 63MDST Global, Sequoia India, Prosus Ventures
Series AFeb 2021US$ 20MProsus Ventures, Floodgate, Y Combinator, Lightspeed
Series AJun 2020US$ 20MProsus Ventures (lead), Lightspeed, AC Ventures, Insignia Ventures
SeedSep 2019US$ 5MY Combinator, Lightspeed Venture Partners, Floodgate, Insignia Ventures

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