A logistics software-as-a-service company called McEasy, located in Indonesia has secured US $6.5 million in a Series A round-headed by East Ventures, which increased its initial US $1.5 million investment.
Real-time vehicle tracking software, a transportation management system, and a fleet management app are among McEasy’s offerings. The company was founded in 2017. The business claimed that more than 200 big corporations use its products, aiding in its over 12-fold growth over the previous 18 months.
SaaS technology, according to McEasy co-founder Raymond Sutjiono, may save operating expenses by up to 30% for the company and improve logistical efficiency. More than 85% of supply chain organizations, according to the company, still do business using paper and pen.
The company will bolster its IT skills, deepen its product-market fit, and expand its footprint in Tier 2 and Tier 3 locations using the new funding.
Along with Sutjiono, Hendrik Ekowaluyo co-founded the business, and he stated that McEasy will concentrate on assisting SMEs with technology since it is a high-potential market with over 900,000 participants and more than five million commercial freight cars.
