McEasy, an Indonesia-based internet-of-things (IoT) and software-as-a-service (SaaS) enterprise company, has raised Series A+ funding from Granite Asia as the lead investor, followed by existing investor East Ventures.

McEasy said in a statement on Wednesday that its total Series A funding has now reached $11 million.

“We intend to use the funds to accelerate the development of new IoT solutions, enable world- class artificial intelligence video-based transportation safety and drive customer-first supply chain ecosystem products,

“Our commitment is to continue delivering innovative solutions that address the critical challenges in Indonesia’s logistics ecosystem,” said Hendrik Ekowaluyo, Co-Founder of McEasy.

According to the statement, Indonesia’s logistics sector is plagued by fragmentation and inefficiency, with over 85 percent of logistics players still relying on manual pen-and-paper methods.

This has led to three primary issues: low delivery satisfaction, inefficient delivery costs and poor driver behavior.

McEasy opined that addressing these challenges is critical to enhancing the country’s competitiveness and success of logistics businesses.

The firm said it has achieved significant success in the first half of 2024.

With partnerships growing more than 6x to 1500 companies over the past 18 months, the McEasy Platform (MEP) offers a
comprehensive suite of solutions to address challenges in the nation’s logistics ecosystem, including best-in-class IoT mobility for fleet management, comprehensive end-to-end logistics delivery solutions, and vehicle spare part and maintenance solutions.

“In 2023, McEasy expanded its clientele substantially, highlighting its growing role in the market,

“Their customer-centric approach and deep market insights deliver best-in-class solutions for Indonesia’s logistics ecosystem,” said Dimitra Taslim of Granite Asia.

He said Granite Asia looks forward to supporting McEasy in transforming the industry as they set new standards in operational excellence and drive significant efficiency
gains in logistics.

Melisa Irene, Partner at East Ventures, said that East Ventures has supported McEasy since 2021, and they are proud to triple down their investment in McEasy.

“We are confident that the innovations brought by McEasy’s strong team will play a crucial role in realizing efficient transportation solutions for Indonesia and beyond,” she added.

Founded in 2017 in Surabaya, East Java, by Hendrik Ekowaluyo and Raymond Sutjiono, McEasy is a leading IoT and SaaS enterprise focused on transforming Indonesia’s transportation and supply chain ecosystem.

The firm is driven by a solid vision to transform Indonesia’s transportation and supply chain ecosystem.

Its 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.

The firm’s McEasy platform (MEP) offers comprehensive solutions, including IoT mobility for fleet management, end-to-end logistic delivery and vehicle maintenance.

As an innovative partner to over 1500 logistics companies, McEasy said it is committed to delivering cutting-edge solutions that enhance efficiency and set new industry standards.

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