What is aCommerce?
Established in 2013, aCommerce operates as a brand ecommerce enabler, providing localized retail, distribution, and marketing solutions. The company's focus on delivering comprehensive services to brands looking to expand their online presence in various markets positions it as a key player in the Southeast Asian digital commerce landscape. Its strategic funding rounds indicate a strong growth trajectory and market confidence.
How much funding has aCommerce raised?
aCommerce has raised a total of $93.8M across 5 funding rounds:
Debt
$3.1M
Series A
$10.7M
Debt
$5M
Private Equity
$10M
Series B
$65M
Debt (2013): $3.1M with participation from CyberAgent Ventures, Inc. and NTT DOCOMO Ventures
Series A (2014): $10.7M led by Sumitomo Corporation Equity Asia Limited, CyberAgent Ventures, Inc., JL Capital, Asia Pacific Digital Limited, NTT DOCOMO, INC, and Sinar Mas
Debt (2015): $5M supported by Sinarmas, Ardent Capital, and Inspire Ventures
Private Equity (2016): $10M featuring MDI Ventures, Blue Sky Funds, and DKSH
Series B (2017): $65M backed by MDI Ventures, Emerald Media, and DKSH
Key Investors in aCommerce
MDI Ventures
MDI Ventures is a global multi-stage venture capital firm focused on investing in local founders and startups, particularly in Indonesia. With a total committed AUM of US$ 830 million and over 80 portfolio companies under management, the firm aims to drive innovation and digital transformation across various sectors.
DKSH
Founded in 1865 and headquartered in Zurich, Switzerland, DKSH is a provider of market expansion services. The company works with both businesses and companies to help them develop their brands and grow into a new or existing market.
Emerald Media
Emerald Media is a pan-Asian platform established by KKR to fund investment opportunities in the fast-growing media and entertainment industries across Asia. KKR has committed up to $300mm from its KKR Asian Fund II and The Chernin Group will join as a minority co-investor.
What's next for aCommerce?
The substantial enterprise-level funding and recent strategic investment suggest aCommerce is poised for significant scaling and market expansion. This capital infusion will likely fuel further development of its platform, enhancement of its service offerings, and potentially broader geographic reach. The company's trajectory points towards solidifying its position as a leading ecommerce enabler in the region, leveraging its established infrastructure and market expertise to capture growing online retail opportunities.
See full aCommerce company page
