How Much Did Esb Raise?
Funding & Key Investors

Esb, a prominent player in the Indonesian restaurant technology sector, has successfully secured significant capital to accelerate its market expansion. The company's total funding trajectory, currently standing at $36.6M, reflects strong investor confidence in its integrated software solutions. This latest major strategic investment of $29M underscores the firm's transition from a high-growth startup to a dominant enterprise-level platform within the Southeast Asian hospitality ecosystem.

What is Esb?

Esb
SoftwareEnterprise Resource Planning (ERP)

Founded in 2015, Esb provides a comprehensive, fully-integrated restaurant management software-as-a-service (SaaS) platform. By digitizing front-of-house operations, inventory management, and financial reporting, the company addresses critical inefficiencies in the food and beverage industry. Esb has positioned itself as a vital infrastructure provider for modern dining establishments, leveraging cloud-native technology to streamline complex operational workflows and enhance profitability for its growing client base.

How much funding has Esb raised?

Esb has raised a total of $36.6M across 2 funding rounds:

2021

Series A

$7.6M

2022

Series B

$29M

Series A (2021): $7.6M with participation from AC Ventures, Vulcan Capital Management, Skystar Capital, Beenext, and Alpha JWC Ventures

Series B (2022): $29M led by Northstar Group and Alpha JWC Ventures

Key Investors in Esb

Alpha JWC Ventures

A Southeast Asian early-to-growth stage venture capital firm founded in Indonesia that focuses on building trusted, lasting partnerships with founders to create positive global impact.

Northstar Group

A privately owned investment advisory firm specializing in personalized management and financial planning services with a focus on long-term relationship building.

AC Ventures

A growth equity investment firm that focuses on high-growth, technology-enabled businesses across Southeast Asia, providing strategic guidance and operational expertise.

What's next for Esb?

With the infusion of capital from its latest financing round, Esb is well-positioned to scale its enterprise-grade offerings and deepen its penetration into the broader Southeast Asian market. The strategic focus will likely center on product innovation, specifically enhancing its data analytics capabilities and expanding its ecosystem of third-party integrations. As the company matures, it is expected to leverage its robust financial backing to solidify its leadership position, potentially exploring new verticals within the hospitality technology space to drive long-term value for stakeholders.

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Frequently Asked Questions Regarding Esb Financial Insights

What are the most recent funding rounds that Esb has completed, and what were the funding rounds?
Esb has recently completed 2 funding rounds: Series B on Aug 29, 2022, Series A on Oct 12, 2021.
What is the total amount of funding Esb has raised to date?
Esb has raised a total of $36.6M in funding to date.
How many funding rounds has Esb completed?
Esb has completed 2 funding rounds.
How much funding did Esb raise in its most recent funding round?
Esb raised $29M in its most recent funding round.
Who are the lead investors in Esb's latest funding round?
The lead investor in Esb's latest funding round was Northstar Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Esb's history?
The largest funding round in Esb's history was $29M.
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