How Much Did Esb Raise?
Funding & Key Investors

Esb, a prominent player in the Indonesian hospitality technology sector, has successfully secured significant capital to accelerate its market expansion. The company has reached a total valuation milestone represented by $36.6M, bolstered by a recent funding round of $29M. This major strategic investment underscores the growing investor confidence in the digital transformation of the food and beverage industry across Southeast Asia.

The firm's trajectory reflects a robust growth narrative, moving from its initial Series A backing to a more substantial Series B round. This capital infusion positions Esb to further solidify its infrastructure and enhance its comprehensive suite of restaurant management tools, catering to the increasing demand for integrated SaaS solutions in a rapidly digitizing economy.

What is Esb?

Esb
SoftwareEnterprise Resource Planning (ERP)

Founded in 2015, Esb operates as a fully-integrated restaurant management software as a service (SaaS) platform. By providing a centralized digital ecosystem, the company enables restaurant operators to streamline front-of-house and back-of-house operations, inventory management, and financial reporting. Its market position is defined by its ability to offer end-to-end enterprise solutions that address the complex operational challenges faced by modern food service businesses. As a critical enabler of efficiency, Esb has become an essential partner for businesses looking to scale their operations through data-driven insights and automated workflows.

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 Alpha JWC Ventures, Beenext, Vulcan Capital Management, Skystar Capital, and AC Ventures

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

Key Investors in Esb

Alpha JWC Ventures

Alpha JWC Ventures is a Southeast Asian early-to-growth stage venture capital firm founded in Indonesia in 2015 that focuses on building trusted, lasting partnerships with founders.

Northstar Group

The Northstar Group is a privately owned investment advisory firm that specializes in providing personalized investment management and financial planning services.

Beenext

BEENEXT is a founder-first venture capital firm that supports bold ideas from innovative entrepreneurs across various sectors including enterprise SaaS.

What's next for Esb?

With the successful closure of its latest financing, Esb is poised to enter a new phase of operational scaling and product innovation. The strategic focus will likely shift toward deepening its penetration in the Indonesian market while exploring regional opportunities within Southeast Asia. By leveraging the expertise of its diverse investor base, the company is well-positioned to enhance its enterprise-grade features, potentially integrating advanced analytics and AI-driven demand forecasting to maintain its competitive edge. The ongoing support from institutional backers suggests a long-term commitment to establishing Esb as the definitive operating system for the regional hospitality sector.

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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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