What is Evermos?
Evermos operates as a specialized social commerce platform headquartered in Indonesia, uniquely positioned to bridge the gap between small-scale brands and a vast network of resellers. By focusing on halal-certified products and consumer goods tailored to the Muslim demographic, the company has carved out a defensible niche in a competitive retail environment. Its core value proposition centers on lowering the barrier to entry for individuals seeking supplemental income, allowing them to launch online storefronts without the burden of upfront capital expenditure. This ecosystem not only drives digital adoption among local merchants but also serves as a critical distribution channel for brands aiming to achieve household name status in the region.
How much funding has Evermos raised?
Evermos has raised a total of $72.6M across 3 funding rounds:
Series A
$3.6M
Series B
$30M
Series C
$39M
Series A (2019): $3.6M with participation from Jungle Ventures
Series B (2021): $30M led by MDI Ventures, UOB Venture, and IFC
Series C (2023): $39M supported by SWC Global, Shunwei Capital, Uni-President Asset Holdings, International Finance, Jungle Ventures, and Endeavor Global
Key Investors in Evermos
MDI Ventures
A global multi-stage venture capital firm focused on driving innovation and digital transformation in Indonesia through strategic investments in technology-driven startups.
Jungle Ventures
One of Southeast Asia's largest independent venture capital firms, specializing in long-term partnerships with founders from early-stage development through to IPO.
International Finance Corporation
A multilateral financial institution dedicated to mobilizing capital and expertise to foster sustainable private sector growth and infrastructure development in emerging markets.
What's next for Evermos?
Following the latest major strategic investment, Evermos is well-positioned to accelerate its operational footprint and enhance its technological infrastructure. The company is expected to leverage this capital to deepen its supply chain integration, optimize its reseller management platform, and potentially expand its product categories to capture a larger share of the burgeoning Indonesian consumer market. As the firm transitions into a more mature growth phase, the focus will likely shift toward achieving sustainable unit economics and solidifying its leadership in the social commerce sector, supported by a diverse syndicate of institutional backers and venture capital partners.
See full Evermos company page
