What is Jago Coffee?
Jago Coffee operates a distinctive mobile cart model, bringing freshly brewed, high-quality coffee directly to consumers across various locations. The company focuses on convenience and quality, with baristas preparing each cup on the spot. This direct-to-consumer approach aims to capture market share by serving customers wherever they are, whether at home, in the office, or during daily errands. The company's strategy is centered on accessibility and a personalized coffee experience.
How much funding has Jago Coffee raised?
Jago Coffee has raised a total of $8.2M across 2 funding rounds:
Other Financing Round
$2.2M
Series A
$6M
Other Financing Round (2022): $2.2M with participation from Beenext, CyberAgent Capital, Arkblu Capital, and Intudo Ventures
Series A (2024): $6M led by D Global Ventures, Beenext, Intudo Ventures, and ORZON Ventures
Key Investors in Jago Coffee
Beenext
Beenext is a founder-first venture capital firm supporting innovative entrepreneurs across various sectors, emphasizing collaboration and knowledge sharing. They invest in diverse startups focused on fintech, sustainability, mobility, and enterprise SaaS.
Intudo Ventures
Intudo Ventures is a venture capital firm exclusively investing in Indonesia since 2017, focusing on the Indonesian digital ecosystem. They combine Silicon Valley expertise with a deep local network to support founders.
CyberAgent Capital
CyberAgent Capital (CAC) is a venture capital firm supporting seed and early-stage startups in Japan and Southeast Asia. They provide funding, knowledge, and access to a global network to help startups succeed.
What's next for Jago Coffee?
With a recent Series A financing round, Jago Coffee is poised for significant expansion. The substantial capital infusion, described as a major strategic investment, suggests a focus on scaling operations, potentially expanding its mobile fleet, enhancing its technological infrastructure for order and delivery, and broadening its geographic reach. This funding will likely enable Jago Coffee to solidify its market position and further innovate within the burgeoning mobile beverage sector, aiming for sustained growth and increased brand visibility.
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