What is Mbiz?
Founded in 2015 and based in Jakarta, Indonesia, Mbiz.co.id operates within the B2B (Business to Business) sector, specifically designed to facilitate transactions between companies. The platform aims to streamline the process of business-to-business commerce, providing a dedicated ecosystem for corporate dealings. This strategic investment likely positions Mbiz for further expansion and enhancement of its B2B transaction capabilities.
How much funding has Mbiz raised?
Mbiz has raised a total of $20M across 1 funding round:
Series B
$20M
Series B (2020): $20M, investors not publicly disclosed
What's next for Mbiz?
The substantial enterprise-level backing and recent strategic investment indicate that Mbiz is poised for significant scaling and market penetration. This capital infusion is expected to fuel product development, expand operational reach within Indonesia and potentially beyond, and enhance its service offerings to better serve the B2B market. The company's focus on facilitating inter-company transactions suggests a strategic move towards becoming a dominant player in the Indonesian digital commerce landscape.
See full Mbiz company page
