What is Mekari?
Mekari operates as a leading cloud-based business automation solutions provider, catering to a diverse range of businesses across Indonesia, from small enterprises to large corporations. The company leverages technology to offer comprehensive SaaS products designed to streamline and enhance various business operations. Its solutions aim to support the digital transformation journey of Indonesian businesses, providing tools for efficiency, productivity, and growth in an increasingly competitive market. Mekari's focus on delivering accessible and scalable technology positions it as a key player in the nation's burgeoning tech ecosystem.
How much funding has Mekari raised?
Mekari has raised a total of $68M across 2 funding rounds:
Series D
$18M
Series E
$50M
Series D (2021): $18M with participation from EV Growth, Money Forward, and MidPlaza Holding
Series E (2022): $50M led by Money Forward
Key Investors in Mekari
Money Forward
Money Forward is a leading Japanese financial technology company providing cloud-based financial management and business solutions. They offer a comprehensive suite of products including personal finance management applications, cloud accounting software, and business intelligence tools, aiming to simplify and automate financial operations for individuals and SMEs.
MidPlaza Holding
MidPlaza Holding is a prominent Indonesian group known for its innovative solutions in real estate and information and communications technologies. They specialize in commercial, residential, and hospitality properties, aiming to provide high-quality real estate and hospitality experiences.
EV Growth
EV Growth is an investment firm that typically focuses on supporting the growth of technology-enabled businesses. Their involvement suggests a strategic interest in Mekari's expansion and market potential within the Indonesian digital economy.
What's next for Mekari?
The recent major strategic investment in Mekari signals a strong confidence from its backers in the company's future trajectory and its potential for further market penetration. This capital infusion is expected to accelerate Mekari's product innovation, expand its service offerings, and strengthen its market presence within Indonesia and potentially beyond. As a company focused on business automation, Mekari is well-positioned to capitalize on the growing demand for digital solutions that enhance operational efficiency and support business scalability. Future developments may include enhanced AI capabilities, broader integration with other business systems, and strategic partnerships to further solidify its leadership in the Indonesian SaaS market.
See full Mekari company page
