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 streamline operations and enhance productivity through its comprehensive suite of SaaS products. Its offerings are designed to support business development by automating critical functions, thereby fostering efficiency and scalability for its clientele. Mekari's commitment to digital transformation positions it as a key player in the Indonesian tech landscape, driving innovation in business management solutions.
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 Money Forward, MidPlaza Holding, and EV Growth
Series E (2022): $50M led by Money Forward
Key Investors in Mekari
Money Forward
Money Forward is a leading Japanese financial technology company specializing in cloud-based financial management and business solutions. They offer a comprehensive suite of products including personal finance management, cloud accounting, expense management, and payroll services, aiming to simplify and automate financial operations for individuals and businesses.
MidPlaza Holding
MidPlaza Holding is a prominent Indonesian conglomerate with significant interests in real estate and information and communications technologies. Known for its innovative solutions and commitment to quality, the company has a strong presence in various sectors, contributing to technological advancements and property development.
EV Growth
EV Growth is an investment firm that typically focuses on high-growth potential companies, particularly within the technology and digital sectors. Their investment strategy often involves providing capital to support scaling operations and market expansion for promising startups and established businesses.
What's next for Mekari?
With the recent infusion of $50M in a major strategic investment, Mekari is poised for accelerated growth and further market penetration. This enterprise-level funding is indicative of the company's strong market position and its potential for future expansion, likely focusing on enhancing its product suite, expanding its customer base, and potentially exploring new technological frontiers. The strategic nature of this capital injection suggests a focus on long-term value creation and strengthening its competitive advantage within the Indonesian SaaS market. Mekari's trajectory points towards continued innovation and leadership in providing essential business automation tools.
See full Mekari company page
