How Much Did Super Raise?
Funding & Key Investors

Super, a prominent player in the Indonesian digital commerce landscape, has successfully secured a total capital infusion of $98M. This trajectory of financial backing, highlighted by a recent strategic investment of $70M, underscores the company's robust growth profile and its pivotal role in digitizing wholesale supply chains. By leveraging these resources, Super continues to solidify its market position, transitioning from a high-growth startup to a mature enterprise-level entity capable of navigating complex logistics and retail demands across the archipelago.

What is Super?

Super
RetailConvenience Stores, Gas Stations & Liquor StoresGrocery Retail

Founded in 2018 and headquartered in East Java, Super operates a comprehensive digital platform that streamlines the procurement of basic necessities and digital goods. The company serves as a critical intermediary in the wholesale ecosystem, providing small-scale retailers and consumers with access to competitive pricing and efficient logistics, including free shipping. By integrating wholesale convenience into a single, user-friendly application, Super addresses the fragmentation inherent in traditional retail markets, effectively bridging the gap between large-scale suppliers and local merchants. This operational model has positioned the firm as a key driver of economic efficiency within the Indonesian retail sector, fostering digital adoption among underserved demographics.

How much funding has Super raised?

Super has raised a total of $98M across 2 funding rounds:

2021

Series B

$28M

2022

Series C

$70M

Series B (2021): $28M with participation from DST Global Solutions, SoftBank Ventures Asia, Stephen Pagliuca, Y Combinator Continuity Fund, Amasia, TNB Aura, and Insignia Ventures Partners

Series C (2022): $70M led by New Enterprise Associates

Key Investors in Super

New Enterprise Associates

Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.

Amasia

Amasia Group is a boutique property consulting firm with international experience, specializing in advising respected real estate organizations in the US and Australia.

TNB Aura

TNB Aura is a thesis-led venture capital firm based in Singapore, focusing on early stage investments in future-oriented startups across Southeast Asia.

What's next for Super?

With the recent influx of capital, Super is well-positioned to accelerate its infrastructure development and expand its geographic footprint. The strategic focus will likely shift toward optimizing supply chain resilience and enhancing the technological capabilities of its platform to support higher transaction volumes. As the company matures, the emphasis will remain on scaling its logistics network to ensure consistent service delivery in tier-two and tier-three cities. By maintaining a disciplined approach to capital allocation, Super aims to further entrench its dominance in the wholesale market, potentially exploring new product verticals or value-added services that leverage its existing user base and distribution network to drive long-term sustainable growth.

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Frequently Asked Questions Regarding Super Financial Insights

What are the most recent funding rounds that Super has completed, and what were the funding rounds?
Super has recently completed 2 funding rounds: Series C on Jun 2, 2022, Series B on Apr 30, 2021.
What is the total amount of funding Super has raised to date?
Super has raised a total of $98M in funding to date.
How many funding rounds has Super completed?
Super has completed 2 funding rounds.
How much funding did Super raise in its most recent funding round?
Super raised $70M in its most recent funding round.
Who are the lead investors in Super's latest funding round?
The lead investor in Super's latest funding round was New Enterprise Associates. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Super's history?
The largest funding round in Super's history was $70M.
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