How Much Did Super Raise?
Funding & Key Investors

Super, a prominent player in the Indonesian digital commerce landscape, has successfully secured a total of $98M in capital to accelerate its market expansion. This latest injection of $70M represents a major strategic investment, underscoring the company's robust growth trajectory and its pivotal role in digitizing wholesale supply chains for essential goods. By consolidating digital services and physical necessities into a single, user-friendly platform, Super continues to attract significant institutional backing, positioning itself as a critical infrastructure provider for the region's evolving retail economy.

What is Super?

Super
RetailConvenience Stores, Gas Stations & Liquor StoresGrocery Retail

Founded in 2018 and headquartered in East Java, Super operates as a comprehensive digital platform designed to streamline the procurement of basic necessities and digital goods. The company addresses the fragmented retail market in Indonesia by offering wholesale convenience, competitive pricing, and logistics support, including free shipping. By leveraging technology to bridge the gap between manufacturers and local retailers, Super has established a defensible market position, effectively digitizing the traditional supply chain and enhancing operational efficiency for small-scale merchants across the archipelago.

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 Stephen Pagliuca, Amasia, SoftBank Ventures Asia, Insignia Ventures Partners, DST Global Solutions, Y Combinator Continuity Fund, and TNB Aura

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 transformative businesses.

Amasia

Amasia Group is a boutique consulting and investment firm that leverages strategic partnerships to help organizations enter new markets and access capital.

Insignia Ventures Partners

Insignia Ventures Partners specializes in providing venture capital funding and strategic support to early-stage tech startups across Southeast Asia.

What's next for Super?

With this major enterprise-level funding, Super is well-positioned to scale its logistics network and deepen its penetration into underserved Indonesian markets. The strategic focus will likely shift toward enhancing its proprietary supply chain technology and expanding its product catalog to include a broader array of digital and physical goods. As the company matures, the emphasis will remain on achieving sustainable unit economics while maintaining its competitive edge in a high-growth, high-volume sector. Investors are closely monitoring Super's ability to integrate further into the daily lives of Indonesian consumers, potentially setting the stage for future market dominance or strategic consolidation within the Southeast Asian tech ecosystem.

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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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