- McEasy extends Series A to $11M with Granite Asia’s investment.
- The firm provides IoT and SaaS solutions to logistics players.
- It aims to modernize fleet management for 1,500 clients.
Defying the odds in logistics land
McEasy, an Indonesian IoT and SaaS firm providing solutions to logistics players, has extended its series A round to US$11 million following an injection by Granite Asia, previously known as GGV Capital.
Despite the price war and slowing growth faced by third-party logistics players across Southeast Asia, McEasy has seen its client and partner base grow 6x over the past 18 months to 1,500 companies, including Waresix, Telkom Indonesia, and Pertamina.
Out with the old, in with McEasy
Founded by Hendrik Ekowaluyo and Raymond Sutjiono in 2017, McEasy aims to change the way logistics operators manage their fleets. Many operators still use old-fashioned methods, resulting in disjointed services, unprofessional driver conduct, and low customer satisfaction.
McEasy’s logistics management system comprises real-time vehicle tracking software, a transportation management system, and a fleet management app, among other features.
The startup first raised series A funding in 2022, where East Ventures led a US$6.5 million injection.
Ekowaluyo stated that the company intends to use the funds to accelerate the development of new IoT solutions, enable world-class artificial intelligence, and drive customer-first supply chain ecosystem products, further solidifying McEasy’s position in the market.
To read the original article: https://www.techinasia.com/mceasy-secures-11m-series-money-strengthenlogistics-system-ai
