Meet TransTRACK! This Indonesian startup digitizes fleet operations to track, streamline, analyze, and optimize their processes. Now, they’ve raised a $12M Series A.

• Founded in 2019, they’ve grown 20% monthly in the past year.
• They have over 1,200 clients in 130 cities in Indonesia and 30 cities in Malaysia and Singapore.

Investor check. Eurazeo and Cocoon Capital led the round. IFP Securities, Bintang Delapan, and AppWorks also joined in!

• They last raised a $2.1M Pre-Series A last year.

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🚚 One for the road

They’re an all-in-one digital fleet solution. They’ve seen that they can increase productivity and fleet utilization by 40% while reducing overtime, fuel and labor costs, total mileage, and idle time by 30%.

• Fleet management. Track your fleet’s location, condition, and fuel efficiency.
• Transportation management. Monitor shipments and track orders for the best fleet utilization.
• Truck appointment. Fix your queue systems and speed up your loading/unloading times.

Apart from that, they’ve got even more solutions!

Check out their carbon emission dashboard, carbon footprint analysis, marine transportation optimization, vehicle maintenance, and a logistics service integrator.

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💰What’s with the $$$?

They’ll be expanding across their existing markets like Indonesia, Singapore, and Malaysia. Oh, and they’ll start exploring Australia and Taiwan.