Logistics

TransTRACK.ID fast-tracks SEA expansion with $2.1M Pre-Series A

June 27, 2023
Image by zinkevych on Freepik

Meet TransTRACK.ID! This Indonesian startup helps companies digitize their fleet operations to track, analyze, and optimize their processes. And they just raised a $2.1M Pre-Series A

  • Launched in 2019, they’re currently active in 34 local cities and serve over 600 clients across various sectors. 

Investor check. Ortus Star led the round, while returning investors Cocoon Capital and YCAB Ventures joined in.

  • Goldbell Investment, NP Consulting, Damson Capital, and some angel investors also participated!

🛣️ Hit the road

Poor fleet management can impact your productivity, fuel, and labor costs. TransTRACK helps you manage your supply chain with their end-to-end solutions. 

  • 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.

That’s not all! They also offer accident compensation.

  • Plus, features such as driver fatigue monitoring, cargo door sensor, temperature sensor (and more!) help keep your drivers and your goods safe. 

🗺️ The big picture

Several startups are active in Indonesia’s logistics sector. 

🚛 What the future holds? 

They’ll expand operations to 100 cities in Indonesia.

  • They’re also looking to grow in SEA countries like Malaysia, Singapore, Thailand, Cambodia, and Vietnam.

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