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Evermos Announces Largest Fundraise At Usd39 Million To Fuel Business Expansion Of Connected Commerce Network

PRIVATEMay 26, 2023

Round Type

Funding Round

BandungE Commerce

Investors

RedhillUni President Asset HoldingsEndeavor CatalystSWC GlobalTelkomsel Mitra InovasiUOB Venture ManagementShunwei CapitalJungle VenturesThe International Finance Corporation

Description

Evermos, Indonesia's largest social commerce platform, successfully raised USD39 million in its Series C funding round. Led by the International Finance Corporation (IFC) — a member of the World Bank group — and followed by returning partners such as Jungle Ventures, Shunwei Capital, UOB Venture Management, and Telkomsel Mitra Inovasi, this funding round also saw investment from new partners, SWC Global, Endeavor Catalyst, and Uni-President Asset Holdings. With this latest funding round, Evermos remains firmly on track towards its mission of elevating local micro, small, and medium enterprises (MSME) to make a positive impact on the national economy and beyond.

Quick answer

Evermos raised an undisclosed amount in a Funding Round round, dated May 26, 2023. Investors: Redhill, Uni President Asset Holdings, Endeavor Catalyst, SWC Global, Telkomsel Mitra Inovasi, UOB Venture Management, Shunwei Capital and Jungle Ventures. Evermos is based in Bandung, West Java, Indonesia.

How much did Evermos raise?
Evermos raised an undisclosed amount in a Funding Round round on May 26, 2023.
Who invested in Evermos?
Redhill, Uni President Asset Holdings, Endeavor Catalyst, SWC Global, Telkomsel Mitra Inovasi, UOB Venture Management, Shunwei Capital and Jungle Ventures are named as investors in this round.
What does Evermos do?
Evermos is a social commerce that supports local SMEs and marginalized communities for equal opportunities to #MudahTumbuhBersama.
Where is Evermos based and how big is it?
Evermos is based in Bandung, West Java, Indonesia.
Who are the decision-makers at Evermos?
Fundz holds 1 contact at Evermos. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce around the same time

Companies in the same sectors as Evermos that raised within 45 days of this round, from Fundz verified event records.

  • SKIMS raised $271M on July 7, 2023.
  • nami raised $11M (Series A) on July 6, 2023.
  • Kasha Global, Inc. raised $17M on July 6, 2023.
  • Freakins raised $4M (Seed) on July 5, 2023.
  • GlossGenius raised $28M on July 3, 2023.
  • Ponto raised $2.6M (Seed) on June 30, 2023.

Who to call at Evermos, and when

A new round usually means Evermos is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Evermos raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Evermos, from your own LinkedIn network

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Company Information

Company

Evermos

Location

Bandung, West Java, Indonesia

About

Evermos is a social commerce that supports local SMEs and marginalized communities for equal opportunities to #MudahTumbuhBersama. With over 625,000 active resellers, 1200+ brands, and 500+ employees, we strive to make a difference in people's lives by helping them achieve economic success. Our strong grassroots network powered by humanist technology serves to build an ecosystem where all stakeholders can grow together. We maintain a fair, honest, and trustworthy end-to-end process through sharia-compliance. Join us in our mission to build a more equitable and prosperous society.

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Evermos raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.