TransTRACK raised $12 million in a Series A funding round co-led by Eurazeo and Cocoon Capital to enhance its fleet operations solutions across Southeast Asia.
Amount Raised
$12 Million
Round Type
Series A
JakartaInformation TechnologyAutomotiveFleet ManagementInvestors
Description
TransTRACK, a Southeast Asian startup focused on transforming fleet operations with digital solutions, has secured $12 million in a Series A funding round. The investment will help accelerate its expansion into key markets including Indonesia, Singapore, and Malaysia.
Quick answer
TransTRACK raised $12 Million in a Series A round, dated August 30, 2024. Investors: App Works, Bintang Delapan, IFP Securities, Cocoon Capital and Eurazeo. TransTRACK is based in Jakarta, DKI Jakarta, Indonesia.
- How much did TransTRACK raise?
- TransTRACK raised $12 Million in a Series A round on August 30, 2024.
- Who invested in TransTRACK?
- App Works, Bintang Delapan, IFP Securities, Cocoon Capital and Eurazeo are named as investors in this round.
- What does TransTRACK do?
- TransTRACK is a technology startup company that provides end-to-end solutions for the logistics and transportation industry.
- Where is TransTRACK based and how big is it?
- TransTRACK is based in Jakarta, DKI Jakarta, Indonesia. Fundz records about 152 employees.
- Who are the decision-makers at TransTRACK?
- Fundz holds 5 contacts at TransTRACK, including the CEO & Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Fleet Management around the same time
Companies in the same sectors as TransTRACK that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Broom raised $25M (Series A) on October 2, 2024.
- Everest Fleet raised $30M (Series C) on September 20, 2024.
- Bot Auto raised $20M (Series A) on September 26, 2024.
- AmpUp raised $15M (Series A) on September 26, 2024.
- Marple raised an undisclosed amount (Funding Round) on September 26, 2024.
Who to call at TransTRACK, and when
A new round usually means TransTRACK is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day TransTRACK raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TransTRACK, from your own LinkedIn network
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Funding Insights
What this usually meansTransTRACK 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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