About Vertical SaaS sector in Jakarta, Indonesia
The Vertical SaaS sector in Jakarta, Indonesia comprises 284 companies, including 41 funded companies having collectively raised $583M in venture capital money and private equity. Out of these, 21 are Series A+ funded.
Vertical SaaS sector in Jakarta, Indonesia has seen 3 acquisitions and 3 IPOs.
This sector includes companies building Software-as-a-Service platforms purpose-built to manage operational workflows unique to a single industry vertical.
Vertical SaaS sector is also known as Vertical Software or Industry-Specific SaaS.
It includes specific salon booking and point-of-sale software, dedicated construction project scheduling software, restaurant kitchen management dashboards, and customized hotel property management platforms. It excludes generic horizontal cloud software lines (like general Salesforce CRM, broad Microsoft Excel tools, or horizontal QuickBooks accounting applications).
Top Vertical SaaS Companies in Jakarta, Indonesia
There are 284 Vertical SaaS startups in Jakarta, Indonesia which include Kargo, LummoSHOP, McEasy, Waresix, Baskit. Out of these, 41 startups are funded, with 21 having secured Series A+ funding.
2026 has seen the creation of 12 Vertical SaaS startups in Jakarta, Indonesia. Over the past 10 years, an average of 19 new companies have been launched annually. Notably, several of these startups have been founded by alumni of BITS Pilani, Bandung Institute of Technology (ITB) and Bocconi University.
Here is the list of top Vertical SaaS startups in Jakarta, Indonesia
1. Kargo
Online marketplace for freight transportation services. It provides an app and web-based platforms that enable users to search for, compare and book services from its network of partner truckers. Its features include real-time tracking, auto dispatch, and online payments.
Key facts about Kargo
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $38.6M
- Investors: Peak XV Partners, Tenaya Capital and 15 Others
- Latest Funding Round: Series B, Jul 30, 2024, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 26 Competitors
2. LummoSHOP
Provider of storefront solutions for online businesses. It offers an online store application for online businesses to target online customers. Its features include an order management system, payment, product management, marketing, and more. The company offers mobile applications for Android and iOS platforms.
Key facts about LummoSHOP
- Founded Year: 2019
- Location: Jakarta (Indonesia)
- Stage: Series C
- Total Funding till date: $149M
- Investors: Peak XV Partners, Surge and 31 Others
- Latest Funding Round: Series C, Jan 19, 2022, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 30 of 3,385 Competitors
3. McEasy
Provider of SaaS-enabled solution for logistics vehicle management and tracking. They offer an integrated transportation management system with IoT integration, optimizing operational delivery and route efficiency. It provides solutions for fleet monitoring, driver behavior, route optimization, and more.
Key facts about McEasy
- Founded Year: 2017
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $28M
- Investors: East Ventures, Granite Asia and 2 Others
- Latest Funding Round: Series B, Aug 05, 2026, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 55 of 7,169 Competitors
4. Waresix
Online marketplace providing on-demand warehousing services. It is an online marketplace that connects warehousing providers with businesses looking for on-demand storage or warehousing services. Customers can use the online platform to see available warehouses/space and book the same by providing relevant details. After the warehouse owner/operator approves the request, inventory is sent to the warehouse. It also offers a cloud based platform that enables users to manage and recall inventory in real-time.
Key facts about Waresix
- Founded Year: 2017
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $206M
- Investors: East Ventures, Temasek and 15 Others
- Latest Funding Round: Series B, Aug 10, 2026, $*****
- Tracxn Score: 54/100 What is this?
5. Baskit
Provider of supply chain management and business financing software tools. This platform facilitates distribution operations by connecting brands with wholesalers and retailers. It integrates inventory tracking, logistics coordination, and merchandising data into a centralized system. Additionally, the service offers working capital financing to support production and distribution activities.
Key facts about Baskit
- Founded Year: 2022
- Location: Jakarta (Indonesia)
- Stage: Series A
- Total Funding till date: $9.7M
- Investors: Analog Ventures, Investible and 15 Others
- Latest Funding Round: Series A, Apr 15, 2026, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 89 of 4,044 Competitors
Companies founded year-on-year in the Vertical SaaS sector in Jakarta
12 new startups have been founded so far in 2026 in the Vertical SaaS sector in Jakarta. 44 Vertical SaaS startups in Jakarta were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 12 |
2025 | - |
2024 | 9 |
2023 | 14 |
2022 | 16 |
2021 | 22 |
2020 | 44 |
2019 | 33 |
2018 | 22 |
2017 | 18 |
Stage-wise distribution of Vertical SaaS sector companies in Jakarta
Out of the total 284 Vertical SaaS companies in Jakarta, 41 have secured funding. Among them, 21 have reached Series A or higher, and 12 to Series B or beyond.
Founded - 284
Funded - 41
Series A+ - 21
Series B+ - 12
Series C+ - 7
Company Stage | No. of companies |
|---|---|
Founded | 284 |
Funded | 41 |
Series A+ | 21 |
Series B+ | 12 |
Series C+ | 7 |
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Funding Trends in the Vertical SaaS sector in Jakarta
Total funding year-on-year in the Vertical SaaS sector in Jakarta
The Vertical SaaS sector in Jakarta saw a total funding of more than $583M in the last 10 years. The most amount of funding was in 2022 at more than $154M. There has been a total funding of $44.1M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $44.1M |
2025 | - |
2024 | $69M |
2023 | $43.3M |
2022 | $154M |
2021 | $92.1M |
2020 | $151M |
2019 | $26.6M |
2018 | $2.2M |
2017 | - |
Recent Funding Rounds in Vertical SaaS in Jakarta
In the year 2026, till August 2026, Vertical SaaS companies in Jakarta have raised $40.8M in equity funding across 3 rounds.
In the same period last year (i.e. till July 2025), Vertical SaaS companies in Jakarta had raised equity funding across 2 rounds.
Here are some recent, important funding rounds in Vertical SaaS companies in Jakarta:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 2584 | Aug 10, 2026 | and 2 more | |
Series B | 2399 | Aug 05, 2026 | ||
Series A | 7706 | Apr 15, 2026 | and 3 more | |
Seed | 2598 | Jul 08, 2025 | ||
Seed | 3350 | Feb 17, 2025 | and 1 more |
Top Investors in Vertical SaaS in Jakarta
Plug and Play Tech Center is the top investor in Vertical SaaS companies in Jakarta based on number of companies invested.
Here are some top investors in Vertical SaaS companies in Jakarta:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Tokyo (Japan) | ||
Washington, DC (United States) | - | |
Singapore (Singapore) | - | |
Jakarta (Indonesia) |
M&A activity in Vertical SaaS sector in Jakarta
In the year 2025, till February 2025, 1 acquisition happened in Vertical SaaS sector in Jakarta.
Here are some recent, important acquisitions in Vertical SaaS sector in Jakarta:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 26, 2025 | ||
Business Acquisition | Jan 27, 2021 | ||
Business Acquisition | Jul 21, 2015 |
Acquisition trends in Vertical SaaS sector in Jakarta
Here are the acquisition trends in Vertical SaaS sector in Jakarta:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | - |
2023 | - |
2022 | - |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
IPOs in Vertical SaaS in Jakarta
In the year 2023, till March 2023, 1 IPO happened in Vertical SaaS sector in Jakarta.
Here are some recent, important IPOs in Vertical SaaS sector in Jakarta:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 08, 2023 | Indonesia Stock Exchange (IDX) | |
Sep 17, 2019 | Indonesia Stock Exchange (IDX) |
Colleges which produce the most Vertical SaaS companies in Jakarta
Companies founded by alumni from top colleges in the Vertical SaaS in Jakarta
Most number of Vertical SaaS startups in Jakarta have been founded by alumni from BITS Pilani, Bandung Institute of Technology (ITB) and Bocconi University.
College | No. of companies |
|---|---|
BITS Pilani | 2 |
Bandung Institute of Technology (ITB) | 1 |
Bocconi University | 1 |
Erasmus University Rotterdam | 1 |
Harvard University | 1 |
IIT Delhi | 1 |
Nanyang Technological University (NTU) | 1 |
Singapore Management University (SMU) | 1 |
Stanford University | 1 |
University of California (Berkeley) | 1 |
Total funding in Vertical SaaS companies founded by alumni from top colleges in Jakarta
In the last 10 years, University of California (Berkeley) graduates' Vertical SaaS companies in Jakarta have raised the most funding among top colleges. BITS Pilani alumni are second, and Bocconi University alumni are third.
College | Total Funding |
|---|---|
University of California (Berkeley) | $206M |
BITS Pilani | $158M |
Bocconi University | $149M |
Singapore Management University (SMU) | $8.5M |
IIT Delhi | $2.3M |
Erasmus University Rotterdam | $8K |
Bandung Institute of Technology (ITB) | - |
Harvard University | - |
Nanyang Technological University (NTU) | - |
Stanford University | - |
Top News in Vertical SaaS in Jakarta
•
Indonesian logistics firm Waresix’s revenue tripled but losses surged 2.6x in 2022Shareandstocks•Apr 17, 2024•Waresix
•
Waresix Reportedly Cuts Employees in Product and Development DivisionDailysocial•Feb 19, 2024•Waresix
•
O-CITY and PT TKDN join forces to roll out Account-Based Ticketing Solution in IndonesiaFintech Finance•Jun 13, 2023•O-CITY, Nusa Digital Works Technology
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Wagely partners with Shadhin to provide smartphone EMI facility for RMG workersDhaka Tribune•May 29, 2023•Wagely, Shadhin
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Wagely partners with Impress NewtexDhaka Tribune•Mar 08, 2023•Wagely, Impress Newtex Composite Textiles
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Wagely onboards Noor Elahi as Managing Director for BangladeshDhaka Tribune•Nov 20, 2022•Wagely, Western Union
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BGMEA partners with Bangladesh’s financial wellness pioneer, WagelyDhaka Tribune•Oct 11, 2022•BGMEA, Wagely
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JPMorgan and Visa link blockchain payment networksFinextra•Oct 11, 2022•J P Morgan, Visa, Brick, Visa
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