The logistics sector in Indonesia is characterized by a high degree of fragmentation, featuring a number of major companies alongside a substantial number of smaller businesses. This situation frequently requires businesses to coordinate with multiple transportation companies, which can increase expenses and complicate supply chain operations. Logisly, a Jakarta-based company identifying as a “business-to-business, technology-driven logistics platform,” recently announced the completion of a $6 million Series A funding round intended to simplify logistics processes throughout Indonesia. Monk’s Hill Ventures spearheaded this investment.

Including this latest round, Logisly’s total funding since its establishment last year reaches $7 million. The company’s platform streamlines the ordering, management, and monitoring of trucking services. Initially, it conducts verification of carriers before incorporating them into the Logisly network. Subsequently, it links customers with trucking companies, employing an algorithm to balance supply and demand. This allows businesses requiring shipping services to locate trucks more efficiently, while enabling carriers to minimize empty space during transport.

According to co-founder and CEO Roolin Njotosetiadi, approximately “40% of trucks are in use in Indonesia, with the remainder either inactive or returning from deliveries without a load.” She explained that this leads to elevated logistics costs and delayed shipments.

Njotosetiadi further stated that Logisly is “strongly committed to building the most extensive trucking network in Indonesia, guaranteeing complete access to affordable and dependable trucks.”

Logisly currently serves over 1,000 businesses across Indonesia, spanning industries such as e-commerce, fast-moving consumer goods (FMCG), chemicals, and construction. This client base includes 300 large-scale shippers. The Series A funding will be allocated to expanding both its network of shippers and transporters – currently encompassing 40,000 trucks – and to further developing its product offerings.

The startup’s customer roster includes prominent Indonesian corporations, such as Unilever, Haier, Grab, Maersk, and JD.ID, the Indonesian branch of the major Chinese e-commerce company JD.com.

Other venture capital-supported startups concentrating on Indonesia’s logistics landscape include Shipper, specializing in e-commerce logistics; the logistics platform Waresix; and Kargo.