# Grow Commerce Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grow-commerce-pte

- Industry: Internet
- Headquarters: Jakarta, Indonesia
- Website: www.growcommerce.id
- Total disclosed funding: $7M
- Latest round: Seed (Feb 15, 2022)
- Investors on record: 3

## About

Based in Jakarta, Indonesia, and founded in 2021 by its CEO Jason Lamuda, Grow Commerce Pte Ltd operates as a technology-driven company that acquires,  operates, and scales businesses. In February 2022, Grow Commerce Pte Ltd raised USD 7 million in seed funding led by new investor AC Ventures, with participation from other new investors East Ventures and Irongrey. As of March 2022, Grow Commerce Pte Ltd has a team of more than 150 employees.

Grow Commerce Pte Ltd offers an online brand aggregator that creates a significant moat through their online and offline distribution channels, supply chain, and logistics network for scaling eCommerce brands. It also offers brand owners flexible exits through a simple and transparent buyout process or the opportunity to partner through the brand’s growth journey. The company's client base includes BerryBenka, Aleza, BBS, Kottonville, and Sorabel.

Grow Commerce Pte Ltd will use the seed funding to expand its portfolio of 5 brands.

## Funding rounds

- Seed, Feb 15, 2022, $7M — East Ventures, AC Ventures, IRONGREY

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- AC Ventures — Seed
- IRONGREY (https://capitalatlas.ai/funds/irongrey) — Seed