# iSeller

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iseller

- Industry: Internet
- Headquarters: Jakarta, Indonesia
- Website: www.isellercommerce.com
- Total disclosed funding: $14M
- Latest round: Series B (Jan 26, 2023)
- Investors on record: 4

## About

iSeller is an Indonesian technology company that offers innovative software solutions, focusing on enhancing operational efficiency through cloud-based services and applications tailored for businesses across various industries.Founded in 2016 in Jakarta, Indonesia, iSeller specializes in providing software solutions designed for operational efficiency. The company has engaged in three significant deals to date, with the most recent funding round being a SERIES B on January 26, 2023, which raised USD 11.40 mn. This round was led by Intudo Ventures, with participation from Beacon Venture Capital, Mandiri Capital Indonesia, and Openspace Ventures. The current CEO, Jimmy Petrus, co-founded the company alongside Sebastian von Gleich.iSeller focuses on innovative solutions within the technology sector, specifically in software development and cloud-based services. Its core offerings include applications aimed at enhancing operational efficiency, particularly in data analytics, customer relationship management, and project management. These solutions benefit various industries, including finance, healthcare, and retail, facilitating improved decision-making and customer engagement. The company targets markets across North America, Europe, and Asia, serving a clientele that ranges from small businesses to large enterprises, thereby boosting productivity and service delivery.iSeller's revenue model is primarily based on subscription services, allowing businesses access to its software and cloud solutions through tiered pricing plans. Clients can select from various packages, including options for enterprise-level clients requiring advanced features. Revenue is generated through direct sales to businesses, with transactions occurring annually or monthly based on subscription type. Partnerships with key retailers and wholesalers further enhance the distribution of the company’s products, ensuring alignment with industry standards and customer demands without disclosing specific pricing details.In January 2023, iSeller raised USD 11.40 mn in SERIES B funding to further develop its products by introducing new features. The company aims to expand its offerings and is actively seeking to penetrate new markets and geographic regions, particularly focusing on Asia and Europe, by the end of 2024. The recent funding will be utilized to support these development initiatives and product enhancements.

## Funding rounds

- Series B, Jan 26, 2023, $11M — Mandiri Capital Indonesia, Beacon Venture Capital, Intudo Ventures, Openspace Capital
- Series A, Mar 30, 2021, $3M — Mandiri Capital Indonesia, Openspace Capital

## Investors

- Mandiri Capital Indonesia (https://capitalatlas.ai/funds/mandiri-capital-indonesia) — Series A, Series B
- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Series A, Series B
- Beacon Venture Capital (https://capitalatlas.ai/funds/beacon-venture-capital) — Series B
- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Series B