# PT Shippindo Teknologi Logistik

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-shippindo-teknologi-logistik

- Industry: Logistics & Distribution
- Headquarters: Jakarta, Indonesia
- Website: www.shipper.id
- Total disclosed funding: $84M
- Latest round: Series B (Apr 15, 2021)
- Investors on record: 9

## About

PT Shippindo Teknologi Logistik, based in Indonesia, focuses on providing digital logistics solutions that enhance supply chain efficiency across various sectors, including e-commerce and FMCG.PT Shippindo Teknologi Logistik specializes in digital logistics solutions. Founded in 2016 in Jakarta, Indonesia, the company has successfully executed 5 deals by May 2022, when it raised USD 65 mn in funding from several investors including AC Ventures and Sequoia Capital. The company was founded by Budi Handoko, Phil Opamuratawongse, and Refatul Talukder, with Ben Novak currently serving as CEO.PT Shipper Indonesia specializes in digital logistics solutions designed to streamline the supply chain for various business sectors. Their core offerings include warehouse distribution, fulfillment services, transportation management systems, and technology-driven solutions such as the Shipper API, which facilitates seamless integration into clients' existing platforms. The company's products cater to a diverse client base, including e-commerce businesses, automotive companies, Fast-Moving Consumer Goods (FMCG), food and beverage sectors, and public services. Geographically, Shipper operates primarily within Indonesia, providing services designed to enhance the efficiency of logistics operations in urban centers and beyond. The company aims to solve challenges related to order management, inventory control, and transportation efficiency, ensuring that clients can deliver products swiftly and reliably to end users.Revenue for PT Shipper Indonesia is generated through a combination of service offerings that facilitate logistics and supply chain management for businesses. The company engages in B2B transactions, establishing partnerships with various sectors that utilize its warehouse management and transportation systems. Clients typically subscribe to Shipper’s services, creating structured transactions that include charges for storage, order fulfillment, and API access. The pricing model is designed to provide flexibility based on service usage, reflecting the specific logistical needs of each client. By leveraging its technology and service offerings, Shipper supports its clients in optimizing their supply chain processes, driving efficiency and cost-effectiveness in their operations.In May 2022, PT Shippindo Teknologi Logistik raised USD 65 mn in venture funding to support its expansion initiatives. The company plans to utilize this funding to enhance its offerings and potentially explore new markets. Details on upcoming product launches have not been disclosed, but the company is committed to broadening its service capabilities, focusing on sectors where logistics complexity is growing.

## Funding rounds

- Series B, Apr 15, 2021, $63M — Lightspeed Venture Partners, Hong Shan, Floodgate, DST Global, Y Combinator, Prosus Ventures, Insignia Ventures Partners, AC Ventures
- Series A, May 20, 2020, $20M — Lightspeed Venture Partners, Naspers, Insignia Ventures Partners, AC Ventures
- Seed, Apr 3, 2019, $0.9M — Insignia Ventures Partners

## Investors

- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Seed, Series A, Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B
- Naspers — Series A
- AC Ventures — Series A, Series B
- Hong Shan — Series B
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series B
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series B