# PT Sukses Makmur Digital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-sukses-makmur-digital

- Industry: Internet
- Headquarters: Jakarta, Indonesia
- Website: www.yukstay.com
- Total disclosed funding: $15M
- Latest round: Seed (Apr 15, 2019)
- Investors on record: 1

## About

PT Sukses Makmur Digital is an Indonesian technology company specializing in digital solutions for hospitality, enabling seamless online bookings and enhanced customer experiences.Founded in 2018 in Jakarta, Indonesia, PT Sukses Makmur Digital focuses on delivering digital solutions for the hospitality sector. The company has successfully executed 3 deals, with the most recent acquisition taking place on March 25, 2021, when Flokq acquired the firm from Y Combinator for an undisclosed sum. The company operates independently without any known parent or subsidiary relationships.PT Sukses Makmur Digital offers innovative digital tools and services tailored for the hospitality industry, including a sophisticated online booking platform that streamlines customer interactions and enhances operational efficiency for hotels and accommodations. Their solutions are designed to optimize the guest experience, helping clients manage reservations, payments, and customer communication seamlessly.The company generates revenue through a combination of subscription fees and transaction-based pricing models. Their clients typically engage in service agreements that allow for flexible pricing based on usage, catering to a wide range of hospitality providers, from boutique hotels to larger chains.In line with its growth strategy, PT Sukses Makmur Digital is focusing on expanding its product offerings, with new features set to be released by the end of 2022 aimed at enhancing user engagement and operational efficiency. The company plans to enter new markets in Southeast Asia, targeting countries such as Malaysia and Thailand, with a projected expansion timeline through 2023. The recent funding round of USD 150,000 will support these initiatives, providing the necessary resources for product development and market entry.

## Funding rounds

- Seed, Apr 15, 2019, $15M — Insignia Ventures Partners

## Investors

- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Seed