# PT Wahyu Saluran Berkat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-wahyu-saluran-berkat

- Industry: Software
- Headquarters: Tangerang, Indonesia
- Website: www.wahyoo.com
- Total disclosed funding: $13M
- Latest round: Series B (Oct 6, 2022)
- Investors on record: 20

## About

Wahyoo, founded in 2017 and headquartered in Tangerang, Indonesia, provides a digital platform serving micro, small, and medium enterprises (MSMEs) in the food and beverage sector, enhancing operational efficiencies through a comprehensive marketplace.Wahyoo operates a digital platform that connects food vendors with suppliers, improving procurement and inventory management. Founded by Daniel Cahyadi and Peter Shearer, the company has achieved three significant deals since its inception. In October 2022, Wahyoo completed a Series B funding round, raising USD 6.560 mn, bringing its total amount raised to USD 6.560 mn and its current valuation to USD 38.938 mn. The funding was led by East Ventures and included participation from several notable investors such as Evowood and Global Brain.Wahyoo specializes in a digital marketplace designed for micro, small, and medium-sized enterprises in the food and beverage sector. The platform connects food vendors with suppliers, addressing supply chain inefficiencies, and enabling better access to quality ingredients. It primarily serves small to medium-sized restaurants, catering services, and street food vendors, allowing them to enhance their operational capabilities and reduce costs through streamlined processes.Wahyoo's revenue model consists of B2B transactions, where restaurants and vendors purchase ingredients via their platform. The pricing is based on a commission from each transaction, which varies with order size and supplier agreements. The marketplace platform is central to their revenue generation, supplemented by subscription-based services that offer enhanced features to frequent users, thereby fostering strong relationships with both suppliers and clients.In October 2022, Wahyoo secured USD 6.560 mn in Series B funding to further its growth initiatives. The company plans to develop new products aimed at enhancing user experience on its platform, while also targeting expansion into new geographical markets across Southeast Asia by the end of 2023. The recent funding will support these strategic efforts and strengthen its market position.

## Funding rounds

- Series B, Oct 6, 2022, $6.6M — Global Brain, East Ventures, IndoGen Capital, Intudo Ventures, NH Absolute Return Partners, ZICO Trust, GREAT MERITUS HOLDINGS LTD, Trinity Optima Production, Evowood, Nitto Prima Ventura
- Series A, Dec 1, 2021, $6.6M — Artesian, East Ventures, IndoGen Capital, Intudo Ventures, Chapter One, Agaeti Venture Capital, Selera Kapital, Amatil X, Kinesys Group, Gratyo Universal Indonesia, ZICO Trust, GREAT MERITUS HOLDINGS LTD, Arkblu Capital
- Seed, Jul 23, 2019 — East Ventures, SMDV, Chapter One, Agaeti Venture Capital, Rentracks Co., Ltd., Kinesys Group

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A, Series B
- SMDV (https://capitalatlas.ai/funds/smdv) — Seed
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Seed, Series A
- Agaeti Venture Capital (https://capitalatlas.ai/funds/agaeti-venture-capital) — Seed, Series A
- Rentracks Co., Ltd. — Seed
- Kinesys Group (https://capitalatlas.ai/funds/kinesys-group) — Seed, Series A
- Artesian (https://capitalatlas.ai/funds/artesian) — Series A
- IndoGen Capital (https://capitalatlas.ai/funds/indogen-capital) — Series A, Series B
- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Series A, Series B
- Selera Kapital — Series A
- Amatil X (https://capitalatlas.ai/funds/amatil-x) — Series A
- Gratyo Universal Indonesia — Series A
- ZICO Trust — Series A, Series B
- GREAT MERITUS HOLDINGS LTD — Series A, Series B
- Arkblu Capital (https://capitalatlas.ai/funds/arkblu-capital) — Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series B
- NH Absolute Return Partners — Series B
- Trinity Optima Production — Series B
- Evowood — Series B
- Nitto Prima Ventura — Series B