# TransTRACK

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

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.transtrack.co
- Total disclosed funding: $15M
- Latest round: Series A (Aug 30, 2024)
- Investors on record: 10

## About

Established in 2019 and based in Jakarta, Indonesia, PT. Indo Trans Teknologi, trading under the name TransTRACK, operates as a data collection solution that provides end-to-end solutions for the logistics and transportation industry. In August 2024, TransTRACK raised USD 12 million in series A funding co-led by new investor Eurazeo and returning investor Cocoon Capital, with participation from other new investors Independent Financial Partners, Bintang Capital Partners, and AppWorks. Other unspecified investors also participated in the round. As of 2023, the firm operates from locations in Jakarta (HQ), Bandung, Surabaya, Semarang, Jambi, D.I. Yogyakarta, Singapore, Bali, Makassar, Manado, Medan, Muarabungo, Palembang, and Tenggarong. 

The firm offers fleet and transportation management systems, vehicle management systems, portable/cargo trackers, mobile phone trackers, vehicle camera solutions, truck appointment systems, and other related products and services for logistics companies to offer complete visibility across the supply chain in a single platform to track driver behavior, proper vehicle use, fuel efficiency, works breaks, and safety to help optimize their business operations.

## Funding rounds

- Series A, Aug 30, 2024, $12M — Eurazeo, Cocoon Capital, Bintang Capital Partners, Independent Financial Partners, AppWorks
- Seed, May 29, 2023, $2.5M — Cocoon Capital, Accelerating Asia Ventures, YCAB Ventures, Damson Capital, Goldbell Investments
- Seed, Oct 8, 2021, $0.6M — Cocoon Capital, Accelerating Asia Ventures, Indonesia Women Empowerment Fund

## Investors

- Cocoon Capital (https://capitalatlas.ai/funds/cocoon-capital) — Seed, Series A
- Accelerating Asia Ventures (https://capitalatlas.ai/funds/accelerating-asia-ventures) — Seed
- Indonesia Women Empowerment Fund — Seed
- YCAB Ventures (https://capitalatlas.ai/funds/ycab-ventures) — Seed
- Damson Capital (https://capitalatlas.ai/funds/damson-capital) — Seed
- Goldbell Investments (https://capitalatlas.ai/funds/goldbell-investments) — Seed
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series A
- Bintang Capital Partners (https://capitalatlas.ai/funds/bintang-capital-partners) — Series A
- Independent Financial Partners — Series A
- AppWorks (https://capitalatlas.ai/funds/appworks) — Series A