Aditya Hadi Pratama · · 1 min readYouTube co-founder joins $10m series A of Indonesian automotive startup
Otoklix, an Indonesia-based automotive aftermarket services platform, has raised US$10 million in a series A round co-led by Alpha JWC Ventures and AC Ventures, with YouTube co-founder Steve Chen and Sequoia Capital India’s Surge participating.
Otoklix team / Photo credit: Otoklix
Otoklix helps vehicle owners discover services at nearby independent workshops. It also provides customer relationship management and supply chain management solutions for car workshops.
The company was founded by Martin Reyhan Suryohusodo and Joseph Alexander Ananto in 2019. In December 2020, it raised US$2 million funding led by Surge, with participation from GK Plug and Play, Kenangan Fund, Lentor Ventures, and Noble Star Ventures.
Otoklix has currently partnered with 1,900 car workshops, and it provided services to over 100,000 customers in the past year. The firm plans to use the new funds to establish its own workshops across Indonesia.
Other investors in this round include:
- Prijono Sugiarto, former CEO of Indonesia-based conglomerate Astra International
- XA Network
Editing by Miguel Cordon and Lorenzo Kyle Subido
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