Aditya Hadi Pratama · · 1 min readEast Ventures leads seed round of Jurnal co-founder’s F&B management firm
Runchise, an Indonesia-based restaurant management platform, has raised an undisclosed amount of seed funding in a round led by East Ventures, with participation from Arise and Init 6.
Runchise team / Photo credit: Runchise
Founded earlier this year, Runchise helps restaurant and franchise owners manage their stores. Its services are used for table arrangement, supply chain management, and point-of-sales processes. It also connects establishments with food ordering platforms such as GrabFood and GoFood.
In a statement, Runchise said that its platform has integrations with East Ventures-backed accounting software Jurnal, as well as logistics firms GrabExpress and Lalamove.
The company was established by Daniel Witono, who is the founder of Jurnal. Runchise plans to use the fresh funding for hiring, product development, and marketing purposes.
See also: These are the most active investors in Indonesia’s startups
Other investors in the round include:
- Prasetya Dwidharma
- Alto Partners
- Genesia Ventures
Editing by Miguel Cordon and Jaclyn Tiu
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