Indonesia’s Jojonomic bags new funding to improve portfolio of business solutions

Jojonomic, an Indonesian software startup that helps businesses manage different aspects of their operations, announced the close of its latest funding round led by Finch Capital. Existing investors East Ventures and Golden Gate Ventures also participated in the fundraising.

Jojonomic’s cloud-based business suite lets companies keep track of monthly expenses and disburse reimbursement claims, enhance employee productivity, manage procurement, and create a cashless ecosystem. The startup’s software also handles digital documents with “intuitive” approval flows.

The company will use the fresh capital to upgrade its business solutions, expand its customer base in Indonesia and internationally, as well as research and develop machine learning applications.