Broom, a digital automotive startup in Indonesia, has closed a US$25 million Series A+ funding round led by Openspace.

Additional participants included AC Ventures, Quona Capital, MUFG Innovation Partners, and PKSHA Capital.

The funding provided working capital to over 7,000 SME automotive dealers.

The newly launched Broom Leasing Channeling (BLC) service recorded 2,300 transactions and generated over US$17 million in revenue.

Broom plans to expand its operations into western and eastern Indonesia in the second half of this year, aiming to collaborate with 23 multi-finance companies to improve transaction processes through API integration.