Indonesian logistics startup Crewdible bags $1.5m in Global Founders-led round

Indonesian micro-warehousing startup Crewdible has secured US$1.5 million in a pre-series A round led by Berlin-headquartered Global Founders Capital.

Photo credit: Crewdible

The company plans to use the fresh investment to further build up its presence in big cities across Indonesia, step up its marketing efforts, and improve its system to better support various needs and massive traffic.

Through its platform, Crewdible connects ecommerce sellers with warehouse owners for order fulfilment. It turns empty facilities such as houses, offices, and warehouses into micro warehouses.

According to a statement, its services enable warehouses to be deployed anywhere, even in expensive and strategic locations, and help cut down fees by eliminating big overhead costs such as rental, setup, and maintenance fees.

In September 2018, Crewdible raised an undisclosed amount of seed funding from angel investors. Since then, the company said it grew more than 40x in the past 12 months.

“With our advanced system, we want to support our sellers every step of the way, from 20 transactions to 100,000 transactions a month,” said Sony Gultom, chief technology officer and co-founder of Crewdible.

The company is part of the first cohort of Gojek Xcelerate, an accelerator program launched by Indonesian tech giant Gojek in partnership with startup hub Digitaraya earlier this year.

A similar startup in Indonesia offering warehouse services is Waresix, a local end-to-end logistics tech startup that claims to be reaching profitability soon after reaching 15x growth year on year in April. It raised US$1.6 million in a pre-series A funding round in October 2018.