Majoo is a technology company.
Majoo has raised $10.0M across 1 funding round.
Majoo has raised $10.0M in total across 1 funding round.
Majoo has raised $10.0M in total across 1 funding round.
Majoo's investors include AC Ventures, Alpha JWC Ventures, Quona Capital.
Majoo is an Indonesian technology company providing a comprehensive business management platform for small and medium-sized enterprises (SMEs). It offers point-of-sale (POS) systems, inventory management, employee tools, CRM, analytics, online orders, and payment solutions like majoo Pay, serving sectors such as food and beverages, retail, beauty, and services[1][2][3][4]. The platform helps SMEs digitize operations, manage sales across marketplaces via a single dashboard, and automate processes to boost efficiency and growth, with tools like consumer apps for loyalty programs and kitchen display systems (KDS) for order management[1][2][3].
Founded in 2019 and headquartered in Jakarta, Majoo has raised $15M in funding, including a $10M round, employs 501-1,000 people, and generates around $55M in revenue, positioning it as a key player in Indonesia's retail tech space[1][4].
Majoo was founded in 2019 in Jakarta, Indonesia, targeting the digitization needs of local SMEs in a market ripe for tech adoption[1][4]. Leadership includes CEO and Founder Adi Wahyu Rahadi, CTO Chris Major, and COO Audia Rizal Harahap, who have driven its focus on integrated business software[2][4]. The idea emerged from recognizing SMEs' challenges in managing fragmented sales, inventory, and operations amid rising e-commerce, leading to early traction through tools like online POS and marketplace integration[1][2]. Pivotal moments include securing $15M in funding across two rounds and expanding to specialized products like majoo Prime Beauty for wellness businesses, fueling rapid employee growth to over 500[3][4].
Majoo stands out in the crowded POS and ERP market through its all-in-one, SME-tailored ecosystem:
Majoo rides Indonesia's SME digitization wave, where over 60 million small businesses lag in tech adoption amid e-commerce booms from platforms like Shopee and Tokopedia[1][2]. Its timing aligns with post-pandemic shifts to omnichannel retail and QRIS payment mandates, empowering SMEs to compete digitally without high costs[3]. Market forces like rising internet penetration and government pushes for economic formalization favor Majoo, as it simplifies operations in fragmented sectors like F&B and beauty[1][4]. By enabling marketplace unification and analytics, Majoo influences the ecosystem, accelerating retail tech adoption and contributing to lists like CB Insights' Retail Tech 100[1].
Majoo is poised for expansion as Indonesia's SME sector digitizes further, potentially through IPO pursuits given its pre-IPO status and $15M funding[2][4]. Trends like AI-driven analytics, embedded finance via majoo Pay, and regional Southeast Asian growth will shape its path, with franchise models scaling its reach[3]. Its influence may evolve from local POS leader to regional ERP powerhouse, especially if it leverages API integrations for enterprise play. This builds on its core strength: turning tech complexity into SME simplicity for sustained momentum[1][2].
Majoo has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in August 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2022 | $10.0M Series A | AC Ventures, Alpha JWC Ventures, Quona Capital |