waresix has raised $126.0M in total across 3 funding rounds.
waresix's investors include Jungle Ventures.
Waresix is a technology-driven logistics company based in Indonesia that operates a digital marketplace connecting businesses with integrated logistics services, including freight forwarding, land transportation, and warehousing. It primarily serves B2B customers across more than 100 cities in Indonesia, offering end-to-end supply chain solutions that address inefficiencies in traditional logistics. Waresix’s platform streamlines operations by providing shipment visibility, paperless administration, and automation, helping businesses optimize their logistics and reduce costs. The company has demonstrated strong growth momentum, expanding its service offerings from warehouse management to full logistics integration and securing significant funding rounds to support its technology and network expansion[1][2][3][5].
Founded in 2017 by Andree Susanto (CEO), Edwin Wibowo (CFO), and Eric Dharma (President), Waresix emerged from the founders’ recognition of Indonesia’s fragmented and inefficient logistics sector. The idea was to create a unified digital platform that could integrate trucking, warehousing, and freight forwarding services to improve supply chain efficiency. Early traction included rapid expansion of its network to over 40,000 trucks and 375 warehouses, profitability by mid-2019, and securing substantial Series A and B funding rounds totaling over $125 million. Pivotal moments include becoming the exclusive logistics platform for the Indonesian Ministry of Health’s oxygen concentrator distribution and acquiring complementary logistics companies to broaden its service capabilities[2][4][9].
Waresix rides the global trend of digital transformation in logistics and supply chain management, particularly in emerging markets where infrastructure challenges create inefficiencies. Indonesia’s fragmented geography and growing e-commerce sector create strong demand for integrated, technology-enabled logistics solutions. The timing is favorable due to rising digital adoption, government support for infrastructure, and increasing trade volumes in Southeast Asia. Waresix’s platform not only improves operational efficiency but also contributes to economic growth by enabling smoother trade flows and supporting SMEs. Its influence extends to setting new standards for logistics tech in the region and fostering a more connected ecosystem of shippers, carriers, and warehouses[1][2][3][4].
Waresix is positioned to continue scaling as it deepens its technology capabilities and expands its network across Southeast Asia. Future trends shaping its journey include increased automation, AI-driven logistics optimization, and integration with digital trade platforms. The company’s focus on sustainability and operational excellence will likely enhance its competitive edge. As e-commerce and regional trade grow, Waresix’s role as a logistics integrator will become increasingly critical, potentially evolving into a dominant regional platform that drives efficiency and innovation in Southeast Asia’s supply chains[1][2][4]. This trajectory aligns with its mission to accelerate trade and commerce by building the most powerful logistics platform in the region.
waresix has raised $126.0M across 3 funding rounds. Most recently, it raised $100.0M Series B in September 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2020 | $100.0M Series B | Jungle Ventures | |
| Jan 1, 2020 | $11.0M Series A | Jungle Ventures | |
| Jul 1, 2019 | $15.0M Series A | Jungle Ventures |