About Segari
Segari is a company based in Tangerang (Indonesia) founded in 2020 by Yosua Setiawan and Farand Award.. Segari has raised $39.5 million across 3 funding rounds from investors including Alfamart, Gunung Sewu and Beenext. Segari operates in a competitive market with competitors including HappyFresh, Dropezy, Cosmart, Pasarnow and Titipku, among others.
- Headquarter Tangerang, Indonesia
- Founders Yosua Setiawan, Farand Award
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.5 M (USD)
in 3 rounds
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Latest Funding Round
$23.5 M (USD), Series B
Sep 15, 2023
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Investors
Alfamart
& 5 more
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Employee Count
Employee Count
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Funding Insights of Segari
Segari has successfully raised a total of $39.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $23.5 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $23.5M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Segari | Valuation |
investors |
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| Sep, 2021 | Amount | Series A - Segari | Valuation | Gunung Sewu , Alfamart | |
| Mar, 2021 | Amount | Seed - Segari | Valuation | Beenext |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Segari
Segari has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Alfamart, Gunung Sewu and Beenext. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Tech-enabled businesses across Southeast Asia are supported by ACV Capital.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and late stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Segari
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Segari
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Segari Comparisons
Competitors of Segari
Segari operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HappyFresh, Dropezy, Cosmart, Pasarnow and Titipku, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hyperlocal grocery delivery is facilitated via a mobile app.
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| domain | founded_year | HQ Location |
Subscription-based online retailer for essential grocery products.
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| domain | founded_year | HQ Location |
Multi-category grocery products are retailed via mobile app.
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an online platform.
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| domain | founded_year | HQ Location |
Multi-category grocery supplies are provided via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Segari
Frequently Asked Questions about Segari
When was Segari founded?
Segari was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Segari located?
Segari is headquartered in Tangerang, Indonesia. It is registered at Tangerang, Banten, Indonesia.
Who is the current CEO of Segari?
Yosua Setiawan is the current CEO of Segari. They have also founded this company.
Is Segari a funded company?
Segari is a funded company, having raised a total of $39.5M across 3 funding rounds to date.
What does Segari do?
Segari was established in 2020 in Tangerang, Indonesia, as an online platform in the e-commerce sector focused on groceries. A range of products is offered, encompassing fruits and vegetables, bakery items, meat and seafood, snacks and sweets, drinks and beverages, and additional categories. Operations are centered on facilitating direct-to-consumer delivery within Indonesias urban areas.
Who are the top competitors of Segari?
Segari's top competitors include HappyFresh, Cosmart and Pasarnow.
Who are Segari's investors?
Segari has 6 investors. Key investors include Alfamart, Gunung Sewu, Beenext, ACV Capital, and SIG Venture Capital.
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