Indonesia-based enterprise software provider Mekari has received $12.4m from investors including accounting platform developer Money Forward, DealStreetAsia reported today.
Venture capital firm East Ventures’ growth fund led the round, which was also backed by Star Capital.
Founded in 2015, Mekari produces a range of human resources, accounting and tax management software products designed for use by businesses in its home country.
Formerly known as Sleekr, the company raised $35,000 from unnamed investors in 2014 and an undisclosed sum from Money Forward at the start of 2018.
Mekari subsequently secured an undisclosed amount in a 2018 series A round featuring Money Forward, real estate developer Midplaza Holding and Mandiri Capital Indonesia, subsidiary of financial services firm Bank Mandiri, as well as East Ventures and Beenext.
