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§ Private Profile · Tangerang, Jawa Barat, Indonesia
B2B marketplace digitizing Indonesia's construction supply chain for contractors, streamlining end-to-end procurement of building materials.
Juragan Material operates a B2B marketplace based in Indonesia, digitizing the construction supply chain by streamlining end-to-end procurement processes for building materials. The platform connects contractors and project owners with over 180 curated suppliers, offering more than 9,000 SKUs across structural, architectural, mechanical, and electrical categories to improve project efficiency. The company secured $4 million in seed funding in 2022, led by Go-Ventures with participation from Susquehanna International Group (SIG). This capital supports its rapid expansion, with gross merchandise value (GMV) reportedly doubling monthly on average while maintaining strong positive unit economics. Juragan Material was founded in 2021 by Tito Putra, Graceila Putri, Ricky Fernando, and Meichael Surja. Its business model centers on B2B marketplace model, generates revenue through transactions between suppliers and contractors/project owners on the platform. The company has demonstrated strong unit economics with GMV doubling monthly on average.
Juragan Material has raised $4.0M across 1 funding round.
Juragan Material has raised $4.0M in total across 1 funding round.
Juragan Material has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 3, 2022 | $4M Seed | GO Ventures | Susquehanna International Group | Announced |
Juragan Material has raised $4.0M in total across 1 funding round.
Juragan Material's investors include Go-Ventures, Susquehanna International Group.