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Majoo

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AI-native business growth platform for Indonesia's MSMEs

Jakarta, IndonesiaFounded 2019Fintech
Valuation $50–100M Last recorded · 2022
Headcount 500–1k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Majoo and the history behind them.

About Majoo

Majoo Indonesia operates as a Software-as-a-Service (SaaS) provider, offering an integrated platform of business solutions for Micro, Small, and Medium-sized Enterprises (MSMEs) in Indonesia. The company was founded in 2019 by Adi Wahyu Rahadi and Audia Harahap, with Bayu Indriarko later joining. The founders leveraged their extensive experience to address the challenges faced by MSMEs. Adi Wahyu Rahadi, the CEO, has a background in informatics and over 22 years of experience at Telkomsel and T-Cash (now LinkAja), which gave him insight into the technological hurdles for small businesses. Audia Harahap, the COO, brings direct experience from running several MSME businesses, providing a deep understanding of operational difficulties.

The company's business model is based on a subscription fee for its comprehensive application. Initially launched as a Point of Sale (POS) system, Majoo has evolved into an end-to-end SaaS solution. It serves a diverse client base, including food and beverage outlets, laundromats, barbershops, and convenience stores across more than 600 cities in Indonesia. The platform has processed a significant volume of transactions, reflecting its market penetration. As of August 2022, Majoo had processed over 166 million transactions valued at US$970 million.

Majoo's product is an all-in-one application designed to digitize and manage various business operations. Key features include an online cashier (POS), inventory management, employee management, customer relationship management (CRM), and accounting functionalities. The platform also provides business analysis tools and an owner-specific app for remote monitoring. A notable aspect of Majoo's service is its omnichannel solution, which enables businesses to create their own online stores and manage sales across multiple e-marketplaces from a single dashboard. To support growing businesses, Majoo also offers an API for integration with internal company systems.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Jakarta, Indonesia
Employees
590
Open positions
5
Dealroom signal
63.5/100
Industry
Fintech
Sector
Fintech

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2022 $10M $40M Xendit · Quona Capital · BRI Ventures · AC Ventures ↗
EARLY VC✓Equity / VC Feb 2022 $5M $20M Quona Capital · BRI Ventures · AC Ventures · Xendit ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Majoo website traffic

Latest recorded traffic for Majoo is 600K monthly website visits, down 16.7% over the last three months. Majoo's team grew 0.3% over the past year.

Latest monthly visits600K 3-month web change-16.7% 1-year team growth+0.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • AC Ventures
  • BRI Ventures
  • Xendit

Series A2 investors entered at this stage

  • Quona Capital
  • Hedosophia
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇮🇩 Indonesia99.4%
🇦🇺 Australia0.3%
🇸🇬 Singapore0.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Majoo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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