Advotics
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Advotics - overview
Established
2016
Location
Jakarta, -, Indonesia
Primary Industry
Software
About
Advotics is a digital solutions provider focused on enhancing supply chain management and logistics through innovative software platforms designed for various business operations. Advotics, founded in 2016 in Jakarta, Indonesia, specializes in digital solutions for supply chain management. The company has undergone strategic developments but has remained true to its core mission. Boris Sanjaya, the founder and current CEO, leads Advotics, which has raised a total of USD 3.
75 mn across funding rounds, with the most recent being a Series A round in February 2022, led by East Ventures. The company operates primarily out of Jakarta, Indonesia. Advotics offers a comprehensive suite of digital solutions aimed at improving supply chain and logistics for businesses. Their core products include advanced software platforms for workforce, distribution, and warehouse management, along with advocate relationship management.
These tools automate processes like sales order management and inventory tracking, tailored for manufacturers, distributors, and retailers, particularly within the consumer goods and logistics sectors, primarily in Southeast Asia. Advotics generates revenue through subscription-based models and service partnerships, enabling businesses to utilize their software solutions effectively. Their transaction model typically involves B2B interactions, where clients subscribe to various software packages designed to enhance logistical capabilities. These packages include features such as automated inventory management and route optimization, thereby maximizing operational efficiency.
The pricing structure is tiered based on client operations and user count, with flagship products like the Workforce Management System and Warehouse Management System forming the backbone of Advotics' value proposition. Following a Series A funding round of USD 3. 75 mn in February 2022, led by East Ventures, Advotics plans to expand its footprint into the SME market and enhance its sales team. The company is also actively looking to develop new products aimed at improving supply chain capabilities and to target new geographic regions for market penetration, although specific release dates or regional details have not been disclosed.
The funding will directly support these initiatives, allowing Advotics to scale its operations effectively.
Current Investors
East Ventures, Build Collective
Primary Industry
Software
Sub Industries
Business Support Services, Analytics & Performance Software
Website
www.advotics.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Series A
Total Amount Raised
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