Broom

Empowering Indonesia's used car dealers

Jakarta, Indonesia · Founded 2021 · $42.0M raised

Headquarters
Jakarta
Employees
51–200
Founded
2021
Business Model
B2B2C
Website
broom.id
Total Funding
$42.0M
Last Round
$25.0M Series AOct 2024
Rounds
4

About

Broom offers end-to-end financial and operational solutions for used car dealers across Indonesia. Has disbursed $72.5M in funds to 7k+ SME auto dealers, with flagship Buyback financing product capturing significant share of Indonesia's $70.5B used car market. Also offers auto leasing channeling.

Summary

Broom is an Automotive company based in Jakarta, Indonesia, founded in 2021. It has raised $42.0M in total across 4 rounds, most recently a $25.0M Series A round in Oct 2024. Investors include AC Ventures, Openspace Ventures Bangkok Office and Quona Capital.

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Funding History

Series ASeries AOct 2024
$25.0M

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Full funding history, per-round amounts, and investor participation.

Investors

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