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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Broom is a digital ecosystem platform to help showrooms develop their businesses through digitalization and provide a solution to long inventory turnaround days. It empowers automotive SMEs through a single platform that digitizes their business process, facilitates access to capital, and provides ancillary revenue streams in the lifecycle of a car. Broom focuses on used car dealers that often lack access to capital and struggle to compete as conventional businesses. Dealers can apply for the Buyback product in the app, find inventory from Broom's dealer network, and use the platform as a gateway to end users after an inspection process.
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.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Oct 2024
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Funding: Pre-Seed through Series A. Amounts, valuations, and investors where available.
Investors
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