ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
DealStreetAsia

Indonesian invoicing startup Paper.id raises $12m

Company provides platform for businesses to create invoices, manage accounting

Paper.id targets small and midsize companies, which still depend heavily on manual methods to manage their business. (Source image from Paper.id Facebook page)

JAKARTA -- Indonesian invoicing startup Paper.id has raised $12 million in a Series B funding round led by GoTo-backed venture capital firm Go-Ventures, sources familiar with the matter told DealStreetAsia.

Indonesian venture capital firm Skystar Capital; Living Lab Ventures, the investment arm of local real estate company Sinar Mas Land; U.S.-based investment firm BM Capital; and Redbadge Pacific also participated in the round, the sources added.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more