Shopping is super easy for us, thanks to marketplaces like Shopee and Lazada. But SMEs can't relate — so Proglix is here to change that!

Founded in 2022, this Indonesian startup just raised a $1.35M seed to help SMEs get the supplies they need faster, cheaper and easier.

• Their revenue shot up 66% in their first year of operations.

Investor check. 500 Global, Number Capital, Magic Fund, Arkana Ventures and MDI Arise joined in.

• 👼🏻: The founders of Fazz, Evermos, Kenangan, and JIWA also invested.
• They're the only Indonesian startup confirmed for Y Combinator's W23 batch.

‍

👉🏼 The problem

SMEs have to source the raw materials they need through traditional suppliers like traders and wholesalers, and it's a major pain.

• Prices constantly go up and down, deliveries are often delayed, and you're always wondering if your supplier has enough (or enough) stock of the items you need.
• On top of that, it's a lot of work and mess. You're probably managing multiple discussions, payments and deliveries between different suppliers.

‍

⚙️ How it works

Proglix's end-to-end B2B platform where you can order raw materials across multiple industries, starting with metals, steel, polymers and electrical supplies.

All in one place. Need some electrical cables? How about solar panels? Choose from their online product catalog and order in one click — it's that easy.

• They make sure to have low prices and a wide product selection with whatever you need in stock.
• High-quality items are sourced from multiple manufacturers, including brands you trust.

Let them handle the hassle. They integrate inventory updates, book and track deliveries and allow you to make payments directly on their platform — so you can focus on the important work.

• They also make sure to deliver quickly and have customer support to help you whenever you need it!

And don't worry about the money! They also offer credit for up to 30 days — they know cashflow can be tight.

‍

🔜 What's next

They'll be growing their product offerings, expanding the team and reaching out to more customers.