Construction Startup AMODA Receives Pre-Early Funds from East Ventures

Property and construction startup AMODA announced today (8/7) that it has secured an undisclosed amount of pre-start funding led by East Ventures. The company will leverage the funds to upgrade manufacturing facilities, enlarge the team, and invest in R&D.

AMODA Co-founder and CEO Robin Yovianto said, so far commercial construction is a sector that has been around for a long time and holds a lot of potential to solve its problems. AMODA is here to revolutionize this sector by providing better integration of construction and technology.

“We believe that AMODA is at the forefront of bringing people to a better life, through the assurance of peace of mind. Fund from East Ventures will accelerate our mission to bring more social and economic impact to Indonesia,” he said in an official statement.

He detailed several problems in construction, such as a lack of skilled labor, lack of transparency and reliability of specifications, supervision, and documentation, and no standardization of materials, budgets and time estimates. All of these problems lead to high-risk execution, time and cost inefficiencies, and an overall unpleasant experience.

Therefore, Robin and his colleague Agusti Salman Farizi (President) are encouraged to pioneer AMODA in 2021. AMODA eliminates problems in the conventional construction process by simplifying the process through the integration of digital technology, making it cost-effective, hassle-free, and time-efficient. This solution is here for individuals and businesses, both small and large scale.

AMODA Service

Product AMODA are ErgaPods and ErgaBox. Both adopted the concept of prefabrication, which is a construction method carried out by fabricating building components at the factory and then bringing them to the site for installation and erection of the building.

Also, modular buildings, namely buildings formed through a panelization process. Each component of the building will be assembled at the factory (off site) in the form of panels, and then these panels will be put together into a building. In this construction, panels/modules are also very possible to be customized. So the advantages of the two concepts are simple processes, time efficient, cost effective, reliable quality, flexible, and less waste.

“AMODA has made a significant impact on anyone looking to start a business, by reducing the risk that users have to bear by enabling them to do trials and errors; to move from one location to another.”

Robin continued, in developing R&D, the company will focus on two things. First, from the product side, we want to expand the boundaries of construction assets, create more products to meet different needs, and deliver products that are more time and cost efficient. Second, from the technology side, it provides more features to facilitate the user's digital experience online end-to-end.

“We are excited about the innovation that the AMODA team brings to the property design and construction market in Indonesia. AMODA's founders have relevant and strong experience both locally and globally. This makes us believe that the era of more efficient property development in Indonesia will soon come,” said East Ventures Partner Melisa Irene.

Until the middle of this year, AMODA claims to have doubled its revenue compared to the previous year. This progress has also been combined with growth in user adoption, characterized by 50% faster client acquisition. The average client is a culinary business, but also cannot be separated from corporate businesses, property developers, and startups.