Setoko (Iterative S23)

Setoko (Iterative S23) is an online storefront builder based in Indonesia, founded in 2022. The company operates with the slogan "Grow with Setoko!" and focuses on assisting local businesses in Indonesia to realize their potential through the use of technology. Setoko operates within the design, internet, and marketing industries and has garnered attention through its innovative approach to empowering local businesses. The most recent milestone for Setoko is its Pre Seed Round investment on 01 June 2023, where it secured funding from the notable investors Iterative and Init 6. This demonstrates a strong vote of confidence from established players in the startup and investment landscape. With its mission to empower local businesses and unlock their potential through technology, Setoko presents a promising opportunity in the burgeoning Indonesian market. Its focus on leveraging technology for the benefit of local entrepreneurs shows potential for significant impact and growth. As it continues to gain traction and attract notable investments, Setoko is positioned to make a meaningful contribution to the local business ecosystem in Indonesia.