DELIVEREE, which operates a trucking and cargo marketplace, has closed a US$70 million Series C round led by venture capital firm Gobi Partners and SPIL Ventures, the venture arm of Indonesian container liner Salam Pacific Indonesia Lines.

Existing investor Inspire Ventures also participated. The round of funding brings the total funds raised by the startup over the past 5 years to US$109 million.

Deliveree operates in Indonesia, Thailand and the Philippines (under the brand name Transportify).

The company said its gross transaction value grew by 3.2 times in the last 24 months and will exceed US$100 million this year. It employs nearly 500 people across 4 countries.

“Furthermore, the businesses who rely on Deliveree to power their day-to-day cargo shipments and deliveries have reached over 25,000,” Deliveree said.