1Logtech
Latest round
- Seed
Last raised
- Oct 2024
Total raised
- $0.8M
Investors
- 4
About 1Logtech
Milestone Systems A/S established itself as a provider of integration solutions for logistics professionals.1Logtech specializes in providing an AI-driven, no-code integration platform as a service (iPaaS) that enables logistics professionals, specifically shippers and third-party logistics providers (3PLs), to efficiently create and manage integrations with customers and carriers. The platform facilitates seamless API and EDI connections, allowing logistics teams to develop integrations in hours instead of weeks or months, thus eliminating technical bottlenecks and reducing dependency on IT departments. Its primary offerings include the 1LT-HUB, which ensures scalability and security for logistics data transmission, and the 1LT-Workbench, a user-friendly interface allowing subject matter experts to create and modify integrations. The platform is designed for diverse transportation operations, including truckload (TL), less-than-truckload (LTL), and final-mile delivery, serving a wide client base across North America and Europe.1Logtech generates revenue through subscription-based models where clients pay for access to its no-code integration services. The transactions typically involve clients, such as shippers and 3PLs, subscribing to various service plans that grant them the capability to connect their systems and streamline operations. Each subscription allows users to leverage features like real-time data integration and API/EDI exchanges tailored to their operational needs. Although specific pricing details for individual services are proprietary, the company's offerings are built to eliminate IT backlogs and provide real-time integration capabilities, which are viewed as essential in the logistics sector.In January 2025, 1Logtech Inc. The company plans to launch new products to enhance its platform and expand into new geographical markets across North America and Europe by 2026. This strategic growth initiative aims to broaden the company's reach and improve its service offerings, thereby increasing its market presence.
Who invested in 1Logtech
4 investors across 1 round
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Funding rounds
Seed
Oct 17, 2024
Amount
$0.8M
Investors
Questions about 1Logtech
Who invested in 1Logtech?
1Logtech has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has 1Logtech raised?
1Logtech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did 1Logtech last raise money?
1Logtech's most recent round on record is a Seed, in Oct 2024.
What does 1Logtech do?
Milestone Systems A/S established itself as a provider of integration solutions for logistics professionals.
Where is 1Logtech headquartered?
1Logtech is headquartered in Westerville, US.
Which VCs invest in companies like 1Logtech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at 1Logtech's stage. Their profiles are linked below.
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