Locad
Latest round
- Series A
Last raised
- Mar 2023
Total raised
- $21M
Investors
- 15
About Locad
Founded in 2020 in Singapore, Locad operates as a logistics provider catering specifically to e-commerce needs.Locad provides a comprehensive logistics solution tailored for e-commerce brands, focusing on distributed fulfillment across multiple marketplaces. Their core offerings include a plug-and-play fulfillment platform that integrates seamlessly with various online storefronts, allowing merchants to manage inventory, process orders, and ship products efficiently. This service enhances customer experience by ensuring timely deliveries and operational efficiency. Their clients range from small to medium-sized enterprises (SMEs) to larger brands operating in diverse markets, including Southeast Asia, Australia, and the United States.50. Revenue is generated through a transaction model that includes fulfillment services, warehousing, and shipping solutions tailored to the needs of e-commerce businesses. Their flexible pricing structure accommodates various client needs, often utilizing a pay-per-use model that allows clients to pay only for the services they utilize. This expansion will be supported by improvements in its artificial intelligence-driven smart logistics capabilities, enabling better service delivery and efficiency in new markets. The company is also designing new products to further enhance its logistics offerings, aiming to meet the evolving needs of its clientele.
Who invested in Locad
15 investors across 3 rounds
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Questions about Locad
Who invested in Locad?
Locad has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Locad raised?
Locad has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Locad last raise money?
Locad's most recent round on record is a Series A, in Mar 2023.
What does Locad do?
Founded in 2020 in Singapore, Locad operates as a logistics provider catering specifically to e-commerce needs.
Where is Locad headquartered?
Locad is headquartered in Singapore, Singapore.
Which VCs invest in companies like Locad?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Locad's stage. Their profiles are linked below.
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