# Logiwa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/logiwa

- Industry: Software
- Headquarters: Chicago, US
- Website: www.logiwa.com
- Total disclosed funding: $45M
- Latest round: Series B (Nov 3, 2022)
- Investors on record: 9

## About

Logiwa, Inc. offers a cloud-based Warehouse Management System (WMS) that enhances fulfillment operations for diverse sectors including logistics and e-commerce, utilizing AI-driven technology to optimize warehouse management.Founded in 2004 and headquartered in Chicago, US, Logiwa, Inc. specializes in cloud-based supply chain solutions. The company was co-founded by Erhan Musaoglu and Nike Fölscher. Logiwa has secured a total of USD 10.00 mn in Series B funding, with the latest round completed on November 3, 2022. The funding was led by Prologis Ventures and BAM Elevate, aimed at enhancing their platform through advanced automation and analytics.Logiwa specializes in providing a comprehensive cloud-based Warehouse Management System (WMS) designed to enhance high-volume fulfillment operations across various sectors, including third-party logistics (3PL), direct-to-consumer (DTC), and B2B services. Their primary offering, Logiwa IO, is an AI-driven Fulfillment Management System (FMS) that streamlines warehouse operations through features such as automated inventory management, order processing, and real-time task optimization. This integrated solution addresses challenges faced by fulfillment centers by utilizing advanced automation and data analytics to improve efficiency and reduce operational costs. Logiwa serves a diverse client base, including online retailers, wholesalers, and distributors across North America, Europe, and Asia, enabling them to scale their operations effectively and respond to changing market demands.Logiwa's revenue model is primarily based on subscription services for its WMS and FMS offerings. Clients typically engage with the company through annual contracts that provide access to its suite of tools, which include advanced features for inventory management and fulfillment optimization. Revenue is generated through different pricing tiers tailored to varying business needs, such as the DTC Launch Edition and the Enterprise Edition, each designed to cater to specific operational scales and complexities. The financial transactions are structured as recurring subscriptions, enabling clients to access continuous software updates and customer support, which are crucial for maintaining high operational standards. As a SaaS provider, Logiwa emphasizes customer retention and satisfaction through its rapid onboarding procedures and responsive technical support, fostering long-term partnerships.In November 2022, Logiwa, Inc. raised USD 10.00 mn in Series B funding, part of a larger USD 26.4 mn round, to accelerate its growth. The company plans to develop its platform further through AI-powered automation and advanced analytics, as well as expand its out-of-the-box integrations ecosystem. Plans for future growth may include entering new markets and geographical regions to enhance their service offerings.

## Funding rounds

- Series B, Nov 3, 2022, $10M — Prologis, BAM Elevate
- Series B, Jun 29, 2022, $26M — Valor Equity Partners, Prologis, LaunchCapital, NewRoad Capital Partners, Spider Capital, Runway Venture Partners, BAM Elevate
- Series A, Apr 15, 2021, $8.5M — Valor Equity Partners, LaunchCapital, Spider Capital, Otimo Retail Group, Runway Venture Partners
- Seed, Jun 23, 2017 — Revo Capital

## Investors

- Revo Capital (https://capitalatlas.ai/funds/revo-capital) — Seed
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A, Series B
- LaunchCapital (https://capitalatlas.ai/funds/launchcapital) — Series A, Series B
- Spider Capital (https://capitalatlas.ai/funds/spider-capital) — Series A, Series B
- Otimo Retail Group — Series A
- Runway Venture Partners (https://capitalatlas.ai/funds/runway-venture-partners) — Series A, Series B
- Prologis (https://capitalatlas.ai/funds/prologis) — Series B
- NewRoad Capital Partners (https://capitalatlas.ai/funds/newroad-capital-partners) — Series B
- BAM Elevate (https://capitalatlas.ai/funds/bam-elevate) — Series B