# Logmore

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

- Industry: Software
- Headquarters: Jyvaskyla, Finland
- Website: www.logmore.com
- Total disclosed funding: $5M
- Latest round: Series A (Apr 28, 2020)
- Investors on record: 5

## About

Logmore Oy specializes in enhancing transparency in sensitive and cold chain shipments through innovative data logging solutions. Their technology aids businesses in monitoring critical environmental conditions during transport to ensure compliance with quality standards.Founded in 2017 in Jyvaskyla, Finland, Logmore Oy provides advanced data logging solutions for supply chain monitoring. The company has executed 4 deals, with its most recent funding round being a Series A on April 28, 2020, where it raised EUR 4.5 million led by NordicNinja VC, alongside investors such as Icebreaker and Trind Ventures. Founder Janne Juhala has a background in technology and entrepreneurship, contributing to the development of Logmore's innovative products.Logmore offers a hybrid solution designed for enhancing transparency in sensitive and cold chain shipments. Their core product suite includes data loggers that monitor environmental conditions during transportation, complemented by a robust cloud platform for data analysis. These loggers measure critical parameters like temperature and humidity, targeting industries such as logistics and pharmaceuticals that require strict supply chain monitoring. Logmore's services are primarily marketed in Europe and North America.In the most recent year of 2022, Logmore reported a revenue of EUR 1,545,564.30, alongside an EBITDA of EUR -3,469,209. Their revenue model is based on subscriptions and partnerships, allowing clients to access data logging services through various pricing plans tailored for logistics, healthcare, and food supply industries.Logmore plans to launch new products aimed at enhancing their data logging capabilities, with a focus on expanding into additional markets in Europe and North America by 2025. The EUR 4.5 million raised in Series A funding will support these initiatives, as well as enhance their cloud services and product development to better serve their clients in compliance-driven industries.

## Funding rounds

- Series A, Apr 28, 2020, $5M — Tekton Ventures, Icebreaker, Trind Ventures, NordicNinja VC, Jaakkoo-Taara Oy
- Seed, Jan 15, 2018 — Icebreaker

## Investors

- Icebreaker (https://capitalatlas.ai/funds/icebreaker) — Seed, Series A
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Series A
- Trind Ventures (https://capitalatlas.ai/funds/trind-ventures) — Series A
- NordicNinja VC (https://capitalatlas.ai/funds/nordicninja-vc) — Series A
- Jaakkoo-Taara Oy — Series A