# MyCloudFulfillment

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

- Industry: Logistics & Distribution
- Headquarters: Bangkok, Thailand
- Website: www.mycloudfulfillment.com
- Total disclosed funding: $9.4M
- Latest round: Series B (Nov 5, 2021)
- Investors on record: 5

## About

MyCloudFulfillment offers comprehensive online fulfillment services that enhance logistics efficiency for eCommerce businesses across multiple channels. Their solutions streamline order management and connect clients to various marketplaces, enabling better inventory control and order processing.MyCloudFulfillment, founded in 2015, operates from Bangkok, Thailand, providing tailored logistics solutions for eCommerce businesses. The company has successfully completed 2 deals, with the latest being a Series B funding round on November 5, 2021, raising USD 7.4 mn from investors JWD Group and SCB10X. CEO Nithi Satchatippavarn, a key figure in the company, leads its operations.MyCloud Fulfillment is a leading provider of comprehensive online fulfillment services tailored for eCommerce businesses operating across multiple sales channels. Their core offerings include an integrated order management system (OMS) and warehouse management system (WMS), designed to streamline the processes of order storage, packing, shipping, and transportation management. The services enable businesses to connect seamlessly with online marketplaces such as Lazada, Shopee, and various social commerce platforms, allowing for centralized inventory management and automated order processing. MyCloud Fulfillment is primarily focused on the Thai market but also aims to serve eCommerce businesses looking to optimize their logistics and order fulfillment strategies in broader Southeast Asian markets. The end users of these services include small to medium-sized online retailers, brands in various sectors including consumer goods and electronics, as well as larger businesses seeking professional logistics solutions.MyCloud Fulfillment generates revenue through a transactional model primarily based on service agreements with its clients, which include a mix of eCommerce businesses and retailers. The company structures its revenue around service fees associated with storage, order processing, and shipping, typically billed based on the volume of orders handled. Clients benefit from flexible pricing plans that adjust according to their operational needs, including options for promotional campaigns and special sales events. These arrangements facilitate tailored solutions, allowing businesses to manage their inventory efficiently while leveraging MyCloud Fulfillment's expertise in logistics. As a result, MyCloud Fulfillment's revenue model is designed to accommodate various client requirements, ensuring a streamlined experience that enhances the overall efficiency of the supply chain.In November 2021, MyCloudFulfillment raised USD 7.4 mn in Series B funding, which will be utilized to expand into neighboring countries. The company aims to enhance its product offerings and explore new market opportunities in the Southeast Asian region, thereby positioning itself for increased growth and operational efficiency.

## Funding rounds

- Series B, Nov 5, 2021, $7.4M — SCB10X, JWD Group
- Series A, Oct 8, 2020, $2M — Gobi Partners, SCB10X, NVest Venture, ECG Venture Capital

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- SCB10X (https://capitalatlas.ai/funds/scb10x) — Series A, Series B
- NVest Venture (https://capitalatlas.ai/funds/nvest-venture) — Series A
- ECG Venture Capital (https://capitalatlas.ai/funds/ecg-venture-capital) — Series A
- JWD Group — Series B