# Picavi

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

- Industry: Software
- Headquarters: Herzogenrath, Germany
- Website: www.picavi.com
- Latest round: Series C (Apr 26, 2016)
- Investors on record: 2

## About

Based in Germany and founded in 2013, Picavi, formerly known as Logcom, operates as the developer of a wearable technology that offers visual guidance for intralogistics services. In June 2019, Picavi GmbH raised an undisclosed amount of venture funding led by new investor Nomainvest, with participation from returning investor TechVision Fonds. The firm’s customers include logistics service providers, wholesalers and pharmaceutical companies, and e-commerce companies such as Neovia, DB Schenker, Global Logistics, DocMorris, ECOMAL, Arvato, etc. 

The firm develops wearable technology like smart glasses, and individually tailored logistics process for intralogistics that enables users to create and follow a logistics process using data-backed software and visually guided order picking. The Picavi Cockpit serves as a business intelligence solution, managing smart glasses inventory, providing analytics for warehouse optimization, and enhancing communication. Moreover, the firm offers IT connections that provide on-premise and cloud solutions to all ERP and WMS systems.

## Funding rounds

- Series C, Apr 26, 2016 — DSA Invest, TechVision Fonds

## Investors

- DSA Invest (https://capitalatlas.ai/funds/dsa-invest) — Series C
- TechVision Fonds (https://capitalatlas.ai/funds/techvision-fonds) — Series C