Locus is a leading-edge technology company focused on solving challenging global logistics and supply chain issues. Founded in 2015, the company has developed a real-world ready dispatch management platform that helps businesses improve their logistics operations and drive growth through advanced optimization algorithms and intuitive workflow automation. This innovative platform has enabled Locus to assist a diverse range of global customers, including Unilever, Nestle, Bukalapak, The Tata Group, and BlueDart, in executing 1 billion+ deliveries across 30+ countries in North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian subcontinent. With its impressive technology, Locus has been able to save over $280 million in transit costs and offset 70 million kilograms in CO2 emissions, while maintaining a 99.5% SLA adherence ratio. The company has successfully secured a $50.00M Series C investment in 02 June 2021 from prominent investors including GIC, Qualcomm Ventures, Tiger Global Management, Alpha Wave Global, Raju Reddy, Kunal Shah, Deb Deep Sengupta, and Amrish Rau. Locus is headquartered in the United States and operates across various industries, including Big Data, Data Analytics, Logistics, and Supply Chain. Their commitment to leveraging cutting-edge technology to drive efficiency and excellence in last-mile delivery solutions makes Locus a compelling investment opportunity in the rapidly evolving logistics and supply chain space. For more information, visit www.locus.sh.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $50.00M | 8 | Raju Reddy, Kunal Shah +2 | 02 Jun 2021 |
Series B | $22.00M | 4 | 09 May 2019 | |
Series A | $4.00M | 9 | Hemendra Kothari | 04 Jun 2018 |
Series A | Unknown | 1 | Salil Punalekar | 01 Nov 2017 |
Non Equity Assistance | Unknown | 1 | Microsoft Accelerator Bangalore | 16 Jun 2016 |
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