OpenLogi is a Tokyo-based platform that has been simplifying logistics for SMEs and freelancers since 2013. Founded by Hidetsugu Ito, who previously launched the Japanese magazine subscription service Fujisan.co.jp, the company leverages his expertise in negotiating with logistics firms to provide tailored logistics solutions for small e-commerce businesses. The company recently secured a significant ¥3.55B Series D investment on 05 February 2024 from a range of notable investors including Global Brain, SMBC Venture Capital, Hakuhodo DY Ventures, Shizuoka Capital, Persol Venture Partners, Aozora Corporate Investment, Cygames Capital, Tokio Marine, Logistics Innovation Fund, and Eight Roads Ventures Japan. OpenLogi operates within the E-Commerce, Logistics, and Delivery industries, catering to the evolving needs of the market with its innovative approach to logistics support.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | ¥3.55B | 10 | Tokio Marine, Logistics Innovation Fund +1 | 05 Feb 2024 |
Series C | ¥1.70B | 10 | Sumitomo, Signifiant +2 | 22 Oct 2020 |
Debt Financing | Unknown | 5 | Mizuho Bank | 22 Oct 2020 |
Corporate Round | Unknown | 1 | Signifiant | 07 Feb 2019 |
Series B | ¥730.00M | 4 | Headline Asia (formerly Infinity Ventures), Eight Roads Ventures Japan | 25 Jul 2017 |
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