Lori Systems
Software · Kenya · 51-200 Employees
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Overview
Headquarters
Gateway Park Block B On Mombasa Ground F...Phone Number
+254 730877777Website
www.lorisystems.comRevenue
$8.7 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
2
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About Lori Systems
Lori is a venture-backed start-up building the cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US). Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has pushed significantly improved flexibility, reliability, and cost savings (savings upwards of 18%). The company has experienced 30% month-over-month compounded growth since product launch in May 2017. The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won Techcrunch Battlefield Africa.Explore more
Lori Systems Org Chart
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Lori Systems Tech Stack
A closer look at the technologies used by Lori Systems
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Open Position
Person-Based
Open Position
Project
A mid-level source has indicated that a website launch will be the largest upcoming organizational project.
Website
Project
Retail/Store Systems, Enterprise Software, Software, Logistics / Supply Chain
Lori Systems News & Media
Google Invests in Lori Systems
Lori Systems, a Nairobi, Kenya-based e-logistics company digitizing haulage and providing shippers with solutions to efficiently manage their cargo and transporters, received an investment from Google. The amount of the deal was not disclosed. This investment is the third from Google’s $50 Million Africa Investment Fund, which CEO Sundar Pichai announced in October 2021. It […] The post Google Invests in Lori Systems appeared first on FinSMEs.Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems
Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020. […]African startups Moove, Lori partner to propel financing for African logistics - Disrupt Africa
Nigerian mobility fintech startup Moove has signed an exclusive partnership with Kenyan e-logistics company Lori Systems to deliver access to affordable vehicle financing within Africa’s trucking and logistics industry.Kenyan-based e-Logistics Startup - Lori - Appoints Uche Ogboi as CEO - Techpadi
Lori Systems has announced the appointment of Uche Ogboi as the company’s Chief Executive Officer.
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Lori is a venture-backed start-up building the cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US). Lori’s tech-enabled and operations-driven mark... Read More
