What is LOCAD?
LOCAD operates as a sophisticated logistics technology platform designed to empower e-commerce brands through a cloud-integrated supply chain. By syncing inventory across multiple online channels, the company automates the end-to-end fulfillment process, including storage, packing, and shipping. Its core value proposition lies in its extensive network of warehouses and carriers, which allows merchants to position goods closer to their end customers. This decentralized approach not only enhances delivery efficiency but also provides a scalable solution for businesses navigating the complexities of omnichannel retail in a globalized economy.
How much funding has LOCAD raised?
LOCAD has raised a total of $24.9M across 3 funding rounds:
Angel/Seed
$4.9M
Series A
$11M
Other Financing Round
$9M
Angel/Seed (2021): $4.9M with participation from FEBE Ventures, Hustle Fund, Sequoia Capital, Antler, Gokongwei Family, Global Founders Capital, and Foxmont Capital Partners
Series A (2023): $11M led by Antler, ReefKNoT Investments, FEBE Ventures, and Sequoia Capital India
Other Financing Round (2024): $9M supported by FEBE Ventures, ReefKNoT Investments, Antler, Sumitomo Corporation, JG Summit Holdings, and Global Ventures
Key Investors in LOCAD
Antler
Antler is a global early-stage venture capital firm that partners with exceptional founders across six continents to launch and scale startups that address meaningful global challenges.
ReefKNoT Investments
Reefknot Investments is a specialized venture capital fund focused on high-growth technology startups that are transforming the global supply chain and logistics industry.
FEBE Ventures
FEBE Ventures is a global seed-focused firm founded by experienced ex-founders, providing both capital and operational insights to startups in emerging markets.
What's next for LOCAD?
With the successful completion of this major strategic investment, LOCAD is well-positioned to accelerate its expansion into new territories and further enhance its technological stack. The company is expected to focus on deepening its integration capabilities and expanding its warehouse footprint to meet the rising demand for rapid, cost-effective fulfillment. As the e-commerce landscape continues to evolve, LOCAD's focus on supply chain resilience and operational agility will likely remain the primary drivers of its long-term market dominance and strategic growth.
See full LOCAD company page
