What is LOCAD?
LOCAD operates as a sophisticated logistics engine designed to empower e-commerce brands through a cloud-integrated supply chain platform. The company provides an automated ecosystem for storing, packing, shipping, and tracking orders, effectively syncing inventory across multiple online channels. By organizing end-to-end fulfillment through a reliable network of warehouses and carriers spanning APAC, the US, and the Middle East, LOCAD enables merchants to stock goods closer to their end customers. This strategic positioning facilitates faster delivery times and optimized operational costs, positioning the firm as an essential partner for brands seeking to scale their omnichannel business models in an increasingly competitive global market.
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, Gokongwei Family, Foxmont Capital Partners, Hustle Fund, Global Founders Capital, Sequoia Capital, and Antler
Series A (2023): $11M led by Antler, ReefKNoT Investments, FEBE Ventures, and Sequoia Capital India
Other Financing Round (2024): $9M supported by Antler, Global Ventures, Sumitomo Corporation, JG Summit Holdings, FEBE Ventures, and ReefKNoT Investments
Key Investors in LOCAD
Antler
A global venture capital firm that partners with exceptional founders across six continents to launch and scale startups that address meaningful market opportunities.
ReefKNoT Investments
A specialized venture capital fund focused on high-growth technology startups that aim to transform the global supply chain and logistics industry.
FEBE Ventures
A global seed-focused venture capital firm founded by experienced entrepreneurs, providing both financial investment and strategic insights to startups in emerging markets.
What's next for LOCAD?
Looking ahead, the recent infusion of capital is expected to accelerate LOCAD's expansion into new territories and enhance its technological capabilities. The company is well-positioned to further refine its predictive inventory management and deepen its integration with global carrier networks. As the demand for seamless, high-speed fulfillment continues to rise, LOCAD's focus on building a resilient, tech-driven supply chain infrastructure will likely serve as a primary driver for its next phase of growth. The firm remains committed to empowering merchants with the tools necessary to navigate the complexities of modern commerce, ensuring that its logistics solutions remain both scalable and cost-effective for a diverse range of enterprise clients.
See full LOCAD company page
