What is Logicbroker?
Logicbroker operates a sophisticated cloud platform designed to automate drop shipping processes between merchants and suppliers. By connecting fragmented digital commerce platforms, Logicbroker facilitates the seamless exchange of critical data, including inventory levels, order information, shipment tracking, and invoices. Founded in 2010 and based in Shelton, Connecticut, the company addresses a key pain point in e-commerce by simplifying complex supply chain integrations. The company's focus on automation and connectivity positions it as a vital enabler for businesses looking to enhance their online retail operations and supplier relationships.
How much funding has Logicbroker raised?
Logicbroker has raised a total of $136.9M across 3 funding rounds:
Series A
$1.6M
Debt
$350K
Other Financing Round
$135M
Series A (2013): $1.6M with participation from Connecticut Innovations
Debt (2020): $350K led by PPP
Other Financing Round (2021): $135M supported by K1 Investment Management
Key Investors in Logicbroker
Connecticut Innovations
Connecticut Innovations (ctinnovations.com) is Connecticuts strategic venture capital arm and quasipublic investment agency, providing equity and debt financing, strategic guidance, and connections to help innovative, growing companies in the state scale.
K1 Investment Management
K1 Investment Management is a leading investment firm focusing on high-growth enterprise software companies globally, seeking to help dynamic businesses achieve successful outcomes through organic and acquisition-based growth.
PPP
Public-Private Partnership
What's next for Logicbroker?
The recent major strategic investment in Logicbroker signals a strong confidence in its growth trajectory and market position within the e-commerce automation sector. This capital infusion is expected to fuel further platform development, enhance its supplier network, and expand its market reach. As Logicbroker continues to scale, it is poised to further solidify its role as a critical infrastructure provider for merchants navigating the complexities of modern digital commerce, potentially leading to further enterprise-level funding rounds or strategic partnerships as it aims to capture a larger share of the rapidly evolving e-commerce landscape.
See full Logicbroker company page
